To: Mohan Marette who wrote (6127 ) 8/31/1999 8:19:00 PM From: Mohan Marette Read Replies (2) | Respond to of 12475
Infonity to offer services in all state capitals Our Hyderabad Bureau 31 AUGUST INFO India Pvt Ltd, a Hyderabad-based Internet startup company ,plans to offer online and offline services through proposed offices in all state capitals across the country, said Mr Aveena Gudapati, managing director. The company is planning to set up a countrywide network of distributed servers in all the state capitals. "Our vision is to provide infinite, timely, accurate and pertinent information to different segments of the market through innovative methodology," said Mr Gudapati. Functional integration and degree of innovation, the key elements of any successful business model are going to be the strengths of the company, he added. Infonity's offices in state capitals will be set up within the next twelve months and each city will have about 200 information centres each, said Mr P Ramesh Kumar, chairman. "Our investment in the project would be about Rs 4 crore over the next 18 months. We will launch our offices in Chennai and Bangalore by September 30 and two offices per month thereafter," he added. In the first phase of its operations, the company is launching its first product, Infotravel, under which travel-related bookings and information will be provided. Infotravel services include hotel reservations, car rentals, information about the cities, bookings in buses, information about different travel options and money transfers. The users of this service will get discounts from the hotels, car rental agencies, etc. The company expects to tie-up with about 400 hotels in the next six months. Within one year, the company plans to offer nine such products including Infobiz, Infolaw, Infofin, Infohr and Infomar to enable online and offline business transactions, legal and financial services.