AVENUES 2009

& TePP
Technopreneur Promotion Programme

Presents

Navonmesh: The Entrepreneurship Convention

Start-up Summary
About Navonmesh

Greetings from Team Navonmesh!

Navonmesh, the entrepreneurial convention, aims to breathe in a new life to the spirit of
innovation and enterprise in the country. This event will be a part of Avenues 2009, the annual
business festival of IIT Bombay, conducted by the Shailesh J. Mehta School of Management, IIT
Bombay.

At Navonmesh, our objective is to offer a helping hand to start-ups and sensitize the modern
business school fraternity about the potential and power of their enterprise. We have chosen 6
start-ups and we invite b-schoolers to prepare business plans around those start-ups. Four of
these start-ups are supported by TePP, Technopreneur Promotion Programme of the Department
of Science and Technology, Government of India. The primary objective of the Business Plans
should be to help the start-ups go to the next level.

The business plans should be feasible and should consider the status quo of the start-up and look
at the financial feasibility of the Business Plans. The process of selection involves 2 rounds of
filtration and one business plan per start-up will be selected for the final event. Feedback for the
contestants will help to improve upon their entries at each round of short listing.

The teams with the best Business Plans will be invited to IIT Bombay to present it before an
esteemed panel of Judges, Start-Up owners and Venture capitalists.

Best Regards,
Team Navonmesh

Ajit U. R. Amit Goel Sidharth Mehta

Mobile +91 99 3083 4096 Mobile +91 98 2015 5360 Mobile +91 98 3315 5442
Email: ajit.ur@iitb.ac.in Email: amit.goel@iitb.ac.in Email: sidharth.mehta@iitb.ac.in

Navonmesh 2009: A brief on startups Page 2

Technopreneur Promotion Programme (TePP) is India‟s largest network program supporting
Independent Innovators. The network with its 30 outreach Centers spread across the country
provides grants, technical guidance and mentoring support to independent innovators. The
purpose of this support is to enable innovators emerge as entrepreneurs by incubating their ideas
and enterprise.Since the time of its inception, 250 innovations have been supported under
TePP.It is positioned as a pre-seed fund for start-ups.

TePP developed a unique framework in a network mode and contribution by various players as
illustrated by deal flow. Cumulatively, TePP accessed around 7500 ideas, evaluated 1650
proposals and supported 240 innovations. TePP pioneered network movement to make the
support accessible for all eligible innovators and to add value in screening and monitoring.
Modern communication tools are used to get all the stakeholders involved, chief among them are
‘TePP blog’ and the LinkedIn Group ”Friends of Indian Innovators‟.

We are proud to have TePP as Partner for Navonmesh.

Website: www.dsir.gov.in/tpdup/tepp/tepp.htm

Navonmesh 2009: A brief on startups Page 3

Timelines

Call for Registration 3 September 2009

Deadline for Executive Summary 14 September 2009

23:59:59 Indian Standard Time
Shortlist declared 23 September 2009

Deadline for Final B-Plan Entries 15 October 2009

23:59:59 Indian Standard Time
Final Shortlists declared 25 October 2009
Navonmesh Final Event 1 November 2009

General Rules
 A team can have a maximum of 3 members, all of whom should belong to the same institute.
 Any number of teams from an institute can register for the event.
 One student cannot be part of more than one team.
 Once the Start-Up is allotted, no requests for change of start-up would be entertained .
 Teams are requested to specify their top 3 startup preferences in the below format.

Team Name, College Name Startup Rank Startup Name

First

Second
Third

 Each team must submit only one entry.

 Send in your entries to the email id navonmesh@sjmsom.in , keep the subject as
<Navonmesh09>_<TeamName>_<collegeName >
 Exchange Students can also participate. The exchange students however need to be present
during the final presentations.
 No change in the team structure is allowed after the team is registered.

Navonmesh 2009: A brief on startups Page 4

A brief on Startups

Parking Safe
Parking safe is a start up commercializing a patented, completely automated parking system.
This system combines parking tools, simplicity of use and time saving features, into a brand
new solution which aims to save customers’ time, space and money. The start up plans to
target governments to implement this solution on a PPP basis. It also intends to target
construction companies, owners of shopping malls, etc and offers its customers a number
of features including 24/7 support. A total of 40 installation sites and a turnover of
INR 7,00,000,000 p.a. is projected over the next five years.

GYATK RVCR Apparatus Private Limited

Gyatk was established in 2005 to commercialize the revolutionary invention titled
“Apparatus adopted to perform as a compressor, pump, motor and an internal combustion
engine”. This is a “Rotary variable compression ratio engine" which is more fuel efficient and
has a smaller carbon footprint than a traditional IC engine. Expected to disrupt the current
market, this product has many advantages for early adopters with target customers
including auto manufacturers, engine manufacturers, etc. A projected revenue of 3500-4000
crores worth of sales worldwide makes this start up a very exciting prospect.

Glo Tech Organics

Glo Tech Org is a start up engaged in developing and commercializing agro based, value
added products with unique technologies. Its organic products are eco friendly, conserve soil
and water, boost plant productivity and are suitable for all crops. Targeting farmers,
individual consumers of the farming community and manufacturers of organic
products/fertilizers, this start up has big plans for the future with a projected turnover of 140
lakh by 2011-2012.

Navonmesh 2009: A brief on startups Page 5

A brief on Startups (continued)

Grassroutes
Grassroutes is an exciting social endeavour to showcase to tourists the very heartland of
India- its villages- though the means of “community managed rural tourism”. On trial in two
villages in Maharashtra, this model has been very successful in training villagers in hospitality
and in building community owned places for tourists to stay, so that urban tourists can have
that “authentic village experience”. This endeavour hopes to build a complete network of
such villages throughout India, empowering the rural population and boosting the local
economy in a responsible, sustainable way. It has a projected turnover of INR 1,35,82,080 by
2012 .

P2power Solutions
P2Power solutions is a startup operating in the domain of power quality enhancement and
aims at reducing the operating costs of its customers by improving power quality through
the use of innovative technology which comes at very competitive prices. Its ‘I-Con’ Power
Revolution series is a ground breaking active current conditioner, customizable as per user
requirements and combining all the power quality enhancing features of its other products.
With projected sales of 778.1 lakhs and an expected net profit of 95.7 lakhs for its 5th year
of operation

Tempostand.com
TempoStand.com, a music portal where one can create, share and remix music is a
platform that promotes independent bands and solo artists. TempoStand, even in its nascent
state has been attracting a lot of attention, primarily because of its promising business
model and its initiative to hunt for exclusive music. Tempostand.com has one of India's
biggest collection of original underground music and have artists from across genres and
regions. The current revenue model is based on the sale of music, promotional campaigns
for bands, individual musicians, musical merchandise and contextual advertisements on the
website. The team plans to offer music streaming on the mobile as well. TempoStand had
bagged the best student team award at the International business plan competition
Eureka!2006 at IIT, Mumbai

Navonmesh 2009: A brief on startups Page 6