Analytical apps company
Nanobi Analytics has won the Microsoft BizSpark India Startup Challenge 2013. The Bangalore-based company beat 100 start-ups to achieve the award, which helps Indian start-up entrepreneurs grow and improve their businesses by "fast-tracking" their activity and providing business development, technical training, and software support.
10 regional finals took place across India (in Hyderabad, Kolkata, Cochin, New Delhi, Pune, Chennai, Ahmedabad, Mumbai, Coimbatore and Bangalore) before the winners were announced at an awards ceremony held in Bangalore, India. The company received $4,000 in cash, a Dell Latitude 10 tablet, XBOX 360 and a unique branding package. First and second runners-up IntelloCut and Trutech Webs Pvt Ltd. received cash prizes of $2,000 and $1,000 respectively.
"We are delighted to win the Microsoft BizSpark Challenge," explained Nanobi Analytics' CEO and Managing Director, Mahesh Ramakrishnan. "This gives us access to a mentor network that will help us leverage the business for our go-to market strategies, addressing the analytical needs of small and medium businesses in India for the next 6 months. We want to use the prize money to help us achieve our business goals and strategize, to help us go global."
"The fact that the Microsoft BizSpark India Startup Challenge this year has seen more startups compete, and that the variety and quality of startups has been fantastic, our belief that the startup ecosystem in India is well and thriving is validated," added Microsoft India's Director - Independent Software Vendor (ISV) and Cloud Strategy, Rajinish Menon. "This next generation of entrepreneurs who are creating smart solutions for the changing needs of today only needs recognition and initial support to thrive - and we are committed to providing that along with our BizSpark network partners."
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