Perkant Tech, inventors of a leading AI-enabled med-tech Multi-disease Prognostic Health Platform, has raised INR 6.6 Crore in a seed funding round led by YourNest Venture Capital. This round includes contributions of INR 5 crore from YourNest, INR 1 crore from the Government of India’s Atal New India Challenge (AIM, NITI Aayog), INR 35 lakh from Villgro Foundation, and INR 25 lakh from the accelerator Sanchi Connect, who partnered with YourNest in its Velocity fast-track funding program.
Indore-based Perkant Tech was founded during COVID-19 in 2020 by Lokant Jain and Saniya Jeswani, two young engineers in their final year of college. It offers a medical device with an exclusive suite of AI-augmented health solutions which empowers individuals and healthcare providers with real-time, predictive health insights, ranging from preventative screenings to comprehensive monitoring. This sustainable, upgradable platform redefines healthcare with precision, adaptability and scalability, bridging critical gaps in accessibility and supporting a future of equitable healthcare for all.
This investment will enable Perkant Tech to enhance its AI-powered prognostic technology, accelerate the R&D efforts and support market expansion and customer acquisition strategies as the company gears up for its commercial launch following successful pilots with world-class partners. Additionally, the funds will also be allocated towards technology upgrades and software development to ensure seamless integration, real-time updates, and personalized health insights, preparing the company’s solutions for widespread adoption.
Saniya Jeswani, Co-founder & CEO of Perkant Tech, said,“This investment marks a pivotal step in a journey that began for Lokant and me in our early twenties, driven by a vision to make healthcare truly proactive and universally accessible. With this support, our dedication to advancing prognostic technology reaches new heights. We are fuelled by a passion to deliver predictive health insights that empower individuals everywhere—even in the remotest corners of the world. This isn’t just an investment in technology; it’s a commitment to a future where accessible, life-enhancing healthcare is within reach for all.”
Dr. Vivek Mansingh, General Partner of YourNest, said, “We are excited to back Perkant Tech as they revolutionize healthcare accessibility. Their innovative, AI-powered health screening device addresses a critical need with unmatched scalability and affordability, and we are confident in their ability to drive significant impact and growth in the healthcare sector.”
Perkant Tech holds a granted Indian patent (Application: 526020) and a pending U.S. patent (Application: 18/033,887) for an advanced apparatus designed to measure and acquire distress data from the human body, encompassing both psychological and physiological indicators. Aligned with the government’s National Digital Health Mission (NDHM), Perkant Tech’s integrated platform of measures tracks and analyzes essential health vitals, redefining primary and preventive care delivery across rural and urban deployments. At the heart of this suite is Perkant Tech’s flagship invention,Abhay Parimiti—patented in India and the US—which provides automated health assessments in under 60 seconds, making healthcare insights accessible, rapid and impactful.
Perkant Tech’s system serves as a digital doctor for India, powered by patented AI-driven multi-disease prognostic technology, bridging healthcare gaps in underserved regions where medical infrastructure and personnel are scarce. The key focus areas include advancing product research and development to maximise the capabilities of its health monitoring systems. The startup aims to expand beyond core metrics such as cardiac and respiratory health, delving into specific disease detection, early onset identification and recovery tracking. Its vision is to develop technology that serves as an early-stage indicator for conditions traditionally requiring invasive testing, pushing the boundaries of non-invasive health monitoring.
About Perkant Tech
Founded by two visionary engineers in their final year of engineering, Perkant Tech emerged from a mission to revolutionise healthcare through technical expertise and the founders’ innovative perspective. Today, Perkant Tech has evolved into a pioneering medical device company with an exclusive suite of AI-augmented health solutions engineered to deliver precision-driven healthcare even in the most resource-constrained settings. Recognised among the top 50 healthcare startups by AIM, NITI Aayog and acclaimed by global entities such as WHO (World Health Organization), Perkant Tech has quickly distinguished itself as a high-impact startup.
Its health suite is engineered to disrupt conventional health screening, monitoring and surveillance paradigms, ushering in a transformative approach to cardiac, respiratory, and comprehensive health assessment. Anchored by internationally patented technology, this suite integrates an advanced health monitoring system capable of capturing over 700 biomarkers for high-accuracy, early-stage disease risk assessment. Alongside this, an IoT-integrated interface offers seamless operability, democratising health data and delivering contextualised health insights. This unified hardware-software ecosystem leverages high resolution biomarker analytics with predictive AI, establishing a cutting-edge early-alert system for cardiac, respiratory and general health conditions. Through proprietary algorithms and patented methodologies, Perkant Tech is redefining health screening and monitoring with a robust, scalable, AI-powered prognostic platform for multi-disease risk prediction
About YourNest
YourNest, established in 2011 as a technology-focused Pre-Series A fund house, has pioneered investing in DeepTech and IP-led product innovations. Focused on emerging technologies to enhance the way mankind leverages the value of time, YourNest Innovative Products VC Fund III aims to create an opportunity for Indian entrepreneurs to scale into global markets. Many of YourNest’s portfolio companies across its three funds have secured patents and attracted Fortune 500 Companies as customers. In its first Fund, YourNest has provided a DPI of 1.9x with five complete exits and one partial exit. Its second Fund is fully invested with one full exit and two partial exits. YourNest’s funds consistently feature amongst the best-performing AIFs as per the CRISIL AIF Performance Reports.
About Sanchi Connect
Sanchi Connect is a leading accelerator and community for DeepTech startups, investors, mentors and key stakeholders. Backed by Baring PE partners and prominent VCs and headquartered in Noida, the company has invested in IP-led pre-seed startups earlier through its thematic accelerator cohorts, and also serves multiple corporates in managing their startup-centric programs and open innovation needs.
Following the imposition of reciprocal tariffs of 26% by the United States, India’s stock plummeted on April 3. U.S. President Donald Trump imposed a 26% reciprocal duty on India on 2 March as part of his plan to impose a 10% baseline tariff on all trade partners from 5 April. Further, he also imposed greater tariffs on dozens of other countries, including 34% on China from April 9. China’s major indices dropped 1.5%, while Thailand and Vietnam saw declines of 1% and 6.1%, respectively. While small-cap stocks increased by 0.2%, the Indian mid-cap index fell by 0.2%. Although analysts pointed out that the reciprocal tariffs are lower than those imposed on Asian exporters like China, Vietnam, and Thailand. This advantage may give India a competitive edge. Experts further stated that the immediate impact on Indian markets is negative due to worries about global trade and growth.
