NZymeTech was declared winner of the first Microsoft BizSpark India Startup Challenge in India last week and was awarded a total grant of US$40,000. NZymeTech is a patent pending product from Wallop Media aimed at simplifying digital advertising.The challenge was announced in April 2011 where over 400 technology startups enrolled; of which, 15 were shortlisted for the finals on 23rd June in Bangalore.
In the finale, the participants were assessed based on innovation, market potential and compelling story behind the business idea.
Rajesh Agarwal, Co-Founder, Wallop Media commented “It was a great experience for us to be part of Microsoft BizSpark India Startup Challenge. We are delighted to have won the challenge that stands as testimony to potential application of our technology in global digital advertisement market. We are thankful to BizSpark team since the grant has come to us at right time when we were seeking to scale our interactive ad-serving platform and stack of interlocking technologies.”
“NZymeTech is an integrated capability for digital advertising that addresses needs for branding, performance and social media campaigns. NZyme is a homegrown technology of global standards enabling conversion of static images into rich media interactive ads with upto 3 times faster ad-serving enabled using Microsoft Azure cloud platform. Our ads work well across web, mobile and tabloid platforms and we will be porting it on Windows 7 phone”, added N Kiran, Co-Founder, Wallop Media.
Microsoft BizSpark Challenge encourages start-ups in the field of product software to showcase their innovative business plans, receive feedback, and mentorship from top investors and Microsoft. The challenge was open to startups that currently have product/IP and are leveraging Microsoft technologies.
About Wallop Media:
Wallop Media is an interactive online and mobile ad serving company headquartered in Bangalore, India. It proprietary and patent pending dynamic ad conversion technology integrated with ad-serving platform, rich reporting and wide network enables advertisers to reach their target audience in impressive way and generate quality results through branding and performance campaigns.
About MicroSoft BizSpark Startup India Challenge:
Microsoft BizSpark India StartUp Challenge is a chance for start-ups to show off their creativity and receive constructive feedback and mentorship from their peers, top investors and Microsoft. Four lucky start-ups will win grants of total $100000 USD that can help them grow their business and develop their software applications and services. But most importantly, the challenge represents an opportunity for the BizSpark Community to build and deepen connections, share ideas and celebrate the individual successes of member start-ups and network partners.