+91 70111 97831
  • About us
    • Data Analyst Team
    • Magazines Sections
    • Editorial Team
  • Advertise with us!
  • Business review
  • Guest writers
    • Guest Contribution
  • Subscription
  • Career
  • Testimonials
  • Contact Us
Thursday, June 8, 2023
International Magazine
Business Connect  | Best Business magazine In India
Upcoming Event
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials
No Result
View All Result
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials
No Result
View All Result
Business Connect  | Best Business magazine In India
No Result
View All Result
  • About us
  • Guest writers
  • Business review
  • Advertise with us!
  • Subscription
  • Privacy
  • Why us
Home Blog

These Start-ups are combating Covid-19 With Grants from an Indian Billionaire

admin by admin
May 30, 2020
in Blog
These Start-ups are combating Covid-19 With Grants from an Indian Billionaire_Business Connect Magazine

These Start-ups are combating Covid-19 With Grants from an Indian Billionaire_Business Connect Magazine

Share on FacebookShare on Twitter

These Start-ups are combating Covid-19 With Grants from an Indian Billionaire

“Nothing is more expansive than a missed opportunity.” As this pandemic started spreading all over the country, Suhani Mohan Mumbai based entrepreneur saw a dire shortage of face masks. The Cofounder and CEO of Saral Designs, which develops ultra-thins Sanitary pad making machines that make high quality and affordable sanity pads, quickly reset one of her machines to make disposable face masks. The 30-year-old entrepreneur is also
manufacturing mask making machines.

Suhani Mohan and her co-founder Kartik Mehta knew, that they cannot do it alone and needed help so they emailed an Indian auto billionaire Anand Mahindra, who gave quick response to their email and connected them to the Mahindra’s engineers. Those engineers helped the due with procuring parts, fabrication, and assembling. Mask making machine was ready within 100 hours.

This start-up has made a million masks till now. These masks are designed with non-woven polypropylene and were sold to hospitals at a low price. The company has manufactured a fully automated machine, that can produce 80 masks in a minute and is looking forward to producing a million masks in a month.

The upgraded machine has cost 55,000 dollars that were provided by an Indian billionaire Harsh Mariwala’s Innovate2BeatCOVID initiative. He made an announcement of the initiative in March 2020 through his Marico Innovation Foundation.

Mariwala foundation and ATE Chandra Foundation (Founded by Amit Chandra the chairman and MD of Bain Capital Private Equity) has come together to make this initiative possible, and to offer a total grant value of RS 2.5 crores: Mariwala contributed 15 million and while Chandra contributed 10 million rupees with the reaming 100,000 dollars by Bill & Melinda Gates Foundation. Mariwala believes that any crisis creates many new ideas.

The companies are selected by the board led by an Indian scientist Dr. Raghunath Anant, who is a former director of General of the Council of Scientific and Industrial Research. The focus is one backing homegrown start-ups which can grow fast as soon as possible.

Mariwala explained that his role is to scale up the start-ups, obtain regulatory approvals, and assist in distribution and Brading. One of the third companies Saral is in the PPE (Personal Protective Equipment) segment. Some awardees start-ups in the ventilator segment will be proclaimed in the upcoming week or so.

The second start-up is supported by Mariwala, the company called Log 9 materials from Bangalore, the company recently has got about $100,000 from the Innovate2BeatCOVID grant to develop a Unique multi-focal UVL (Ultra Violet Light) disinfection chamber called as Corona Ovens that can sanitize anything within 10 min.

The chamber size is similar to microwave that comes in 20 L, 30 L, and 40 L- with the help of it, you can sanitize shops, and home including masks, cell phones. With the help of the A33 L version, you can sanitize your groceries and eight N95 Mask.

The Corona Ovens price has between $140 and $ 190 and has already sold 1200 units-online. Now the log9 is coming with the Indian Institute of Science in Bangalore to lunch new variants. For the safety and intensity, the ovens have been tested in IISc labs.

RelatedPosts

Overview of Strifor broker: what opportunities are there for clients of the service

Speed Kings: The Top 10 Fastest Bikes in India for 2023

Top 10 richest actors in the world 2023, highest-paid actors list

Maximus Group: Charting a Path Towards INR 250 Crore Revenue by 2025

Plagiarism and its Consequences

Log 9 Materials is a nanotech company, founded by Akshay Singhal, Kartik Hejela and Pankaj Sharma in 2015. These all have graduated from IIT Roorkee. The trio began manufacturing the product on March 24, the day India went into a nationwide lockdown and shipped their first oven on April 11. At the moment, the company produces 120 units per day. The oven has been developed and deployed larger variants for airport use to sanitize trolley, escalator handles, and many others.

