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TiE applauds innovative entrepreneurs

It was an evening of star studded entrepreneurs gathering at the sixth edition of TiECON awards 2013. And the brightest star of the galaxy was Mallika Srinivasan who received lifetime achievement award for her contribution to TAFE making it the largest tractor company in India and third in the world. Dr S S Badrinath, founder, Sankara Nethralaya, honoured her and on acceptance she pointed out on facing constraints in managing her family business.

Entrepreneur of the year award went to R Chellapan, executive director, Swelect Energy Systems Ltd. He hand made his first UPS from the scratch and understood its business potential with its success. This pushed him to start Numeric Systems which has risen to number one in quick time and remains the same for the last two decades in India. The million dollar company was acquired by Legrand of France for a whopping Rs 829 crore.

Capricorn Foods India managing director Rahul Jain was presented with Emerging Entrepreneur Award for his excellent work in food processing. Most Innovative Entrepreneur Award was bagged by Girish Ramdas, Gautam Ramdas, C R Venkatesh and Vijaykumar

Radhakrishnan, founders of Magzter. It is the world’s fastest growing cross platform global digital magazine store with millions of downloads across the world reaching even Antartica.

N Mahadevan founder Oriental Cuisines was awarded with Dronacharya award.

Congratulating the winners TiE president Chennai, Cognizant’s Lakminarayanan said: “It is very encouraging to see innovative business ideas emerging from the people of Tamil Nadu.”

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