August 21, 2009

Naveen Jain: Realizing Visions through Intelius

Filed under: Biz Ops — admin @ 11:47 am

In January 2003, the information technology industry hailed the founding of a new business that would later turn into one of the fastest developing information businesses in the United States. This brilliant idea came from the mind of a visionary and innovator who came all the way from Uttar Pradesh, India.

As an immigrant from India, Naveen was born in 1959 and raised by a civil engineer. In college, Naveen Jain attended the Indian Institute of Technology, where he graduated in 1979 with an undergraduate degree in engineering. He later received his postgraduate degree in business administration from the Xavier School of Management and Human Resources. When he accepted an offer to go to America, he settled on a position as senior executive and project manager at software giant Microsoft Corporation. He stayed with the company for seven years. But in 1998, he left Bill Gates’ company to launch his first company called InfoSpace, an online content and service supplier.

Naveen Jain, listed in Forbes’ 400 Richest Americans in 2000, decided to develop technology even more. He envisioned a business that can be a tool for delivering data that real people needed to address real-life circumstances. With the reality that the huge number of public data distributed in office and library sources are hard to access by the ordinary person, Jain established a company that can obtain technology empowering consumers to gain access to precise and relevant data via the Internet. That vision turned into Intelius, which was co-developed in 2003 by Naveen Jain and six other colleagues from InfoSpace.

The company centers on the power of analytical intelligence allowing businesses and consumers to make intelligent personal and business choices. From hooking up online to accepting occupants, to tracking child guardians and searching for good neighborhoods, Jain’s Intelius enables makes relevant information available for a reasonable price.

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