Monday 31 December 2007

They stand out for the products or services offered, founder credentials and new business models

By Live Mint, Dec 31 2007
Namitha Jagadeesh
Description:Anantara Solutions Pvt. Ltd offers “second generation outsourcing” solutions, which combines IT services with business consulting. Founder G.B. Prabhat was earlier instrumental in building a business platform at Satyam Computer Services Ltd that had earned the company $200 million in revenue at the time he quit. The Chennai-based start-up was short listed for Nasscom’s 100 IT Innovators 2007.

8. Tyroo Media Pvt. Ltd
Founder(s): Harish Bahl, Manish Vij, C.P. Singh, Aditya Khanna
Space: Online advertising
Funding: Undisclosed investment by Yahoo Inc.
Description:Tyroo Media Pvt. Ltd is an online advertising network that uses proprietary targeting technology to ensure advertisers reach out to the right websites from its inventory of publishers. Internet company Yahoo picked up at least 35% stake in Tyroo for an undisclosed amount in July 2007. Incubated by Delhi-based digital media company Smile Interactive Technologies Group, Tyroo was shortlisted for the second edition of Proto.

9. Mango Technologies Pvt. Ltd
Founder(s): Sunil Maheshwari, Lekh Joshi
Space: Mobile applications platforms
Funding: Self funded
Description:Mango Technologies Pvt. Ltd develops mobile platforms to enhance user experience on low-end handsets. Incubated at NSRCEL on the IIM, Bangalore campus. Works with handset and chipset manufacturers to build platforms that allow rich media applications on a light framework. It was shortlisted for Nasscom’s 100 IT Innovators 2007 and showcased its product at mobile demo event MoDeMo in December.

10. Zoho (AdventNet Inc.)
Founder(s): Sridhar Vembu and Tony Thomas
Space: Online Web applications
Funding: Self-funded
Description: Zoho showcased its product at DEMO this year. It offers a number of online office tools such as word processor, project management software and CRM solutions. It competes with Microsoft and Google Inc. Software product development is done out of Chennai.