2024 was a defining chapter for us at Kovai.co. We decided to focus on consistency and innovation across our three products – BizTalk360, Document360, and Turbo360. We believe our efforts have set a strong foundation for future growth.
Strengthening our Offerings
We invested heavily in Document360 and Turbo360, which resulted in remarkable strides in feature development and the resolution of critical issues. These efforts were reflected in the newly introduced customer satisfaction surveys, where we saw satisfaction levels noticeably growing.
While the AI revolution is exciting to us as much as everyone, we reacted quickly but thoughtfully. We saw meaningful ways through which it could enhance our knowledge management tool. This led to the successful rollout of 26 AI-powered features for Document360.
Since rebranding Serverless360 to Turbo360 last year, we’ve seen significant traction within the Azure community. By focusing on Azure cost optimization, an area currently underserved in the market, Turbo360 has carved out a unique niche, driving adoption and growth.
While BizTalk360 has faced slower growth due to the industry shift to cloud solutions, its strong performance continues to support our investment in scaling Document360 and Turbo360.
Awards and Recognitions
We are super glad to say that Kovai.co’s story of growth continues to inspire many globally. Our CEO and founder, Saravana Kumar, received the “Bootstrapper of the Year” award at the TEKPON Awards held in Bucharest. The TEKPON annual awards, branded as the “Oscars of SaaS World,” recognized him for bootstrapping Kovai.co from a single-person startup to a multi-product enterprise SaaS company with more than 250 employees and an ARR of $10 million.
We also received the Tamil Nadu Disruptors Award 2024 from YourStory in the SaaS category, noting our growth story. Earlier in the year, our CEO, Saravana, also received the Vocational Award for Business Excellence by the Rotary Club of Coimbatore. It was extra special because his parents and a whole bunch of us from Kovai.co could attend the event.
Culture and Employee Well-Being
We also saw our office amenities and employee benefits improving significantly. Based on many of our requests, we changed our menu to include non-vegetarian biryani at least once a week, salads, soups, and pulaos, which has made lunch more fun. Even more popular are our Free Snack Fridays, which include offering a free snack to everyone on Friday evenings, kicking off the weekend mood. The snacks include tasty sandwiches, samosas, etc.
Acquisition: Floik Joins the Kovai.co Family
A major highlight of 2024 was our acquisition of Floik, an AI-powered interactive demo and user guide platform. The Floik team has joined forces with Document360, working to deeply integrate its features into our ecosystem. We’re excited about the value this will bring to our customers in 2025 and beyond.
Looking Ahead
As we step into 2025, we’re committed to building on the foundations laid this year. From scaling our revenue, customers, and team to strengthening our compliance efforts with SOC 2 Type 2 certifications for BizTalk360 and Turbo360, growth and innovation are ahead.
Thank you to our customers, team, and partners for being part of our journey. Here’s to an even more exciting 2025!
#TogetherWeGrow
