Best in Class to Decide India’s Best Startups

THE BIG DAY High-powered jury meets in Delhi on Saturday to pick winners of the first edition of Jio Economic Times Startup Awards
The countdown to the biggest and best startup awards in India has begun. On Saturday, August 8, a high-powered jury will meet in Delhi to choose the winners of the first edition of the Jio Economic Times Startup Awards, the culmination of months of effort and excitement.From today until Friday, ET will take the wraps off the contenders who have made it to the shortlist of five from which the awards jury will make its selection. Every day, ET will unveil the shortlist in two categories; today it is the turn of Bootstrap Champ (those who have built a startup without outside funding) and Top Innovator. ET has been the leader and trendsetter in startup coverage, recognising earlier than anybody else that what we are wit nessing is a phenomenon that could change India forever. People, young and old, with no more than an idea in their heads, believe they can disrupt the existing order and create something better. It is possible to dream big, and make big dreams come true.The awards are a reflection of our commitment to celebrating not just entrepreneurial achievement but also the idea that human endeavour makes everything possible.

ET was deluged with applications right from the day we threw open the awards on June 12. Our aim has been to make the process fair, transparent and reflective of the diversity of the startup space. Only companies set up on or after January 1, 2009, were considered. This meant that several top-notch startups missed qualifying by a whisker.We worked with technology consultancy Zinnov as our knowledge partner, and software products think tank iSPIRT helped curate the list for the Bootstrap Champ category .

Some 3,700 applications were received in a little over a week across the eight categories in which the winners are being chosen. The quality of applications was of a very high order, and reflective of the vibrancy and depth of talent among entrepreneurs and employees. The eight categories capture the breadth of startup activity in India -other than the two mentioned above, there are awards saluting students, women, investors, social entrepreneurs and those bouncing back from failure. Of course, the biggest of them all is the Startup of the Year award.

The entries were ranked on the basis of a set of parameters, including the disruptive potential of the business, the quality of the founding team, extent of investor backing and growth traction. The top editors of the paper held several sessions to winnow down the long list to a shortlist of five.

The jury that will pick the winners comprises the best achievers in Indian entrepreneurship, making this award extra special because it confers recognition by the best among peers. The jury will be chaired by Nikesh Arora of SoftBank and includes Kunal Bahl of Snapdeal, Meena Ganesh of GrowthStory, Rohan Murty of Catamaran Ventures, Rishad Premji of Wipro, Sharad Sharma of iSPIRT, VG Siddhartha of Café Coffee Day and Satyan Gajwani of Times Internet.

Join in the excitement and say three cheers to Indian entrepreneurship.

Source: The Economic Times
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Author:

Neeraj; an entrepreneur & a visionary in the field of Railway, Defense & Automobiles, is a graduate in commerce and a Harvard Business School Alumni. He’s an expert in govt. liasoning & contracting and has an exceptional network & connections at both local as well as global level. He’s an expert in Market Strategy & Planning and has served number of overseas companies as an advisor/consultant. He takes a profound interest in upcoming startups & is very receptive towards ground-breaking ideas & innovations. He likes to brainstorm those ideas and if the values & philosophies matches; he is even ready to invest his resources, serve as a mentor or act as an incubator to futuristic businesses.

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