Tag Archive for 'start-ups'

Its time to unveil the NASSCOM EMERGE 50 for 2010

Published by Avinash on July 19, 2010 in News/ Events.
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NASSCOM EMERGE 50NASSCOM EMERGE 50 is back – and in a bigger avatar. After the success of last year’s listing, the EMERGE Forum within NASSCOM has begun work in full earnest for the 2010 listing. In addition to last year’s categories of Growth, Markets (non-traditional / domestic), Products, and Services, this year, the categories have been expanded to include the Start-Ups. And in another first, all the 50 companies will be profiled in a booklet to be released by NASSCOM at the EMERGEOUT conclave in New Delhi on August 25 2010.Why the EMERGE 50?

With EMERGE 50, we have a sharp focus – in the process we have been able to spotlight some really good companies, that were hitherto unnoticed. Plus with the level of detail that we go into with each company has helped us build an excellent dataset – covering funding, cash flows, employees, markets and specializations – for over 200 companies. This has really helped us get a sense of trends in this space.

It has indeed been a tough job for the jury members, the Zinnov team and NASSCOM for selecting the 50 emerging/start-up companies.

The Process that we followed

  • Companies were invited to nominate themselves in any of the categories.  We received 200 plus entries this year across  5 categories.
  • Applications were sorted out in different categories (i.e. Growth, Markets, Products, Services, & Start-ups)
  • Companies were evaluated on basic criterions such as revenue growth rates for last 3 years, revenue contribution, average revenue per employee etc. to arrive at the preliminary shortlist of companies in each category
    • Only relevant criterion were put for individual categories.
    • The shortlisted companies were then objectively evaluated (through a mathematical model) on a number of parameters including financials, growth, market differentiator, customers, market visibility, & distribution/ GTM
    • The evaluation on above parameters was used to come up with a net score for individual companies and hence the shortlist of top companies in each category

The EMERGE 50 listing has quickly built credibility as the definitive listing of companies to watch for. With the focus on segment-wide trends and analysis, the 2010 editions promises to be both information and insightful!

Here goes the NASSCOM EMERGE 50 for 2010(in alphabetical order)

Stay tuned for more updates about the companies and for the Top ten companies.

Call for Nominations - NASSCOM Innovation Awards & the 100 IT Innovators…

Published by Avinash on October 30, 2008 in Ecosystem, Ideas & Companies and News/ Events.
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Innovation AwardsSet off in 2004, the NASSCOM Innovation Awards 2008 will mark the fifth edition of the Awards. With several organizations realizing the value of Innovation and actively nurturing it, we are sure that the past year has been one where the Indian IT Industry has broken established precepts with path breaking ideas that have brought value to both its customers and itself. If your organization has been a part of creating value through new ideas and their commercialization, we invite you to share with us what you have created and achieved, so that it can be recognized and shared with a greater set of people and institutions.The award categories this year are

  • Market facing innovation - New technology advancement - Creation of ‘new to the world’ or ‘new to the market’ technology that will help a customer realize value. E.g. Products and solutions for 3G telecom networks, Natural language processing solutions for customer care offerings
  • Market facing innovation - Business model and business process - Services and products that have enabled customer value creation through transformation of business model or business processes or other structural change E.g.Software as a service offering, Design processes and business models for system-on-a-chip hardware
  • Business innovation - Business model and business process - Innovations to company’s own business processes, models, inputs, go-to-market strategies, delivery models etc. to realize significant value to itself. E.g. Extreme programming (XP) or Agile techniques1 for software development, Talent sourcing, training and retention approach and strategies 
  • Start-up
    • Market facing innovation - new technology advancement
    • Market facing innovation - business model and / or business process
    • Business innovation - business model and / or business process

Some of the benefits of participating are:

  • NASSCOM support through suggested partners, providing maximum value to these companies
  • Mentoring, to be offered by industry leaders or someone nominated from the larger players who can spend time with the finalists
  • Extensive coverage in both domestic and global media
  • Participation in trade delegations where these companies will get showcased 
  • Visibility of finalists among NASSCOM’s peer associations in other countries
  • Spotlight on the companies at the annual NASSCOM India Leadership Forum
  • A listing of 100 IT Innovators published on the NASSCOM website at www.nasscom.in/100itinnovators with a detailed profile of your innovation
  • Visibility on NASSCOM’s web site, which will showcase and promote these companies

Finalists for Innovation Awards 2007 are mentioned below:

  • Comat Technologies
  • Financial Technologies India Ltd
  • Mango Technologies Pvt Ltd
  • MediaLab Asia
  • MindTree Consulting
  • Mistral Solutions Pvt. Ltd
  • MeritTrac Services Private Limited
  • Texas Instruments

Hurry up! The last date for nominations is 5th November 2008. You can submit your Innovations online

Start-up Ecosystem : Mobile Monday Bangalore

Published by Lalit on March 13, 2008 in Ecosystem, General and Musings.
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I have been participating in Mobile Monday Bangalore for an year and half now. What started as a few geeks in a cafeteria event is currently a huge community commanding respect from everyone. Today, speakers from all over the world vie to be part of of the community !

But that’s not what I call success, there are plenty of such “eco-systems” currently mushrooming in India.
What I like the most about Momo Bangalore is that it has still managed to retain it’s original form as a “By Entrepreneurs for entrepreneurs” organization.

Lot of the credit for that is due to the organizers. They have remained the very friendly and easily approachable face of Momo Bangalore throughout all it’s transitions.

Let me just talk about ourselves. We at Mobisy started as just another start-up with an idea around a year back.
Getting any attention or help in any other “eco-system” was proving a tough task. Momo Bangalore acted like a true “Mentor” to us. Right from finding information regarding standard start-up processes to getting a demo arranged, networking with VCs, Partners, Customers… We were offered help at every single step. All that with a smile and no cost ! How many organizations can claim to provide such a level of altruistic service to budding start-ups in India?

In my personal opinion, we need many such organizations to spur on real innovations here.

May the ‘Momo Bangalore’ spirit live on.

Disclaimer:- I am just a participant in Mobile Monday Bangalore and have no vested interests whatsoever with it ! Opinions expressed here are completely personal.