Navi Mumbai, Maharashtra – On December 21, 2024, MADique Technologies and its visionary founder, Karthik Raja Karnan, were celebrated at the INDIA 5000 Business Awards 2024 for their outstanding contributions to innovation and social impact. Karthik Raja Karnan was honored with the prestigious Fast-Growing INDIA 500 CEO Award 2024, while MADique Technologies secured the Best Brand INDIA 500 Award 2024. This dual recognition highlights the company’s commitment to transforming the food processing industry and empowering entrepreneurs.
The awards ceremony took place at the CIDCO Exhibition & Convention Center, Vashi, Navi Mumbai, and drew key figures from across the industry.
Esteemed Guests and Industry Leaders
The event was graced by the presence of several distinguished guests, including:
- Ms. Radha Kirthivasan, Head of Listing & SME – BSE Limited
- Mr. Anand Chari, Additional General Manager for SME & Startups Business Development – BSE
- Mr. Digant Sompura, Convener, Secretary & Hon. Chairman at various organizations
- Ms. Pankti Pandey, Former ISRO Scientist
These industry leaders commended the award recipients for their significant contributions to entrepreneurship, innovation, and business growth within India’s Micro, Small, and Medium Enterprises (MSMEs) sector.
Empowering Food Entrepreneurs with Innovation
Under Karthik Raja Karnan’s leadership, MADique Technologies has revolutionized the food processing industry by introducing cost-effective automation solutions. The company’s innovative machinery has empowered more than 3,000 food entrepreneurs, enabling them to streamline operations, reduce labor costs, and scale their businesses effectively.
The company’s flagship innovation, the world’s smallest automatic idiyappam-making machine, is an affordable and energy-efficient solution that allows small entrepreneurs to automate food production without heavy capital investment. Exported to over 30 countries, this groundbreaking product has become a catalyst for business growth globally.
Driving Sustainable and Inclusive Growth
MADique Technologies stands out not only for its technological advancements but also for its commitment to social and environmental responsibility. The company actively supports underserved communities by offering:
- 10% discounts to differently-abled entrepreneurs and ex-servicemen, promoting inclusivity and equal opportunities in business.
- Seed balls with every machine purchase, contributing to reforestation and environmental sustainability.
- Dr. A.P.J. Abdul Kalam’s biography to each customer, inspiring them to pursue lifelong learning and personal growth.
Karthik Raja Karnan emphasized the company’s broader mission, stating:
“Our focus goes beyond automation. We aim to make technology accessible to every entrepreneur and empower communities by supporting education, sustainability, and economic independence.”
Recognition for a Year of Achievement
The INDIA 5000 Business Awards mark yet another milestone in a year of accolades for Karthik Raja Karnan. In 2024 alone, he has been the recipient of:
- Young Achiever of the Year Award – Global Triumph Foundation (2024)
- Most admired Personality Award– Pride of Nation by Asia today (2024)
- Tamil Nadu Business Icon Award – IBTHINK Academy (2024)
- Innovative Company of the Year Award – GTF World Business Summit (2024)
- Outstanding Young Entrepreneur Award – JCI Metro Salem (2024)
- Best Innovative Entrepreneur Award – IMPA Association, Salem (2024)
- New World Record– Kalam’s Book of World Records (2024)
- Star Young Entrepreneur Award – Thozhil Valarchi Media (2023)
- Global Excellence Award – World Peace University (2019)
- Dr. A.P.J. Abdul Kalam Award – Institute of Engineers (2015)
These recognitions underscore his relentless pursuit of excellence in technology and social impact.
A Future Grounded in Innovation
As MADique Technologies looks ahead, the company plans to expand its product offerings and continue its mission to provide affordable automation solutions to small-scale entrepreneurs worldwide. Karthik Raja Karnan’s leadership exemplifies how innovation, inclusivity, and sustainability can drive long-term business success and societal impact.
For more information about MADique Technologies and its initiatives, visit www.madique.com.
