Medixine wins Mahindra Group’s 200,000€ innovation prize

mahindra-avatar-hunt-medixine-winner

Mahindra Group Chairman Anand Mahindra, Medixine’s CEO Tapio Jokinen CTO Otto Teinonen.

The Indian Mahindra Group held its annual M101 Senior Leaders Conference this year in Helsinki. Prime minister Juha Sipilä participated in the event. Mahindra Group is a 19 B USD federation of companies having 200,000 employees out of which 1400 in Finland.

The M101 conference was an opportunity for Mahindra to tap into the dynamic Finnish innovation and start-up eco-system with Avatar Hunt, a unique search for the next big idea, a new and radical ‘avatar’ of business with potential for future growth. “Our intent is to leverage the strengths of this unique eco-system to help us discover the next big ideas and business models which will help us leverage the forces of disruption to create new opportunities for the Group in the future,” said Anand Mahindra, Chairman, Mahindra Group.

Seven Finnish startups and growth companies had been selected to the competition from a group of 74 pre-screened companies. Medixine won the competition and received a prize and an investment of 200,000€ from Mr Anand Mahindra.

“We are proud and honoured of this prize reflecting the hard work that the Medixine staff has done to create a global opportunity for Finnish healthcare technology”, said Tapio Jokinen, CEO of Medixine.

 

Mahindra Group’s press release

Finpro press release

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