Lumis Partners’ portfolio companies make it to prestigious global TiE50 list

0

Delhi. 18.05.2022. Lumis Partners-backed Eunimart and Emoha won their places in the TiE50 list announced at TiECon 2022. TiE50 is TiE Silicon Valley’s premier annual awards program, keenly contested by thousands of early to mid-stage startups worldwide.

Emoha is a tech-enabled eldercare startup, and Eunimart is a major e-commerce enabler. As a result of this win, both Eunimart and Emoha will now have access to funds allocated by TiE, greater mentoring and networking opportunities with VCs, angel investors, and some of the greatest minds in Silicon Valley. Additionally, the TiE50 Awards will provide the startups with a one-of-a-kind showcase opportunity amongst the world’s top technology and technology-enabled startups. About 84% of TiE50 winners to date have been funded at a total of over $1 billion and many of these startups have been acquired or raised IPO with 29 of the exits at over $100 million.

Commenting on the win, Shayak Mazumder, CEO & Co-Founder, Eunimart, said, “Winning a position in the prestigious TiE50 lists has reiterated our belief in our mission towards simplifying global commerce for MSMEs while establishing omnichannel experiences for large enterprise customers. This milestone has indeed motivated us to continue to bring scalable solutions to the community and empower them via technology integration.”

“It is an immense honour to be part of the TiE50 list. To have our efforts being recognised by such an esteemed platform is definitely a confidence boost for our entire team. We are excited to further revolutionize elder care in India and provide quality care for our dear elders using the best of technology and deep care protocols,” said Saumyajit Roy, Co-Founder & CEO, Emoha Elder Care.

TiECon is the flagship event hosted by TiE (The Indus Entrepreneurs). Since its inception 25 years ago, TiE Chapters around the world have become a vibrant platform for entrepreneurs, professionals, industry leaders, and investors to interact with one another & forge long-lasting relationships. The TiE50 awards advocates for TiE’s ultimate goal to foster entrepreneurship, creating wealth for both the entrepreneur and the local communities.