Zone Startups India, a joint venture of Toronto-based Ryerson Futures and the Bombay Stock Exchange Institute, in collaboration with the Government of Ontario, Canada and IBM Global Entrepreneurship Program recently concluded the second edition of the Next Big Idea Contest. Five tech startups have been selected from over 200 applications across India.
The winners are AdSparx from Pune in Western India; from down South Flip Technologies (Kochi), Konotor (Chennai), Shield Square (Bangalore), and Vidooly from Noida in North India. They will be travelling to Toronto in early November.
Canada’s Minister of International Trade Ed Fast announced the winners yesterday during a visit to Zone Startups India.
The competition is a platform to discover India’s five most innovative technology companies who are looking to leverage a presence in Ontario, Canada, as a vehicle to expand to North America.
The winners will be incubated for two weeks at Digital Media Zone (DMZ) at Ryerson University in Toronto. Using the DMZ as a landing pad, the entrepreneurs will receive mentorship, business development advice and valuable international experience, shared an official release.
“We are thrilled with the quality of technology startups that applied to be part of the Next Big Idea contest, and it was difficult to select less than two per cent of the companies that applied as there were many excellent teams and solutions,” said Matt Saunders, President of Ryerson Futures and Zone Startups.
“Following on the success of last year’s programme, we expect these companies to quickly get connected into the North American market via our network, which will help accelerate their growth. We look forward to hosting this year’s winners in Toronto,” he added.
Meet the winners
AdSparx is a video ad technology platform for streaming internet video. AdSparx uses patented server-side technology to serve device independent, high quality, targeted video ads for linear TV, live events and videos on-demand. It is funded and has graduated from Microsoft Accelerator.
Flip makes smart electronic devices, connected via BLE (Bluetooth Lo Energy) to smartphones, for enhancing skateboarding experience and other sports. It is incubated at Startup Village.
Konotor adds a two-way rich messaging inbox to your app, and provides business with segmentation capabilities and event-driven messaging tools to help engage cohorts of users in a personalised and contextual manner. The startup is funded and has graduated from Target Accelerator.
Shield Square helps protect online businesses against web scraping and bot attacks, increasing revenues and improving site performance. It graduated from Microsoft Ventures Accelerator, Bangalore in 2013 and had also been recognised in “InTech50”, a showcase of the most promising 50 software products created by entrepreneurs from India. Shield Square is funded.
Vidooly is a YouTube video marketing and analytics product suite for content creators and brands that helps to grow and optimise their channel organically.