HomePosts Tagged "agritech" (Page 2)

MoU to add strength to Erisha Agritech’s design and development of advanced powertrain systems and components for electric vehicles, and hydrogen fuel cells

Erisha Agritech , a Rana Group Company, has entered into an agreement with The Automotive Research Association of India (ARAI), towards design and development of advanced powertrain systems and components for electric vehicles, and hydrogen fuel cells developed under Erisha Agritech Private Ltd. A memorandum of understanding (MoU) was inked to this effect between the two companies.

Erisha Agritech Private Limited is India’s fastest growing agri-equipment and machinery company, and has brought to the market a wide range of agricultural tractors, combine harvesters, implements and other equipment and machines of latest technology and energy efficiency. Meanwhile, The Automotive Research Association of India (ARAI) is a leading automotive R&D organisation in the country set up by the automotive industry with the Government of India.

Sudhir Rana, Director Operations – Erisha Agritech says, “The MoU with The Automotive Research Association of India (ARAI) is a major step for us, as it would immensely benefit the design and development projects we undertake. The concept of design and the development of advanced powertrain systems and components for EVs, and also hydrogen fuel cells we would work on would actually be propelled to a whole new level with the agreement. Erisha Agritech is happy to have the support of ARAI in our upcoming endeavors.”

As a technology company, Erisha Agritech had made a mark at the Krishi Darshan Expo, organised in Hisar in March, 2022, by unveiling its fully indigenous electric tractors, and agricultural drones.

MoU to add strength to Erisha Agritech’s

The funds will be utilised in research activities and to strengthen GROWiT App

Surat-based protective farming agritech platform GROWiT has raised Rs 3 crores in seed funding through a close network of investors. The round was led by Mehul Shah from IVY Growth. Coppermint, Gaurav Singhvi (Co-founder, WFC), Rajeev Goel (Sagar Life Sciences), Sunay Shah (Mahati Electrics), Rohan Desai (CEO, Triumph Capital), and Mukul Goyal (Tapi Capital) are some of the investors that joined in the round.

The platform plans to make use of these funds by investing in its research and marketing processes that will ultimately enable GROWiT in expanding its customer base and produce standard quality cost-effective protective farming materials and products. The fund will also be utilised for strengthening the GROWiT App, which is designed to assist farmers with a better understanding of protective farming practices and products.

The funds will be utilised in research

The ICAR-Indian Institute of Soil Science, Bhopal has recently organised national webinar on “Agritech innovations to leap forward sustainable management of soil and environment”

The ICAR-Indian Institute of Soil Science, Bhopal, Madhya Pradesh has recently organised national webinar on “Agritech innovations to leap forward sustainable management of soil and environment”.

Delivering the inaugural address, the Chief Guest, Dr Suresh Kumar Chaudhari, Deputy Director General (Natural Resource Management), ICAR highlighted the importance of the scientific management of soil and water using the agri-innovations like Sensors, Unmanned Aerial Vehicles, Artificial Intelligence and Cloud-based Solutions. The nature-based solutions for reducing the reliance on the high input agriculture were also stressed by the DDG.

Dr Ashok K Patra, Director, ICAR-IISS, Bhopal, Madhya Pradesh underlined about the ICT based Agritech innovations in doubling the farmers’ income.

Dr Praveen Pankajakshan, VP Data Science & AI, Cropin (India) delivered the Keynote Address on “Crop Mapping using AI & Remote-Sensing for Eco-Agriculture and Sustainability (CARES)”. The ways in which the Cropin is dealing with the issues like crop diversity, soil restoration, climate smart agriculture, carbon storage using prediction models and identification of crop pests & diseases were stated by Dr Praveen.

Dr Sara Malvar, Senior Research Software Development Engineer, Microsoft, Brazil and Tusher Chakraborty, Software Engineer – II, Microsoft, India also delivered the keynote address on “FarmBeats and Terra Vibes: Empowering farmers with affordable digital agriculture and earth observation solutions”.

The ICAR-Indian Institute of Soil Science, Bhopal

The new wholly owned subsidiary in Hainan province will focus on nutrition enhanced corn research, seed production and feed corn production

China based Origin Agritech Limited, an agriculture technology company, announced that the company established a new subsidiary in Hainan Island to expand the capacity of nutrition enhanced corn production. 

The new wholly owned subsidiary in Hainan province will focus on nutrition enhanced corn research, seed production and feed corn production by taking advantage of the three corn growing seasons per year on Hainan Island. Over 50,000 Mu contract growing of feed corn has been initiated for the 2022 growing season, and significant growth is expected for next growing season.

