News Update
Govt Launches 6 Tech Innovation Platforms For Globally Competitive Manufacturing
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ByStartupStory | July 2, 2021
The government on Friday has launched six technology innovation platforms that will focus on the development of technologies for globally competitive manufacturing in India. This will help in the development of the key ‘mother’ manufacturing technologies’ indigenously through grand challenges on the platforms.
Minister of Heavy Industries and Public Enterprises Prakash Javadekar said that “these platforms will help in bringing all India’s technical resources and the concerned industry on to one platform to kick start and facilitate identification of technology problems faced by domestic Industry and crowdsource solutions for the same.”

These platforms will facilitate industry, including OEMs (original equipment manufacturers), start-ups, domain experts/professionals, Tier 1, 2, and 3 companies and raw material makers, R&D institutions, and academia to provide technology solutions, suggestions, and opinions on issues involving manufacturing technologies, the ministry said. Further, it will facilitate the exchange of knowledge with respect to research and development and other technological aspects.Over 39,000 students, experts, institutes, industries, and labs have already registered on these platforms.The platforms have been developed by IIT Madras, International Centre for Automotive Technology(iCAT), Central Manufacturing Technology Institute (CMTIAutomotive Research Association of India (ARAI), BHEL and HMT in association with IISc Banglore.
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Clean-label food brand Anveshan has raised Rs 150 crore (nearly $16 million) in a Series B funding round led by Vertex Ventures Southeast Asia & India. The round also saw participation from International Finance Corporation (IFC), Swiggy co-founder Sri Harsha Majety, and existing investors including Wipro Consumer Care Ventures, Titan Capital Winners Fund, Force Ventures, and boAt co-founders Aman Gupta and Sameer Mehta. Entrackr had exclusively reported the development last week. According to Entrackr’s estimates, the funding valued the company at over $90 million. The fresh capital will be used to strengthen manufacturing capabilities, accelerate product development, expand offline distribution, and deepen its digital presence. The company also plans to invest in sourcing infrastructure, procurement systems, quality assurance, and testing capabilities while expanding partnerships with micro entrepreneurs and traditional producers. Founded in 2020 by Kuldeep Parewa, Akhil Kansal, and Aayushi Khandelwal, Anveshan sells minimally processed food products including A2 bilona ghee, cold-pressed oils, raw honey, atta, and other traditional nutrition-focused products. The startup operates through a network of rural producers and micro entrepreneurs across the country. Anveshan claims to be operating at an annual revenue run rate of Rs 280-300 crore and is targeting Rs 1,000 crore in revenue over the next 24-30 months. The company plans to expand its atta portfolio, strengthen its owned digital channels, scale offline distribution, and continue investing in product innovation. For the fiscal year ended March 2025, Anveshan reported a 64.6% increase in operating revenue to Rs 77.08 crore from Rs 46.84 crore in FY24. Its losses widened to Rs 11.88 crore in FY25 from Rs 5.74 crore in the previous fiscal year....
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