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Winners of the 2024 Tata Transformation Prize Celebrate Bold Innovation for India and Beyond

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Three rising scientific stars in India are recognized for their solutions to the nation’s urgent challenges in malnutrition and diabetes, energy storage, and a new RSV vaccine.

MUMBAI, India , Nov. 25, 2024 /PRNewswire/ — Tata Sons and The New York Academy of Sciences today announced the second cohort of Winners of the Tata Transformation Prize.

The Prize recognizes and supports visionary scientists in India who are developing breakthrough technologies that address India’s most significant societal challenges in Food Security, Sustainability, and Healthcare. The goal of the prize is to drive impactful innovation and scale-up implementation of high-reward research.

Three scientists were selected from 169 entries from 18 Indian states by an international jury of leading experts. Each winner will receive INR 2 crores (approximately US$240,000) and will be honoured at a ceremony in Mumbai in December 2024. The jury included distinguished scientists, clinicians, technologists, and engineers from a diverse array of industries, government, and academic institutions, including Apple, IBM Research, the Bill and Melinda Gates Foundation, the National Institute of Advanced Studies, and the Indian Institute of Management Bangalore.

The 2024 Tata Transformation Prize Winners are:

C. Anandharamakrishnan, PhD, CSIR – National Institute for Interdisciplinary Science and Technology (Food Security)
Hunger and public health are urgent challenges in India, with nearly 30% of the population lacking essential nutrients and 7% affected by diabetes. There is a pressing need for solutions that address both malnutrition and chronic disease. C. Anandharamakrishnan, PhD, has pioneered a variety of rice fortified with multiple essential nutrients that simultaneously has a low glycaemic index (GI) to control blood sugar levels in diabetics. He has developed advanced food technologies such as a three-fluid nozzle spray drying process to efficiently encapsulate and deliver these nutrients in reconstituted rice. He has also engineered Asia’s first artificial gastrointestinal system, which allows his team to analyse nutrient release during digestion to ensure the rice is optimized for maximum absorption of nutrients. His strategies address the nutrient deficiencies, hunger, and metabolic dysfunction faced by India’s underserved and the 2 billion people globally affected by micronutrient malnutrition.Amartya Mukhopadhyay, PhD, Indian Institute of Technology Bombay (Sustainability)
With the urgent global need for sustainable energy solutions, the development of affordable, eco-friendly batteries is critical. In India, where key materials for lithium-ion (Li-ion) batteries, such as lithium and cobalt, are scarce and require foreign sources, sodium-ion (Na-ion) batteries offer a promising alternative. Amartya Mukhopadhyay, PhD is working to advance Na-ion battery technologies through recent breakthroughs in materials science. His battery prototype is approximately 30% cheaper than Li-ion batteries, operates in a broader temperature range, and is safer to store by creating air- and water-stable sodium-transition metal oxide cathodes and alloy-based anodes. Prof. Mukhopadhyay’s approach also leverages “aqueous processing” of battery electrodes, which replaces toxic solvents with water to reduce production costs and environmental impact.Raghavan Varadarajan, PhD, Indian Institute of Science, Bangalore (Healthcare)
Respiratory Syncytial Virus (RSV) causes severe respiratory illness in over 30 million people annually, disproportionately affecting infants, young children, and the elderly, with more than 97% of RSV-related deaths occurring in developing countries, including India. Despite the availability of new RSV vaccines, their high cost makes them inaccessible to the populations most at risk. Raghavan Varadarajan, PhD aims to develop a cost-effective RSV vaccine that addresses these challenges. Drawing upon his lab’s extensive expertise in protein structure and vaccine design, Dr. Varadarajan is developing a vaccine that will surmount the challenges that have hindered RSV vaccine development for decades and will provide broad and longer-lasting protection against RSV infection. Furthermore, by employing cutting-edge methods in protein production, Dr. Varadarajan’s team is optimizing the vaccine manufacturing process to significantly reduce costs, potentially lowering the price of each dose by up to 95%.

N. Chandrasekaran, Chairman of the Board of Tata Sons, said, “We are pleased to announce the Tata Transformation Prize Winners for the second year. By supporting pioneering Indian scientists in scaling up their pathbreaking innovations, Tata Group hopes to improve the lives of the Indian people and develop India into a world-class innovator. This prize is intended to provide these scientists with the international visibility to promote these Indian technologies to the rest of the world.”

Nicholas B. Dirks, President and CEO of The New York Academy of Sciences, said, “Congratulations to the second cohort of Winners of the Tata Transformation Prize. From addressing India’s issues such as malnutrition and diabetes, to an RSV vaccine that reduces mortality in the most vulnerable populations, to improving India’s energy storage capacity through greener, more cost-effective battery technologies – these scientists are using their innovations to bolster Indian society. Many thanks to Tata for sponsoring this visionary prize and our independent jury for volunteering their time and expertise.”

