Sat, May 27, 2017 | updated 07:53 AM IST

ShopClues next big e-preneur challenge, Ornativa announced winner

Updated: Aug 20, 2016 13:29 IST      
ShopClues next big e-preneur challenge, Ornativa announced winner

New Delhi, Aug 20 (ANI): ShopClues, India's first and largest managed marketplace recently organized the third phase of ShopClues' Next Big e-Preneur Challenge.

Announced in October 2015, ShopClues' Next Big e-Preneur Challenge is a platform to enable budding and established entrepreneurs to showcase their business ideas, brainstorm over them with leading entrepreneurs of the country, and receive feedback.

The shortlisted participants were invited for the final event at The Westin, Gurgaon in order to present their ideas to the founding team. Ornativa, a fashion jewellery start-up, won the award for the Next Big E-commerce Idea.

Ornativa is jewellery brand designed to become the market leader in Web based sales of unique designer fashion jewellery, accessories with a strong focus on quality and affordability.

The first runners up of the event were Pepper Agro, an urban gardening and agriculture venture, launched by Titus John and Sunimol John and Glam Studio, a brand of technology driven affordable salons founded by Sadiya Naseem; followed by Scrapify, a start-up that aims to make scrap selling transparent and hassle-free, founded by Arihant Karnawat.

The winners were also awarded with ShopClues - UpGrad Entrepreneur Scholarships in association with UpGrad, India's leading industry-centric e-learning platform.

ShopClues' Next Big e-Preneur Challenge was divided into three phases. The initial phase attracted a total of 1000 entries from 40 cities across India. A manifestation of ShopClues' overpowering reach in tier II and tier III geographies, a majority of the entries received by ShopClues were from these areas.

Out of the initial entries, 199 were shortlisted during the second phase of the competition after an in-depth analysis of the detailed business plans shared by each participant from different segments. Each segment catered to selling unique products and introducing new e-commerce models/marketplaces, including online services, customised clothing, healthcare and financial services etc.

"The kind of ideas and novel concepts that we have come across during the 'Next Big e-Preneur Challenge' have been truly exceptional and overwhelming. It's indeed heartening to see that the next clutch of entrepreneurs in India are really pushing the envelope of innovation and are also carefully looking at execution and profitability. I believe that challenges such as these are an ideal way to encourage fresh approach and help bolster the enthusiasm that is already present in India's start-up world," said Founder of ShopClues and Droom, Sandeep Aggarwal.

"We are pleased to reach the concluding juncture of our Next Big e-Preneur Challenge. As one of the most significant and game-changing e-commerce ventures in India, we believe it is our onus to give entrepreneurship in the country a boost. All the entries we received were promising in their own way, and they made it apparent that the Indian business eco-system as a whole is moving towards a more vibrant, innovative and solution-centric future," said Co-Founder and CEO ShopClues, Sanjay Sethi.

"The environment has become much more competitive and one needs to possess substantial ideas in hand to have an edge over others. Events like these are a part of the process of getting the right exposure to explore, express and understand where you belong in the startup community," said Senior Anchor and Editor at Bloomberg TV, Abha Bakaya. (ANI)

Pune (Maharashtra) [India],May 26 (ANI-Businesswire India): Bajaj Finserv, India's most diversified financial company, through its lending arm Bajaj Finance, is offering home loans at just 8.50% for a limited period. The special offer is valid till May 29, 2017.

Full Story >>

Jugnoo takes a big leap in restaurant aggregation

Updated: May 26, 2017 16:51 IST     

New Delhi [India], May 26 (ANI-Newsvoir): Jugnoo, India's leading hyper local startup, offering a diverse range of services like rides, ready to eat meals, restaurant food delivery, grocery and B2B Delivery, records phenomenal growth for its restaurant aggregator vertical, menus.

Full Story >>

GST Bill unanimously approved in Tripura

Updated: May 26, 2017 15:15 IST     

Agartala (Tripura) [India], May 26 (ANI): On the concluding day of the three-day session of the Tripura Assembly on Thursday, the Left-ruled state approved the Goods and Services Tax (GST) Bill unanimously by voice vote.

Full Story >>

Sensex surpasses 31,000 mark, shoots by 255.17 points

Updated: May 26, 2017 14:54 IST     

New Delhi [India], May 26 (ANI): Achieving yet another milestone in just a few hours, the Sensex on Friday saw a significant surge, reaching a fresh all time high of 31,005.20, recording a rise by 255.17 points, with Nifty inching closer to the 9,600-mark.

