ET Startup Awards Alumni: where are they now?

Previous winners of the ET Startup Awards (ETSA) have stood out amid a crowded ecosystem and have gone on to become successful businesses. We look at a few of them from previous editions of the awards.

Atomberg Technologies – Best on Campus (2019)

In March this year, digitally native consumer appliances brand Atomberg Technologies crossed Rs 100 crore in monthly revenue. Shortly after that, in May, the Mumbai-based company, which sells environmentally friendly ceiling fans, raised $86 million in a funding round led by Temasek and Steadview Capital. Founded by IIT Bombay alumni Manoj Meena and Sibabrata Das, Atomberg is planning on expanding into new categories such as mixer grinders and smart locks by early next year.


Tredence – Bootstrap Champ (2018)

While bootstrapped at the time, the Bengaluru and San Francisco Bay Area-based global analytics services and solutions provider has raised a total of $205 million, including $175 million it raised from Boston-based private equity firm Advent in December 2022. The funding round valued Tredence at $500 million. When it won the Bootstrap Champ award, Tredence had 350 employees, and has since expanded its team to over 1,800 people and has offices in San Jose, Chicago, London, Toronto and Bengaluru.

Log 9 Materials -- Top Innovator (2021)

When Log 9 Materials won the Top Innovator award in 2021, it was still looking to commercialise its lithium ion battery technology. Today, it has launched its battery cell manufacturing facility in Bengaluru, and its products power the electric fleet of logistics giants such as Maersk and Blue Dart Express, in addition to EV makers such as Quantum Energy and Hala Mobility. In FY22, the company reported a nearly three-fold increase in topline to Rs 25.3 crore.

Samunnati – Social Enterprise (2020)

The Chennai-based fintech lender, which operates in the niche intersection of agri tech and finance, is expecting a revenue growth of more than 50% to Rs 6,600 crore in FY24, on the back of deepening its reach. The Accel and Elevar Equity-backed company is currently present in 23 states and a bulk of its business comes from Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, Madhya Pradesh, Maharashtra, Gujarat and Odisha.

SigTuple – Top Innovator (2018)

AI-based healthtech platform SigTuple raised funds in March this year to drive geographical expansion, broaden its product portfolio and support regulatory clearances. The Accel-backed company has been focussed on automating the job of a pathologist by studying microscopic images of blood samples, interpreting them and issuing reports. It has onboarded two of the largest medical device distributors as channel partners for sales and service in India, while also expanding internationally to Indonesia. Partnerships and product launches are also planned in other countries.