May 10, 2024

The Business Day

Latest news on business, economy, startups

Over the next 3-5 years, through the program, Metric Tree Labs aim to support 50 SMEs
  • The new program will help startups and SMEs to get their internet business up and running along with product launches and proof of sales in the shortest possible time

Metric Tree Labs, a full-stack technology services company started in 2016 based in Kochi, launched ‘Technology Business Launchpad’ to handhold and support growing startups and SMEs. This initiative will assist non-tech-tech founders to build and launch profitable tech businesses.

Speaking on the launch, George Panamkuzha, CEO & Director, Metric Tree Labs, said the company will provide technical assistance as its consultants work with business owners to develop a product-to-market strategy. This will help startups and SMEs to get their internet business up and running along with product launches and proof of sales in the shortest possible time. Interested business owners can apply to the program through Metric Tree Lab’s website.

Mr. George also said their “unique model is designed to create profitable businesses rather than creating hypergrowth. The short-term goal is to incubate five internet-based businesses over the next financial year. Over the next 3-5 years, through the program, we aim to support 50 internet-based SMEs to launch and generate product-market fit and a turnover of Rs1 cr each thereby reaching a collective turnover of Rs50 cr.”

Metric Tree Labs started as an IT solutions company that served global startups, SMEs, and enterprises by launching top-notch applications on the web, cloud, and mobile with a focus on MVP Development, E-commerce, Software as a Service, and Enterprise Applications. The company aims to deliver superior technology product development experience to its customers by building influential web and mobile apps. It has gained experience in launching products for more than 100 companies over the years.

The founders believe they can continue their contribution to the development of startups and SMEs while their business focus areas revolve around E-commerce, Marketplace platforms, and Software as a Service Products. The company aims to increase its team size to 150 employees in Kochi by the year 2023 to serve a more remarkable development.

For more details, George Panamkuzha 6238 903 366