mChek bags the prestigious TiE-Lumis Partners Entrepreneurial Excellence Award

22 September 2009

New Delhi.

'Award recognizes the spirit of entrepreneurship and applauds companies who have braved the odds to make a mark with their start-ups'

mChek (www.mchek.com), India’s leading mobile payment solutions provider, has been awarded the prestigious TiE-Lumis Entrepreneurial Excellence award. The award aims to recognize and applaud the entrepreneurs and startups that have braved the odds and made a mark in the industry.

This is latest in a series of prestigious awards that the company has bagged for innovation and entrepreneurial excellence. Some of the other awards include the Global Red Herring 100 Award – 2008 and Voice and Data Technovator of the year award-2009. Additionally the mChek on Airtel service was awarded the best solution in customer care and billing at the GSM Association’s Mobile World Congress in Barcelona, 2008.

On winning the TiE Entrepreneurial Excellence award, Mr. Sanjay Swamy, CEO, mChek said “Mobile Payments are still at an early stage – however we have received tremendous support from industry leaders, notably Airtel, Visa and ICICI Bank, that has helped us accomplish some key early milestones in India. The award is significant as it recognizes the effort put in by the mChek team and our partners in building a mobile payments product which competes with the best on a global stage.”

Out of over 100 entries that were received from across different cities in India, six were short listed to present their plans before a significant audience of potential mentors, investors, corporate partners and the jury at TiEcon Delhi 2009. The entries were evaluated on several parameters such as an innovative business model, growth potential, and a sound revenue model together with the traction witnessed from customers by a jury comprising of veteran entrepreneurs and professionals from TiE and Lumis Partners.

About mChek

Bangalore-based mChek (www.mchek.com) provides patent-pending, mobile-based, security and payment services enabling users to transact through their mobiles for wide-ranging day-to-day requirements including payment of utility bills, insurance policies, movie & travel ticketing, prepaid recharge and post-paid bill payment. Consumers can sign up at www.mchek.com or by sending sms ‘AIRTEL’ to 543219 (toll-free) from their Airtel phones.

mChek's Certification

ISO 27001
PCI-DSS 1.2

mChek's Awards

GSMA Global Mobile Awards, Barcelona, 2008
- Best Billing & Customer Care Solution
- Juror’s Quote: “For all those who thought mobile commerce was a pipe dream, mChek on Airtel has just shown the way to do it. The cashless society is here and it has gone mobile”
Global Red Herring 100 Award – 2008
Voice and Data Technovator of the year award-2009

For more information, visit www.mchek.com or write to This e-mail address is being protected from spambots, you need JavaScript enabled to view it or call +91-80-41795900.