Belagavi based ecommerce firm ‘Homeomart‘ won the first edition of KEONICS iCMG Start-up awards 2016.
This award is initiated with the idea to honor entrepreneurs & enterprises whose work demonstrates a combination of talent, vision & workmanship, which are creating successful and enduring products, services & enterprises.
The award was presented in a glittering ceremony at Hotel Le Medidian in Bengaluru recently by Anurag Batra, chairman & editor-in-chief of Business world and MD of KEONICS. Leading companies from India and abroad like ICICI Bank, NSE, Dubai Customs, Saudi Aramco, IBM, HP (USA) were presented IT awards in various categories.
Vasant Prabhu, Co Founder at SiddMed eHealth Pvt Ltd which owns “Homeomart” speakling to AAB said,
“I am very delighted that our startup has been recognized and our efforts are paying out. Even from Belagavi such Ecommerce ventures can be started and sustained.”
Homeomart has quickly scaled up its online presence through Search engine optimization and established itself as the leading player in alternative medicine (online homeopathy). The firm which is headquartered in Belagavi, gets over 300000 page hits (views) every month from 75000+ visitors every month from across the Globe. The firm processes homeopathy orders from India and abroad, it ships to US & UK on a daily basis and has tied up with Fedex, Aramex etc. It plans to open ‘homeomart’ stores (branded homeopathy brick-n-mortar shops) across India by leveraging its strong online presence. It is currently clocking a Business turnover of approx 1.2 crores and is rapidly scaling up.
About: ICMG awards every year top global companies for excellence in a variety of formats and categories (different IT architecture frameworks, architecture styles and problems etc.). Companies like Saudi Aramco, Air Canada, World Bank, IBM , NSE, ICICI Bank were some of the awardees in 2016. This year they added another award for ‘Start-Ups’ in association with KEONICS .
KEONICS & iCMG Start-up Awards 2016 is initiated with the idea to honor entrepreneurs & enterprises whose work demonstrates a combination of talent, vision & workmanship, which are creating successful and enduring products, services & enterprises.
Evaluation process: The firm was evaluated by a core committee in the first round of competition. The entries which qualified on the initial criteria were moved to second round. In the second round submissions were reviewed by jury members independently and their scores determined the finalists in each category. In the third round, top 3 nominations were identified based on the combined scores of the jury members. In the final round a video interaction took place between the jury members and leaders from the finalist company. The combined scores of jury members determined the Winners in each category.