Full Story >>

New Delhi [India], May 26 (ANI): The most economically developed states are not adequately adding to skill sets, which may result in severe shortages of skilled manpower in the coming years, according to an ASSOCHAM-Thought Arbitrage Paper.

Full Story >>

FICCI to set up StudyinIndia pavilion at NAFSA 2017

Updated: May 26, 2017 13:20 IST     

New Delhi [India], May 26 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI), along with the Ministry of Commerce, Government of India and Service Export Promotion Council and in partnership with Education Promotion Society for India will be setting up a 'StudyinIndia' pavilion, leading a delegation of over 50 Indian higher education leaders to the 69th Annual NAFSA conference scheduled to take place from May 28 to June 2 2017, in Los Angeles, U.S.A.

Full Story >>

Atal Pension Yojana registers 53 lakh subscribers

Updated: May 26, 2017 12:36 IST     

New Delhi [India], May 26 (ANI): The subscriber base under the Atal Pension Yojana (APY) reached approximately 53 Lakhs. At present, 235 banks and the Postal Department are involved with the implementation of the scheme. Besides the branches of the banks and CBS-enabled offices of India Post, quite a few banks are sourcing subscribers through their internet banking portals in a paperless environment.

Full Story >>

New Delhi [India], May 26 (ANI): The Central Board of Direct Taxes (CBDT) on Friday issued a clarification on furnishing statements of financial transactions.

Full Story >>

New Delhi [India], May 26 (ANI): The market on Friday witnessed a surge in its trade with the Sensex and Nifty hitting an all time high of 30,862.63 and 9,534.75 respectively.

Full Story >>

New Delhi [India], May 26 (ANI-BusinessWire India): ITC Limited has won the prestigious Porter Prize 2017 award for 'Excellence in Corporate Governance and Integration' and for its exemplary contribution in 'Creating Shared Value'.

Full Story >>

New Delhi [India], May 26 (ANI): C-Zentrix, a Gartner Magic Quadrant for CCI 2016-recognised product company and a cloud-based advance communication management provider on Thursday announced the launch of two new products in its customer engagement solutions portfolio, 'TrixChat' and 'ZenBot'.

Full Story >>

nexGTv now available on Amazon's Fire TV Stick

Updated: May 26, 2017 08:10 IST     

New Delhi [India], May 26 (ANI): nexGTv, a subscription-led video entertainment app on Thursday made its big-screen debut with its launch on Fire TV Stick, a digital streaming device from Amazon, and is now available on Amazon India.

Full Story >>

New Delhi [India], May 25 (ANI-NewsVoir): Rakesh Kapur, Joint Managing Director, Indian Farmers Fertiliser Cooperative Limited (IFFCO), has been elected as the Chairman of the International Fertilizer Association (IFA) at the recent IFA's Annual Conference held from May 22nd - 24th in Marrakech, Morocco in which 1400 participants were present.

Full Story >>

New Delhi [India], May 25 (ANI-NewsVoir): Unveiled at its Insights 2017 customer conference, Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has introduced the latest version of Epicor ERP, the global enterprise resource planning solution in use today by thousands of customers in 150 countries worldwide.

Full Story >>

New Delhi [India], May 25 (ANI): Credit rating agency ICRA expects Indian GDP and gross value added (GVA) at basic prices to expand by 7.1 percent and 6.9 percent, respectively, in year-on-year (YoY) terms in Q4 FY2017.

Full Story >>

New Delhi [India], May 25 (ANI): Alibaba Mobile Business Group on Thursday announced appointment of Young Li as Head of International Business Department.

Full Story >>

New Delhi [India], May 25 (ANI): JobsForHer (JFH), an online connecting portal that enables women on a professional break to restart their careers and achieve their full potential, announces the launch of its second roadshow.

Full Story >>

Aye Finance raises USD 8 mn from Blue Orchard

Updated: May 25, 2017 13:09 IST     

New Delhi [India], May 25 (ANI): Non-banking finance company (NBFC) committed to transforming micro and small enterprise financing in India Aye Finance has announced raising USD eight million from Blue Orchard, a leading global impact investment manager.

Full Story >>

New Delhi [India], May 25 (ANI-BusinessWireIndia): International Career and College Counseling (IC3) Conference has announced the second edition of the Annual Conference, that will be held in New Delhi on August 30 and 31 2017 at JW Marriott, Aerocity.

Full Story >>

Chennai, (Tamil Nadu), [India], May 25 (ANI-NewsVoir): MindHour, one of the fastest growing Edu-tech startup based out of Kolkata takes a step ahead and excited to launch its exclusive products in Tamil Nadu to touch the lives of school going children of class 6-10, ICSE and CBSE boards.

Full Story >>