Pune, India, November 24, 2018 --(PR.com
)-- This is true of all things — individuals, companies, countries. Innovation leads, the world follows. With the rise and rise of the Indian startup ecosystem, innovation in India is at its peak — 45,444 patent applications were filed in 2016-17 alone.
But not all innovation is impactful, or relevant, or even useful. In an attempt to filter the wheat from the chaff, Inc42, one of the most influential startup media in India has put together the 42Next — a list of the 42 most innovative startups causing an impact in the Indian startup ecosystem. The 42Next is a part of Inc42’s flagship annual report, "The State Of Indian Startup Ecosystem 2018," unveiled during The Ecosystem Summit held on November 16 in Delhi amid the who’s who of the startup community.
The 42Next list was prepared after evaluating thousands of startups on criteria such as competition, innovation, revenues, traction, leadership, team, build up, and growth rate, among others. To arrive at the list, Inc42 filtered the essence of its years of understanding on the Indian startup ecosystem and supplemented it with inputs from both the Inc42 Editorial and Inc42 DataLabs teams, conducting an in-depth review to recognise the 42 most innovative startups in India.
These 42 startups have developed their own patented technologies and are solving pressing problems in areas such as healthtech, fintech, deeptech, enterprisetech, consumer services, edtech, media & entertainment, agritech, logistics, transport tech, and entertainment tech.
Inc42 Media is a digital media startup known for its end-to-end coverage of the Indian Startup Ecosystem. Inc42 has published 15,000+ stories so far and touch the lives of over 10 million people every month.
42Next is part of Inc42’s effort to recognize startups that are creating ripples in their respective fields of work and contributing to India’s trillion-dollar digital technology. These startups have shown extraordinary resourcefulness to overcome challenges on their way to success.
Altizon Systems is recognized in 42Next as one of the most innovative Startup of 2018 in Inc42’s flagship annual report, "The State Of Indian Startup Ecosystem 2018," unveiled during The Ecosystem Summit held on November 16 in Delhi. This list was prepared after evaluating the criteria such as competition, innovation, revenues, traction, leadership, team, build up, and growth rate, among others.