18 Indian Founded Companies in TiE50 2011 Winners
Date: Monday , June 06, 2011
The Indus Entrepreneurs (TiE) Silicon Valley chapter announced the winners of the TiE50 2011 Awards, of which 18 companies are Indian founded. The awards were presented at TiEcon 2011 at the Santa Clara Convention Center in California. The awards were for the most innovative startups of 2011 in five hot sectors: Internet/Social Networking, Software/Cloud Computing, Life Sciences, Wireless/Mobile and Energy/Cleantech, each sector had 10 winners. These 50 companies emerged victorious competing against 291 finalists which were shortlisted from about 1600 nominations.
“The TiE50 represent the best in entrepreneurship - risk-taking yet pragmatic, visionary but market-aware, and a passion to be the best,” according to Vish Mishra, President of TiE Silicon Valley. “We hold up these companies as role models for any enterprise, big or small, established or being incubated, which aspires to success in a dynamic and demanding marketplace,” he added. Six Indian founded companies won the award in the Wireless/Mobile sector thus making this the sector the strong hold of Indian startups and Life Sciences is the only sector where Indian founded companies failed to register a win.
The Indian founded companies which won the prize include: Deeya Energy, Oorja Protonics, Seeo, Soladigm, Virident, Claritics, Apptio, Glassbeam, Gluster, OrangeScape Technologies, Mobifusion, Sokikom, Avnera Corporation, Cinemacraft, Luna Ergonomic