Harbinger also announced the launch of the latest Raptivity 4.0 version, which allows trainers to track the learner's progress during interaction. Says Joshi, "Continuous innovation in this product and an effective digital marketing strategy has ensured a wide reach for our product within a short time, ensuring that our users are spread across 25 countries."

To meet the increasing business requirements of the company, Harbinger will also be adding 500 square feet to its current facility immediately. "We are also setting up another office at Pashan at an investment of Rs 2 crore and with a capacity to seat 200 people. While we plan to recruit 100 more employees, taking our headcount to 300 by end of this year, the plan is to grow to 500 people by end of 2008," said Swati Ketkar, executive director of Harbinger.

The company has reported revenue of Rs 15 crore this fiscal, indicating a growth of 40 per cent at the group level. The product business, which contributes 35 per cent of the group's turnover, grew at 150 per cent, contributing substantially to overall growth. "We expect our product business to contribute almost 50 per cent of our revenues next fiscal and with the market only emerging, we expect this contribution to increase even further," Joshi added.