ET Startup Awards 2025: Nominees for Top Innovator

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We are back with the 11th edition of The Economic Times Startup Awards. As we approach the main event, here are the nominees in one of the eight categories: Top Innovators.

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 the competition.
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Here are our nominees:

Company Name: Quanfluence

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Founded In: 2021

Founders: Sujoy Chakravarty, Biman Chattopadhyay, Ravi Mehta, Prof Anil Prabhakar, Prof Sandeep Goyal, Aditi Vaidya

Based In: Bengaluru

Key Investors: Pi Ventures and Golden Sparrow

What it does: Quanfluence is a quantum computing startup which offers high-speed computational capabilities to be used in large corporations and logistics companies.

Company Name: Chara Technologies

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Founded In: 2019

Founder: Bhaktha Keshavachar, Ravi Prasad and Mahalingam Koushik

Based In: Bengaluru

Key Investors: Exfinity Ventures, Kalaari Capital and Big Capital

What it does: The company builds motors which are rare-Earth metal and magnet free. These motors can generate as much as 30 kilowatt of power. These motors can be used to power electric vehicles and other machineries like fork lifts and golf carts.

Company Name: Minus Zero

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Founded In: 2021

Founder: Gagandeep Reehal and Gursimran Kalra

Based In: Bengaluru

Key Investors: Chiratae Ventures, Snow Leopard Ventures, AC Ventures and MyAsia VC

What it does: The startup is building foundational models which can power autonomous vehicles and also power automatic driving assistance systems, which are slowly getting popular in vehicles in India. The firm has portrayed its ability to maneuver a vehicle completely automatically in congested Indian roads.