Salem, Tamil Nadu: The World Summit 2024, organized by the Global Triumph Foundation &The Business Ascent, proved to be a star-studded event, bringing together over 200 of India’s top business leaders, educators, and women entrepreneurs at the Grand Mercure on December 14, 2024. Among the luminaries, Karthik Raja Karnan, founder and CEO of MADique Technologies, stood out as he was honored with the prestigious Young Achiever of the Year Award. MADique Technologies also secured the Innovative Company of the Year Award, marking a milestone in the company’s journey of revolutionizing food automation and entrepreneurship.
Recognition by Esteemed Industry Leaders
The event featured notable guests, including:
- Dr. N. Prabhakaran, Vice-Chairman, Institute of Defence Scientist & Technologists (IDST), DRDO, Bangalore
- Gopinath Rao, IEDS, Former Deputy Director, MSME-DI, Bangalore, Govt. of India
- Ajay Pratap Singh, Joint Secretary, Madhya Pradesh Press Club & COH-OTT Uff TV
- Dr. P.K. Rajput, Former Vice President, Cadia Pharmaceuticals
Dr. N. Prabhakaran presented the awards to Karthik Raja Karnan, recognizing his contributions to technology, entrepreneurship, and societal impact. The acknowledgment highlighted MADique Technologies’ role in creating cost-effective automation solutions, particularly its flagship idiyappam-making machine, which has empowered thousands of small-scale entrepreneurs globally.
A Platform for Innovation
The summit also celebrated the launch of The Business Ascent magazine, a premier publication aimed at empowering business leaders and entrepreneurs. Karthik Raja Karnan graced the cover of the magazine alongside industry stalwart Praveen Kumar Pandey, International Business Head at Ajanta Pharma Ltd.
Inside the magazine, an in-depth article chronicles Karthik Raja Karnan’s journey as a visionary entrepreneur and his pioneering work at MADique Technologies. The article showcases how Karthik has empowered over 3,000 food entrepreneurs globally by providing cost-effective and energy-efficient automation solutions. It also details MADique’s commitment to sustainability and social inclusivity, with initiatives like gifting seed balls to promote tree planting and offering special discounts to homemakers and differently-abled individuals.
The article, which captures Karthik’s inspiring vision and innovative approach, can be read in full in The Business Ascent.
Empowering Entrepreneurs Globally
MADique Technologies has redefined food automation with products like the world’s smallest automatic idiyappam machine. By exporting to over 30 countries and empowering entrepreneurs globally, the company has enabled financial independence for many who lacked access to large-scale infrastructure or capital.
Karthik’s emphasis on social responsibility was also highlighted during the event. MADique Technologies incorporates sustainable practices such as distributing seed balls with every purchase and offering discounts to homemakers and differently-abled individuals, fostering inclusivity and environmental conservation.
Looking Ahead
As MADique Technologies continues to grow, Karthik Raja Karnan’s vision remains steadfast: to build innovative, affordable, and sustainable automation solutions that empower individuals and small businesses. Plans for expanding product offerings, enhancing global exports, and nurturing partnerships with local workshops are already in motion, ensuring a brighter and more inclusive future for the company and its customers.
Read the full article about Karthik Raja Karnan in The Business Ascent magazine here: https://www.thebusinessascent.com/readbooks?id=16
