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TiE-Lumis Partners Awards for Entrepreneurial Excellence
Indian Health Organisation, Simplilearn, Skanray announced 2012 winners

New Delhi October 5, 2012
The New Delhi-NCR chapter of The Indus Entrepreneurs (TiE), the world’s largest body of entrepreneurs, in association with Lumis Partners, a PE (private equity) fund focused on business services companies, has chosen three Indian companies-Indian Health Organisation, Simplilearn, Skanray—for the TiE-Lumis Partners Excellence Awards 2012 from nearly 100 entrepreneurial companies set up less than five years ago.

The jury for the TiE Lumis awards included TiE Delhi-NCR Charter Members Equitigro Chairman Rohtash Mal; TiE Entrepreneurship Nurturing Program Chair Subinder Khurana; CyberMedia Chairman Pradeep Gupta and Managing Partner, Lumis Partners, Sandeep Sinha.

Congratulating winning entrepreneurs Sandeep Sinha, Managing Partner, Lumis Partners said, “It was a tough decision for the jury members--Rohtash, Pradeep and Subinder--to pick the winners from nearly a dozen short listed companies.”

“TiE and Lumis Partners will offer extensive support in the form of mentoring, networking and benchmarking to enable these companies to grow and service critical areas of skill development in IT and Healthcare,” he added.

The three TiE-Lumis Partners winners, in alphabetic order, are:

Indian Health Organisation, a Delhi-based healthcare card provider, that marries the need for reliable healthcare services with a focus on preventive health care by offering access to health check-ups, consultation, treatment and medicines.

IHO has enlisted thousands of credentialed medical specialists to build an accessible and affordable medical referral network in 23 cities in India. IHO's Preventive Healthcare plan offers services of premium hospitals, laboratories and other healthcare services at lower rates.

Indian Health Organisation founder Director Visham Sikand picked up the award.

Bangalore-based startup Simplilearn.com, that offers online education and training for professional certification programs was the other winner. The three-year old, Simplilearn.com has trained over 35,000 learners across 135 countries. It delivers training through a unique online and offline delivery platform in addition to conducting over 300 classroom training sessions each month.

Funding from IndoUS Venture Partners (IUVP) will enable it to double the number of programs over the next few years. Krishna Kumar, chief executive and founder of Simplilearn.com received the award.

Skanray, a Mysore based medical equipment manufacturing company, specializes in High Frequency X-ray imaging systems, critical care devices and primary healthcare and telemedicine compatible devices of international quality.

Skanray assures high performance at affordable prices to the rural population by combining the latest in technology with design simplicity and innovation for efficient patient care. Skanray products comply with international quality and safety standards.
Skanray MD Vishwaprasad Alva picked up the award.

Previous winners of TiE-Lumis awards include:
2011: Capillary, Innovz and CoCubes
2010: iXiGO, Business2Rural (B2R) and Canvera
2009: AIESECT, The Loot and mChek
2008: MakeMytrip, VLCC and RT Outsourcing now known as inTarvo

About Lumis Partners
Lumis Partners is a private equity fund focused on investing in business services companies leveraging technology and global operations to grow and succeed.
Lumis has a rigorous and disciplined investment philosophy, as well as an intense focus on operational participation. It’s operating experience and global resource network allows it to attract and infuse superior management teams with significant operating expertise. Whether it is managing growth and scaling up, or strategic focus and product offering transformation, or operating process excellence, it has a core team of industry established professionals, and an extensive network of senior executives and specialists with a track record of having delivered exceptional value in similar situations in the past.

About The Indus Entrepreneurs (TiE)
The Indus Entrepreneurs (TiE) founded, in 1992 in Silicon Valley, by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region currently has over 13,000 members and over 2,500 charter members in 61 chapters across 15 countries.

TiE's mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE's focus is on generating and nurturing the next generation of entrepreneurs.

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Sanjiv Kataria +91 98100 48095 sanjiv dot Kataria at gmail dot com

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