India’s Pharmaceutical Sector Exempted From Trump’s Reciprocal Tax
In his “reciprocal tariffs”, Trump exempted imports of energy, pharmaceuticals, and some minerals. This move is expected to provide India’s generic drug industry a reprieve. In an information sheet, the White House stated that the Reciprocal Tariff would not apply to certain products. These include (1) items covered by 50 USC 1702(b); (2) steel/aluminum products and automobiles/auto parts already subject to Section 232 tariffs; (3) copper, semiconductors, pharmaceuticals, and lumber products; (4) any and all items that could be subject to Section 232 tariffs in the future; (5) bullion; and (6) energy and other specific minerals that are not available in the United States.
US Tariffs don’t have as Much of an Impact on India: ASSOCHAM President Sanjay Nayar
According to ASSOCHAM president Sanjay Nayar, the United States’ tariffs are not having a significant negative impact on India. ASSOCHAM’s Nayar emphasised that the Indian economy is more inward-looking than its peer Asian markets. Nayar stated that he believes India is not as severely affected by the tariffs; while the 26% tariff figure may seem high, it appears to be less so when compared to other Southeast Asian nations. Other significant nations with import duties include China (34%), the European Union (20%), Vietnam (46%), Taiwan (32%), Japan (24%), India (26%), the United Kingdom (10%), Bangladesh (37%), Pakistan (29%), Sri Lanka (44%), and Israel (17%). Steel, aluminium, and auto-related products will be subject to a 25% tax under the imposed duties, whereas pharmaceuticals, semiconductors, copper, and energy products would not be subject to any tariffs. The analysts claim that the tariffs placed on Indian goods going to the US pose a dilemma for the country’s manufacturing industry.
Endorsements are a type of advertising that employs well-known personalities or celebrities who have a high level of public recognition, trust, and respect. Such people promote a product or service by using their names or photos for a brand. Advertisers and clients hope that a celebrity’s approval or endorsement will sway purchasers in their favor.
Ravindra being a sportsman, has an energetic and appealing personality. He is known to have a huge fan following because of his great performance in sports. All such attributes make him a perfect choice for brands to promote their products or services. The following are the popular brands endorsed by Ravindra Jadeja:
Dream11
Dream11 – Ravindra Jadeja Brand Endorsement
Indian all-rounder Ravindra Jadeja has teamed up with Dream11, and the partnership is as electrifying as one of his diving catches! Ravindra Jadeja, renowned for his dynamic presence on the cricket field, has extended his influence into fantasy sports by collaborating with Dream11.
This partnership aligns Jadeja’s on-field prowess with Dream11’s platform, offering fans an immersive cricketing experience. In a notable Dream11 advertisement, Jadeja teams up with Bollywood actor Ranbir Kapoor in a humorous attempt to outwit Aamir Khan.
By featuring Jadeja, Dream11 bridges the gap between professional cricket and fantasy sports, enhancing user engagement and bringing fans closer to the game they love.
VTEX Global
VTEX – Ravindra Jadeja Brand Endorsement
Ravindra Jadeja has recently partnered with VTEX, a leading enterprise digital commerce platform. This collaboration aims to inspire bold leadership in both cricket and commerce, emphasizing shared values of courage and precision.
Jadeja’s versatility on the cricket field mirrors VTEX’s comprehensive approach to digital commerce, making this partnership a natural fit. The alliance seeks to set new benchmarks for high performance and innovation, encouraging leaders to excel under pressure.
Ravindra Jadeja has been appointed as the brand ambassador for AS-IT-IS Nutrition, a leading name in the health and fitness industry. He is known for delivering high-quality, unadulterated nutritional supplements. AS-IT-IS Nutrition aims to empower individuals to achieve their fitness goals.
The partnership between Ravindra Jadeja and AS-IT-IS Nutrition is poised to inspire individuals from different backgrounds to prioritize their health and well-being, announcing the brand’s commitment to promoting a healthy and active lifestyle.
Varni
Varni – Ravindra Jadeja Brand Endorsement
Indian cricket sensation Ravindra Jadeja has teamed up with Varni, a leading mobile accessories brand, as their official brand ambassador. This collaboration marks a significant milestone for Varni, aligning the brand’s commitment to innovation and excellence with Jadeja’s dynamic and energetic persona.
The partnership with Ravindra Jadeja is expected to enhance Varni’s visibility and appeal, leveraging Jadeja’s widespread popularity and credibility. Jadeja’s association with Varni is anticipated to attract significant attention, further solidifying the brand’s position in the market.
Indian cricket’s dynamic all-rounder, Ravindra Jadeja, has been named the brand ambassador for Bharathi TMT Steel Bars, marking a collaboration that embodies strength and versatility. Bharathi TMT, renowned for its high-quality steel products, draws a parallel between Jadeja’s multifaceted cricketing prowess and the robustness of its steel bars.
This partnership underscores Bharathi TMT’s commitment to excellence, much like Jadeja’s consistent performance on the field. The company has recently achieved significant accolades, including the GreenPro certificate, the Super Indian Brand Award, and the British Standard certificate, reflecting its dedication to superior quality and sustainability.
Hisense India
Hisense India – Ravindra Jadeja Brand Endorsement
Cricketing dynamo Ravindra Jadeja has joined forces with Hisense India, stepping in as their brand ambassador for TVs, ACs, and refrigerators. Just like his all-round brilliance on the field, this collaboration is all about power, precision, and performance, qualities that define both Jadeja and Hisense.
With this partnership, Hisense is set to strengthen its presence in India, tapping into Jadeja’s immense popularity and trust among fans.
Indian cricket sensation Ravindra Jadeja has joined forces with Caltex Lubricants, embodying the brand’s tagline, “Caltex Yaani Commitment.” This collaboration wants to utilize Jadeja’s immense popularity and unwavering dedication to cricket to enhance Caltex’s presence in the Indian market.
Echoing this sentiment, Jadeja remarked, “I am excited to be associated with Caltex, a brand that stands for commitment and its all-around features. I look forward to building recognition for Caltex Lubricants and their unmatched performance, encouraging consumers to make the right choice for their vehicles.”
The most popular Indian cricketer, Ravindra Jadeja, has taken on the role of Sports Advisor at Sharanalaya World School, a leading Montessori institution in Chennai. Moreover, he is known for his exceptional all-round skills on the international cricket stage, Jadeja’s collaboration with the school underscores its commitment to fostering athletic excellence among students.
The collaboration reflects Sharanalaya World School’s dedication to nurturing well-rounded individuals by combining academic rigor with athletic development. By bringing in experts like Jadeja, the school ensures that students receive comprehensive guidance to excel both in the classroom and on the field.
