Content Syndicate wins top award at Silicon India's Startup City.

After two successful editions of Silicon India's Startup City event in Bangalore, the third edition was held on September 12, 2009 in Mumbai.

Startup City 2009 is an open platform for startups to showcase their innovative technology, meet potential investors, business partners and customers. The day-long event drew in over 4000 delegates, besides 250 CEOs, 40 venture capitalists and more than 500 entrepreneurs.

Of these, 30 select startups were invited to a competitive pitch across three categories - internet, software and services to showcase their businesses to 20 VC firms and select delegates.

The startups were evaluated by an expert panel of judges, which comprised of experienced VCs and well established entrepreneurs. Awards were given based on the following criteria: business model, presentation, market opportunity, the team, value proposition, competitive positioning, go-to-market plan, current status and investment opportunity.

Content Syndicate, an online content services platform clinched the Best Startup award in internet category.

Venki Nishtala, CTO of NASDAQ listed Rediff.com, and one of judges said, “From the perspective of a solid business model, we were impressed with Content Syndicate and their market timing.”

Sachin Maheshwari, Principal at Draper Fisher Jurvetson (DFJ): “In terms of scalability, addressing a clear market need with a strong value proposition, Content Syndicate ticked all the right boxes.”

Rajesh Jog, Managing Partner, WayGate Capital: “In terms of business maturity, well thought out growth plans and track record, for a start-up Content Syndicate was clearly ahead.”

The other judges in the overall panel included Anand Lunia, SeedFund; Manoj Gupta, Nexus Capital; Arvin Babu, GreyLock Advisors; Hemir Doshi, IDG Ventures and Kartik Srivatsa, Song Advisors.

About Silicon India:

Silicon India (SI) is a 12-year old business and technology media group, headquartered in Fremont, California. SI through its print and online properties covers business, investments, technology and entrepreneurship. With a monthly controlled circulation in excess of 70,000, its readership is drawn from CIOs, CTOs, CEOs and market influencers like fund capitalists, technology adopters and analysts.

SiliconIndia.com - its online portal has a global ranking of No.4 in the IT news media category and has over 3 million registered users.