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Solid Backing

Even SBICs feel this economy, but they may have the resources to make your deal work.

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This story appears in the February 2003 issue of Entrepreneur. Subscribe »

It started out as a straightforward consulting project for Mahendra Vora and research partner Sundar Kadayam. They were analyzing software trends and perusing market research studies to assess the size of various software markets. But after spending 40 hours looking for information that should have taken 10 minutes to access, the pair concluded that more advanced tools were needed to search the Internet and databases of public information. Within months, they launched Intelliseek Inc., providing software to capture, track and analyze information for use in strategic planning, market research, product development and brand marketing.

Vora, 39, was no stranger to start-ups. By the time he co-founded Intelliseek in 1997, he already had three business launches under his belt. He sold all three to Fortune 500 firms, providing capital for Intelliseek. His initial investment of a few million dollars supported operations the first couple of years and through two major product launches.

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