Bangalore-based InstaColl, co-founded by Sabeer Bhatia, Sumanth Raghavendra and Kaushal Cavale, today launched an application called Live Documents, which is a hybrid online-offline office suite of applications with features similar to Microsoft Word, Excel and PowerPoint.
In development for the last two years, the product is truly a 'Made in India' product, according to Sabeer Bhatia, chairman, Instacoll.
"I believe Live Documents does what Hotmail (which Bhatia sold to Microsoft for a little over $400 million) did for e-mail," he said.
Sumanth Raghavendra, CEO, Instacoll, said, "The launch of Live Documents will fill all the gaps that Microsoft has not been able to fill, especially in the online category. With its software and services approach, users can access this via a hosted model, on premises servers or use a plug and play appliance."
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