Karthik Raja Karnan’s MADique Technologies Recognized Among India’s Top 100 MSMEs at the India SME 100 Awards

New Delhi, India In a momentous achievement for India's MSME sector, MADique Technologies, under the leadership of Karthik Raja Karnan, has been recognized as one of the Top 100 MSMEs at the prestigious India SME 100 Awards 2025. The award, hosted by Axis Bank in partnership with the India SME Forum, highlights businesses that demonstrate exceptional growth, financial strength, innovation, and social impact.

From 27,500+ nominations across India, MADique Technologies emerged as one of the nation’s most promising enterprises, solidifying its position as a leader in automation technology for the food industry.

MADique Technologies: A Story of Innovation and Growth

Founded by Karthik Raja Karnan, MADique Technologies started as a small startup in a car shed, driven by a vision to make automation accessible and affordable for small businesses. Over the years, the company has become an industry leader in food processing automation, exporting its products to over 30 countries and empowering 3,000+ entrepreneurs worldwide.

The company’s flagship product—the world’s smallest automatic Idiyappam machine— earned a spot in the Kalam Book of World Records, bringing recognition to India’s MSME sector on a global scale. This innovation is now widely used by hotels, catering services, and small-scale food businesses, helping them increase production capacity while maintaining product authenticity.

With a strong focus on RsD, quality, and user-friendly automation, MADique Technologies is at the forefront of India’s MSME revolution.

India SME 100 Awards: A Recognition of Business Excellence

The India SME 100 Awards 2025 celebrated businesses across various sectors, acknowledging their role in strengthening the Indian economy. The evaluation process included parameters such as:

✓⬛ Revenue growth s financial stability

✓⬛ Innovation in technology s product development

✓⬛ Employment generation s social impact

✓⬛ Corporate governance s scalability

The selection committee comprised eminent industry leaders, policymakers, and financial experts, who recognized MADique Technologies for its strong market presence, technological advancements, and contribution to India's MSME growth.

The event was attended by top industry executives, policymakers, and dignitaries, including:

• Hon’ble Sushri Shobha Karandlaje, Minister of State for MSME
• Shri Amitabh Chaudhry, MD s CEO, Axis Bank
• Shri Prahlad Kakkar, Chairman of the India SME Forum

A Message from Karthik Raja Karnan

Speaking about the recognition, Karthik Raja Karnan, CEO s Founder of MADique Technologies, said:

“We are honored to receive this prestigious award, which is a testament to the dedication and hard work of our team. At MADique Technologies, we are committed to making automation a driving force behind MSME success. This recognition reinforces our mission to empower small businesses, create employment opportunities, and contribute to India’s industrial growth.”

Beyond Business: MADique Technologies' Commitment to Social Responsibility

What sets MADique Technologies apart is not just its technological innovation but also its

commitment to social impact.

Supporting Differently-Abled Entrepreneurs s Military Families – The company offers a 10% discount initiative for differently-abled individuals, ex-military personnel, and families of active-duty soldiers, ensuring economic empowerment.

Education s Inspiration – Every customer receives Dr. A.P.J. Abdul Kalam’s biography, inspiring them to embrace lifelong learning and entrepreneurial thinking.

”Environmental Sustainability – As part of its green initiative, MADique provides free seed balls with every purchase, promoting tree planting and reforestation efforts.

These initiatives showcase how a business can succeed while positively impacting society, a philosophy deeply embedded in Karthik Raja Karnan’s vision.

The Future of MADique Technologies

With the India SME 100 Award solidifying its position, MADique Technologies is now gearing up for further expansion:

Entering new markets with innovative automation products Enhancing  AI-driven       automation solutions for the food processing industry.

Expanding sustainability programs with large-scale tree planting initiatives

As the company moves towards its goal of empowering 10,000 entrepreneurs by 2030, this recognition serves as a stepping stone to greater success.