16th TiE Lumis Entrepreneurial Excellence Awards: Honoring those who have demonstrated resilience in the face of economic challenges, maintaining a clear long-term vision and strategy for success.
As we usher in the 16th year of the TiE Lumis Entrepreneurial Excellence Awards, we stand at a pivotal moment in the Indian startup ecosystem. The past year's challenges, marked by high-interest rates and cautious investment strategies, are giving way to a more optimistic outlook for 2024. Venture capitalists are now renewing their focus on early-to-growth-stage startups, indicating a significant shift in the investment landscape. This positive change is driven by more reasonable valuations and a renewed emphasis on solid business fundamentals over-inflated valuations.
In light of these developments, the TiE Lumis Awards this year will celebrate the resilience and adaptability of startups that have not only navigated the funding winter but are now poised to thrive in this reinvigorated environment. We aim to honor those innovative enterprises that have shown exceptional prudence and agility, restructuring their business models towards sustainability and profitability. These are the startups that have shifted focus from mere fundraising to achieving strong unit economics and attracting global investor confidence.
Key benefits include:
Applications for Excellence Awards 2019 are now open. Kindly fill your entry HERE
Applicants can register themselves on the portal by filling an online form. The last date for submission of the form will be Sunday 6th October 2019
The jury will subject the applications to the first level of screening. The selected 20 applications will be declared on Friday 11th October 2019
A virtual BootCamp will be organised in between TBC.
The 20 semi-finalists will have a Tele interview with Jury – 17th, 18, 21st & 22nd October. The semi-finalists will be assessed further based on competitive advantage, execution strategy, management and financial viability.
Jury will select the top 5 entries as finalists. The announcement will be done on 30th October 2019.
The finalists will give a 10 minute presentation of their business plan to the audience at TiE Global Summit in New Delhi on 14th November 2019
Winners will be announced on 14th November 2019 at TiEcon Summit, New Delhi.
OYO Rooms is a marketplace of branded budget hotels where we deliver standardized rooms starting at 999 per night for users and owners make 80% plus load factor. Marketplace for Standardized Rooms starting at INR 999 per night. Started by Ritesh Agarwal at the age of 18, Thiel Fellow OYO Rooms is the fastest-growing branded network of budget hotels. Founded in 2013, OYO Rooms is backed by Lightspeed Ventures, Sequoia Capital and Green Oaks Capital. OYO Rooms has more than 350 hotels under its brand.
OYO has grown from a single 11-room hotel (OYO Rooms Huda City Center) in Gurgaon in May 2013 to 4000+ rooms across 350+ hotels in Delhi, Goa, Gurgaon, Mumbai, Bangalore, Chennai, Hyderabad,Noida, Jaipur, Manesar, Jalandhar, Ghaziabad, Varanasi, Ahmedabad, Neemrana, Chandigarh, Kolkata,Tirupati, Pune, OYO Rooms aims to become the largest hotel network in the world.
WebEngage is an on-site customer engagement toolkit. Globally, over 21,000 online businesses use us to improve their online conversions. WebEngage is a self serve SaaS product which makes clickstream data actionable. A large part of online marketing revolves around getting visitors on to the website. Marketing teams have very little control on what all can they do with prospects once they are ON the website, in real-time primarily because everything they want to do on the site has a development team or IT dependency. That's where WebEngage chips in. We are helping online marketers and product teams engage with visitors on their site, in real-time, without changing any code on their site.
The most powerful on-site customer engagement suite for your website that lets you collect Feedback, gather customer insights using hyper targeted Surveys and drive sales/conversions via push Notifications.
The Beer Cafe is India's largest beer chain, the only cafe in India with a range of 50 different varieties of Beer from across 17 countries in the world.
THE BEER CAFE has successfully managed to bring amassive change in beer culture in India. Diverging from the quintessential concept of dimly lit watering holes, where enjoying a drink or two meant gulping down the regular varieties of beers, rums and vodkas, The Beer Cafe goes out of the conventional to introduce a concept that goes beyond simply drinking beer. As an ideal setting for a business meeting or as a cool hangout spot for a light evening with friends, The Beer Cafe, with its numerous outlets across India is fast becoming a hot favorite with the city's youth who are seeking to have a good time! A first of its kind, THE BEER CAFE blends Beer, cheer and Self Service together. The Beer Cafe is India's largest beer chain, the only cafe in India with a range of 50 different varieties of Beer from across 17 countries in the world.
