Azhar Iqubal, a prominent judge on Shark Tank India and co-founder of Inshorts, has launched a groundbreaking venture, Fenado AI. Developed alongside Manish Singh Bisht, former head of technology at Inshorts, Fenado AI is a no-code platform enabling businesses to create apps and websites by simply sharing their business requirements and preferences. This innovative solution eliminates the need for expensive tech teams and coding expertise. With over 200 paying customers already onboard during its beta phase and plans to reach 10,000 startups globally by 2025, Fenado AI is set to disrupt the tech development space. The platform’s ability to deliver fully functional digital solutions in minutes underscores its potential to democratize innovation and technology for businesses worldwide.
The Working Model: Simplifying Technology for All
Fenado AI operates as a no-code platform designed to empower businesses of all sizes. Users can communicate their business needs and design preferences through an intuitive chat interface. The platform’s AI-driven engine processes this input and generates fully functional apps or websites within minutes. This seamless experience eliminates the complexities of coding and reduces dependency on dedicated tech teams.
Key Features of Fenado AI:
- No-Code Development: Users require no prior coding knowledge.
- Customizable Solutions: Tailored apps and websites are created based on specific user inputs.
- Speed and Efficiency: Fully functional digital products are ready in minutes.
- Scalability: Solutions are built to grow with the business.
- Cost-Effectiveness: Eliminates the need to hire or maintain expensive tech teams.
Revenue Model:
Fenado AI generates revenue through a subscription-based model, offering various tiers of pricing to cater to startups, small businesses, and large enterprises. The platform has already recorded significant revenue growth, from Rs 3 lakh in its beta phase to an expected Rs 20 lakh this month.
Founders’ Background: A Blend of Vision and Technical Expertise
Azhar Iqubal, the visionary behind Inshorts, has a track record of leveraging technology to simplify content consumption and is also a Shark Tank judge. With over $170 million in investments raised for Inshorts, his expertise in building scalable tech ventures is undisputed.
Manish Singh Bisht, co-founder and CTO of Fenado AI, brings robust technical leadership. As the former head of technology at Inshorts, Bisht has a deep understanding of building reliable and efficient tech platforms. Together, their combined expertise ensures that Fenado AI is both innovative and practical.
Services and Products: Democratizing Digital Innovation
Fenado AI is more than just a tool; it is a comprehensive solution for businesses aiming to establish an online presence. Its services include:
- App Development: Fully functional mobile applications tailored to user needs.
- Website Creation: High-quality websites that align with business goals.
- End-to-End Tech Support: Continuous support to ensure scalability and reliability.
Background Story: The Inspiration Behind Fenado AI
The idea for Fenado AI was born from the challenges many entrepreneurs face in accessing affordable tech talent. Azhar Iqubal’s experience on Shark Tank India highlighted a recurring problem: innovative ideas often stall due to the lack of technical expertise or resources. Recognizing this gap, Iqubal and Bisht set out to create a platform that could empower anyone, regardless of their technical background, to bring their ideas to life.
Achievements and Growth Ambitions
Since its inception, Fenado AI has shown remarkable progress:
- Beta Success: Over 200 paying customers onboarded from India, Europe, and the United States.
- Revenue Milestones: Achieved Rs 3 lakh in revenue last month, with projections to exceed Rs 20 lakh this month.
- Global Reach: Aiming to onboard 10,000 startups by 2025, with a focus on tier-2 and tier-3 cities.
Iqubal envisions Fenado AI as a tool not just for urban entrepreneurs but also for small-town innovators, enabling even a vegetable vendor to launch an online platform effortlessly.
AI at the Core: The Future of Tech Development
Manish Singh Bisht emphasizes the efficiency of AI in coding tasks. The platform’s AI capabilities ensure:
- Efficiency: Faster development compared to traditional methods.
- Scalability: Solutions designed to grow with business needs.
- Reliability: Robust and secure digital products.
Learning for Startups and Entrepreneurs
- Leverage Technology: Use no-code platforms like Fenado AI to reduce costs and speed up development.
- Focus on Core Operations: Let AI handle technical tasks, allowing you to concentrate on strategy and growth.
- Innovate Without Boundaries: Even small businesses can harness technology to compete in the digital space.
- Scalability Matters: Choose solutions that can grow with your business.
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