The prize comes as an investment – a 10% equity stake – in Mapian, Inc., a mobile map-based social networking platform. LaunchPad is a TV program not unlike Dragons’ Den, where entrepreneurs compete for a cash prize and investment into their company. LaunchPad is a Toronto-based TV program, specifically geared towards helping Tamil entrepreneurs across North America, as they pitch their ideas and launch their businesses.
Mapian is a unique social networking platform that uses digital maps to orient its users to events going on around them. And with the iOS platform completed and Android just around the corner, Ravi plans for a launch this early Summer that will see the social platform take flight.