Saatvik Solar
Saatvik Solar – Ravindra Jadeja Brand Endorsement
Ravindra Jadeja has collaborated with Saatvik Solar, a leading renewable energy company, as their national brand ambassador. This strategic partnership aims to enhance brand awareness and promote sustainable energy solutions across India.
As part of this collaboration, Jadeja will leverage his widespread appeal to raise awareness about the benefits of renewable energy adoption and the positive impact of sustainable living on the environment. He will actively engage with audiences through his social media platforms, discussing Saatvik’s sustainability initiatives.
Bigen
Bigen – Ravindra Jadeja Brand Endorsement
Indian cricket sensation Ravindra Jadeja has teamed up with Bigen Men’s Beard Color, bringing his dynamic energy from the cricket field to the world of men’s grooming. Known for his impeccable style both on and off the pitch, Jadeja’s association with Bigen emphasizes the importance of a well-groomed appearance for the modern man.
This collaboration highlights Bigen’s commitment to providing quality grooming solutions that resonate with individuals who, like Jadeja, strive for excellence in every aspect of their lives.
Marwadi University
Marwadi University – Ravindra Jadeja Brand Endorsement
Ravindra Jadeja has joined Marwadi University (MU) as its brand ambassador, bringing his passion and excellence to the institution. As a proud Gujarati and cricketing icon, Jadeja’s association reflects MU’s commitment to empowering the youth and setting global education standards.
Expressing his excitement, Jadeja stated, “It’s a great privilege to be associated with a leading university making its mark on the national and international stage.” MU Trustee Jeet Marwadi highlighted how Jadeja’s dedication, performance, and youth appeal align with the university’s vision of innovation and excellence.
Thums Up
Thums Up – Ravindra Jadeja Brand Endorsement
Ravindra Jadeja, the dynamic all-rounder of Indian cricket, has teamed up with Thums Up for their campaign, “Thums Up Utha, India India Macha.” This collaboration aims to ignite the spirit of belief among Indian cricket fans as they rally behind Team India in the upcoming ICC Men’s Cricket World Cup.
This partnership between Ravindra Jadeja and Thums Up not only showcases the cricketer’s unwavering determination but also aims to inspire fans to believe in India’s journey to victory. As the World Cup approaches, the campaign serves as a rallying cry for fans to channel their inner strength and cheer for Team India with renewed vigor.
Adidas
Adidas – Ravindra Jadeja Brand Endorsement
Ravindra Jadeja has partnered with Adidas India, marking the most awaited collaboration in the sports industry. Adidas India welcomed Jadeja to their family with a social media post stating, “Mr. @ravindra.jadeja, welcome to the 3 stripes family. #collab”
As part of this collaboration, Jadeja, along with teammates Rohit Sharma and Kuldeep Yadav, unveiled India’s T20 World Cup jersey in a promotional video at the HPCA Stadium in Dharamsala. The jersey features a blend of blue and orange colors, with Adidas’ signature three white stripes and a tri-colored stripe around the collar.
OPPO
Oppo – Ravindra Jadeja Brand Endorsement
Ravindra Jadeja has expanded his brand endorsements to include Oppo’s F23 5G smartphone. Known for his agility and precision on the field, Jadeja’s association with Oppo underscores the device’s emphasis on performance and innovation.
In a promotional campaign, Jadeja highlighted the Oppo F23 5G’s 67W fast charging capability, stating, “The #OPPOF235G gives me another power to flaunt with its 67W SUPERVOOC charger.”
This collaboration aligns Jadeja’s energetic persona with Oppo’s commitment to delivering cutting-edge technology, aiming to resonate with tech-savvy consumers seeking high-performance smartphones.
Ravindra Jadeja has partnered with Sareen Sports Industries (SS), a distinguished name in cricket equipment manufacturing. This collaboration highlights Jadeja’s preference for top-tier cricket gear, aligning with SS’s commitment to quality and innovation.
In a notable event, Jadeja visited the SS factory, engaging with the master craftsmen behind the brand’s esteemed equipment. This visit offered fans a glimpse into the meticulous process of creating high-quality cricket gear and underscored the mutual respect between the cricketer and the manufacturer.
SWOTT
SWOTT – Ravindra Jadeja Brand Endorsement
SWOTT, a well-known electronics brand, has recently announced Indian cricketer Ravindra Jadeja as its brand ambassador. This partnership between the two entities is expected to boost the visibility and popularity of both the brand and the cricketer. As one of the most recognizable and respected figures in the Indian cricketing world, Ravindra Jadeja’s endorsement is likely to attract a significant amount of attention and interest from the public.
It is worth mentioning that Ravindra Jadeja has endorsement deals with several other brands as well. With this addition, the list of brands endorsed by Ravindra Jadeja is sure to grow even more in the future.
Kinara Capital
Kinara Capital – Ravindra Jadeja Brand Endorsement
Kinara Capital, the fintech company, has announced Indian cricketer Ravindra Jadeja as its brand ambassador. The company, which specializes in providing financial services to small and medium enterprises, has chosen Jadeja for his strong reputation as a professional athlete and his wide appeal among fans.
As one of the most successful cricketers in India, Jadeja’s endorsement is likely to bring significant visibility and credibility to Kinara Capital.
ASICS
ASICS – Ravindra Jadeja Brand Endorsement
ASICS has named Ravindra Jadeja, an all-rounder of the Indian cricket team as its brand ambassador. The company is known to specialize in sports footwear and apparel for more than fifty years. Being a company that deals in sports goods, Jadeja seems to be a perfect choice for endorsement of the brand. The brand aims to reach a larger target audience by collaborating with Jadeja. It is also known to have other popular names on the board for its promotions like Jasprit Bumrah, Tiger Shroff, and Joshna Chinappa.
On the brand’s association with Ravindra, Rajat Khurana, Managing Director, ASICS India, and South Asia said, “Ravindra’s limitless energy and inspiring potential weave seamlessly with our brand ethos to encourage people to experience the transformative power of sport, not just on the body but on the mind. Through this partnership, we endeavor to both support and encourage people to experience the transformative power sports has to change one’s life in a positive and immensely meaningful way.”
The brand claims that its collaboration with Jadeja would deepen its commitment and raise awareness of its diversified offers among customers.
Ambrane
Ambrane – Ravindra Jadeja Brand Endorsement
Ambrane, a mobile accessories company, has also named Indian cricketer, Ravindra Jadeja as its brand ambassador. Jadeja looked like a perfect fit for the brand, having the energy associated with it. The brand hopes to reach out to new customers as a result of this cooperation. Jadeja will appear in a series of commercials and advertisements across digital platforms and other mediums, carrying on Ambrane’s tech-forward tradition.