THE BEER CAFE is India's newest concept in food service segment - meeting all the needs of the young adult consumers to find a friendly neighborhood place that allows them to meet friends over a pint and enjoy some cheer!! A first of its kind, THE BEER CAFE blends Beer, cheer and Self Service together.
MyDentist, the operative brand name for the company 'Total Dental Care Pvt Ltd (TDCPL), was incorporated in 2010. MyDentist offers high quality yet affordable dental care services maintaining the highest levels of sterilization & hygiene.
As of August 2013, MyDentist has 50 clinics across Mumbai and Pune and has a team of 550 employees inclusive of 250 doctors.In two years it has served over 1,50,000 patients making it the largest dental care chains in India. MyDentist services are based on the premise of providing efficient dental care services at an affordable and standard rate. It aims to take dental care to the non affluent strata of society by offering high quality treatment at reasonable rates. MyDentist, on an average, services 10,000 patient in a month, which contributes to its economies of scale .
Mydentist is a VC funded companies with the ownership help by promoters Vikram Vora and Parth Vora, Seedfund and Asian Healthcare Fund.
Zenga TV is a digital video service which has Live TV channels (Indian and international), Movies, Shows and Music. Zenga are pioneers on mobile for being able to stream on low bandwidth as low as 20 Kbps, with smooth and continues streaming. We are a operator, operating system, and device agnostic service, all the user has to do is go to m.zengatv.com for mobile or zengatv.com for web. They are the only profitable company during 2010 -13 period in this space and have 65% of the market share, consisting of 22 million unique users who generate more then 300 Million video views. We haven't raised any investment yet and growing more then 200% year on year for last 4 years.
Knowlarity is the pioneer of cloud telephony in India. The company provides a distributed and extensible telephony platform that utilizes and combines the calling capacity of each cluster on demand to serve high volume requirements for its telephony products or services. Knowlarity started in early 2009 with a vision to enable SMEs in India with productivity telephony solutions. Knowlarity is focused to deliver simple and useful telephony products that help businesses to improve their bottom-line. A Sequoia funded company, Knowlarity is proud to be the first in India to deploy a cloud based telephony platform. This end-to-end platform has been developed in-house using open source technologies. In a very short period of time Knowlarity achieved high growth from a garage startup to a 200+ people company with multi-crore revenue. The success has come through the focused leadership and exceptional contribution from each and every single employee.The company is now looking beyond the geographical boundaries to foray into developed markets as well.
Skanray Technologies is a leading international medical equipment manufacturing Company based in Mysore, India. Skanray is specialized in High Frequency X-Ray Imaging Systems, Critical Care Devices and Primary Healthcare & Telemedicine compatible devices.
The company's vision is to aid Primary Healthcare with products of International quality and performance at an affordable level to the rural population of the world. Skanray does that by combining the latest in technology with simplicity of design, innovation and high performance for efficient patient care. Skanray's products are designed to comply with international quality & safety standards such as UL, CE, FDA, ISO 13485, ISO 9001 and AERB.
At Skanray, 'Nothing is Opaque'. Not only does Skanray's products enable diagnosis and measurement of human anatomy and vital signs, the company is also governed by its philosophy of 'transparency' in all its transactions with its customers, investors, suppliers and business associates.
Good quality healthcare services are one of the most important requirements in India. However, there has been a complete lack of focus on preventive health care in India with less than 2% of the population focusing on it. IHO's aim is to build the biggest network of high quality doctors in India who are easily accessible and are far more affordable to the general population.
IHO is a part of Aetna Inc, a leading diversified healthcare benefits company serving more than 35 million customers across the world with information and resources to help them make better informed healthcare decisions.
IHO is an organisation formed for the cause of making high quality healthcare more affordable in India IDA (Indian Dental Association) has partnered & collaborated with IHO. Both organisations have come together to work towards the cause of promoting preventive health care within India IHO provides certification to high-quality medical practitioners, based on strict empanelment criteria designed by senior members of the medical fraternity. As a first step, IHO has launched Preventive Healthcare Plan – a first of its kind benefit in India.
Simplilearn is a leading provider of a suite of professional certification courses that address unique learning needs of working professionals. We've trained over 50,000 aspirants across 145+ countries, including those from the world's leading Fortune 500 companies.
