Entrepreneur- 7th October 2020
Over the years, India has emerged as one of the top technology startup hubs in the world. Marquee global investors have pumped billions of dollars in Indian startups as they set out to solve some of the prevalent pain points of one of the fastest growing economies in the world. The Indian government has also taken many initiatives to support the country’s startup ecosystem and now with ‘Vocal for Local’ more startups are emerging stronger. To recognize and commemorate the new-age enterprises in the country, the government today declared the results of National Startup Awards 2020.
Those startups that are recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), have a product in the market, have all trade-specific registrations and no defaults in audited financial statements were eligible to participate.Incubators and accelerators will get INR 15 lakh as the winning amount. Congratulating all the winners, Union Minister of Railways and Commerce & Industry Piyush Goyal said “ Startups are going to be truly evolving rapidly to take the benefit of technology to the rest of India and help people in the country build up their skills, improve quality of goods & services & achieve scale.” He also said that this is an opportune time for youth of this country to move away from being job seekers to become job creators.
Here is the list of winners across 12 sectors
Industry 4.0 Startups
2. Minion Labs India Private Limited - They help businesses to reduce their electricity costs and improve their productivity by providing real-time device level electricity consumption insights using a smart energy device delivered through its Analytical platform.
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MinionLabs is the World Leader in Energy Efficiency for Cities, Businesses, and Consumers for the Internet of Things. Our Artificial Intelligence-based products, systems, and services enable our users to be energy efficient, reduce carbon footprint, prevent climate change and make people’s lives safer and comfortable, and businesses more productive and cities more livable in a sustainable way. Visit us at www.minionlabs.tech