Ravindra Jadeja’s unrivaled performance and huge fan following among the youth are synonymous with the brand’s continuous commitment to innovation, high quality, and cutting-edge technology.
“We’re excited for the new innings with Ravindra Jadeja as the face of the brand”, said Ambrane India’s Chief Executive Officer and Founder, Ashok Rajpal.
BharatPe
BharatPe – Ravindra Jadeja Brand Endorsement
At a time when most companies were looking for ways to save money, BharatPe launched a promotional campaign by appointing 11 cricketers as brand ambassadors, including Ravindra Jadeja.
An internal conversation sparked the idea. The brainstorming session focused on how the brand might break through the clutter of IPL marketing and make a big impression. Multiple sponsors tried to pick up logo spots in different team jerseys in the IPL to associate with it. However, the costs for all this were typically significant, and the ROI might not be as expected. The idea was to do something unusual so that BharatPe’s name could stand out and make a significant impact. Cricket was a good bet as it is a great unifier and connects across our diverse cultures.” stated BharatPe’s Head of Marketing, Abhishek Shah.
Zeven, an Indian performance clothing business co-owned by Mahesh Bhupathi, selected Ravindra Jadeja as its brand ambassador. The 28-year-old all-rounder cricketer joined a group of world-class athletes who wear and promote the Zeven brand.
Jadeja on his association with the brand said, “I strongly relate with the brand’s philosophy to make sport an active part of every Indian’s life and look forward to a long and fruitful association with Zeven.”
Following this, Tuhin Mishra, MD of Baseline Ventures (sports marketing agency managing Jadeja’s commercial deals) said, “It’s a great association as Zeven understands the needs of the Sports personality to the core and customizes their products to the actual requirement of the players. That’s what they are doing for Jadeja as well. We are proud to be part of the Zeven family.”
Bajaj Consumer Care
Bajaj Consumer Care – Ravindra Jadeja Brand Endorsement
Another popular brand endorsed by Ravindra Jadeja is Bajaj Consumer Care. The Indian cricketer will be a brand ambassador for the company’s new hair oil.
Ravindra Jadeja appears in Bajaj Consumer Care’s marketing campaign, which includes digital, print, and on-the-ground events. In the Indian Premier League, Jadeja plays for the Chennai Superkings. The brand is expecting that the player’s appealing personality, combined with the long cricket season, would help the brand attract more customers across the country.
“I am really excited to be associated with Bajaj Cool Almond Drops hair oil. It is a non-sticky cooling hair oil for summers and for someone like me, who has to keep his cool during intense moments and deal with demanding situations, the connection with the brand was spot on,” said Ravindra Jadeja on his association with the brand, Bajaj.
The Bajaj Cool Almond Drops Hair Oil is an amazing hair oil for the hot summer. Jadeja is the perfect brand spokesperson since he’s always maintained his composure in high-pressure situations.
Conclusion
The above-mentioned were some of the most popular brands endorsed by Ravindra Jadeja. Being an energetic yet composed personality on and off the field, he has become a go-to choice for many popular brands for their promotions.
FAQ
Why is Ravindra Jadeja famous?
Ravindra Jadeja is famous for being an all-rounder cricketer for the Indian team. He is known for his left-handed batting and bowling, and also possesses excellent fielding skills.
Pichai Sundararajan, or Sundar Pichai, is an American executive and is the CEO of Alphabet Inc. and its famous subsidiary Google. He began his career as a management consultant at McKinsey & Co. and joined Google in 2004.
He was in charge of the product management and innovation efforts section for Google’s client software products. This included Google Chrome, ChromeOS, and Google Drive. In 2010, he announced the open-sourcing of the new video codec VP8 by Google and the new video format, WebM.
In 2015, Pichai became the next CEO of Google and stepped into the new position after completing the formation of Alphabet Inc., the latest holding for Google’s family. In 2017, he was appointed to the Board of Directors in Alphabet Inc.
Sundar Pichai – Biography
Full Name
Pichai Sundararajan
Born
10th June, 1972
Birthplace
Madhurai, Tamil Nadu
Nationality
American
Education
Jawahar Vidyalaya Senior Secondary School Vana Vanu School IIT Kharagpur (BTech) Stanford University (MS) University of Pennsylvania (MBA)
Sundar was born on 10th June 1972, in the city of Madhurai, India, into a Hindu Tamil Brahmin family. His father, Regunatha Pichai, was an electrical engineer for GEC, the British conglomerate, and his mother, Lakshmi Pichai, was a stenographer.
Sundar did his schooling at Jawahar Vidyalaya Senior Secondary School in Chennai and then at Vana Vani School for Class XII. He went on to study metallurgical engineering at IIT Kharagpur and went on to do his Master’s from Stanford University in material science and engineering. He then completed his MBA from Wharton School from the University of Pennsylvania, and he was a Siebel Scholar and Palmer Scholar as well.
Sundar Pichai – Career Highlights
Sundar started his career in engineering and product management at Applied Materials and Management consulting at McKinsey & Company. He then joined Google in 2004, where he was the leader of product management and innovation for their client software products such as Google Chrome, ChromeOS, and Google Drive. He moved on to head the development of other applications such as Google Maps and Gmail.
In 2009, he gave a demonstration of ChromeOS and then released the Chromebook in 2012. In 2013, Pichai added Android to the list of products that Google oversaw. In 2015, he was selected to become the next CEO, and once Alphabet Inc. was formed, he stepped into the new position.
Sundar was the initial brains behind Google’s infamous search toolbar. The toolbar was one of the biggest reasons for the increase in user searches, but it merged with Google Chrome. Chrome went on to become one of the most-used web browsers in the world. He also worked on other Google Products, such as Google Pack and Google Gear. He is on the Board of Advisors at Ruba Inc. and headed the Jiva Software (2011-2013).
In 2014, Sundar was suggested to be a strong contender for Microsoft’s CEO 2014, but that position went to Satya Nadella. In 2019, Sundar became the CEO of Alphabet, Inc., and his compensation was over $200 million in 2022.
Sundar has been involved in multiple controversies over the years.
In 2017, he was criticized for firing a Google employee who wrote a 10-page manifesto criticizing the company’s pro-diversity policy. In the same year, he was a speaker at the World Internet Conference in China where he commented that Google works to help Chinese small and medium businesses to get their products to countries outside China.