Our aim is to provide the best training to working professionals and prepare them towards achievement of their certification goal. Our blended training model (Classroom Online) makes it easy for professionals to prepare for various project management certification exams.
We offer certification courses in Project Management, IT Services Management, IT Security Management, Quality Management, Financial Management, and Technonology Certification.
We impact the career of students. Our vision is to ensure that every student from across the country gets an equal opportunity to build a career. We achieve this by using technology to bring every one of the 26,000+ colleges in the country to build an authenticated talent pool of students. We help companies engage and hire authenticated students from campus and colleges to manage placements and increase both employment and employability of their students. The word CoCubes comes from the first two alphabets of the words 'Connecting Colleges Companies'. We are the visionaries of this space with a strong growth trajectory and an exciting firm to be with!
Capillary Technologies is a leading provider of cloud-based software solutions that help retailers to intelligently engage with customers through mobile, social and in-store channels. Capillary's cloud-based platform powers end-to-end customer engagement, clienteling, loyalty and social CRM solutions for more than 100 major brands across 10,000 stores bringing instant shopper gratification to over 50 million consumers across South East Asia, Greater China, the Middle East, South Africa, India, the United Kingdom and the United States. Capillary's customers include industry leaders such as Pizza Hut, Puma, United Colors of Benetton, Mothercare, Robinson's, Store21, Sunglass Hut and Nike.
Capillary's patent pending cloud platform integrates everything that retail marketers and operators require to engage with their customers, weaving social and mobile experiences into virtually any point of sale device, from legacy terminals to the latest POS devices and mobile tablets. Capillary's suite of Intelligent Customer Engagementâ„¢ solutions offers real-time, high quality data capture, actionable analytics, instant cross-sell solutions and instant shopper gratification to generate significant ROI within weeks of implementation.
Innoz is changing the way India and the rest of the developing world accesses and uses the Internet. We are a young and innovative startup that creates products for the mobile and wireless market.
Our secret sauce is our team which is young, dynamic and growing, and we're backed by experts and thought leaders who have experience in building some of the most exciting businesses and Fortune 500 companies in the world.
Canvera is an online photography company providing mass customized printed products and e-commerce solutions to professional photographers. The team is comprised of professionals with vast experience in Digital Imaging, Internet Technologies, Marketing & Manufacturing that have previously worked in nearly every corner of the world. The team has come together with a singular passion to create one of the world's best Digital Imaging products and services companies.
B2R Technologies Pvt. Ltd.(B2R - Business 2 Rural) as a rural BPO organization, envisions delivery of business value together with social value, by way of setting up clusters of rural BPO service delivery centers to provide business support services to global clients. The core team has significant BPO experience in key focus verticals (like Banking, Financial Services, Insurance, Publishing & Internet) having migrated and delivered processes from international clients for key operational processes. Our business model intrinsically addresses many key challenges faced in the urban context and aims to offer a low-cost, best-in-class service delivery footprint to cater to the out-sourcing needs of Indian businesses.
We currently have five service delivery centers, running at their planned capacity of 50 seats each, all in Distt. Nainital in Uttarakhand. Plans are underway to get 6 more centres operational in the year 2012-2013. The goal is to set up 70 such centers employing more than 6000 youth over the next 5 years.
iXiGO is a global travel search engine. We search 150+ travel sites to find the best flight, hotel deals. Our mission: to aggregate travel information and make it searchable and useful. Our passion: technology that brings speed, usability and transparency to the travel world.
iXiGO is an infomediary, not an intermediary. That means we are NOT an online travel agency. We let you search directly across multiple airlines, hotels, buses, trains and online travel agencies in real-time so that you don't need to search a zillion travel websites. We thus aim to make your travel search easier for you, the same way Google does for information on websites.
We do not bias our results, simply because we show you the prices from other travel sites. You can pick and choose the most suitable option for you and redirect & book directly on the travel site that suits your criteria.
inTarvo Technologies Limited (formerly known as RT Outsourcing Services Limited) is India's leading provider of Integrated Lifecycle Management (ILM) support services for Technology Products for Original Equipment Manufacturers, EMS Companies, Distributors, Large Corporation and Retail Chains. 'inTarvo stands for our core ideology of Delivering Value (inT+arvo=Integration + Value).
