Three Indians ring NASDAQ closing bell
New York: Three Indians, who won the
inaugural NYC BigApps competition hosted by mayor Michael
Bloomberg earlier this year, rang the ceremonial closing bell
at the Nasdaq this week.
Archana Patchirajan, Puneet Mehta and Sonpreet Bhatia won
the NYC BigApps Competition award, for inventing most useful,
inventive, appealing, effective, and commercially viable
application for delivering information from the City of New
They created MyCityWay apps on the mobile device that
provides information for over 50 resource categories in the
city - including restaurants, nightlife, hotels, traffic,
public transport, safety and green efforts. The application
was a big hit in the city-wide competition, following which
the trio have now founded their own company, MyCityWay.
"As a startup company, we are delighted to be building a
product that will enable the creation of smarter cities -
cities that allow active interaction with residents and
visitors through our apps", said the company co-founder and
MyCityWay has gained presence in 10 cities, including
Boston, Chicago, Los Angeles, San Francisco, Washington, DC
and London, and plans to expand in over 40 cities in the next
4 months, according to the founder group.
"We are being contacted by different cities to build
similar one-stop apps to help locals and tourists alike", said
"Police departments from a couple of cities are seeking
our help to include relevant safety tips from them within our
city based apps", she added.
MyCityWay apps are currently made for Apple and Google
mobile platforms and are currently available for downloads for
iPhones, iPads and all Android-based phones.
"You can easily plan your vacation in New York city using
the application on a flight in offline mode", said Puneet
All the three co-founders, who have now quit their jobs
to focus on their new venture, moved to the US about this
decade. Patchirajan moved to the US in 2004, and has held
senior technology roles with Wall Street firms before taking
up this new venture.
Similarly, Bhatia moved to the US in 1999 and has worked
as a Vice President with Merrill Lynch. Mehta migrated to the
US in 2000 and worked in senior technology roles with Wall
Street firms before his tenure as Senior Vice President with
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