Startup feted for solutions in medicinal plants sector
Ilika Pvt Ltd, a startup supported by the Punjab Agricultural University’s (PAU) Punjab Agri Business Incubator (PABI), garnered national recognition by winning the prestigious “Best Innovative Idea Award” at the ICAR-DMAPR Awards 2024. The award was presented during the 33rd Foundation Day celebrations of the ICAR-Directorate of Medicinal and Aromatic Plants Research (ICAR-DMAPR) in Anand, Gujarat.
The award recognises Ilika Pvt Ltd’s contribution to the “MAPTHON-2: Innovative Ideas for Medicinal and Aromatic Plants Business Competition”. The startup was lauded for its ground-breaking solutions that aimed to revolutionise the medicinal and aromatic plant sector.
Dr. Satbir Singh Gosal, Vice-Chancellor of PAU, congratulated the team, saying, “This achievement is a proud moment for PAU and PABI. Ilika Pvt Ltd has set an example of how startups, with the right support and innovative ideas, can make a significant impact in the agricultural domain.”
Dr. MS Bhullar, Director of Extension Education, added, “Winning this award highlights the potential of PABI’s incubated startups to address critical challenges in agriculture and allied sectors. It reflects our commitment to fostering impactful innovations.”
Dr. TS Riar, Principal Investigator at PABI, expressed his pride, saying, “We are thrilled to see our startups gain national recognition and contribute to India’s agricultural transformation.”
