Progress doesn’t always announce itself with noise. Often, it’s the quieter, focused efforts, those solving the less glamorous but deeply complex problems, that end up moving industries forward. This year’s MSME & Startup Innovation Summit 4th Edition brought such efforts into the spotlight. To honour startups and MSMEs that are building resilience into the backbone of India’s economy.
Among the select few recognised for their contribution was Acviss Technologies, a Bengaluru-based startup working at the intersection of authenticity, transparency, and supply chain integrity. Acviss has focused on strengthening fundamental trust. In doing so, it’s helped industries strengthen the very infrastructure that allows commerce to function safely and transparently.
A Pulse Check on India’s Innovation Engine
Now in its fourth edition, the MSME & Startup Innovation Summit has grown into a credible platform for surfacing stories that often get overlooked in a unicorn-obsessed environment. The event, backed by AWS, highlighted startups that are solving deep-rooted challenges across sectors, supply chain resilience, sustainability, rural digitisation, cybersecurity, healthcare access, and more.
The panel discussions moved beyond the usual jargon and got to the heart of execution. Founders shared stories of building through uncertainty, of adapting business models mid-flight, of integrating tech like AI and blockchain not just as flashy add-ons but as practical solutions to everyday problems. It was less about disruption and more about building durability.
Why Recognition Still Matters
For companies like Acviss, the award serves as a validation of sorts, not just from investors or partners, but from a cross-section of peers and enablers. It signals that the solution being built has relevance beyond a niche market or a single use case.
Acviss, specifically, was recognised for its work in enabling trust across digital and physical supply chains using a combination of technologies such as AI-powered non-cloneable codes, blockchain, and AI-based counterfeit detection. While not a household name, the company’s impact is visible in sectors that face increasing risks from fraud, grey market diversion, and compliance lapses.
“This recognition reaffirms that solving foundational problems, like trust and traceability in the supply chain, is key to enabling MSMEs to compete at scale,” said Vikas Jain, Founder and CEO of Acviss. “We built Origin with the belief that every product deserves a verifiable story, and every stakeholder, from manufacturer to end customer, deserves visibility into that journey.”
They are solving layered problems, like how to protect a product’s authenticity across borders, or how to trace its origin for compliance purposes, without making the solution heavier than the problem.
Rewiring Trust in Supply Chains
Acviss’s Origin is a blockchain-based track-and-trace platform designed to ensure product integrity and regulatory compliance across complex supply chains. Origin provides an immutable, verifiable trail of each product's lifecycle, crucial in industries like pharmaceuticals, agriculture, electronics, and personal care where authenticity and quality assurance are non-negotiable.
But Origin is not just about tracking. It’s about intelligence and foresight. The system integrates with manufacturing and distribution data to offer real-time analytics on product movement, geolocation, scan patterns, and supply chain anomalies. This helps brands detect counterfeit infiltration, identify grey market activity, and optimise inventory distribution.
“India’s MSME sector is increasingly looking at exports, compliance with international standards, and building brand credibility,” Jain noted. “Supply chain transparency isn’t just a safeguard, it’s now a business enabler.”
Looking Ahead: A More Grounded Future for Innovation
The takeaway from the MSME & Startup Innovation Summit was about staying grounded. The startups that drew attention were those that understand the nuances of India’s diverse markets, that can scale without compromising integrity, and that are ready to collaborate rather than dominate.
As India’s innovation narrative matures, there’s growing room for companies that aren’t loud but are effective. That doesn’t need to make headlines every week, but quietly shapes the infrastructure of trust, transparency, and resilience.
