iWeekend event was successfully organized at NSRCEL, IIM Bangalore. Two ideas were shortlisted namely: Wikipaisa.org, led by Deven Shah and Kickoffers.com, led by Vinayak.
50 selected entrepreneurs were asked to choose from 2 selected projects to work on during the weekend. It was a great opportunity for entrepreneurs, especially the techies, to expand their horizons in two intensive days, working with talented people of diverse profiles.
Qualcomm, has bought Mango’s handset user interface software with a PC-based customization kit that allows developers to create mobile applications.
Mango has announced the sale of few of its products to Qualcomm Inc.
Ojas Ventures, the $35-million early stage venture fund floated by N S Raghavan, the co-founder and former joint managing director of Infosys, has made its first exit from its investment in Bangalore-based Mango Technologies Pvt Ltd.
The exit for Ojas follows Mango Technologies’ move to sell few of its products to Qualcomm Incorporated, the world’s largest wireless semiconductor company. As part of this transaction, Qualcomm received mobile handset user interface (UI) software and a PC-based UI customization toolkit from Mango. The value of the deal was not disclosed. The deal with Qualcomm has offered an exit window for both Ojas, which is the first institutional investor, and other angel investors in Mango.
Reference Links:
http://www.vccircle.com/500/news/ojas-makes-its-first-exit-with-mango-technologies
http://www.livemint.com/2010/02/03231305/Ojas-exits-Mango-Tech-after-Qu.html
http://contentsutra.com/article/419-ojas-ventures-invests-in-software-solution-provider-mango-technologies/
E-Summit is the annual event of Ecell at IIT Bombay.
E-Summit 2010 focuses on the three E’s:
* Explore
* Evolve
* Enterprise
E-Summit will bring in some of the most enriching and enlightening panel discussions, workshops and interactive sessions with successful and distinguished entrepreneurs and corporates. For startups and entrepreneurs there will be parallel events like mentoring sessions and startup showcasing. The summit will also host the finals for EUREKA! 2009- Asia’s largest Business Plan competition.
Web: http://www.esummit.ecell.in
Date: 7th Feb, 2010
Venue: IIT Bombay
Organized by:
The Entrepreneurship Cell
SAC, IIT Bombay
Mumbai-400076
Phone No: (022) 25764044
Fax No: (022) 25768490
E-Mail: ecell@iitb.ac.in
Perfios, a Bangalore based startup, is introducing an innovative software application to manage personal finance in a Safe and Trusted environment and help users analyze and understand their finance in a simple, easy and secure way. Perfios was created by individuals who are backed by extensive years of experience in the software domain and are further backed by financial domain experts from various financial institutions.
The members of the Perfios think-tank have had long, successful stints at organizations leveraging the best-of-the-breed technologies to build intuitive, secure software applications for the Banking and Financial Services (BFS) sector. The founding team members have served as C-level executives in several multinational organizations and have been instrumental in setting up and managing global delivery teams. The members have also successfully transformed several start-up software companies into large, profit-making enterprises.
Who can benefit from Perfios?
Perfios is for anyone who wishes to solve the problem of managing wealth distributed among various asset classes and among various institutions. If you have bank accounts, credit cards, Mutual Funds, Equity etc with multiple institutions, how often have you felt that - ‘what if all of this could be accessed at one place?’ Perfios addresses exactly this aspect (and more!) and provides access across asset classes on one platform and in the process takes care of your other worries too!
Please do give it a whirl (www.perfios.com) and share your feedback.
Mnemonic Dictionary (MD) helps in learning and remembering word and it’s meaning easily by providing memory aids (called mnemonics) for each word. Mnemonics connect to-be-remembered meaning of words with a systematic and organized set of images or words that are already firmly established in long-term memory and can therefore serve as reminder cues.
The website puts the vivid mental images and whacky imagination to use. For instance, the word “nefarious” which means “extremely wicked” may be very difficult to learn and use. The mnemonic they have used is that this word sounds like ne(nephew)+farious(furious),so your nephew is very furious or cruel or violent.
The Mnemonic Dictionary team is based in Hyderabad (India).
MD Team: Amit Aggarwal, Pritam Kumari, Prameela Jeppu, Arun Dubey, Himanshu Arora
Visit mnemonicdictionary.com to explore the service.
