Alok just informed me that winners of the TiE-Canaan Entrepreneurship challenge have been announced. The winners are 6 Dee, Vegayan, and Infozech. Heartiest congratulations to all the winners and the other finalists as well! I hope they will take some time out to tell the Venturewoods community more about their ventures!
Update: Redherring has a more detailed article on the winners. Congratulations!
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CONGRATS A LOT !!! MAY WE SEE MORE SUCH THINGS IN 2007.
Cheers !!
6d entered with their new business concept around enabling mobile based money transfer solutions. Infozech for its existing line of business, but for a new product offering,
Thanks to all the participants — the overall response to the challenge was very encouraging!
Rohit,
The event was indeed meant for nuturing new ideas, but those can come from within existing companies. I was at the Challenge and from what I know these people are trying new products and models within their companies. Besides, venture capital is not just for seed funding, but can also be for growth.
I read the article. I am a bit surprised. Infozech was founded in 99 and 6 Dee in 2002. Only Vegayan seems to be a real startup – founded this year. I thought this event was meant for nurturing new ideas and companies.