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Disruptive ideas, innovative minds rewarded at the 3rd ASSOCHAM-Ericsson ICT Startups Awards

 

Wednesday, July 03, 2019


COEO Labs, INCEPTOR technology and PICTURE Time Digiplex emerged as winners
 
New Delhi, 03 July 2019: Winners of the 3rd ASSOCHAM-Ericsson ICT Startups Awards were announced in New Delhi today. Out of a group of more than 200 startups, COEO Labs, INCEPTOR technology and PICTURE Time Digiplex were adjudged as the winners for their innovative solutions. The winners were selected by an eminent jury on the basis of innovation, feasibility, impact and time to market, bringing to a successful close what turned out to be one of the most intense competitions for emerging ICT Startups of India.
 
Shri Dhotre Sanjay Shamrao, Hon’ble Minister of State, Ministry of Electronics & Information Technology, Govt. of India; Mr. Nitin Bansal, MD, India & Head-Networks, South East Asia, Oceania and India, Ericsson; Shri Balkrishan Goenka, President, ASSOCHAM and Ms. Monica Magnusson, Vice President – IPR Policy, Ericsson handed out the awards to the winners. Winners received a prize money of Rs 1 lakh each and the top 20 start-ups were awarded a certificate of participation. An eminent jury of panelists comprising Dr. AK Garg, Scientist "F"/Director, Ministry of Electronics & Information Technology, Government of India; Dr. Anil Wali, Managing Director, Foundation for Innovation & Technology Transfer (FITT), Indian Institute of Technology; Dr. Sheetal Chopra, General Manager - IPR Advocacy, BTEB IPRL Policy, Ericsson and Mr. Gerard (Ged) Owens, Country coord./ICT, Patents and Standards, International Co-operation|Dir. 5.1.2, European Patent Office picked the winners.
 
Shri Dhotre Sanjay Shamrao, Hon’ble Minister of State, Ministry of Electronics & Information Technology, Govt. of India said, “Innovation is the currency of the future and we need to start working in a focused manner on creating a strong innovation culture in our country. I am delighted to witness the diverse range of innovative ideas and projects that have been recognized today. I believe that in this endeavor, higher education and industry need to be closely networked for maximum benefit of society.”
 
Mr. Nitin Bansal, MD, Ericsson India & Head-Networks, South East Asia, Oceania and India, Ericsson said the Startups Awards marked Ericsson’s commitment to fostering innovation in India. “Innovation is the bedrock of success for any economy, and it is encouraging to see the culture of entrepreneurship flourish in the country. India boasts of a rich tradition of innovation and a scientific temperament that puts us at the forefront of technology. At Ericsson we truly believe in the power of technology to enrich lives and the ICT Startups Awards represents a great platform to harness the technology innovations of Indian startups.”
 
Shri Balkrishan Goenka, President, ASSOCHAM said, “Disruptive technologies are borne out of seeds of innovative ideas, fertilized by supporting eco systems which transform Innovations into entrepreneurship. It is the need of the hour for building a New India.”
 
The ICT Startups Awards is a collaboration between ASSOCHAM, the Ministry of Electronics and Information Technology, Government of India and Ericsson, and is aimed at promoting innovation through recognition of outstanding ICT innovations. Every year, the awards bring to the fore innovative and disruptive entrepreneurs committed to changing the world one innovation at a time.
 
 
About ASSOCHAM:
ASSOCHAM initiated its endeavour of value creation for Indian industry in 1920. It was established by promoter Chambers, representing all regions of India. Having in its fold over 400 Chambers and Trade Associations, and serving over 4.5 lakh members across India. ASSOCHAM has emerged as the fountainhead of Knowledge for Indian industry, which is all set to redefine the dynamics of growth and development in the Knowledge Based Economy. More information available on www.assocham.org
 
For further details, please contact:
 Manju Negi            
AVDHESH SHARMA  
ASSOCHAM            
ASSOCHAM
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