ABOUT THE TATA TRANSFORMATION PRIZE

The Tata Transformation Prize was established in 2022 by Tata Sons, is powered by the New York Academy of Sciences, to support breakthrough, innovative technologies that address India’s most significant challenges. By recognizing and supporting the implementation at scale of high-risk, high-reward research, the Prize will drive impactful innovation in scientific disciplines of importance to India’s societal needs and economic competitiveness. The Prize will leverage the exceptional potential of scientists in India to address critical national challenges in three categories—Food Security, Sustainability, and Healthcare—and generate improved life quality outcomes across India and beyond. The Tata Transformation Prize recognizes one Winner in each category, with INR 2 crores (approximately US$240,000) for each Winner. Click here for more information about the Tata Transformation Prize.

ABOUT THE TATA GROUP

Founded by Jamsetji Tata in 1868, the Tata Group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission ‘To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.

Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.

In 2023-24, the revenue of Tata companies, taken together, was more than $165 billion. These companies collectively employ over 1 million people.

Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as on March 31, 2024.

Companies include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Tata Communications, Indian Hotels, Tata Digital, Air India and Tata Electronics. Website: https://www.tata.com

ABOUT THE NEW YORK ACADEMY OF SCIENCES 

The New York Academy of Sciences is an independent, not-for-profit organization that, since 1817 has been committed to advancing science for the benefit of society. With more than 20,000 Members in 100 countries, the Academy advances scientific and technical knowledge, addresses global challenges with science-based solutions, and sponsors a wide variety of educational initiatives at all levels for STEM and STEM-related fields. The Academy hosts programs and publishes content in the life and physical sciences, the social sciences, nutrition, artificial intelligence, computer science, and sustainability. The Academy also provides professional and educational resources for researchers across all phases of their careers. The Tata Transformation Prize is the latest in a series of prominent awards and scholarship programs The New York Academy of Sciences and its partners present each year to accomplished early-career and established scientists worldwide. These initiatives, along with education and professional development programs for students and young scientists, reflect the Academy’s broader commitment to strengthening and diversifying the pipeline for skilled and talented scientists globally. Please visit us online at nyas.org. 

 

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Matrixdock Partners with Brink’s for Global RWA Custody, Starting with Gold

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Partnership Enhances Security for XAUm, Matrixdock’s Gold-Backed Digital Asset, with a Focus on Key Asian Financial Hubs

SINGAPORE, Nov. 25, 2024 /PRNewswire/ — Matrixdock, a leading platform for tokenized real-world assets (RWA), is pleased to announce a strategic partnership with Brink’s, a global leader in secure logistics and asset protection. This partnership ensures the secure transportation and vaulting of LBMA-certified gold, which underpins Matrixdock’s recently launched XAUm token, with a focus on vaults located in Singapore and Hong Kong, two of Asia’s premier financial hubs.

XAUm, an ERC-20 token fully backed by physical gold, offers investors a trusted and transparent digital asset tied to London Bullion Market Association (LBMA) accredited gold. The partnership with Brink’s guarantees that the gold reserves backing XAUm are securely held in high-security, fully insured vaults in Singapore and Hong Kong, enhancing the credibility and security of the token for investors across the globe, particularly in the Asia-Pacific region.

“Brink’s reputation for excellence in secure logistics, combined with the strategic location of vaults in Singapore and Hong Kong, provides unparalleled security and confidence for our XAUm investors,” said Eva Meng, Head of Matrixdock. “This partnership underscores our commitment to maintaining the highest standards of trust and transparency for our tokenized real-world assets.”

Zac McKenna, Head of Digital Assets at Brink’s, emphasized the importance of secure custody solutions in the growing RWA tokenization space: “At Brink’s, we are proud to support the tokenization of real-world assets by providing the secure infrastructure that makes these digital products credible and reliable. Our collaboration with Matrixdock enables us to bring our extensive expertise in secure logistics to the forefront of the blockchain ecosystem.”

Brink’s, with its extensive experience in secure asset management and its well-established presence in Asia, will ensure that the LBMA gold backing XAUm is safely transported, stored, and protected in its world-class vaults. Ben Van Kerkwijk, Vice President of Brink’s Global Services – Asia Pacific, added: “Our premier vaulting facilities in Singapore and Hong Kong are trusted by top-tier clients around the world. We are pleased to provide the same world-class protection for the physical gold that backs Matrixdock’s XAUm token, further enhancing the security and trust for investors in the region.”

This partnership allows Matrixdock to offer a robust gold-backed digital asset that aligns with the security and regulatory requirements of global investors.

XAUm provides investors with seamless access to the value of physical gold while benefiting from the efficiency, liquidity, and transparency of blockchain technology. By focusing on secure vaulting in Singapore and Hong Kong, Matrixdock strengthens its offering in the growing Asian market for tokenized assets.

