**Meta:** Marico Innovation Foundation sees a surge in applicants for innovation awards. Discover the latest trends in technology-based innovations.
**Content:**
### Marico Innovation Foundation Awards: A Surge in Applications
**Who:** Marico Innovation Foundation, led by Harsh Mariwala
**What:** Increased number of applicants for innovation awards
**When:** March 10, 2025
**Where:** India
**Why:** To recognize innovative ideas and advancements in technology
The Marico Innovation Foundation, established two decades ago, has experienced a remarkable increase in applicants for its innovation awards. This year, the foundation received 1,200 applications, a significant jump from 700 in the previous edition. Harsh Mariwala, the founder, noted a shift towards technology-driven innovations, particularly from deep tech startups. He emphasized that artificial intelligence is poised to be a transformative force in the coming years.
### Notable Winners in Business and Social Categories
– **Business Category Winners:**
– **Astrome Technologies:** Enhances wireless telecom services in rural areas.
– **Chara Technologies:** Develops electric motor systems for EVs without rare-earth magnets.
– **Indra Water:** Implements decentralized water treatment systems for recycling wastewater.
– **Skyroot Aerospace:** Offers cost-effective access to space for satellite operators.
– **Social Category Winners:**
– **AssisTech Foundation:** Incubates innovative technology startups for disabilities.
– **Rocket Learning:** Focuses on improving early childhood education by upskilling Anganwadi workers.
– **People’s Archiv:** Aims to enhance creative documentation for better accessibility.
After reviewing the applications, the foundation selected seven winners, believing they will significantly influence both the business and social sectors in India. Mariwala stated, “We are trying different ways to create impact. Ultimately, the whole objective to create impact, innovation has to have an impact.”
### Conclusion
As the Marico Innovation Foundation continues to evolve, the increasing focus on technology-based innovations highlights the changing landscape of Indian entrepreneurship. What innovative ideas do you think will emerge in the next edition of the awards?
**FAQs:**
**Q: What is the Marico Innovation Foundation?**
A: The Marico Innovation Foundation is an initiative aimed at recognizing and promoting innovative ideas in India, established by Harsh Mariwala.
**Alt Text:** Marico Innovation Foundation awards ceremony recognizing innovative startups.
**URL Slug:** marico-innovation-foundation-awards-2025
