Petonic Infotech, UC Berkeley launch platform OILF

OILF - Open Innovation Lotus Foundation

New Delhi: Indian consultancy firm Petonic Infotech in alliance with Berkeley Haas has launched a non-profit research platform OILF ( Open Innovation Lotus Foundation).

Two brothers Yashraj and Yuvraj Bhardwaj founded the consultancy firm Petonic Infotech. The brothers are not just promoters in their firm but are researchers, ideators and entrepreneurs as well.

OILF has alliances with NITI Aayog and the University of California, Berkeley. It aims to translate the research from UC Berkeley and support the Indian government in the ‘Rebuilding India Initiative.’

Besides, OILF also has the ambition to establish India as a manufacturing hub on par with China, establish digital education to accelerate learning amongst school and college students and build last-mile connectivity to bring entire rural masses online.

OILF as a platform engages with the government, policy makers, enterprises and universities to formulate collaborative activities across industries to move India forward.

The global think tank is led by a team of experts and advisory body includes people like Yuvraj Bhardwaj, CEO Petonic Infotech; Solomon Darwin – Executive Director, Haas School of Business, UC Berkeley ‘Father of Smart Village Movement.’

It also has representation from corporate enterprises who are members of Berkeley Innovation Forum India (firms like Microsoft, Ericsson, Salesforce, etc.)

“It gives me immense pride to work with NITI Aayog and the University of California, Berkeley and provide a unified platform to entire stakeholders,” said Yuvraj Bhardwaj, CEO – Petonic Infotech.

“With the government’s focus on Atmanirbhar Bharat, there is an urgent need to formulate policies with an equal partnership with the government, corporate enterprises, and universities. We need to explore more public-private initiatives for India to grow further,” added Bhardwaj.

OILF is working towards building technology in manufacturing, engagement with academic institutions, facilitating legislation; the importance of sustainability particularly within the manufacturing and energy sectors. Create digital healthcare solutions for efficient last-mile access, deepen financial inclusion and risk management in underserved sectors and regions.

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