It’s not a simple task to make an alternate to Zoom, the favored video conferencing tool that grew unprecedentedly during the COVID-19 pandemic. Zoom grew to 300 million participants in March 2020 from just 10 million in December 2019.
It’s tougher still, to make it in 10 weeks – which is precisely what Chennai-based Instrive Softlabs did with its video conferencing solution HydraMeet.
It was launched by a four-member team that included engineers, management consultants, and digital strategy specialists in true startup-mode.
“Ours is the only product that has been developed in the last 10 weeks. Most of the other competitors in the challenge have had an existing product. As a startup, we responded to opportunity by rapidly forming a team, and are now taking to market,” says Ashok Kannadasan, Founder and CEO of Instrive Softlabs.
It is the fifth product of Instrive Softlabs, and the startup was founded in 2019, to unravel for highly-secure video conferencing solution needs of India. The startup, which presented its product HydraMeet for the ‘Innovation Challenge for Development of Video Conferencing Solution’ by The Ministry of Electronics and knowledge Technology (MeitY) two months ago, has been selected among the winners. It choose together of the 12 companies for the semi-finals that include Peoplelink, HCL, and Zoho.
“HydraMeet has been designed from the ground up to give users full control of their time, experience, privacy, and security,” Ashok says.
The team remains within the process of finalising a price for its product. they’re keen on focussing on affordability and a pay-per-use system instead of a hard and fast fee. The startup further claims that each one the info within the system are AES256 encrypted end-to-end, following the safety standard.