Analytical app developer Nanobi wins Microsoft BizSpark India Startup Challenge 2013

Bangalore-based Nanobi Data and Analytics Pvt Ltd, a startup which develops analytical solutions for enterprises, has won the Microsoft BizSpark India Startup Challenge 2013, a platform to identify and promote startups operating in the mobile as well as cloud computing verticals.

Delhi-based Threadsol Software Pvt Ltd, which provides cloud-based material planning and optimisation software called intellocut for sewn product industry, won the first runner-up title. Mumbai-based Truetech Solutions Pvt Ltd, which provides cloud-based solutions for education institutions, financial services firms among others, has bagged the second runner-up title for its separate gesture-based technology product.

The Microsoft BizSpark India Startup Challenge 2013 is the culmination of regional startup events held across 10 cities in India in the last few weeks. BizSpark partnered with key entrepreneurial hubs across the country and organised regional finals in 10 cities—Hyderabad, Kolkata, Cochin, New Delhi, Pune, Chennai, Ahmedabad, Mumbai, Coimbatore and Bangalore. The winners in each region won product prizes as well as cash prizes worth $4,000, $2,000 and $1,000, respectively, for the winner and first and second runners up, to boost their business plans.

"This year, the Microsoft BizSpark India Startup Challenge saw more startups compete. The variety and quality of startups have been fantastic. We believe that the startup ecosystem in India is well," said Rajnish Menon, director – independent software vendor (ISV) and cloud strategy at Microsoft India.

"We want to use the prize money to achieve our business goals and strategies and to help us go global," said Mahesh Ramakrishnan, CEO and MD at Nanobi Analytics.

(Edited by Joby Puthuparampil Johnson)

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