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Yaran did his Masters degree in Electrical engineering and worked at IBM for two years. He is not satisfied with his job because of the problems with the superiors. Then he decided strongly to prove himself and an incident change his life. The incident which changed his life is that every month the savings in his salary is deposited in the bank but he is not satisfied with the services related to the transactions from bank. Then he decided to launch an online website to provide quality to the customers and the result is mint.com

Seven months of hardwork

There are many web sites in America which are offering their services to the customers and so Yaran thought of launching new web site to face the competitive world. By that time People are suffering a lot due to the financial crises. In order won this competitive world he decided to show the solution for that problem. For this he planned perfectly and he viewed the entire world from his room for seven months each 15 hours a day. He launched a new web site under alpha version and his dreams came into reality in November 2007. California in America became the platform for his new invention. He got the support of Benchmark capital, Shasta ventures and First round capital to start his dream project with an investment of 8 crores.

About mint.com

He first make an agreement with around 7500 branded banks, financial institutions to offer qualitative services through mint.com . he suggested about savings and investments tips to the customers through this site online. He provided their income, expenditure in the form of a graph and also gave the details about the banks that offer low interest which makes the customers satisfactory. The customer can open his account through online within five minutes without any terms and conditions.

Even in financial crises also this web site got a great demand by provided qualitative tips to the customers with free of cost. This web site working successfully with the around 20 lakhs customers and nearly 3400 customers are joining every day. Times magazine has rated this web site has one of the best among 50 web sites in the world.

Microsoft which is the one of the biggest software company offered 130 million dollars to take over this mint.com by observing the familiarity to this web site. On the other hand intight offered 170 million dollars. Though yaran declined these offers in the beginning later on the offer given to him in the share make him to accept for the offer. With the amount received he is planning to start one more new invention with his creative knowledge in other field.