Apple’s Top Paid Application Developed by Indian Students!

As clearly mentioned in our previous articles, we have yet another story of young Indians making it big in the world. This time it is about Indian born Standard Graduate students who are the master minds behind one of the key applications in the iPad. This $3.99 application is the highest paid in the iPad section at the Apple Store.

Ankit Gupta (22) and Akshay Kothari (23) are the minds behind this innovation known as the Pulse Reader application. They developed it as the Institute of Design at the Stanford University.

According to Kothari, they gained inspiration for this project from a personal frustration which they developed after constantly reading and updating themselves on the news pertaining to mobile devices. This device is easy to use and very stylish at the same time. This news aggregator service came about in one of their Launch Pad classes. In these classes, all the entrepreneurs of tomorrow are provided with opportunities where in they could develop and bring in new products and devises within 10 days.

Pulse is capable of taking as much as twenty different news sources which could be followed leading to the creation of a visual mosaic of the news. Through this clean, visual news aggregator, the news stories and articles could be easily tapped and enables a clear view of the same.

One can also view the “text-only” format of the articles as well. These versions are nothing more than the cleaned versions of the site’s RSS feeds. However, it also caters to the full articles the way they are published on the website.

At the same time, it also permits for sharing these stories via Twitter and Facebook through the individual sharing tools which are usually available on the particular websites as well.

Pulse is yet to find a place with many news agencies and organizations since they are still in a position of getting acquainted with the schemes of the iPad. Although, high hopes are attached with the success of this device.

As of now, almost 15,000 people have already downloaded this application. When it comes to the revenue, more than $40,000 has been generated. Of this, Apple has a 30% cut in it.

Ankit and Akshay have started their own venture known as Alphonso Labs. At present, they are working on the different versions of this application which would cater to other instruments as well. At the same time, talks are on with many prospective investors as well.

So, definitely a bright future for these two bright lads!