It took him two years to perfect algorithms that allow rich content to be streamed on low bandwidth. But just twelve weeks into the commercial launch of the product, vMukti, the Ahmedabad-based start-up cofounded by Hardik Sanghvi has raked in eight enterprise customers. "These are customers who have signed on for two to five year contracts," says Sanghvi who will use this product to beam e-learning content to remote learning centres primarily in Gujarat and Rajasthan.

On the first day of EmTech, the emerging technology conference hosted by Technology Review, published by Technology Review, an independent media company owned by the Massachusetts Institute of Technology , Sanghvi emerged as one amongst 20 Indians below the age of 35 who were honoured for their innovations in fields ranging from biotechnology to the arts and entertainment, software development to semiconductors , transportation, energy and new materials research.