BWI: Canvera.com Wins TiE-Lumis Entrepreneurial Excellence Awards for 2010

Press release from Business Wire India
Source: Canvera Digital Technologies Private Limited
Monday, December 27, 2010 03:05 PM IST (09:35 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
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Canvera.com Wins TiE-Lumis Entrepreneurial Excellence Awards for 2010


New Delhi, Delhi, India, Monday, December 27, 2010 -- (Business Wire India) -- Canvera.com was today declared the winner of the TiE-Lumis Entrepreneurial Excellence Awards 2010 at the TiE Entrepreneurial Summit 2010, one of the largest entrepreneurship symposium in Asia. Currently in its 3rd year, the Excellence Awards are aimed to not only recognize the idea but also the effort, innovation and passion of the entrepreneurs who have braved the odds and made a mark with their start-ups. Canvera won this award along with B2R Technologies and ixigo.com. The award received 700+ submissions out of which 20 were shortlisted for screening and 6 companies were invited to present at the conference to decide the final winners.

Luminaries such as Pramod Bhasin CEO of Genpact, Saurabh Srivastava Chairman-Emeritus TiE-Delhi and Rohit Bhayana Managing Partner at Lumis formed a part of the jury and followed a fairly stringent evaluation process which focussed on the business understanding of the market vis-à-vis product placement; Current clientele and potential pipeline; Comparative positioning to the competitors; differentiators; value proposition; Social Impact, etc.

Canvera.com, a pioneer in the field of online digital photography started by Dr. Dhiraj Kacker (CEO) & Peeyush Rai (CTO) both first generation entrepreneurs. Dhiraj has been working in the field of Digital Imaging since 1991 and has a B.Tech in EE from IIT Mumbai and a PhD in EE with specialization in Imaging from Purdue University. Dhiraj moved to India after almost 13 years of living in the US to begin his journey as an entrepreneur. Peeyush is also a graduate of IIT Mumbai and had worked in the software industry both in India and the US for almost 13 years before starting the company with Dhiraj. Peeyush had stints at large corporations such as Oracle and a number of startups in Silicon Valley & India.

Commenting on this honour Dhiraj said, "This award is a testimony to the faith and entrepreneurial drive of the team at Canvera. I am humbled and elated at this honour as it recognizes the hard work and dedication of the the 500+ team members of Canvera." Canvera has also previously won the "Best Photobook in Asia Pacific & Japan" HP Digital Print Award in the years 2008 and 2009 and the "Best Innovation in Technology" 2010 award by Asian Photography magazine for bringing innovation and professionalism to an unorganized market.

About Canvera:

Canvera.com is a 3 year old online digital photography company providing mass customized printed products such as high-end coffee-table-books and e-commerce solutions to professional photographers (PP) all over India. Canvera entered the market in July 2008 and in that time has serviced the needs of more than 6000 PPs (and growing) in more than 250 cities all across India. Canvera employs 500+ people across 8 offices which includes a 170+ sales and account management team, a 120+ design services organization and a 120+ manufacturing team. Canvera has raised Venture Capital funding from Footprint Ventures, DFJ & Mumbai Angels.

About The Indus Entrepreneurial Award (TiE):

TiE Delhi-NCR & Lumis Partners instituted the Entrepreneurial Excellence Awards in 2008 with the vision to recognize outstanding young companies that have the potential to transform into world leading organizations in the near future. The idea was to create a platform that will seek to promote such companies by combining TiE network and mentoring support with Lumis Partners' acumen in providing access to funding and board level coaching.

In its 3rd year, TiE's unique initiative aims to uncover some of the most innovative, sustainable and high potential companies. It seeks to engage not only with entrepreneurs but also with policy makers, in order to foster the spirit of entrepreneurship. It seeks to become the bridge that would connect Indian government and industry with successful Indian entrepreneurs across the world, many of whom are regarded as thought leaders.

The Delhi-NCR Chapter is among the largest and most vibrant across the vast TiE network. TiE Delhi-NCR conducts over 50 events every year covering aspects of entrepreneurship like funding and finance, marketing and sales, expanding into new geographies and business and organization management.


CONTACT DETAILS
Pushpanjali Singh, Sampark PR, pushpanjali.singh@sampark.com

KEYWORDS
CONSUMER, LIFESTYLE, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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