'Tomato Jos' is a vertically integrated tomato processing company that helps small farmers in Nigeria grow tomatoes that can then be made into tomato paste.

In the business category, 'Booya Fitness' founded by MBA student Pritar Kumar won the runner-up award and a $25,000 cash prize.

The venture is an on-demand video platform featuring workouts created by the industry's best boutique gyms and instructors.

The capstone event of the HBS's expansive offerings in entrepreneurship, this year's competition attracted 150 Harvard MBA candidates as well as students from six other Harvard graduate schools.

In addition, HBS graduates from 17 HBS alumni "hub" clubs worldwide participated in 14 regional competitions.

As part of the finale programme, a member of each venture delivered a 90-second pitch to the audience, leading to an electronic crowd vote.

Over the course of the entire competition, which began last fall, more than 200 judges and mentors took part.

Alumni winners were chosen by an online crowd vote by other HBS graduates around the globe, HBS students, and a panel of judges in three categories most innovative, greatest impact, and best investment.

Read Also: 10 Hot Startups That Deliver Cloud Based Services and Myntra Makes It To The Marketplace With Local-flavored Shopping