TechHub and UK Trade & Investment (UKTI) have announced the winners of the GREAT Tech Rocketships Initiative 2015. The initiative was a UKTI activity run in partnership with TechHub and supported by Ispirt with partnership from UKIBC, Indian Angel Network and other Tier I Investors.
This ambitious initiative was launched on 20th January 2015 with a global call for ideas and submissions from entrepreneurs who want to change the world, aimed at impressive emerging companies with ideas in India, the UK and around the world that have the potential to be fast growing “Rocketships”.
The initiative was run across 5 cities (Bangalore, Chennai, Pune, Hyderabad and New Delhi) in the format of a demo night where the companies who participated/registered were shortlisted and invited to present their idea/technology at the demo Nights in each of the cities. A total of 289 applications were received and 5 companies were announced as winners.
The five companies from India are winners of the GREAT Tech Rocketships initiative that fit the 3 Fs criteria- good Founders, strong Fan-base and Funded. The startups chosen are:
Congruent Solutions Pvt Ltd: Congruent Solutions Pvt Ltd, is an IT services provider specialising in pension administration industry. Incorporated in 1986, Congruent provides a host of retirement administration and technology development services to various companies in the US, the UK and Singapore including Fortune 500 companies. The firm has two offices in Chennai, a production delivery centre for tech solutions and a global delivery centre where all its back office administration is handled.
FRILP.com: Chennai-Based Frilp was founded by Shanmuga Anandaraman and Senthil Kanthaswamy in February 2013. It is an online platform that helps users discover a shop or service through their friends and people. Frilp (Friend’s Help) is powered by your friends and an advanced algorithm that recommends the shops and services that is best suited for you.