mChek bags the prestigious TiE-Lumis Partners Entrepreneurial Excellence Award
Award recognizes the spirit of entrepreneurship and applauds companies who have braved the odds to make a mark with their start-ups`
-- mChek (www.mchek.com), India’s leading mobile payment solutions provider, has been awarded theprestigious TiE-Lumis EntrepreneurialExcellence award. The award aims to recognize and applaud the entrepreneursand startups that have braved the oddsand made a mark in the industry.
This is latest in a seriesof prestigious awards that the company has bagged for innovation and entrepreneurialexcellence. Some of the other awards include the Global Red Herring 100 Award –2008 and Voice and Data Technovator of the year award-2009. Additionally themChek on Airtel service was awarded the best solution in customer care andbilling at the GSM Association’s Mobile World Congress in Barcelona, 2008.
On winning the TiE Entrepreneurial Excellence award, Mr. Sanjay Swamy, CEO, mChek said “MobilePayments are still at an early stage – however we have received tremendoussupport from industry leaders, notably Airtel, Visa and ICICI Bank, that hashelped us accomplish some key early milestones in India. The award issignificant as it recognizes the effort put in by the mChek team and ourpartners in building a mobile payments product which competes with the best ona global stage.”
Out of over 100entries that were received from across different cities in India, six wereshort listed to present their plans before a significant audience of potentialmentors, investors, corporate partners and the jury at TiEcon Delhi 2009. The entrieswere evaluated on several parameters such as an innovative business model,growth potential, and a sound revenue model together with the tractionwitnessed from customers by a jury comprising of veteran entrepreneurs andprofessionals from TiE and Lumis Partners.
Notes to Editor
About mChek
Bangalore-based mChek (www.mchek.com) provides patent-pending,mobile-based, security and payment services enabling users to transact throughtheir mobiles for wide-ranging day-to-day requirements including payment ofutility bills, insurance policies, movie & travel ticketing, prepaid rechargeand post-paid bill payment. Consumers can sign up at www.mchek.com or bysending sms ‘AIRTEL’ to 543219 (toll-free) from their Airtel phones.
mChek’sCertifications
·ISO 27001
·PCI-DSS 1.2
mChek’sAwards
v GSMA GlobalMobile Awards, Barcelona,2008
oBest Billing & Customer Care Solution
oJuror’s Quote: “For all those who thought mobile commercewas a pipe dream, mChek on Airtel has just shown the way to do it. The cashlesssociety is here and it has gone mobile”
v Global RedHerring 100 Award – 2008
v Voice and DataTechnovator of the year award-2009