Our comments and trackback policy You Link We Follow, You Comment We Promote

SMSGupShup is growing by leaps and bounds in India. Reports state that the startup has now grown to have 20 million users and is generating as much as $150,000 a month. What’s more interesting about the startup is the fact that the users don’t need to access the site after signup and can use it via SMS alone. While the cost of covering the SMS price for the number of texts that are exchanged from the service may be much larger than what it is earning, but that is negotiable. How? Well if your service accounts for around 6% of the text messages, you are in a better position to negotiate deals that the prices down. Plus there are always advertisements, which the services included in its messages a few months back.

Definitely not a bad start for a service of its kind and one that shows a very promising market for such ideas in India. I think startups such as these will invite more foreign investors to begin supporting innovative startups in the region, the sort of boos that is required by the countless people to put their ideas into practicality.