Commerce and Industry Minister Piyush Goyal today released the results of the first edition of National Startup Awards in New Delhi. The Awards were given in 12 different sectors which include Agriculture, Education, Enterprise Technology, Energy, Finance, Food, Health, Industry and Urban Services.
The award in the category of Agriculture Productivity was given to Nava Design and innovation private limited, while in the post harvest, Agriculture category, the award was given to Intello lab private limited. In clean energy sector, Aloe E cell private limited received the award. Under the Satellite technology sector the award was given to Bellatrix Aerospace private limited.
Speaking on the occasion, Mr Goyal said, these awards will generate a lot of excitement and enthusiasm among young entrepreneurs engaged in setting up new innovative ideas through startups. He said, this award function is special because it is recognizing new ideas, innovations, new ways of work and things which have never been embarked upon before. The Minister said, this ceremony is a recognition and celebration of this new ecosystem which is being developed. The Minister said, India today boasts the 3rd largest Startup Ecosystem in the world with 21 unicorns and over 50 billion dollar raised in terms of Startup Capital Support in the last five years.