Contus to Launch New Marketplace - Apptha

Contus been highlighted in “Economic Times” for Marketplace App Store

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Readymade applications from one App Store It is:

“MARKETPLACE”

By India's Leading mobility providers“CONTUS”

What Technology Experts Speaks about this

"The concept of a market place for Web app components is a good one. Their challenge will be how to reach the customers in this market,”

Dorai DodlaTechnology Expert

"Ready-to-launch modules will considerably save a lot of time and be very cost effective,"Lakshmi Polturi

Cofounder of ecommerce store Jabong

 "I thought if we need to have 1,000 apps, you need at least 300 people. Instead of hiring them, why not tie up with developers?" SriRam Manoharan

Co-Founder and CEO of Contus

Other Highlights from the ET Press Article

• Contus is planning to spend around $200,000 (Rs 1.2 crore) to establish Apptha to reach out to newer geographies.

• Contus is also planning to engage with around 15-20 developers to certify and host their extensions as well in this marketplace.

• Contus is in talks with developers to come up with apps or extensions for its marketplace and it is looking at a 70:30 revenue sharing ratio with them

Reference :

http://articles.economictimes.indiatimes.com/2014-04- 12/news/49080203_1_contus-marketplace-vinayak-joshi

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