As leaders in ILM services we cover end-to-end services like Technical Helpdesk, Installation & Commissioning, Repair & Refurbishment, E-Waste recycling etc. with experience of more than 15 years with 2,500+ technical experts in 150+ cities covering 400+ service centers. Sonoma Management Partners, is one of our promoting company.
Guided by the vision of "Transforming Lives", the VLCC Group seeks to urge self transformation, spread happiness and imbibe every individual with wellness for life. These three mantras have been the pillars of strength for the Company since it was founded by Mrs. Vandana Luthra in 1989. Till date they remain the firm foundation upon which the company continues to build its success story.
By redefining wellness, VLCC has revolutionized the wellness industry to acquire the status of being the Number 1 Wellness Brand in South Asia & Middle East, with a presence of 300 locations across 109 cities in 9 countries namely India, UAE, Oman, Bahrain, Qatar, Kuwait, Sri Lanka, Bangladesh and Nepal.
VLCC is widely recognized for its scientific weight loss solutions and its therapeutic approach to beauty treatments. With a staff strength of nearly 6000, over two-third of whom are experienced specialists including medical doctors, nutritionists, psychologists, cosmetologists and physiotherapists and having served over 10 million customers since its inception, VLCC is the largest and most-preferred brand in the Wellness domain in the countries it operates in.
Nurtured from the seed of a single great idea - to empower the traveller - MakeMyTrip went on to pioneer the entire online travel industry in India. MakeMyTrip has revolutionised the travel industry over the years. This is the story of MakeMyTrip, India's Online Travel Leader.
MakeMyTrip.com, India's leading online travel company was founded in the year 2000 by Deep Kalra. Created to empower the Indian traveller with instant booking and comprehensive choices, the company began its journey in the US-India travel market. It aimed to offer a range of best-value products and services along with cutting-edge technology and dedicated round-the-clock customer support.
After consolidating its position in the market as a brand recognised for its reliability and transparency, MakeMyTrip followed its success in the US by launching its India operations in 2005.
The Delhi-NCR Chapter of TiE, one of the biggest and most vibrant of the TiE chapters, has unique significance. It seeks to engage not only with entrepreneurs but also with policy makers, in order to foster the spirit of entrepreneurship. It seeks to become the bridge that would connect Indian government and industry with successful Indian entrepreneurs across the world, many of whom are regarded as thought leaders.
The Delhi-NCR Chapter is among the largest and most vibrant across the vast TiE network. In the last 10 years, it has emerged as the forum of choice for startups, serial entrepreneurs, VC and angel investors, policy makers and academia. At the heart of the entrepreneurial ecosystem, TiE Delhi-NCR plays the role of an ecosystem builder by bringing in multiple stakeholders and values to align with the common goal to foster entrepreneurship.
TiE Delhi-NCR conducts over 50 events every year covering aspects of entrepreneurship like funding and finance, marketing and sales, expanding into new geographies and business and organization management.
Lumis Partners is a private equity fund focused on investing in business services companies leveraging technology and global operations to grow and succeed. Lumis' leadership team takes pride in its roots which are deep in Industrial rigor & discipline to manage domain-rich, technology leveraged, service businesses.
Lumis has a rigorous and disciplined investment philosophy, as well as an intense focus on operational participation. Our operating experience and global resource network allows us to attract and infuse superior management teams with significant operating expertise which further supports the success of our equity investments. Whether it is managing growth and scaling up, or strategic focus and product offering transformation, or operating process excellence, our investments benefit from a core team of industry established professionals, and an extensive network of senior executives and specialists with a track record of having delivered exceptional value in similar situations in the past.
We are an Operating Private Equity Fund with specific focus on few sectors where we go deep in, with multiple investments, to create a strong eco-system, and to unlock value in a fragmented value chain. We partner with strong teams to assemble the key competencies necessary for success while our strategic & operational participation forms the basis for a sustainable growth journey.
Lumis is an entrepreneurial firm made up of highly accomplished professionals, who came together to deploy extensive operational and transformational experience. The Firm has been successful in assembling talent that is disproportionate to its current size with large operational leverage.
Lumis' leadership team takes pride in its roots which are deep in Industrial rigor & discipline to manage domain-rich, technology leveraged, service businesses. The Firm deploys best in class Operational, Financial and People Management skills and best practices to sub-$250MN businesses
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