For more information, please visit www.matrixdock.com.

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock is a premier platform that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock has rapidly emerged as an industry leader, earning the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions.

Matrixdock is dedicated to becoming the gateway for clients seeking top-tier RWA investments. With a steadfast focus on building a trusted and secure RWA ecosystem for crypto, Matrixdock provides diversified investment opportunities while setting new standards for trust and governance in the digital asset space.

About Brink’s

The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Our customers include financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations. Our network of operations in 52 countries serves customers in more than 100 countries.

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Snag top-notch smart home gadgets at unbeatable prices: EZVIZ drops Black Friday deals on its all-time bestsellers and flagship innovations

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People can score huge savings on EZVIZ’s award-winning security products and robot vacuums, making their homes safe and comfortable before New Year arrives.

HOOFDDORP, Netherlands, Nov. 25, 2024 /PRNewswire/ — EZVIZ, a leading smart home company known for its high-quality gadgets, is ramping up the thrills of Black Friday shopping by kicking off its special sale into high gear. Simplifying the stressful process of handpicking products and comparing bargains across brands and platforms, EZVIZ adds massive discounts to its extensive product portfolio, helping people build a multi-device smart system from scratch. Even busy but picky homeowners can quickly find essential devices like a garage security camera, a pet monitor or a multi-purpose vacuum cleaner, at hard-to-resist prices with unmatched functionality.

EZVIZ’s Black Friday sale runs from November 22 to December 2 in its official store on Amazon UK. For any family in need of peace of mind or gift ideas for the upcoming holidays, here are some hard-to-miss offers:

H9c Dual Pan & Tilt Wi-Fi Camera (3K) – now£99.99, was£129.99

A star innovation of the year that advances the dual-lens technology to become highly smart and responsive. The H9c Dual combines a 3K wide-angle lens and a pan-tilt 3K telephoto lens in one housing. The duo works independently to secure two directions, or reacts to each other to complete the tracking of a single important activity.

EP3x Pro Dual-Lens Battery Video Doorbell – now£99.99, was£129.99

A truly smart doorkeeper that doubles up your vision with subscription-free detection features, all with easy installation. Seamlessly stitching the view of a main 2K lens and a 1080p down-facing lens, the EP3x Pro sees visitors and delivered packages from top to bottom. Flexible for any home, it uses a large battery and has an included solar panel for additional green power. 

CP2 Peephole Door Viewer – now£49.99, was£69.99

A simple yet reliable option to turn an existing peephole into a smart, sharp camera. The CP2 attaches to most doors and allows real-time viewing via the large indoor screen or remotely via the EZVIZ App. All family members, including seniors and children, can see who’s outside without having to worry about blind spots, and feel protected and safe in a cost-effective way.

Photo – https://mma.prnewswire.com/media/2557647/EZVIZ_2024_Black_Friday_PR_Picture.jpg 

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innDex bolsters team with new COO appointment – their global mission to transform the industry shows no signs of slowing

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LONDON, Nov. 25, 2024 /PRNewswire/ — innDex have announced the strategic appointment of Charlie Versi as Chief Operating Officer, “marking a significant step in the company’s ongoing mission to empower the construction industry with simple and powerful solutions”. Charlie brings 20 years of experience within development and contractor businesses, including 10 years leading in-house software development and procurement. 

innDex have recognised that continuing to build this blend of technology and construction delivery expertise in-house, is vital in navigating today’s construction challenges. 

Reflecting on the move to innDex, Versi shared, “the last 12 months has reinforced the fact that the construction industry continues to face significant challenges and a need to evolve. innDex has positioned itself as a key technology partner, at the forefront of tackling many of these issues  through innovation and strong industry partnerships. I’m thrilled to join a team that’s deeply committed to addressing the underlying inefficiencies that fundamentally impact productivity in  the construction industry.”

innDex Co-Founders George Smithies and Aaron Vousden both saw an opportunity to bring Versi in, to drive multiple positive impacts inside the organisation as well as support their continued efforts to partner closely with the industry that is under increasing pressure to perform in difficult conditions. They believe this strategic hire, coupled with a shared vision for a proactive, technology-led approach, will support innDex’s growth and their continued focus on addressing  the fundamental causes of the sector’s productivity challenges.

Co-Founder George Smithies added, “Our mission to empower construction professionals remains  the core driver of our business. innDex was built by industry experts committed to revolutionising  project delivery—not just through small improvements, but by embracing a forward-thinking, tech driven mindset. Having Charlie join was the obvious next big step for us, we’re excited to strengthen an already incredible team, during a rapid time in our growth.”

Contacts: Marketing and Communications Coordinator – Uyen Danguyen@inndex.co.uk 

Photo – https://mma.prnewswire.com/media/2565698/innDex_COO_Charlie_Versi.jpg

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