One of my portfolio (Mentee) companies which is in the mobile space has executed a contract in the middle east and is in the midst of advanced discussions with various potential customers in multiple sectors. They are just completed their 1st year of operations. They have been profitable from day one and are poised to enter the 2nd year of operations in a positive frame of mind. They have been getting huge enquiries for their product.

Another company in the Cleantech space has bagged a runner-up prize in the recently held business plan competition in one of the prestigious B schools in town.

Hopefully there would be more info to share in the near future.

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