We are publishing an interview of Mr. Surya, Founder, Inkmonk – A Platform that Allows You To Design Products In Real Time, Compare Prices Among Different Print And Manufacturing Houses Across India And Book A Service Provider.
About the founders
Isaac and Surya met each other during hackathon that happened in Chennai. Isaac comes from a designer and product strategist background after working in HackerRank for 1.5 years and working with other startups under similar domain. He also was brought up in a family whose business is into traditional printing, which served as seeds for starting Inkmonk (marketplace for printing). Surya comes from technical background working in a technical role at Amazon and Mcafee. Surya loves solving problems with tech and also writes on Quora.
What is the problem you are trying to solve?
Inkmonk is organizing an Under Organised Printing & Customization marketing. We are making it easy for customers to purchase customized products for promotions, marketing or gifting under one roof. The platform allows you to design products in real time, compare prices among different print and manufacturing houses across India and book a service provider.
What is the uniqueness about your Startup?
Traditionally you would have to meet the print shop, work with art work, talk, negotiate, pay offline, wait for delivery etc… We have built the Amazon for Printing and we have successfully partnered with companies like Google, Paypal, Uber, Unilever and lots of companies in their recurring print and merchandise requirement. At present there is no real time marketplace for Print and customized products.
What is the revenue model?
Inkmonk makes money out of every sale that happens through the platform as commissions. The idea is to keep the friction as low as possible for both buyers and sellers in the matchmaking process on Inkmonk platform so the platform provides all the values via. technology and makes money out of every sale.
Who are the consumers that you are targeting? How is this going to affect them?
Inkmonk focuses on B2B.
What is the big picture of your startup? Will it lead to something bigger? If so, how?
Solving the printing problem is already a Billion dollar opportunity currently at $21 Billion as Market size in consumption for commercial printing in India. Globally this is much bigger. Inkmonk is a very scalable plug and play model, we are asset free and can scale to any country with just pure learning and business strategy. Inkmonk will set out to become the world’s largest customization and print marketplace.
Any other information about your startup that you would like to share with us.
Inkmonk has raised 2 rounds of funding so far and line of Investors include Girsh (founder of Freshdesk), Phanindra Sama (ex. CEO of Redbus) and a line of India and Japanese Investors.