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Buyer Credit: A Smart Financing Solution for International Trade

In today’s fast-paced global marketplace, businesses need flexible financial solutions to thrive. One such solution that’s gaining traction is buyer credit, also known as importer’s credit. But what exactly is it, and how can it benefit your business? Let’s dive in! What is Buyer Credit? Buyer credit in India refers to a short-term credit facility… Continue reading Buyer Credit: A Smart Financing Solution for International Trade

Budget · india · Innovation · R&D Incentives · Science and Technology

Decoding Deep Tech: India’s Innovation Engine

Deep tech refers to cutting-edge technologies rooted in advanced scientific principles and engineering innovations. These technologies require years of extensive research and development, as well as significant technical expertise. Key Deep Tech Areas in India Artificial Intelligence (AI): India has made significant advancements in AI, with applications spanning natural language processing and computer vision.Machine Learning… Continue reading Decoding Deep Tech: India’s Innovation Engine

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Analyzing Union Budget 2024: Focus Areas for Research, Agriculture, and Power Sector Growth

Blog by Prachi Maitra (R&D associate). The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, has laid out a roadmap for India’s journey towards becoming a developed nation by 2047. With a strong emphasis on research, innovation, and infrastructure development, the budget aims to propel the country’s economic growth to new heights. Key Highlights… Continue reading Analyzing Union Budget 2024: Focus Areas for Research, Agriculture, and Power Sector Growth

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New R&D Funding scheme, check out now!!!

Blog by Bhumika Kabadi (R&D associate). PRIP —Scheme for Promotion of Research and Innovation in Pharma MedTech Sector. Introduction: In the dynamic landscape of pharmaceuticals and MedTech, continuous research and innovation are pivotal. Recognizing this, the Ministry of Chemicals and Fertilizers has introduced the Promotion of Research and Innovation in Pharma MedTech Sector (PRIP) scheme… Continue reading New R&D Funding scheme, check out now!!!

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Live Funding Schemes – October 2022

Funding Body Scheme Funding Amt Link Closing Date Science and Engineering Research Board-SERB Extramural Research (EMR) funding scheme Upto 80 Lacs Click Here 31st Oct 2022 Science and Engineering Research Board-SERB SUPRA (Scientific and Useful Profound Research Advancement) Upto 80 Lacs Click Here 31st Oct 2022 Biotechnology Industry Research Assistance Council (BIRAC) The Biotechnology Industry… Continue reading Live Funding Schemes – October 2022

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Live Funding Schemes – September 2022

Core Research Grant (CRG) Extramural Research (EMR) funding scheme of SERB to academic institution, research laboratories and other R&D organizations to carry out basic research in all frontier areas of Science and Engineering is in limelight for more than four decades since from the inception of SERC. Objective The scheme provides core research support to… Continue reading Live Funding Schemes – September 2022

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Why Lab furniture companies shouldn’t design your lab?

Laboratories are workplaces for the conduct of scientific research. Research and development (R&D) lab design require the right layout and furnishing solutions to ensure accuracy and efficiency in a safe and productive environment. Many researchers directly contact lab furniture companies for their R&D lab setup, their satisfaction level is subpar and they experience many falts… Continue reading Why Lab furniture companies shouldn’t design your lab?

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Personality Check – Adar Poonawalla – Sherral Joseph

Adar Poonawalla was recently included in ‘Fortune magazine’s 40 under 40’ listing in the healthcare category. He recently came into limelight when the Covishield vaccine which was developed by Astra Zeneca with Oxford University began to be manufactured by the Serum Institute of India, the world’s largest vaccine manufacturer.  Mr Poonawalla became the CEO of SII in 2011, which was initially founded by his father, Cyrus Poonawalla in 1966.  In 2014 SII launched and initiated the Oral Polio vaccine which became the company’s bestseller.

The Institute is currently producing 50 million doses of Covishield a month and according to its CEO Adar Poonawalla, is aiming for a production of 100 million does a month after regulatory approval.

Adar Poonawalla has received several awards for his work in the health industry including the ‘Business Leader of the year’ award as part of the ET Edge Maharashtra Achievers Awards

india · Innovation · Padma Shri

Sridhar Vembu – Founder of Zoho and recipient of the Padma Shri award by Sherral Joseph

Innovation Check

Sridhar Vembu social entrepreneur noted for introducing software and product development functions from Urban centers to rural villages in India.  His company Zoho became popular after setting up offices in rural districts in Tamil Nadu and Andhra Pradesh.   In 2004, the company further went ahead to establish educational institutions to provide vocational software development education to rural students as an alternative to formal university education.  The company takes pride in the fact that 15% to 20% of their engineers have received vocational education from Zoho schools with no college degree.  In 2020, the company made a landmark move when they announced the setup of a ‘rural school startup’ which focused on free primary education.

Sridhar Vembu’s Alma mater is Princeton University in New Jersey, having secured his MS and PhD from there. His decision to move from Bay Area to Mathalamparai is historical and has been lauded by many, winning him many awards for his iconic work in the field of education.  In 2019, Vembu was conferred with the Ernst & Young “Entrepreneur of the Year Award’’ in India.  Recently in 2021, he became the recipient of the Padma Shri, India’s fourth highest civilian honor.

His amazing business instinct and acumen helped him to identify the right focus area to apply his knowledge, skills and innovative ideas.  His legacy in education in the rural areas will live on for years to come. We hope that India will witness more social entrepreneurs of this calibre.