An AI startup from Coimbatore has given a bonus of Rs 14 crore to its employees. A total of 140 employees working in this startup have been announced to give bonuses. Knowing this, you must be wondering what will happen if we get such a bonus? Let us tell you that a startup named Kovai Ko has given a bonus of Rs 14 crore to its employees. A total of 140 employees are working in this company and Rs 14 crore will be distributed among them as bonuses.
Company owner Saravankumar fulfills his promise
Let us tell you that an AI startup in Coimbatore, Tamil Nadu has shown something that every startup dreams. This company was founded in 2011 by a person named Saravankumar. This startup provides business-to-business saas solutions. After 14 years, Saravankumar decided to fulfill his promise to his employees and gave a bonus of Rs 14 crore to his 140 employees. Actually, Saravankumar told his employees three years ago, “Stay with us for three years and I will give you a salary bonus of six months from January 2025.” Saravanakumar has fulfilled his promise and a total of 140 employees have been given a bonus of Rs 14 crore.
Saravan wants to convert the company to Unicorn
The founder and CEOs of Kovi.C. spend most of their time in London. While 250 employees work from Coimbatore. He said that I want to make Kovi Koca unicorn. Our ambition is to generate revenue of $ 100 million by 2030. He smiled and said, “I have left the idea of buying a Bugatti car… I wanted to buy this car to give a bonus to my employees.” But at the moment Lamborghini will have to work from Porsche itself.
The owners of the company live in London.
Kovai, which is named after the city. Where it was established. The company is proud that its customers include big names like Boeing and Shell. Its founder Saravankumar is a native of Coimbatore. He moved to London 25 years ago. Saravankumar said, “I was a regular IT employee for more than a decade.” But I saw a difference in the market and decided to fully boot up this startup and we did not get any external funding…
Everyone dreams of becoming rich.
Now people must be surprised that what is the reason behind giving such a big bonus? Responding to this, Saravankumar said that the current annual revenue of Kovaik is $ 15 million. He also questioned why people work for startups. Because they want to become rich one day. Everyone dreams of becoming rich.