“We are looking to develop a battery-based portable version for the food delivery segment and cabinets for restaurants and food outlets,” said Singhal, Log 9’s CEO “Direct exposure to UVC light is harmful, hence we have ensured no light can leak out of the box during operation. Medicines are also not recommended for disinfection since there is a possibility that it might alter the drug composition.” As per Forbes.

The third one start-up called Crea Worldwide has got funding $ 55,000 for the initiative, the company makes personal protective kits for healthcare workers, dentists, and the police force. The PPE Kits include a face shield, breathable hydrophobic polyester, parka and coveralls, use non-laminated fabrics. A kit can be used up to 12 hours even in India’s searing summer heat.

The Founder of Crea Upkar Sharma was in the business of making military defense gear, without wasting time, he moved to make PPE gear. His first kit was ready in less than a week and now makes 1,300 kits in a day. He has said that they would make 4000 to 4500 kits per day.

Previous Post

Maxtra Technologies Private Limited “: A reliable Technology Partner for Businesses around the world

Next Post

ETHOS WEALTH MANAGEMENT PVT. LTD.

admin

admin

Admin is a Digital Marketing Executive at Business Connect Magazine. With his expertise in digital marketing strategies, leverages his knowledge to optimize online presence, enhance brand visibility, and engage with the target audience effectively.

Next Post
Ethos Wealth Management Pvt Ltd_Business Connect Magazine

ETHOS WEALTH MANAGEMENT PVT. LTD.

Saifee Hospital_Business Connect Magazine

Saifee Hospital: Dedicated to ensure the hassle-free medical journey to patients

Aglasem Edutech Private Limited_Business Connect Magazine

Aglasem Edutech Private Limited: An Online platform bestowing wings of better prospects to the hidden talent

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Upcomming event 2023

Business Connect magazine events

Recent News

Overview of Strifor broker: what opportunities are there for clients of the service

Overview of Strifor broker: what opportunities are there for clients of the service

June 8, 2023
Speed Kings: The Top 10 Fastest Bikes in India for 2023

Speed Kings: The Top 10 Fastest Bikes in India for 2023

June 8, 2023
Meta Verified Launches in India: A Closer Look at Cost & Essential Details

Meta Verified Launches in India: A Closer Look at Cost & Essential Details

June 8, 2023
The Countdown Begins: Salman Khan to Host Bigg Boss OTT 2 Premiering on THIS Date

The Countdown Begins: Salman Khan to Host Bigg Boss OTT 2 Premiering on THIS Date

June 8, 2023
https://www.youtube.com/watch?v=5gPvV9iUPII
Business Connect magazine events | Business magazine

Recommended

cellCard - Business Connect

Cellcard

June 29, 2021
AdEngage - Business Connect

AdEngage

January 19, 2019

Most Popular

Overview of Strifor broker: what opportunities are there for clients of the service
Blog

Overview of Strifor broker: what opportunities are there for clients of the service

June 8, 2023
Speed Kings: The Top 10 Fastest Bikes in India for 2023
Blog

Speed Kings: The Top 10 Fastest Bikes in India for 2023

June 8, 2023
Meta Verified Launches in India: A Closer Look at Cost & Essential Details
News

Meta Verified Launches in India: A Closer Look at Cost & Essential Details

June 8, 2023

Business Connect is a business magazine whose name is derived from Business Community which connects entrepreneurs, executive officers and VCs. With a mission to have one of the highest readership figures of senior-level executives and investors in India, Business Connect brings its edition on monthly basis.

Follow Us

Recent News

Overview of Strifor broker: what opportunities are there for clients of the service

Overview of Strifor broker: what opportunities are there for clients of the service

June 8, 2023
Speed Kings: The Top 10 Fastest Bikes in India for 2023

Speed Kings: The Top 10 Fastest Bikes in India for 2023

June 8, 2023

Contact Information

Address: 807, DDA 2, District Centre, Janakpuri West, New Delhi-110058

Phone Number: +91-11-41065208, 42636209

Mail: abhishek@businessconnectindia.in / events@businessconnectindia.in

Contact to Get Feature as Guest Post : info@businessconnectindia.in

  • About us
  • Why us
  • Healthcare
  • Guest writers
  • Career

© 2020 All Rights Reserved by Business Connect India

No Result
View All Result
  • News
  • Magazine
  • Interior Design
  • Press Release
    • PR Enquiry
  • Success Stories
  • Latest Edition
  • Launchpad
  • Blogs
  • Testimonials

© 2020 All Rights Reserved by Business Connect India

Need Help? Chat with us
Start a Conversation
Hi! Click one of our member below to chat on Whatsapp
The team typically replies in a few minutes.
Ashish Kumar
Sales & Support