ET Startup Awards 2024: Nominees for Top Innovator

The award will recognise innovations that launch a business or give it a big boost. It should be an original idea that is core to the business or one that provides the differentiation that sets it apart from competition.

Company Name: Agnit Semiconductors

Founded In: 2019


Founders: Harish Chandrasekar, Murlidharan Rangarajan, Srinivasan Raghavan, Digbijoy Nath, Madhusudan Atre, Shankar Kumar Selvaraja, Mayank Shrivastava

Based In: Bengaluru

Key Investors: Foundation for Science Innovation & Development, IISc

What it does: Agnit designs and manufactures Gallium Nitride (GaN) semiconductors and electronic components. GaN – seen as a replacement for silicon in semiconductors – is being used in the manufacturing of chargers, radio frequency equipment and other electronics.

Company Name: Voxelgrids Innovations

Founded In: 2017

Founder: Arjun Arunachalam

Based In: Bengaluru

Key Investors: Social Alpha, Zoho

What it does: Voxelgrids designs, manufactures and sells locally-made MRI machines, offering cost savings to users. The company’s ability to design and assemble the machine completely in India helps keep it affordable.

Company Name: SatSure Analytics

Founded In: 2017

Founders: Prateep Basu, Rashmit Singh Sukhmani

Based In: Bengaluru

Key Investors: Baring PE, xto10x, Omidyar Network India

What it does: SatSure provides actionable intelligence using satellite imagery for sectors such as agriculture, banking, insurance, utilities and aviation. It converts raw satellite images to analytics ready data, using a proprietary software that is built for scale using cloud services.

Company Name: Ethereal Machines

Founded In: 2016

Founders: Kaushik Mudda, Navin Jain

Based In: Bengaluru

Key Investors: Peak XV Partners, Blume Ventures

What it does: Manufactures five-axis computer numerical control (CNC) machines, which are used for contract manufacturing in sectors like aerospace, defence, and consumer electronics.

Company Name: BrainsightAI

Founded In: 2019

Founders: Laina Emmanuel, Rimjhim Agrawal

Based In: Bengaluru

Key Investors: RedStart Labs, InfoEdge Ventures, We Founder Circle

What it does: Brainsight AI builds an advanced software system which can create a map of the human brain, tracking signals exchanged between different parts of the brain. This helps doctors analyse patients better and treat them more efficiently.