New Delhi, March 10 -- Twenty years after its establishment, Harsh Mariwala-led Marico Innovation Foundation -an initiative to identify innovative ideas-has witnessed a significant increase in applicants seeking notice. There were 1,200 applications this year, a substantial rise from 700 in the previous edition and the years before.

Over time, there has been a notable shift toward technology-based innovations.

The most significant change has been the influx of applications from deep tech startups in this once-in-two-year programme, said Harsh Mariwala, founder of Marico Innovation Foundation. According to him, based on the applications received this year, artificial intelligence is likely to be an essential game changer in the coming ye...