July 26th, 2009
I attended Proto.in yesterday. One of the biggest changes that happened at this event was that, it became a one day event rather than the usual two day event. Of all the sessions that happened, keynote talk by Mr. Ganesh Natarajan, CEO of Zensar and the “Angels can help you fly!” discussion from Mumbai Angels were very good.
This time, there were 15 products from a variety of areas including but not limited to Education, Internet and Mobile, Software etc. I liked the presentations from the companies namely English Seeko (a dial-in solution by phone to learn spoken English). Even though their demo was good, they would have lot of challenges with speech recognition. Then I liked the Credit Card Reconciliation System from Aerosoft. It was a very well put together presentation and I immediately understood their product’s validity from their presentation.
There was two presentations that did blow the audience away. One was from TouchMagix about their Microsoft-Surface-like product. Other was this launch of custom made bikes by Vardenchi Motorcycles in the range of Rs. 2.8 lakhs to Rs. 10 lakhs. They are already profitable and they brought 2 of their custom made bikes to the Proto.in stage to showcase them to the audience. They looked beautiful. When funds allow, I will surely design & get my own bike from them.
There was another company with the name GoVasool. Their presentation reminded me of the product named SpotEazy that presented during the first Proto.in in 2007. I couldn’t get their concept of why vendors would compete with each other to give a lower price for a select group of people. And then there was Vrixx (pronounced as vri-ksh), a end-to-end college management product, based on the all prevalent SaaS model.
Near the end of the event, Mumbai Angels announced that they would pick two startups from the lot and give them the opportunity to present to the angels at their offices for funding. They picked Vrixx and TouchMagix. Congrats guys! It seems ConWizta (content management and testing application) missed that by a narrow margin.
It was a good way to spend the weekend and this event is making me feel guilty every time because I haven’t started up yet.