In case you didnt get a chance to take a peek at the TC50 startups, here’s one finalist that presented yesterday – iMo. iMo is a 2 person startup from India and develops an iPhone/iTouch app that transforms your iPhone into a joystick. You can then use it to control gameplay.

One of the best things was their presentation. If you havent gotten a chance to view it, I’ve embedded it below – Himanshu, one of the founders changed outfits from F1 racer to a pilot and finally coming close to whacking a judge with a baseball bat. Absolute must watch.

On the heels of the Mint acquisition, a Bangalore based startup – Perfios – is hoping to replicate some of that success in the Indian market. Perfios is a web based app that helps you consolidate your financial information and provide a single point of view and insight into your finances. You can import data from different sources – for example, import info from your bank accounts, credit cards, mutual funds, equity etc. into Perfios and it helps you monitor and analyse your finances from a single dashboard.

Needless to say, the service has great value (as validated by the Mint acquisition). There might be an initial hurdle of getting users (mainly due to apprehension on part of the users to trust the service), but as users get more comfortable, I do think that Perfios has some solid potential.

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MeraMaal is a new site, attempting to gun for the Craigslist of India. It has the usual fare that you’d expect from a classifieds site with various sections categorized by different Indian cities.

While launching a classifieds site isnt too difficult, the main challenge they will have in execution – how to attract users to post classifieds. Currently, they have very few listings on the site and till they solve the classic ‘chicken and egg’ problem, they’d fast fade into oblivion (as is the case with any classifieds site).

EduCell is a startup founded by IIT currently enrolled IIT students with the goal of mentoring students who hope to ‘crack the IIT- JEE’ exam. Around 200 IIT students provide mentoring sessions to IIT aspirants and guide them through their preparations. The USP being that having ‘been there, done that’ in the recent past, they’re in a much better position to guide and mentor other students.  All registered students get personalized guidance from current IIT students and also are provided with sample tests, study material and motivational CD’s.  You also get notes used by JEE toppers, with the hope that the notes help you to score well at the JEE.

Other features on the site include tips-tricks via mobile, video sessions by IITians, live chat with IIt students and discussion forums.

I think this is an amazing idea – with their unique USP, they definitely have the ability to stand out in a crowded market. The market size for IIT-JEE preps is huge – and even if they make a tiny dent in it, they stand to make some solid gains of it.

I guess some from the IIM’s needs to get inspired and needs to port over this brilliant idea to the CAT exams as well — I’d say that’d be an even bigger success story (I believe CAT exam market / test preps is more larger and lucrative – but dont quote me on it).