Malaysia’s FanXT waved high Jalur Gemilang at Asia Level Business Competition in India

On March 2, 2012 – FanXT has made Jalur Gemilang flying high in the land of India by emerging as the champion at the TiE Global All Asia Business Plan Competition (AABPC) in New Delhi beating over 1200 participants all over Asia Pacific and 34 other teams on Saturday, 11th February 2012. FanXT is a fantasy sports brand created by Just Mobile Sdn Bhd, a Malaysian technology company.

FanXT presented a winning business plan on a fantasy sports game which aims to be the worldwide leader in fantasy sports.

This year’s first annual competition brought in over 1,200 applications from 13 participating chapters from across the world. The All-Asia Finals took place February 10-11th in New Delhi, India. The competition began with a semi-final round consisting of 33 teams presenting to 2 distinguished panels of judges and were narrowed down to six. On the second day during the final round, these six teams presented to a new jury. One of the main judges is Gautam Gandhi, New Business Development at Google

On the success of the event and congratulating the teams, Mr. PK Agarwal, CEO, TiE Global, said “It is rewarding and exciting to see the enormous talent being generated in Asia. We witnessed, first hand, the making of the Asian Century.”

FanXT team who presented an excellent and promising business plan emerged as the winner and was presented with the Asia Rising Star award of Rs. 1 lakh (approx. RM 6,000) and also guaranteed a place at the Rice University Business Plan Competition on April 12-14, 2012 with all paid expense. It is the largest and richest business plan competition in the world, hosted at Rice University in Houston, Texas.

This event was organised by TiE New Delhi, one the most active TiE chapters around the world. “We would like to congratulate TiE New Delhi on organising such a momentous competition and being the first to win this competition, we could not have asked for more”, said the founder of FanXT, Melvin Wong.

About FanXT
FanXT is a fantasy sports brand created by Just Mobile Sdn Bhd, a Malaysian technology company. It offers variety of fantasy sports games like Fantasy English Premier League, Fantasy Euro 2012, Fantasy F1 and more. Our fantasy sports application runs on web, mobile, Facebook, iPhone, Android and soon Smart TV.

About Just Mobile
Just Mobile Sdn Bhd is a Malaysia MSC-status company with 6 years of experience in mobile app development on iPhone, Android, Blackberry, Nokia Widget, Java, WAP and SMS. Just Mobile has developed over 40 mobile apps and these apps are distributed across the world, especially in U.K, U.S, Europe, Australia, Middle East, Vietnam, Singapore and Malaysia

About RICE University All Asia Business Plan Competition
The Rice University Business Plan Competition is the world’s richest and largest business plan competition. The competition is designed to give entrepreneurs a real-world experience to fine tune their business plans and elevator pitches to generate funding to successfully commercialize their product.

About TiE
The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. There are currently 15,000 members, including over 2,500 charter members in 57 chapters across 14 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education.

About TiE Delhi – NCR
TiE Delhi- NCR is one of the largest and the most active chapters worldwide. With several accolades, recognized as the best performing TiE chapter globally, TiE Delhi – NCR has been creating powerful opportunities for its members with over 65 events annually including mentoring clinics, seminars, focused workshops, networking evenings.