Press release for immediate publication:

TiECON CHENNAI 2010 reinforces itself as the largest show in

the state for Entrepreneurs
TiE Chennai Entrepreneur Awards 2010 presented; Over 1000
entrepreneurs and professionals in attendance; “Pitch to VC” session sees
participation of 40 entrepreneurs

Awardees – N. Sankar of Sanmar Group, Lifetime Achievement; B.Soundararajan

of Suguna Poultry Farm, Entrepreneur of the Year; Dr. N. Mahalingam of Sakthi
Group, Distinguished Family Entrepreneur of the Year; Rajshree Pathy of Rajshree
Sugars & Chemicals Ltd., Woman Entrepreneur of the Year; Padmasingh Isaac of
Aachi Group, Extreme Entrepreneur of the Year; GSK Velu of Trivitron Healthcare,
Serial Entrepreneur of the Year and Dr. Sunil Shroff of Mohan Foundation, Social
Entrepreneur of the Year

Chennai, November 24, 2010: TiE Chennai’s annual flagship conference TiECON CHENNAI
2010 was successfully held today at the Chennai Trade Center. This year’s conclave with the
theme “money-Money-MONEY” attracted over 1000 entrepreneurs, investors and business
school students reinforcing its status as the state’s largest show focused on entrepreneurs.
Speaking after inaugurating the conclave and receiving the Lifetime achievement award, N
Sankar, Chairman of Sanmar Group said,” it is the best time to be an entrepreneur in India, with
opportunities in every sector and every area of business.” He exhorted the audience to enjoy
Entrepreneurship cautioning that it does not work once the fun goes out of it. He also appreciated
that values are becoming stronger today and today’s younger generation of entrepreneurs are
displaying higher levels of integrity.
In his comments, Gopal Srinivasan, Chairman of the awards committee, TIECON Chennai 2010,
said,”The awards play an important role in celebrating entrepreneurship and successful
entrepreneurs, thus encouraging them even further. This year, the jury had to meet multiple times
to finalize on the awardees and I am happy to see the stalwarts lead the awardees list. Another
interesting fact is the diversity of the list, with awardees coming from varied sectors, pointing to
the spread of entrepreneurship across sectors and not restricted to IT or consumer, as one always
visualizes.”
In his address on “The Entrepreneur’s Dharma”, Gurcharan Das, the best-selling Author &
Management Guru said,” It is very important for all entrepreneurs to have a moral compass and
focus on building true reputation. He said markets were moral by nature and one cannot deceive
it for long.”
In his comments, R. Ramaraj, President, TiE Chennai, said, “ I am happy to say that this year’s
TiECON attracted a large number of Business Leaders, Bankers, Venture Capitalists, Entrepreneurs
(Veteran, emerging and aspiring) as well as students and other members of the public. This
annual event is getting better, bigger each year and there are new additions of programs and
variations with each edition.”
Of particular interest in this year’s TiECON was the unique session in Tamil titled “Unnaal
Mudiyum Thambi” moderated by Y Gee Mahendra with pioneering entrepreneurs from Tamil
Nadu like Padmasingh Issac, Founder of Aachi Group, Dr. A.M. Arun, Chairman of Vasan Eye Care,
and Mr. Kumaravel, Founder of Naturals sharing their inspiring business journeys. There were
other well attended and highly interactive parallel sessions covering Education, Cloud Computing
and Start-ups. The panel discussions – “Where is the Money” and “Raising the Money, When and
How much” - focused on various aspects of raising money from VCs, Angel investors and banks at
different stages of the enterprise.
The winners and runners up for the LIBA-TiE CHENNAI-EDI-NEN Pan India Business Plan
Competition Awards- for the 3 categories a) Student b) General and 3) Social Entrepreneurship
Category are respectively as follows:
a) Student Category:
WINNER: Team No. (S1221)– Berty Thomas, Varun Mittal and Ravi Sundaram for Project-
Coastal Shipping

RUNNER-UP: Team No. (S1263)– Ashwin Sundaram, Sandeep Chandrasekaran, Sudarshan,

Narendran, pursuing MBA from Great Lakes, Chennai for Project- Fribble
b) General Category:
WINNER: Team No. (G1039)- Anantharaman Mani, Bala Ganesh and Manu J, an IIM-B, NIT-
Nagpur and IIM-M alumnus respectively for Project- Report Bee
RUNNER-UP: Team No. (G1238)– Hussain Pachmeriwala B.A. Economics, Loyola College, (BD
team) Praveen Krishnan, Palaniappan Narayanan, Sripradish Kapikad and Santhosh
Kumar C, all pursuing MBA from SPIJMR, Chennai for Project- Koupon
c) Social Entrepreneurship Category:
WINNER: Team No. (E1087)- Rajkumar, Jui and Jyotika, an IIM-B, NIT-Nagpur and IIM-M alumnus
respectively, Project- Cycle Chalao
RUNNER-UP: Team No. (E1063)– Aparna, BE, IGNITE 2008 IIM (AHMD) AWARDEE,
Ananvishnu, BE, LRAMP IIT Chennai, Dr. Vijayan, Physcian for Project- Metro Agriculture Home
Waste

About TiE Chennai: TiE's mission is to foster entrepreneurship globally by Educating, Mentoring
and Networking. Founded in Silicon Valley in 1992 by successful entrepreneurs and professionals
with roots in the Indus region, today, TiE has 56 Chapters in 13 countries, spread across 5
continents. The TiE ecosystem comprises 11,000 members and 2,400 charter members, who are
the top entrepreneurs, venture capitalists, lawyers and management professionals in their chosen
field. TiE Chennai holds regular events on its own, as well as through partnerships with other
institutions to deliver programs such as Mentoring, Education and Networking on a non- profit
basis. For more information visit: www.tiechennai.org
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