Description
Jade Magnet is a crowdsourcing platform for creative services. First of its kind in India, it is an ecosystem where services range from branding, advertising, animation, communication, graphic design, and product design across various media. These can be delivered through a network of thousands of creative providers. The ecosystem includes partners who take care of execution of campaigns, printing and, plugging technology behind designs and many other services.
Location
India
Company contact details
Jade Magnet Inc.
440 N WOLFE ROAD, # 073, SUNNYVALE, CA 94085
Brief business history
Sitashwa Srivastava and Manik Kinra two young entrepreneurs with a missionary zeal to create the next big idea in India had just completed a pilot program called creADivity before applying for pre-EAP evaluation. They presented the results of the pilot to the EAP evaluation panel to back the idea. It was an initial proof of concept and was selected for EAP. At that time the platform had 45 providers and two pilot clients to show case their business.
Funding
Sitash and Manik raised $200,000 seed investment from Muki. The company was rebranded as “Jade Magnet” and has started working aggressively on building the online platform and expanding the service ecosystem. The team received a lot of personal leadership advice and grooming from their mentors. Being in the B2C market, the most pressing need of any start-up is getting a foothold in potential customer organizations. Muki has been able to leverage his network of contacts for the benefit of Jade Magnet, which has brought in a 100% month-on-month growth in sales.
Success to date
It was good working with Jade Magnet team. Manik and Sitashwa are bubbling with creative energies and the photography competition they organized recently was quite a testimony to what they can do. I wish them all the best and look forward to working with them in the near future - Shradha Sharma,Founder - YourStory.in & Jade Magnet's Client
Editor's comments
India's top crowdsourcing creative platform
Jade Magnet - one of India’s hottest startupsdocument
How Crowdsourcing LLC uses Crowdsourcing (2)video
How Crowdsourcing LLC uses crowdsourcing (1)video
crowdSPRINGsite
Posted by Carl Esposti