In 2018, Sundar was called and questioned by the United States House Judiciary Committee on a wide range of Google-related issues, such as political bias on Google’s platforms, the company’s plans or censored search apps in China, and their privacy policies. As a response, Sundar commented that Google cannot influence search results and they do not have any plans for censoring searches in China.
In 2024, Google fired 28 employees who protested against Project Nimbus. As per Sundar the office is not the place to fight against disruptive issues and warned the present employees from using the brand as a personal platform.
2025 saw Google issue a response to Donald Trump and Elon Musk’s cease DEI initiatives by removing their annual cultural events such as Pride Month, Black History Month, and Holocaust Remembrance Day.
Sundar Pichai – Philanthropy
Sundar was responsible for some of Google’s philanthropic initiatives. He was responsible for participating in charitable endeavours to solve societal issues and advance global development. He helped set up Google’s charitable division, Google.org, which is actively engaged in multiple projects to use technology to solve urgent global issues.
Google for Education is another program that provides instructors and students all over the world with free resources, tools, and training opportunities.
Under his direction, Google has made a commitment to make more sustainable objectives, such as going carbon zero and running their offices on renewable energy altogether. He is also a big advocate for digital inclusiveness and has worked on projects to narrow the gap.
In 2021, Sundar was devastated to see the state of India and pledged the assistance of INR 135 Crore to Give India and UNICEF to be used for medical supplies and help spread critical information.
Sundar Pichai – Awards and Recognition
Sundar was in the Times’ Annual List of the 100 most influential people in 2016 and 2020. He was also a part of the Time 100 AI list in 2024. In 2022, he received the Padma Bhushan from the Indian Government for the Trade and Industry segment.
Sundar Pichai- Personal Life
Sundar Pichai with his Wife
Sundar is married to Anjali Pichai (nee Haryani), and they have two children. Anjali is from Kota, India, and they studied at IIT Kharagpur together. He is interested in football, cricket, chess, sketching, and watching Bollywood movies. He currently lives in Los Altos Hills, California. Sundar maintains a low profile and prefers keeping his family out of the limelight.
Sundar Pichai – Facts
Sundar has multiple degrees – a BTech in metallurgical design from IIT Kharagpur, a Master of Science from Stanford University, and an MBA from Wharton School, University of Pennsylvania.
He loves playing soccer and cricket and loves watching F.R.I.E.N.D.S.
In 2014, Sundar was a major contender for Microsoft CEO, but Satya Nadella was chosen.
Sundar and Anjali are college sweethearts who met in the first year of their college.
He has an exceptional memory and can recollect all phone numbers he has ever dialled.
They have a cute pet dog, Jeffree.
FAQs
When did Sundar Pichai join Google as a manager?
Sundar Pichai joined Google in 2004 as the head of product management and development.
Is Sundar Pichai an entrepreneur?
No, Sundar Pichai is the CEO of Alphabet and Google.
Did Sundar Pichai invent Chrome?
No, Sundar Pichai didn’t invent Chrome but he was actively involved in the development of Chrome.
What did Sundar Pichai study?
Sundar Pichai studied at IIT Kharagpur and earned a degree in metallurgical engineering.
In accordance with their agreement on passive infrastructure sharing, Bharat Sanchar Nigam Limited (BSNL) has allegedly failed to bill Reliance Jio for ten years since May 2014. This has cost the government a loss of around INR 1757.56 crore. The Comptroller and Auditor General of India (CAG) said last week that BSNL’s invoicing issues caused the government to suffer this large financial loss. According to a news agency, the CAG audit also asserts that BSNL lost an extra INR 38.36 crore. This happened because it failed to deduct the licence fee portion from the money given to telecom infrastructure providers (TIPs).
CAG Report Highlighted BSNL’s Negligence
BSNL’s failure to enforce the Master Service Agreement (MSA) with Reliance Jio Infocomm Ltd (RJIL) was brought to light in the CAG statement. According to the report, BSNL did not bill for the new technology used on BSNL’s shared passive infrastructure and did not enforce the Master Service Agreement (MSA) with M/s Reliance Jio Infocomm Ltd (RJIL). From May 2014 to March 2024, the government exchequer lost INR 1,757.76 crore as a result of this incompetence, plus penal interest. Additionally, BSNL’s billing errors for passive infrastructure sharing charges were brought to the attention of the CAG. The audit further stated that BSNL lost INR 29 crore (including GST) in revenue from infrastructure sharing costs. This is a result of its failure to apply the escalation clause and adhere to the terms and circumstances outlined in the MSA with RJIL.
Dilip Buildcon JV Gets Work Order Worth INR 2,631 Cr. from BSNL
An advanced work order of INR 2,631.14 crore was given to Dilip Buildcon’s joint venture, DBL-STL, by Bharat Sanchar Nigam Ltd (BSNL). The middle-mile network for the BSNL BharatNet Phase-III broadband connectivity project will be designed, supplied, built, installed, upgraded, operated, and maintained by the company. The Universal Service Obligation Fund (USOF), now known as Digital Bharat Nidhi (DBN), is providing funding for the initiative. The project, of which Dilip Buildcon is responsible for 70.23%, is to offer middle-mile and last-mile connectivity in the Jammu & Kashmir and Ladakh regions. The construction project will be completed in three years by the Bhopal-based company, and the maintenance contract will last for ten years.
In addition, Dilip Buildcon works on projects in a number of industries, such as urban development, irrigation, tunnels, roads, railroads, airports, and coal mining. With the support of earnings from its coal and hybrid annuity model (HAM) portfolio, Dilip Buildcon’s profit attributable to owners for the third quarter of the fiscal year 2025 (Q3 FY25) increased by 7.4% year over year to INR 115.3 crore. However, the company’s revenue dropped to INR 2,589.7 crore, a 9.98% year-over-year decrease. Its overall costs for the reviewed quarter were INR 2,519 crore, which was an 11.9% decrease from the previous year.
National April 3rd, 2025: Meta has announced new tools that can help drive growth and incremental performance gains for e-commerce and retail businesses. As growth for e-commerce as an industry gets fueled in India on the back of Quick Commerce and the rise of online shopping in tier-2 and tier-3 towns, these new ad tools and features could further turbocharge growth for businesses in the sector.
Among the tools being launched is omnichannel ads, which allow advertisers to show ads that highlight nearby locations to people most likely to shop in-store. Meta is expanding access to omnichannel ads to more advertisers, adding the ability to guide people to the nearest store with products in stock, and surfacing discounts that can make it even more enticing for shoppers to visit a store. Initial testing showed that advertisers that used omnichannel ads had a 15% lower media omnichannel CPA and a 12% higher media ROAS when compared to their business as usual campaigns.
