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  • Business Today

    Building Scale

    The Indore based tech firm may be small but has many fortune 500 companies as clients. next on agenda: going global
    by Joe C Mathew Aug 19, 2019 3 minutes

    Soon after the global dotcom bust in 2000, three childhood friends Siddharth Sethi, Mitesh Bohra and Avinash Sethi, in their mid twenties then decided to set up a software company in their hometown, Indore, Madhya Pradesh. Unlike Bengaluru, Hyderabad or Pune, Indore was not an IT hub, and the three were then working in the US.

    InfoBeans Systems (renamed InfoBeans Technologies in 2017) was incorporated with seed capital of $3,000 (about Rs 1.2 lakh) from each co founder in 2000. "After that we have never invested our

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