Mayank Dave, a young entrepreneur from Ahmedabad, founded Shree Tripada, a CPaaS solutions company that sends over 200 million SMS per month and generated ₹7 crore in revenue this financial year.
Starting with just ₹20,000 in 2011, Mayank faced initial struggles convincing clients due to his age, but through perseverance and tailored solutions, the business picked up.
Shree Tripada grew to provide various communication services like bulk SMS, voice calls, bulk email, chatbot solutions, and WhatsApp Business, targeting businesses seeking affordable communication.
Despite regulatory hurdles such as TRAI restrictions and increased SMS rates, Shree Tripada diversified services and adapted during the COVID-19 pandemic by offering free DLT registration support and WhatsApp solutions.
With over 200 million SMS sent monthly and clients like Inox and Shalby Hospitals, Shree Tripada has become a leading CPaaS provider in India, remaining bootstrapped but open to future funding.
Mayank aims to expand into the Middle East and APAC regions, increase revenue to ₹10 crore by 2025-26, and solidify Shree Tripada's position in the global CPaaS sector, with an eye on the booming Indian CPaaS market.
Mayank's journey exemplifies the spirit of entrepreneurship, innovation, and growth, showcasing how a dedicated founder can shape a successful business even in a competitive industry.
With a focus on customer satisfaction, affordability, and continuous innovation, Shree Tripada aims to establish itself as a global leader in CPaaS solutions, setting a benchmark for aspiring entrepreneurs.
Shree Tripada's success story is a testament to Mayank Dave's vision, perseverance, and adaptability, highlighting the potential for growth and impact within the evolving landscape of cloud communications.
The journey of Shree Tripada underscores the significance of resilience, customer-centric approaches, and strategic expansion plans in building a sustainable and impactful tech startup in today's dynamic market.
As Mayank's entrepreneurial journey continues, with a focus on global expansion and revenue growth, Shree Tripada remains poised to leave a lasting imprint on the CPaaS industry, embodying the essence of innovation and success.