IndiaKhelo announces Indian Regional League for Basketball and Volleyball in association with CommonFloor.com
Indian Startups are not shying away from going offline and touching all part of the ecosystem. Indiakhelo, India’s premier sporting site, announced Bengaluru’s first ever Indian Regional League for Basketball and Volleyball for teams from schools, colleges and apartment complexes. Commonfloor, India’s biggest online apartment community will be co-organising the tournament for apartment complexes. The tournament will host more than 150 teams across 35 colleges, 35 schools and 20 apartment complexes. Some of the apartments who have confirmed their participation are IDEB Springfields, Ferns Rainbow Drive, Sobha Jasmine, Purva Fountainsquare, Suncity Corporate Leisure, L&T Southcity Apartments, etc. The teams will play their matches on Dec 5th and Dec 12th at Jayanagar stadium to announce the final winners across various categories.
While the tournament will be a very important addition to the school and college level sporting competitions, it will provide apartment level players a first ever chance to move ahead from local level matches and compete with the best players across the city. Sumit Jain, co-Founder, Commonfloor.com said, ”Our association with the IRL is a win-win situation for apartment teams to move on from gully-sports and play in the highest competitive form and the most authentic professional setting. Moreover, it is yet another opportunity to reaffirm the community spirit that we stand for.”
In case your team still hasn’t registered, kindly contact:
For Schools & Colleges: Aman Prakash, Indiakhelo.com (aman[at]indiakhelo.com, Mobile: 8050973479)
For Apartment Complexes: Vikas Malpani, Commonfloor.com (vikas[at]commonfloor.com, Mobile: 9886063375)
Theme - Online Retail
Startup Saturday is an initiative by Headstart to provide entrepreneurs in each city with a monthly community driven forum that is structured in agenda but open in discussions. A Startup Saturday provides a forum for entrepreneurs to discuss, present, network and learn from peers, prospective customers, adopters, partners and investors.
The fundamental idea is to have all parts of the innovation ecosystem interact with each other with high frequency and through rich conversation. We strongly believe that this would lead to faster evolution of the entire ecosystem.
Time and Venue:
Saturday - 10th October, 2009 10:00 hrs - 13:00 hrs
Venue: NSRCEL, IIM Bangalore
Agenda:
Demo 1: FlipKart.com
Demo 2: Picsquare.com
Lightning Pitches:
Panel Discussion “Opportunities & Challenges in Online Retail”
o Vitheeswaran from Indiaplaza.in
o Vijay from WisdomTap
o Vijay from Infibeam.com
Snacks and Networking.
Visit http://network.headstart.in/projects/startup-saturday-bangalore/project-home or http://headstart.in/ for further details.
As quoted in today’s Livemint: “Cool jobs may be difficult to find in these recessionary times, but there’s no shortage of cool entreprenuers”. That is true in India. This recession thing is acting as air to the spark, the result is going to be huge fire among Indian youth. These cool start-ups not only working on the cool idea, but provides a cool environment to work for. Here are some the companies covered under Cool Startups by Livemint on 25th September 2009.
D.light Design
Cocoberry
Syringes
RideInSync
Gift a Garden
CashurDrive
For complete coverage, get hold of Todays’ Mint Lounge or read it online here
The latest batch has a diverse set of startups ranging from apparel, financial services, automotive, advertising & education domains
Morpheus Venture Partners (MVP) (www.morpheusventure.com) an India based venture firm, which works closely with selected startups as a ‘limited co-founder’ announced names of 10 progressive startups participating in Batch 3 of its four month Business Acceleration Program (BAP).With this addition, MVP now has 20 companies in its portfolio.
MVP Batch 3 Portfolio:
Companies from earlier batch include Commonfloor, Crederity, Instablogs, DeskAway, Sutra People, Fachak, LifeMojo
Complete press release here
Khelostocks is a portal built around educating and empowering retail investors in India. The product helps budding investors to experience the dynamics of real time stocks trading on a zero cost and zero risk basis. Novice investors can learn the basic of trading and test their trading fundamentals and techniques. Not only this, khelostocks is also an investor community portal that helps investors to network and collaborate to learn from their peers who are at different stages of their learning curve.
The concept might pickup good traction considering the fact that there are people who are actually left with no money to trade 
How does it works?
Every client, on signing up, is provided with virtual one million rupees. Real NSE market data of more than 600 stocks listed on NSE is streamed into the Khelostocks. A user can place buy or sell order on both intraday and delivery basis in the Khelostocks trading systems using the virtual cash provided to him. Order can be placed at both limit and market rates. Now as the price desired by the client is reached in the spot market his outstanding order is materialized and client becomes an owner or seller of the scrip as the case may be. As long as the order remains outstanding in the Khelostocks order book, corresponding buying power is blocked for the client. On buy trade, money is deducted from his cash assets and an initial margin is charged. In case of a sell trade money is credited to his cash assets. Client’s net profit, loss and net assets are updated to his Account summary. Hence the client is playing with real time stock values
and trading techniques but with virtual money.
For more info visit: www.khelostocks.com
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