TechSparks 2010 has shown us how there are a huge number of innovations taking place in innovative product technology
In a bid to encourage entrepreneurship and innovation in the field of product technology and innovation, Microsoft BizSpark and Canaan partners came together to organize a one of a kind pan-India competition for product technology startup ventures, called Microsoft Cannan TechSparks 2010. The flagship event of yourstory.in was covered along with DARE acting as print media partner. Microsoft Cannan TechSparks 2010 was a resounding success with over 200 participants from all over the country fighting it out to prove their worth. The search for the best product tech came to an end this August 13, 2010 with 5 winners being chosen by the distinguished panel out of the shortlisted 18. The top five winners were Pellucid Networks, ArrayShield, Vmukti Solutions Pvt. Ltd., Sporting Minds Technology Private Limited and Icreate. The event basically focused on software products, mobile products, cloud computing and Web 2.0. They were awarded with customized solutions to meet their growth, handle challenges in getting funding and marketing support and in the process attain nation wide visibility.
 |
This event was held to identify such innovations so that they can bridge the huge gap between entrepreneurs in the product tech space and the Investor community. Shradha Sharma, founder of Yourstory.in said this event hoped to bring them under one roof taking into consideration that it takes a lot of capital and time for these start-ups to go ahead with their ventures. It would act as a ‘launchpad for the talented entrepreneurs’. Yourstory.in is an online platform through which entrepreneurs can improve their visibility and develop their networks in the market.
The assessment was carried out using an assessment tool called G/Score. It is a standardized, scalable methodology used for assessing the team and its' how it executes itself along with determining its commercial viability. The competitors were judged on whether they have defensible technologies which can leverage Microsoft technologies so as to create an impact in the market place, whether they are viable in terms of market opportunity and competition and whether their product is going to be relevant in the IT landscape.
A panel discussion was carried out on ‘Product Technology: Investment, Opportunities and Challenges which included Charles Assisi, executive editor, Forbes India; Shereen Bhan, executive editor, CNBC TV 18; Alok Mittal, MD, Canaan Partners; Girish Joshi, Technology Advisor, MS BizSpark India, Shailendra Singh, Managing Director, Sequoia Capital India; Ravindran Govindan, Executive Chairman, Mercatus Capital, Singapore, Ravi Bharadwaj, GM Marketing, DEll; and Prakash C V, Founder and CEO, Gradatim IT Ventures.
Subscribe to this comment's feed
| < Prev | Next > |
|---|
