Government of India announced National Start-up Awards 2021

Highlights:

Government of India announced the winners of “National Start-up Awards 2021” and felicitated 46 start-ups for their contribution in their respective sectors.
Government also conferred an incubator and an accelerator with the award during this ceremony.
This marked the second edition of National Start-up Awards.
Applications were invited from 15 sectors and 49 sub-sectors, ranging from agriculture to animal husbandry and from enterprise technology to fintech.

National Start-up Awards 2021: A fact File

National Start-up awards seek to recognise start-ups contributing towards economic dynamism by encouraging innovation and injecting competition.
It focuses on following start-ups.
That build innovative products or solutions
That are scalable enterprises, with high potential of wealth creation or employment generation
That demonstrates measurable social impact.
In fintech category’s financial inclusion sub-sector,Bengaluru-based Naffa Innovations Private Limited was declared the winner.
The start-up, also called ToneTag, was founded in 2013.
It provides for mobile payments using sound and near-field communication (NFC), without using internet.
Another winner in fintech category’s insurance sub-sector, Umbo Idtech Private Limited won the award.
This start-up was founded in 2018.
It has built a full-stack platform, enabling omnichannel insurance distribution for its clients.
In Robotics sub-sector, Sagar Defence was declared the winner.
It was founded in 2015 by Mridul Babbar and Nikunj Parashar.
The start-up builds autonomous navigation systems, aerial vehicles and unmanned marine.
In the women-led start-up category, Jaipur-headquartered Frontier Markets was honoured.
It was founded in 2011 by Ajaita Singh.
It is a social commerce platform that focuses on rural India.