Volume 07      Issue 07     10 January 2011
Piramal Prize 2010

The Piramal Prize 2010 concluded on 4th of December with ‘GVK – EMRI 108 Emergency Services’ and ‘Forus Healthcare – 3 Nethra’ winning the prize of Rs 10 lakh each for ‘Established organizations and Emerging Category’ respectively.

Piramal Prize 2010 was organized as a partnership between Centre for Innovation Incubation and Entrepreneurship at IIM Ahmedabad and Ajay G. Piramal Foundation. The award recognized high-impact, scalable business models that propose innovative solutions which directly or indirectly address India's healthcare crisis.

GVK – EMRI (Emergency Management and Research Institute 108 Emergency Services)

Launched on 15th August 2005, it runs emergency ambulance services in 9 states, planning to expand to 11 states. It is a pro-poor, Public Private Not-for-Profit Partnership to Provide Emergency Response Services at Rupees ne/Citizen/Month. As of now, it has covered 372 M population in 9 States, with 2600 ambulances and 38,574 trained people.

It was selected as a winner because of the organization’s already demonstrated capability to scale up operations to its current level in a span of just 5 years. Having seen complete cycles of ups and downs since its inception, it has given a proof of sustainability and robustness of organizational structure to operate the services even with changes in ownerships.

Forus Health – 3 Nethra

Started by experienced technologists in January 2010 with a vision to address Health crisis of developing world through innovative products and solutions combined with innovation in deployment in an inclusive environment, their product 3Nethra - ‘Prescreening at doorstep’ aims to detect needless blindness at very early stage. Also, it is a single, portable, intelligent eye pre-screening device which can take the image of the eye and with built in image processing algorithm can sort the eye images. This single machine can detect diseases like Cataract, Glaucoma, Diabetic Retina, Refraction & Cornea problems. They were chosen because of very strong, capable leadership team and advisory board, who come with right kind of experience. The product has undergone rounds of technical refinement, has received very positive response from users and is capable to address the health care burden with respect to eye care.

Launch of CIIE Deal Portal

CIIE Deals portal is an initiative by CIIE to facilitate search for interesting start-ups by Investors/Incubators in India. Through its unique partnerships with various entrepreneurship-promotion and b-plan initiatives, CIIE has access to various interesting early stage start-ups – looking for funding and hand-holding support. The CIIE Deals portal is a mechanism to showcase the interesting investment-worthy opportunities that we have come across and introduce them to investors for further exploration. The CIIE Deals portal offers an investor the following features –

  1. Access to a large database of deals - CIIE has access to several thousand ideas and ventures looking at raising funds and is actively working towards tying up with b-plan events to keep adding new deals in the portal. Only the deals thoroughly evaluated and vetted by the CIIE Team and its Mentors will get presented to the Investors – to ensure good quality.

  2. Advanced Search Features – As an Investor, you can search the database for deals of your interest – by size, sector, geographical location and other keywords. You can view the start-ups public profile and request the start-up for more details. Once the start-up approves your request for more information, you get access to the detailed vital information regarding the venture for your further analysis.

  3. Get Introduced – Once the start-up approves a request for more information, the Investor also gets access to the start-up’s contact information enabling him/her to contact them directly.

    If you are willing to invest in a startup and looking to gain access to our database, please get in touch with Khushalee at the following email address : khushalee@iimahd.ernet.in

Incubatee News


Ceon participated in one of the Largest Education Fair- Bett-ME Exhibition at Abu Dhabi

The Bett- ME exhibition was organized by EMAP London in Abu Dhabi on 21st and 22nd November 2010 at Abu Dhabi National Exhibition centre (ADNEC). The Bett-Middle East Exhibition is one of the largest exhibitions for the education sector. The Exhibition was inaugurated by Abu Dhabi education council and ministers. There were visitors from various countries like Saudi Arabia, Jordan, Brazil, Lebanon etc. Ceon got a huge exposure and visibility and has generated interest from business partners across the globe. The 45 minute seminar on Multiple Intelligence was conducted by Abhay,the promoter of ceon in UAE. Microsoft, HP, Sungard , Britannica etc were some of the Big Multinationals present in the exhibition. Many B2B partnerships and solution integration opportunities were explored at the BETT-ME Exhibition.


Innoz Co-founder & CEO, Deepak Ravindran is shortlisted to the interview for the Unreasonable institute, the International Accelerator & Investor in High-Impact Entrepreneurs. Out 301 applications from 60 countries across the world, the Institute will shortlist the finalists and profile inside the Marketplace. The Finalist Marketplace will open on January 20, 2011, giving chance to people around the world vote with dollars to decide which Finalists will be accepted into the Unreasonable Institute.


Gridbots Launched GSR-1: Telepresence Robot for Home - Industries – Enterprise

Gridbots brings India's first telepresence robot - A robot which can be moved inside your home - factory or office - remotely from anywhere in the world.

It comes with a rugged chassis - high resolution video and audio streamer and precise motion control system.

The robot comes with onboard rechargeable power unit which can be charged from AC mains. With smart sensors and automatic localisation technology, it can automatically find its way back to charging dock or navigate to user defined waypoints.

Now attend meeting's without being there - talk to your loved ones in a more natural way - Give your clients a virtual tour of your facility - monitor your patients sitting at one placeBe Omnipresent !


The Piramal Prize 2010” awarded to GVK – EMRI 108 Emergency Services’ and ‘Forus Healthcare – 3 Nethra’ for ‘Established organizations and Emerging Category’ respectively.
Innoz emerged as one of the winners at Red Herring Top 100 Asia award
Incubatee News
Ceon Participated in the Bett-ME Exhibition at Abu Dhabi.
NASSCOM rates Innoz among Top 8 ‘Emerging Companies in India 2010’
Gridbots Launched GSR-1- Telepresence Robot for Home - Industries – Enterprise
Aura herbal Textiles Ltd. in Business Today
In the Spotlight
The Piramal Prize 2010 concluded on 4th of December 2010 at CIIE.
Launch of CIIE deal portal
Ceon got his First Client in Dubai – “Global Indian International School”- Dubai

CIIE   India

Contact us at:

Centre for Innovation Incubation and Entrepreneurship
Indian Institute of Management (IIM), Vastrapur, Ahmedabad - 380015 Gujarat, INDIA
E-mail: ciie@iimahd.ernet.in  Phone: 079 6632 4203  Fax: 079 6632 4207
Web: http://www.ciieindia.org/

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