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2013-06-13

UKTI announces winners of its contest for India’s most innovative companies

UK Trade & Investment (UKTI) India on Thursday announced the winners of the “UKTI Calling India’s Most Innovative Companies To Work With The Best of UK” contest launched earlier this year.

UK Trade & Investment (UKTI) India on Thursday announced the winners of the “UKTI Calling India’s Most Innovative Companies To Work With The Best of UK” contest launched earlier this year.

The contest, the first ever of its kind by UKTI, was open to innovative companies in India who are looking to scale up globally with the UK as their growth partner. UKTI received 171 entries from companies across India and across sectors.

As per a release issued by the British High Commission, the winners included Heckyl Technologies from Mumbai which provides real time financial information, news and data analysis, etc to retail traders and brokerages. Foradian Technologies based in Bangalore was chosen as the first runner up offering web based enterprise software solutions for education institutions across the globe. The second runner up was Silver Bright from Pune whose in-house technology is used in its manufacturing of Precision Drawn Bright steel bars and ERW/CEW tubes that are light yet stong.

The three companies will be flown to London for a bespoke programme which will include advice and mentoring from specialists who have previously helped Indian companies to globalize; meetings with world-class investors, incubators and potential partner companies; and a visit to ‘Tech City’ which Europe’s most vibrant innovation hub, the release added.

The successful companies will also be presented their awards by the British Deputy High Commissioner for Western India, Mr Peter Beckingham, at the Queen's Birthday Party to be given by him in Mumbai on 19th June.

Sir James Bevan, British High Commissioner in India said, “This competition has underlined that India is home to some of the world's most creative minds and innovative companies. I congratulate all the participants on their fresh perspective and determination to do things better. I am confident they will tap the rich vein of British talent and forge partnerships with real potential to change the way we do things not just in India and the UK, but across the world.”

The entries were judged by a panel of UKTI's Sector Specialists in the UK and members of its Inward Investment Teams in India and in the UK. The contest was sponsored by UKTI, in partnership with British Airways and YourStory.in.

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