Origin Agritech nutritionally enhanced corn reduces the need for expensive additives such as soybean meal for feed stock companies. As global grain prices surge, it offers great cost savings to feed stock companies. Origin Agritech is currently in discussion with numerous feed stock companies for large orders as well as for partnerships, such as the previously announced collaboration with BaoDao Feed Limited.

“I am very proud of our scientists for having bred a corn variety that is having such a positive impact for feed stock companies and for the entire food supply chain,” said Dr Gengchen Han, Origin Agritech’s Chairman. “With our leading position in GMO and gene editing technology, we expect to market more nutrition enhanced corn hybrids in the near future and thus help to increase China’s domestic food production.”

The new wholly owned subsidiary in Hainan province will

StoreHippo’s agritech solutions are powered by MACH architecture which gives the agro-based brands freedom to experiment and implement hybrid business models.

Agritech is a booming sector and India alone is home to 1000+ Agro-based startups. However, the sector has its own challenges. StoreHippo, the next-generation e-commerce platform is offering agritech brands build next-gen solutions for their unique business requirements and move ahead of their competition.

StoreHippo’s agritech solutions are powered by MACH (Micro services, API-first, Cloud-native, and Headless) architecture which gives the agro-based brands complete freedom to experiment and implement hybrid business models.

Some of StoreHippo’s exclusive offerings that facilitate agritech brands are:

  • Hyperlocal marketplace model to enable businesses to run hyperlocal marketplace powered by dealers who can streamline local deliveries more efficiently.
  • A complete solution to build and manage multiple storefronts from a centralised admin.
  • Multilingual website and admin panel to facilitate farmers and other stakeholders in doing business in their local languages.
  • Mobile apps and mobile-first solutions to reach sellers, dealers and customers on their mobile apps.
  • Complete B2B and D2C e-Commerce solutions to enable wholesale and retail business channels from a single agritech portal.
  • Seamless integrations with chosen payment channels, delivery partners, marketing tools, ERP, CRM, accounting software etc.
  • Inbuilt delivery boy solution so farmers and dealers can manage their own fleet of delivery boys.

According to Rajiv Kumar Aggarwal, Founder & CEO, StoreHippo, “The next agricultural revolution is happening in the digital space. Agriculture which contributes 20 per cent to Indian GDP needs a major facelift to align with the changing market and customer demands. Innovative agritech solutions are bringing data-driven insights to farmers for better yield, crop protection, sustainability and growth. The agriculture sector also needs easy and quick access to the market to help agri-producers and sellers get better ROI for their hard work. To connect the various tools and technologies for better agro-production, distribution and sale the agriculture sector needs uniquely designed cutting edge agritech solutions. StoreHippo offers broad-spectrum agritech solutions that can modernise and streamline agriculture as a profitable business for all stakeholders. The agile and flexible StoreHippo platform can be easily modified at the front-end and the back-end to accommodate the unique requirements of agriculture.”

StoreHippo’s agritech solutions are powered by MACH

The report has been authored by the leading agri-tech experts, industry leaders, academics and thinkers.

Aspire Circle, in its fifth series of reports to generate 100 impact ideas for India’s inclusive growth has recently collaborated with 200 experts with their research ideas and spoke about its objective, to shape India’s Impact Economy.

Under the title, ‘Investing for Impact: Food, Agri and Argitech’, the report has been authored by the leading agri-tech experts, industry leaders, academics and thinkers. Focusing on ten disruptive investment ideas, the report offers a comprehensive roadmap on how new-age technologies, innovative practices, process re-engineering, and refined business models can all combine to make Indian agri and food industry, future-ready. 

“In the last decade India attracted close to $9 billion in FDI investments in the agriculture sector. This decade brings an opportunity for India Inc to take advantage of the massive untapped potential this sector holds and transform it to be sustainable and future-ready. With smart innovations, infrastructure & policy support and newer business models the top 10 ideas researched by IFP community can attract $272 billion in investments and generate $813 billion in revenue, impacting 1.1 billion lives,” said Amit Bhatia, Founder of Aspire Circle & Creator – Impact Future Project.

“From massive movements towards plant-based proteins to protected cultivation to tech driven farmer services and collectivization of small-hold farmers, man’s ability to produce more with less in a socially responsible-environment-friendly manner has grown by leaps and bounds. In country like India, this is also politically sensitive sector impacting lives of extremely large section of society making reforms difficult. In this context, platform like IFP is extremely valuable bringing various stakeholders together, ideating on solutions and identifying actionable initiatives.” said Purnima Khandelwal, Co-Founder, INI Farms.

The report further said India has its share of challenges when it comes to agricultural practices, including mechanisation levels, which is at 40-45 per cent unlike 90 per cent in the developed economies.

The report has been authored by the