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IITM’s RTBI entrepreneur wins “The Entrepreneur Award” of the Takeda Young Entrepreneurship Award

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Venkatesh Seshasayee of Stellapps Technologies has been selected as the Entrepreneur of the Takeda Young Entrepreneurship Award. The Takeda Foundation of Japan is a non-profit organization that promotes indigenous technology in ASEAN countries.  They provide a good platform for entrepreneurs & technologists to gain visibility within ASEAN countries and thereby leverage new opportunities & networking.

Every year, the Takeda Foundation tries to identify & recognize entrepreneurs with innovative technology. In 2013, The Takeda Foundation commenced a new awarding program, the “Young Entrepreneurship Award.” The purposes of the Award are the development of young human resources who bring well-being to people and the cultivation of entrepreneurship. Candidates should be young individuals under forty years of age regardless of gender, organization or nationality.

Venkatesh Seshasayee will receive a plaque, a diploma & a monetary prize of 200,000 Yen. The Award Ceremony will be held on February 7, 2015, in conjunction with the Takeda Symposium in the Takeda Hall of the Takeda Building, the University of Tokyo.

In the past three years, two people associated with IITM have been recognized by the Takeda Foundation, Vijay Babu of Vortex Engineering & Ajit Narayanan of Invention Labs Engineering Products Pvt. Ltd.

Commenting on the award, Prof. Ashok Jhunjhunwala, Professor, IIT Madras and Co-Chairman of RTBI said:

Dairy sector in India definitely needs a big push in order to ensure that India continues to remain self-sufficient in the coming days. India needs to ensure that farmers see Dairy as an opportunity to run a profitable and worthwhile agriculture based venture.

In order to achieve this, apart from the government policies, entrepreneurs must be encouraged to bring technology and innovation to this sector. RTBI saw the potential in Stellapps to bring the right mix of Technology and Innovation to the dairy sector in India. We believe that they can be a leading Dairy Technology and Services provider in future.

Ravishankar Shiroor, co-founder of Stellapps Technologies said :

We are very happy to be recognized by Takeda Foundation at University of Tokyo. Sectors like Dairy need indigenization of automation and application of right technology for increasing efficiencies and profitability. However, these areas are usually overlooked by entrepreneurs and technology companies.

Our vision at Stellapps has been to apply indigenized technology, automation and innovation in the food, dairy and agricultural industry segments. We have received very good support and guidance from advisors & institutions such as IIT-Madras. We are working with leading dairies and dairy farmers across India. This international recognition further boosts our belief in our vision.

About Stellapps
Stellapps Technologies Private Limited is incubated by IIT Madras’ Rural Technology Business Incubator [RTBI] & was founded by an experienced group of industry experts, including IIT-Madras and IIT-Kharagpur alumni, with over 18 years of Industry experience across Wipro, Nortel, Ericsson, Alcatel-Lucent, AT&T, Vodafone etc.

Stellapps is India’s first dairy technology solutions company, building automation tools integrated with cloud, mobility, and data analytics for dairy farms, cooperatives, and private dairies.

About Venkatesh Seshasayee
Venkatesh Seshasayee, co-founder, Stellapps Technologies, is a Computer Science and Engineering graduate from UVCE, Bangalore. Prior to co-founding Stellapps, Venkat was with the Telecommunications Group in Wipro where he was a solution architect for Multimedia and Next Generation Communication Networks and Applications and has deployed Service Delivery Platform solutions in large telecom networks. In Stellapps, he likes to get deeply involved in the Dairy domain, and works on various aspects of the farm automation and animal recording to roll-out Stellapps’ SmartMoo solution.