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MADique Technologies Wins Innovative Company of the Year at World Summit 2024

Rishu by Rishu
January 2, 2025
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Salem, Tamil Nadu — MADique Technologies, a name synonymous with innovation and empowerment in the food automation industry, has added another feather to its cap. At the World Summit 2024 held on December 14, 2024, at the prestigious Grand Mercure, the company was honored with the coveted Innovative Company of the Year Award. The event was organized by the Global Triumph Foundation and The Business Ascent magazine, bringing together over 200 business leaders, educators, and entrepreneurs from across India.

The award, presented by Dr. N. Prabhakaran, Vice-Chairman of the Institute of Defence Scientist & Technologists (IDST), DRDO, Bangalore, underscores MADique Technologies’ exceptional contributions to the field of food automation. Founded by Karthik Raja Karnan, the company is revolutionizing small-scale food manufacturing with cutting-edge, accessible, and energy-efficient machines.

Revolutionizing Food Automation

MADique Technologies is best known for its pioneering products, such as the world’s smallest automatic idiyappam-making machine. This compact, affordable, and user-friendly device has been a game-changer for homemakers, differently-abled individuals, and small entrepreneurs. Priced significantly lower than its competitors, the machine enables users to produce 500 to 2,000 units daily, helping them achieve a return on investment in just 40 days.

The company’s portfolio also includes a versatile murukku-making machine, among other innovations, designed to meet the specific needs of small businesses. These machines are not only efficient but also eco-friendly, consuming minimal power and operating on straightforward mechanisms.

Empowering Entrepreneurs Globally

Exporting its products to over 30 countries, MADique Technologies has empowered over 3,000 food entrepreneurs, providing them with the tools they need to succeed in the competitive market. By bridging the gap between affordability and advanced technology, the company has created opportunities for financial independence, especially for marginalized groups.

Karthik Raja Karnan’s vision extends beyond the commercial realm. By fostering partnerships with small workshops and providing consistent job opportunities, MADique Technologies is uplifting communities and driving local economic growth.

Commitment to Sustainability

MADique Technologies is equally dedicated to environmental sustainability. Every purchase of a MADique product comes with a gift of seed balls, encouraging customers to plant trees and contribute to environmental conservation. This initiative aligns with the company’s mission to combine technological innovation with social responsibility.

Recognized as the Innovative Company of the Year, MADique Technologies exemplifies how a business can transform industries, uplift communities, and create a positive global impact.

Read more about MADique Technologies’ journey and achievements in The Business Ascent magazine here: https://www.thebusinessascent.com/readbooks?id=16

Rishu

Rishu

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