Mahindra’s $1 million prize called ‘Mahindra Rise”


Mahindra’s $1 million prize called ‘Mahindra Rise”

Mahindra Rise
Mahindra Rise
  • Mahindra Group launches India’s biggest innovation award
  • ‘Rise Prize’ offers USD1 million to drive globally relevant, disruptive innovation
  • Aims to build a culture of innovation in India.
  • Two primary challenges at launch
  • The Mobility Challenge, which invites solutions for driverless cars in India,
  • The Solar Challenge that aims to make solar energy products more accessible
  • Part of Spark the Rise platform that seeks to catalyze innovation and entrepreneurship in India

The Mahindra Group today launched India’s biggest innovation prize – the ‘Rise Prize’ which offers USD1 million to drive globally relevant, disruptive innovations while helping build a culture of innovation in India. It will start with two primary challenges, the Mobility Challenge, which invites solutions for driverless cars in India, while the second Solar Challenge aims to make solar energy products more accessible to the population at large.

According to Mr. Anand Mahindra, Chairman, Mahindra Group, “With the Rise Prize, the Mahindra Group wants to provoke big disruptive ideas that can dramatically change lives. We are offering a big incentive for fresh thinking among the new generation of innovators in our country. Our ambition is to propel India into the next orbit of Innovation and develop the nascent innovation ecosystem in India. Essentially we want to catalyze the rise of world-class, world-beating innovations and technology from India.”

Read the Complete story here – Mahindra Rise link

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