Archive for the ‘Hot Startup’ Category

MIT Tech Review’s TR35 awards: Five Bangalore innovators in the list

Monday, March 12th, 2012

Bangalore. March 12, 2012:

MIT Tech Review TR35

Technology Review is published by the Cambridge, USA based Massachusetts Institute of Technology (MIT). TR 35, is an annual list honoring innovators under 35 who are tackling important problems in transformative ways.

Bangalore’s Anirudh Sharma, 24, who designed a shoe that guides the visually impaired to the direction they need to go, has been named Indian Innovator of the Year under the age of 35 by the MIT (Massachusetts Institute of Technology) Technology Review.

Sharma was among five from Bangalore in this year’s list of 20 innovators, the largest number from any city, once again highlighting Bangalore’s strength in technology innovation. The others are Shirish Goyal, 27, Vikas Malpani, 28, Sumeet Yamdagni, 29, and Animesh Nandi, 33.

BREAKPROOF TECHNIQUE

Sharma’s solution, called Le Chal can be fitted on any shoe, and includes a circuit board in the heel and vibrators on each side of the shoe. It’s waterproof and breakproof. The user begins by speaking the destination on Google Maps, using an app running on an Android smart phone. A proximity sensor in the front of the shoe also alerts the user to obstacles it can detect up to 10 ft away.
Sharma works for HP Labs in human-computer interaction.Asked about the award, Sharma said it should bring more attention to the product. “We need a lot of money for the project, and there’s a long way to go before we can commercialize it,” he told STOI.

Shirish Goyal, a computer science graduate from Amritsar, came to Bangalore in 2010 to work in Accenture Technology Labs. He then went on to found LinkSmart Technologies which developed a tamper detection and originality verification solution. The technology is delivered in the form of labels and specialized scanners. Once the label is applied on a product, the scanner can detect if the product has been opened or tampered with.

Vikas Malpani helped develop an online portal called commonfloor.com that addresses a user’s complete residential requirements, such as searching for an apartment, facilitating interactions within an apartment community, and connecting to relevant service providers. According to Vikas, “I am very happy that our efforts at CommonFloor have been recognized by MIT Technology Review. Today, living in an apartment can become difficult without the right access to information and services. We believed that, given the spurt in huge residential communities in our cities coupled with a heavy migrant population, a unified platform for residents and associations was imperative. This led us to create CommonFloor.com”.

PERSONALIZED TOUCH Sumeet Yamdagni developed an optical sensing technology to monitor the health of structures. Sensors detect strain and temperature, and can be used to monitor the health of structures as varying as bridges and aircraft. Animesh Nandi, who works at Alcatel-Lucent’s Bell Labs India, has been recognized for work that enables users to avail personalized services without having to reveal sensitive profile information to the content or service providers.

Website of the Year India award – 2011

Tuesday, December 20th, 2011

Website of the year 264 websites were nominated over 22 categories. More than 15,000 votes were cast between the 14th October and the 21st November.

The following websites are the winners of the 2011 Website of the Year India award:

 

Most Popular
Best Website
Automotive Car Dekho The Automotive India
Career Naukri.com TimesJobs.com
Communities WAYN.COM Facebook
Dating Shaadi.com IndianDating.com
Educational IGNOU W3Schools
Entertainment YouTube YouTube
Finance State Bank of India moneycontrol.com
Games ibibo Free Online Games
Health & Well being Yahoo! Health Health.com
Charities UNICEF Save the Children
Housing & Interior MagicBricks CommonFloor.com
News & Information Yahoo! News The Hindu
Government Indian Railway Indian Railway
Leisure & Travel TravelTriangle TravelTriangle
Shopping eBay Flipkart.com
Sports ESPN Cricinfo ESPN Cricinfo
Telecom airtel Skype
TV & Radio NDTV BBC World
Comparison naaptol naaptol
Weather & Traffic Google Maps Google Maps
Search & Find Google Google
Mobile Websites Facebook Mobile Samsung India Mobile

The Website of the Year India award is the online people’s choice award initiative by online research agency MetrixLab. Click here for the complete news

Businessworld Young Entrepreneurs Award Shortlist

Monday, February 21st, 2011

25 companies have been screened and shortlisted by a panel of venture capitalists in the selection process of the Businessworld Young Entrepreneurs Awards 2011.

Category A: Companies that are at least 2 years old and less than 5 years old
Aspiring Minds, Delhi
Anjaneya Lifecare, Mumbai
Clickindia, Delhi
Cocubes, Chandigarh
Commonfloor, Bangalore
Desicrew, Chennai
Gridbots, Ahmedabad
Kwench, Mumbai
Minimac Solutions, Pune
P2Power Solutions, Noida
SEED, Gurgaon
Techbuddy Consulting, Mumbai
The Hiring Tool, Hyderabad
TouchMagix, Pune
Wirkle Technologies, Delhi

Category B: Companies that are less than 2 years old
ArrayShield, Chennai
AliveNow, Bangalore
Engage4More, Mumbai
Eko, Delhi
GreenwayGrameen, Mumbai
MobStac, Bangalore
Phyzok Learning, Coimbatore
Tatsam Sports, Delhi
Valuefy Consultants, Mumbai
Witcraft Marketing, Delhi

Two independent juries will meet in Mumbai next week to evaluate the shortlisted companies and pick the winners in each category. Five companies will be picked as winners in Category A and three in Category B.

Hottest startups from Bangalore

Wednesday, December 29th, 2010

Bangalore is known as India’s Silicon Valley.

* InMobi (2nd largest mobile Ad Network the world)
* Flipkart (Indian Amazon)
* Redbus (Online bus booking)
* Grabbon (bought by snapdeal) and Taggle (group buying)
* CloudMagic (improves gmail search)
* AllGo Systems (conceptualised a $35 tablet.. possibly the Indian govt one)
* Notion Ink (developing Adam tablet has shifted their base to Bannerghatta Road
* Myntra (print tshirts/mugs on-demand)
* HealthCareMagic.com (Ask a doctor)
* IonLabs (innovative products like cointracker)
* MustSeeIndia.com (Travel website)
* Crederity.com ( Online Identity verification)
* Minglebox.com ( Career Site)
* HolidayIQ.com ( Holiday Reviews Site)
* Commonfloor.com ( Apartments networking site)
* Althea Systems (the company behind shufflr.tv — making videos more social)
* Hidden Reflex (Built Epic Browser, the first truly Indian browser)
* AskLaila (local search)
* TringMe (VoIP)
* NGPay (mobile payments)
* GoVasool (local shopping)
* http://revu.in/ check-in and review via SMS
* http://mobstac.com/ Create better mobile version of your website
* http://oobi.in/ Interactive design solutions
* http://taggle.com Group buying

Complete discussion here

iWeekend Bangalore 12-14th March 2010

Monday, March 15th, 2010

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 buys Mango Tech Products: Ojas Exits

Thursday, February 4th, 2010

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/

The Entrepreneurship Summit 2010 by Ecell, IIT Bombay

Tuesday, February 2nd, 2010

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 software application to manage personal finance

Wednesday, January 13th, 2010

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 – Word Power Made Easy

Sunday, January 3rd, 2010

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.

Indian Regional League for Basketball and Volleyball

Saturday, November 7th, 2009

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)