Meta recently held Meta Marketing Summit E-Commerce Edition to throw light on the emerging trends in the e-commerce space in India. The summit was attended by leading marketers across Mumbai and Bangalore.
Said Meghna Apparao, Director of Ecommerce and Retail vertical for Meta in India,“E-commerce and retail is witnessing a material shift in India driven by more offline retail brands reaching customers online, quick commerce continuing to grow rapidly, and online shopping in tier-2 and tier-3 markets continuing to accelerate. While AI-powered personalization and discovery, Reels and creators, and messaging have already unlocked immense value for the e-commerce and retail brands, Meta’s continued thrust on innovative ad tools for the sector is going to prove pivotal for its growth, enabling brands to create impactful shopping experiences and deliver on business outcomes that matter most to them.”
Retail brands with offline store presence that deploy omnichannel strategies are likely to gain most from omnichannel ads. For instance, apparel brand Taneira has leveraged Omnichannel Optimization ads and seen strong business outcomes.
Said Aishwarya Omprakash, Head of Marketing, Taneira, “In our pilot campaign utilizing Meta’s omnichannel ads, we observed a significant boost in performance, achieving 3.5x higher purchase conversions and 4.3x higher Return on Ad Spend (ROAS) compared to campaigns optimized solely for purchases. This encouraging outcome reinforces the value of a multi-touchpoint strategy, and we’re excited to take this experiment further in the coming year.”
Harnessing the power of AI, in the coming months, Meta will also allow advertisers to use Partnership ads and AI-powered Advantage+ catalog ads together.
Partnership ads harness the power of creators by allowing advertisers to run ads with creators, brands and other businesses. India is home to the largest community of Instagram creators in the world and more than 4,000 advertisers in India already use Partnership Ads.
Ecommerce brands across categories have already unlocked growth for themselves on the back of Partnership Ads.
Said Pawrush Elavia, Head of Growth at Zepto, “We used the authentic voice of creators to highlight our 10-minute delivery USP for which we leveraged Partnership Ads. The experiment resulted in an 18% lower CAC and a 33% higher CTR when combining Partnership Ads with BAU strategies compared to BAU alone.”
Meta is also introducing a new optimization that allows its ads system to show additional products from the catalog when promoting a preferred product set with the AI-powered Advantage+ catalog ads. With this feature a fashion brand, for instance, could choose to highlight jackets from their spring collection and give the system the option to serve a dress that a shopper might also be interested in. In initial tests, advertisers saw a 14% increase in ROAS when using this optimization on average.
Continuing the momentum on AI, Meta is also introducing new Generative AI powered features for ecommerce brands effectively. This half Meta will continue to explore new features including using Gen AI to place clothing on virtual models. By giving customers a better sense of how an item might look and fit, it could help shoppers confidently make a purchase and advertisers create more compelling experiences. Today advertisers can use background generation in Catalog ads and the company is experimenting with more personalized outputs for text generation. This will help advertisers better merchandise their products on Meta platforms and create ad copy that resonates with customers.
Generative AI is already being used by ecommerce companies in India. Quick Commerce giant Big Basket is an early adopter of Meta’s Generative AI ad features.
Said Anand Bhaskaran, Head of Digital Marketing and Marketing Communications at Big Basket, “We are committed to staying ahead of the curve when it comes to testing new marketing approaches. That’s why we were eager to test GenAI-powered catalog ads. The results were great and we are confident this technology will continue to drive efficiency for our business.”
Big Basket leveraged a three-cell test for catalog ads, measuring Background Generation, Image Expansion versus BAU cells. They saw a 2.7% better click-through-rate (CTR) than BAU cell and 3.4% lower cost per install (CPI) than BAU cell.
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People love reading novels, stories, magazines, poems, essays, etc., and they go to libraries in their free time to do so. They love reading books. They are attached to various collections and verses.
But now, in today’s life, you need not go out and search for your favorite books. Pratilipi is present to provide you with emotions and thoughts. It brings both the readers and the writers under the same canopy. Read the Pratilipi success story below.
Pratilipi – Let’s make the world a better place, one read at a time
The company is the largest digital platform for readers as well as writers. Both are found together on a common platform. It is an audiobook portal based in Bengaluru, Karnataka, India. Collections are available in several languages, like Gujarati, Urdu, Hindi, Malayalam, English, Kannada, Bengali, and Marathi. Pratilipi has around 2 million users. The word ‘Pratilipi’ is derived from a Sanskrit word meaning ‘copy’.
Pratilipi – Startup Story
Ranjeet Pratap Singh says in his interview that once anybody starts reading books through their characters and stories, they can live many lives. Pratilipi is a Sanskrit word that means to copy. So, the founders selected the name Pratilipi because the readers can read the stories and can become a good, bad, or adventurous man as it is written in the story. The idea behind Pratilipi was to make available content in almost all languages of India so that everybody is compatible with their own language and nobody misses a chance to say, ‘I don’t know this language. So, I was unable to read the story.
Pratilipi – Founders And Team
Ranjeet Pratap Singh, Sahradayi Modi, Sankaranarayanan Devarajan, Rahul Ranjan, and Prashant Gupta are the founders of Pratilipi.
Ranjeet Pratap Singh is the co-founder and CEO of Pratilipi. He started his career as an area sales manager at Vodafone.
Sahradayi Modi is the product manager and co-founder at Pratilipi. She started her career as a channel manager at Vodafone India.
Sankaranarayanan Devarajan is the co-founder of Pratilipi. He started his career as a management trainee at Vodafone. He was also an Analyst and Trader at Capstone Securities Analysis Pvt Ltd.
Rahul Ranjan is the tech co-founder at Pratilipi. He began his career as a systems engineer at Tata Consultancy Services.
Prashant Gupta was the co-founder and CTO at Pratilipi. Now, he is the co-founder, CTO, and COO at Hubblestellar Technologies.
Sahradayi Modi, Prashant Gupta, Ranjeet Pratap Singh, Sankaranarayanan Devaranjan and Rahul Ranjan (left to right), Founders, Pratilipi
Pratilipi – Logo
Pratilipi is a Sanskrit word that means to copy.
Pratilipi Logo
Pratilipi – Business and Revenue Model
As it is mentioned above, the meaning is a copy, and it is a place for both readers and writers. Pratilipi serves all the bookworms at any place and at any time. No carrying of books anywhere anymore. The mission is to please customers through the content. There are some compatibility problems because of the languages, but they are planning to fix them. The stories are heart-touching. Profits can be made in different contexts. The most interesting part is that users no longer have to download large files and face formatting issues.
