SoC Start-up Clinches Grand Prize in National Entrepreneurship Competition

SoC graduates Varun Chatterji, Rishi Israni and Indradeep Biswas must be rather proud of their achievements over the past year: Their start-up company, tenCube, which is currently being hosted at the SoC Incubation Centre, has won the grand prize in the 7th Startup@Singapore Business Plan Competition.  It is the latest in a series of achievements chalked up by the start-up, founded by the three SoC alumni and fellow NUS graduate Darius Cheung from the Engineering faculty.

Jointly organised by NUS Entrepreneurship Centre, NUS Business School Alumni Association and NUS Entrepreneurship Society, the competition is targeted at aspiring entrepreneurs. Participants submit business plans which are then assessed for their merit by a panel of judges comprising successful entrepreneurs, business angels, finance/legal professionals and educationists.

As top winner in the competition which concluded in June 2006, tenCube walked away with S$30,000 plus the Lenovo Technlogical Invention Award. The win is another feather in tenCube’s cap. Earlier, in February 2006, WaveSecure, the anchor software of tenCube, was voted among the top 10 wireless products in the Asia-Pacific by Frost & Sullivan, a global growth consulting company.

WaveSecure is a software product that allows individuals and companies to keep mobile phones and the data stored in them secure from unauthorised use. It started off as a hobby project, built on an idea conceived after one of the tenCube founders lost a new mobile phone. It has since been featured in various technology showcases, and also garnered the support of the Singapore Police Force in a product trial.

Find out more about tenCube at: http://tencube.com/corp/component/option,com_frontpage/Itemid,1/