- Whenever someone jumps into Entrepreneurship, one of the first question comes in the mind is “Why?”. Same happened with the two techies: Naveen Ramachandra and Prashant Janadri, who quit their high paid salary jobs to bring the change in the employment sector by their idea- FeedMyPockets.
The “Why” behind their Social Entrepreneurial Journey:
In the year 2016, two techies boarded an auto to their respective office which was located in the same Tech Park. In the mid of the journey, the auto driver who was aged around 50 received a phone call. At the end of his conversation he stopped his auto and broke down to tears, those scenes were very disturbing to any human. Out of courtesy they did enquire him, the auto driver was short of 2500 INR for his son’s college fee, he adds saying he had lost his first son as they couldn’t afford his education expenses and he also couldn’t afford to lose another son for the same reason. Eventually, he did ask the techie’s for the money and promised to return it back in 2 weeks’ time.
This incident struck the two techies really hard and made them think hard to find a solution to overcome this problem. They needed the entrepreneurial zeal and passion to hunt for the solution without which it would have been difficult to find a solution in this ever challenging world. In a country with 1.3 billion people, India has one of the largest student body in the World. But still, all are not getting right and equal quality education due to lack of finances. After the market study,, they realized that the solution for this problem was in the problem itself. “Earn to learn” & “Learn and Earn”. This brought them to the concept of “Part Time Jobs”.
These two guys started with Facebook campaigning “part-time job seekers in Bangalore –Students” and surprisingly they were overwhelmed with the response in one month which was more than 1000+ forms. This response made the two guys to harden their mind to swim in entrepreneurial journey, but the journey was not a cakewalk as the biggest problem was providing genuine part time jobs for all these applicants. Also, on the other side providing hardworking and trustable employees to the clients. Then the two techies started doing survey, research and hunting for a platform where these temporary job seekers will fit into. It didn’t take much time to realize a fact that how important part-time and temporary workforce to startups, branding agencies, marketing agencies, event management and market research companies. This realization made these two guys to quit their high-pay software jobs and started working on the platform of their own.
A Platform was built and named as “FeedMyPockets”, the two techie’s were “Naveen Ramachandra” and “Prashant Janadri” who are the Co-founders and Directors of one of the hottest startups in Bangalore today.
Milestones achieved by FeedMyPockets:
In one year, “FeedMyPockets” has been bootstrapping by its own and has got 1Lac+ users, reached 1 Crore+ revenue, served 125+ companies (startups, branding agencies, marketing agencies, event management and market research companies), and disbursed 7.5 Mn of pocket money with nearly 10,000+ part-time jobs staffed.
This is a unique platform where students can utilize their free time, apply for jobs based on the location and other job criteria, get education loan, internship and also can get an opportunity to be crowned as a student ambassador to shape their leadership, communication, and Entrepreneurial skills. The time driven algorithm is keenly structured to notify students for part-time and temporary jobs through the app which automates the process right from applying for the job till its completion and payments. This creates trust among the students as their complete process is online.
FeedMyPockets is planning to expand their operations across all metro cities and tier-1 cities. However, currently, they are operating at Bangalore, Chennai, Hyderabad, Mumbai, and Pune. Their keen target of fundraising is to increase their market share and bringing social impact on student body by empowering them.