The work is on commission. The company is making money with the help of new writers and Indian authors. There are authors who even want to sell their books through Pratilipi, through which the company earns up to 70%.
Premium Subscription
Pratilipi receives money from clients’ premium subscriptions, which they use to access all of the most recent episodes of ongoing shows through the SuperFan subscription. An individual writer’s subscription costs INR 25, according to the firm.
The company had already raised a total of $93.7 million in funding so far over the 10 funding rounds that it received, with the last Series E round coming from Jungle Venture.
Date
Transaction Name
Money Raised
Lead Investor
April 3, 2025
Series E
$20 million
Jungle Venture
January 7, 2025
Venture Round
$5.1 million
Alteria Capital
January 7, 2025
Debt Financing
$5.1 million
Alteria Capital
July 14, 2021
Series D
$48 million
KRAFTON Inc.
June 28, 2021
Debt funding
$2.68 million
Alteria Capital
April 30, 2020
Series C
$9.4 million
Tencent Holdings
June 6, 2019
Series B
$14.7K
Qiming Venture Partners
February 5, 2018
Series A
$4.3 million
Omidyar Network
June 28, 2016
Seed Round
$925K
–
March 1, 2015
Seed Round
$50K
–
Pratilipi is funded by 10 investors. Jungle Venture is the most recent investor. The latest fundraise will support Pratilipi’s expansion into new storytelling formats, including animation and vertical drama shows, while also facilitating its entry into new geographies beyond India, the company said in a press release.
Pratilipi – Shareholders
Pratilipi shareholding as of November 2024 (source: Tracxn):
Pratilipi Shareholders
Percentage
Ranjeet Pratap Singh
4.7%
Sankaranarayanan Devarajan
2.0%
Omidyar Network
17.7%
Nexus Venture Partners
10.4%
Qiming Venture Partners
6.7%
Shunwei Capital
5.0%
Timesgroup
3.0%
Krafton
15.6%
Tencent
5.0%
Asnu Finvest
5.0%
Angel
4.6%
ESOP Pool
6.3%
Others
14%
Pratilipi Shareholders
Pratilipi – Financials
Pratilipi Financials
FY23
FY24
Operating Revenue
INR 34.9 crore
INR 57.8 crore
Total Expenses
INR 192.8 crore
INR 116.7 crore
Profit/Loss
Loss of INR 152.63 crore
Loss of INR 58.13 crore
Pratilipi Financials
Pratilipi operating revenue surged from INR 34.9 crore in FY23 to INR 57.8 crore in FY24, and its losses saw a significant drop from INR 152.63 crore in FY23 to INR 58.13 crore in FY24.
The monetization feature was introduced in October 2021, aligning with Pratilipi’s overarching mission of supporting and empowering aspiring writers across India. This strategic launch aimed to provide a tangible avenue for writers to not only share their creativity but also earn from their literary works.
Pratilipi – Acquistion
Pratilipi has acquired two companies to date:
Company Name
Date
Price
IVM Podcasts
August, 2021
–
The Write Order
September, 2021
–
Pratilipi – Award
The IIT Bombay-hosted Eureka Award is a prestigious venue for honoring innovative entrepreneurship and ground-breaking business endeavors, and Pratilipi won the Eureka Award for Best Business Idea organized by IIT Bombay.
Pratilipi – Competitors
The top competitors of the company are Elix, NYC, Wccftech, and Moblog.
Elix is a platform that provides an online news portal. The company was founded in 1999. It is a private company.
NYC is a service mark and trademark of New York City. It is a private company.
Wccftech is a company that is developing a media platform. The company was founded in 2004. It is a private company.
Moblog is a phone blogging community. This site provides online and mobile web blogging utilities for its clients. The company was founded in 2006. It is a private company.
The company has no plans to monetize the platform in the future. But Ranjeet Pratap Singh says that he has some theories to generate more revenue in the coming days. Pratilipi will only be able to do this task when a survey is conducted by the team. And Ranjeet Pratap Singh has plans to predict the next 50 Shades of Grey or Harry Potter. These kinds of bestsellers will help the company generate more capital. Ranjeet Pratap Singh says this model will work when the actual time comes.
Pratilipi, plans to launch its IPO in January 2026, depending on market conditions, says co-founder Ranjeet Pratap Singh.
FAQs
What is Pratilipi?
Pratilipi is India’s largest digital platform connecting readers and writers in 12 different Indian languages.
Is Pratilipi a Chinese app?
No, Pratilipi was founded in 2014 and is an Indian language self-publishing platform headquartered in Bengaluru.
Entvin AI is a startup founded by three IIT Bombay graduates that has been successful in raising its first round of funding. This round, which totaled USD 500,000, was led by Y Combinator.
The company specializes in providing artificial intelligence solutions to pharmaceutical and life sciences firms. It has plans to use the funds to expand the capabilities of its AI solutions and to accelerate customer acquisition, globally.
Solving Regulatory Challenges with AI
Entvin AI, started by Sanskar Jain, Hemant Phalak, and Rishabh Arya, takes on one of the top big thorns in the side of the pharmaceutical industry, the FDA drug approval process. This process is too often protracted, overstuffed with people and resources, and too complex to be anything but a rigorous obstacle course for those trying to bring a new drug to market. Too much depends on this process going in one direction for it to be anything other than a well-oiled machine.
Entvin AI has developed a platform to automate key regulatory workflows, which reduces inefficiencies and enhances compliance. Early enterprise pilot projects have shown the platform’s ability to save hundreds of hours for teams working on regulatory and scientific projects. Even better, the platform has the potential to save pharmaceutical companies millions of dollars in compliance costs.
How Entvin AI Works
The massive language models that Entvin AI employs are tailored for the realm of regulatory paperwork and are particularly well-suited for ensuring compliance with the rules laid down by the FDA. The platform they have constructed is capable of carrying out several important functions, most of which have traditionally been done manually. These include: automating the generation and organization of documents; carrying out comprehensive literature reviews; and flagging important changes in regulatory standards.
– Preparing regulatory documents
– Ensuring compliance with FDA regulations that are constantly changing
– Watching and interpreting the guidance coming from regulatory authorities on an as-it-happens basis
The platform aids life sciences firms in dealing with tough regulatory obligations by making these functions more efficient. You might say it’s like greasing the gears of a tough-running machine so that the machine does what it’s supposed to do, only it takes far fewer regulatory resources and far less time to get the desired outcomes with this platform.
