Vinculum Selected for TiE's "Billion Dollar Babies" Program
Vinculum has been chosen by The Indus Entrepreneurs (TiE) for its Billion Dollar Babies initiative. The Billion Dollar Babies is a first-of-its kind initiative by TiE designed to identify and nurture product companies from India.
Mumbai, India, December 23, 2014 (Newswire.com) - Vinculum is one of the three selects announced for the inaugural Billion Dollar Babies Program, an initiative of TiE Silicon Valley - a nonprofit organization dedicated to fostering entrepreneurship through various mentoring, educating, incubating and funding initiatives.
The six month mentorship program for select Indian product companies, aims to provide them with an opportunity to connect with mentors & venture capitalists, participate in CIO Forums & help organizations with global aspirations reach $1billion in global enterprise value.
About Vinculum (www.vinculumgroup.com) Vinculum offers products and services to enable multi-channel retailing for eCommerce and brick n mortar retailers. Its award-winning Software as a Service (SaaS) suite includes products such as Vin eRetail (www.vineretail.com), helping retailers and eCommerce companies sell across marketplaces , 3PLs to undertake eCommerce order management and fulfillment; Vin SIM enabling Omni Channel retailing with real time information of store data and Vin MDM, keeping product, inventory and customer master data consistent across channels. Vinculum also provides strong Industry domain consulting and implementation services to eCommerce, Retail, CPG, Supply Chain and Logistics Industries. Vinculum is among the Top 100 Red Herring Global companies 2014 & its Master Data Management Product- Vin MDM featured in Gartner's Magic Quadrant- Other Vendors category. Other accolades include NASSCOM Emerge 50 and a feature in the Product Excellence Matrix (A report by NASSCOM and Frost & Sullivan)
“TiE Silicon Valley is thrilled to announce its first class of Billion Dollar Babies," said Venktesh Shukla, president of TiE Silicon Valley. "As the US-India market grows, it is more important than ever to nurture companies looking to break expand their global presence. These companies are each leaders in their fields, and we are excited to see them grow over the course of the program and reach their full potential with the help of TiE's extensive resources.”
Vinculum, founded in 2007 by co-founders Venkat Nott, Piyush Madan, Annajee Nott & Deepak Singla is a technology company specialising in retail & e-commerce domain.On the Occasion Venkat Nott, Founder & CEO Vinculum said “"Vinculum is excited to participate in the Billion Dollar Babies program. Today's consumer is online savvy, shops across eCommerce sites and marketplaces, and expects ecommerce companies and retailers to offer them a number of choices and flexibility in terms of inventory lookups, click and collect, same-day delivery, home delivery, etc. Our software products and services are designed to address the business process and technology challenges, and to help our customers derive significant leverage to succeed in the multi-channel world. We are looking forward to building a great global company by leveraging TiE Silicon Valley's resources."
The Billion Dollar Babies committee includes co-chair BV Jagadeesh, Managing Partner at KAAJ Ventures; co-chair Raju Reddy, Advisor to Hitachi ITSC Global and global entrepreneur; Ashish Gupta, Senior Managing Director at Helion Venture Partners; Dinesh Katiyar, Partner at Accel Partners; Ash Lilani, Managing Partner at Saama Capital; and Manu Rekhi, Partner at Inventus Capital Partners.In India, the program is co-chaired by Nishith Desai, founder of Nishith Desai Associates; Ravi Gururaj, chair of the the NASSCOM Product Council; and Saurabh Srivastava, founder TiE Delhi & India Angel Network.