Leadership Insights
Entvin AI Co-Founder and CEO, Sanskar Jain, calls for innovation in regulatory compliance. “Regulatory professionals spend countless hours handling documentation and compliance checks. Our AI agents streamline these workflows, allowing teams to focus on strategic priorities rather than administrative burdens.”
In decision-making, AI plays a role, stressed Hemant Phalak, Co-Founder & CPO: “Our AI agents seamlessly integrate into existing workflows, not only organizing regulatory information but also identifying compliance gaps and providing actionable insights in real time.”
Rishabh Arya, Co-Founder & CTO, emphasized the platform’s technical sturdiness: “We have built an AI system capable of processing vast amounts of regulatory documentation while maintaining compliance with industry standards like SOC 2 and ISO 27001.”
With new funding from Y Combinator, Entvin AI aims to grow its capabilities and clientele among the mid-to-large global pharmaceutical companies. The startup wants to achieve something that its portfolio companies haven’t in the past: breaking into regulatory technology. Entvin AI sees itself as potentially helping life sciences firms to obtain drug approvals much more quickly and to do so while remaining compliant with a blizzard of rules.
American ride-hailing behemoth Uber has launched Uber for Teens, a ride-hailing service dedicated to the safe, reliable, and convenient transportation of teenagers aged 13 to 17. For Uber, this initiative seems like an attractive pivot that could address a growing dependence on its services while also reassuring a key constituency, parents.
Now, in 37 cities across India, like Delhi NCR, Mumbai, Bangalore, Pune, Chennai, and Kolkata, the U.S. company offers a much-in-demand secure travel alternative for teenagers. Getting there took a lot of work, given the necessity of integrating safety measures into a platform that still allows for real-time parental oversight.
Robust Safety Features
At the heart of ‘Uber for Teens’ is safety. The service encompasses a number of fortifying features, GPS tracking, real-time monitoring, an in-app emergency button, that might make the average insurance underwriter sleep just a little bit more soundly. Parents or guardians get notifications throughout the trip and can track their child’s journey via the Uber app. Once the ride is completed, they also receive a ride summary. Full transparency and a lot of peace of mind.
Uber seeks to tackle the issue of parents worrying about their kids traveling alone by introducing a new set of features that provide a perfect blend of independence for young riders, along with a layer of security that gives parents peace of mind.
Parental Oversight and Convenience
To utilize the service, parents or guardians with a verified Uber account can invite their adolescent child to create a linked account. After initial setup, the teen now has the ability to book their own rides, with parental oversight of each trip. In an alternative scenario, the parent can ride request on behalf of the now adolescent Uber account holder, with those requests popping up in the teen’s account.
The initiative holds significance in working toward the everyday transport puzzles that families have to solve, Prabhjeet Singh, president of Uber India and South Asia, stated. Challenges to this effect crop up daily in Uber’s business. Singh’s remit, and the initiative’s aim, is to serve the many millions of middle-income and low-income people who live across India’s sprawling cities and who don’t have one of the 27 million cars that are registered there.
Strong Market Demand
Before launching ‘Uber for Teens,’ the company carried out a survey to gather data on the transportation need of teenagers and their parents’ concerns. It found that 92% of parents had difficulty arranging for reliable transportation for their teens; 72% of these parents told us that their primary concern was safety.
The study provided additional insights, showing that 93% of mothers and fathers are open to using a ride-hailing service that is specifically designed for their teenage kids. This slice of the population is clearly a potential customer.
The Future of Teen Transportation
India’s ride-hailing ecosystem has taken another step forward with the launch of ‘Uber for Teens.’ This new service provides a “structured and secure” experience for young users. But the edginess of the new service is really underscored by the fact that, when it comes to ride-hailing, India is an uncharted territory, both for Uber and so for haling rides of any kind.
Uber is combining safety, convenience, and tech oversight to make itself a suitable transportation option for families with teen riders.
Apple plans to ramp up its India-based manufacturing output, almost doubling it by 2028, as part of its efforts to fortify the global supply chain and reduce overreliance on China. The Capgemini Research Institute report noted that Apple is on a path to expand its native manufacturing in India to 25% by 2028, up from just 14% in FY24. To be sure, Apple Inc. isn’t the only company that has been cutting back on production in China, and for varied reasons.
The report, entitled The Resurgence of Manufacturing: Reindustrialisation Strategies in Europe and the US, focuses on India, which has emerged as the biggest producer of Apple smartphones outside of China. In FY24, India is estimated to have accounted for 14% of Apple’s total iPhone production, with expectations of a considerable uptick in that figure over the next few years.
The Global Shift in Manufacturing
U.S. businesses are looking to set up manufacturing in places that provide better access to components and that are politically stable. The report points to India, Mexico, Vietnam, and Malaysia as good candidates. Why? Geopolitics isn’t the only thing driving these companies. Cost is another big factor. And a third factor the report highlights is diversification.
Southeast Asia is seeing investment in reindustrialization, with targets like India and Vietnam, that is better than anywhere else in Asia. This expansion is not limited to Apple and goes beyond the semiconductor supply chain; it encompasses a much more diverse array of key sectors, including electronics manufacturing, energy, metals mining, and industrial production.
Increasing Foreign Investment in India
The Capgemini report states that numerous international companies are looking to boost their investments in India in the coming three years as part of their drive toward reindustrialization.
– 40% of UK companies expect to increase their investment in India.
– 38% of U.S. and Spanish firms plan to put more resources into Indian manufacturing.
– 39% of German companies, 40% of Dutch firms, and 33% of French companies also see India as a prime investment spot.
These statistics imply a solid belief in India as a likely candidate to become a global manufacturing powerhouse, driven by government incentives, skilled labor, and a large, growing consumer market.
Industry-Specific Investments
The study emphasizes that different industries are shifting their focus toward India when it comes to investments, with varying levels of dedication. The sectors we looked at invest in India for different reasons. Here are some highlights.
– Aerospace & Defense: 47% of firms expect to boost their spending.
– Electronics: 45% of companies perceive growth prospects.
– Metals & Mining: 49% of firms are contemplating expansion.
– Life Sciences: 41% of firms are concentrating on India.
– Battery Manufacturing & Energy Storage: 39% of firms are planning to invest more.
– Automotive: 33% of companies are planning to up their production.
Other sectors, such as chemicals, consumer product manufacturing, energy, transportation, and telecom, are also ramping up investments, showing that India’s rising attraction as a key manufacturing destination is broadening beyond information technology.
The global manufacturing network is proving to be an asset for Apple Inc. as it seeks to engage with Indian manufacturing and rapidly diversify supply chains beyond China.
Nitin Konde
