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Friday / November 22. 2024

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Agrotech, India, Singapore, Start ups

Cargill has partnered with Singapore Economic Development Board (EDB) and launched its first digital business studio in Asia. The studio is designed to support local founders with investments that bring Cargill solutions to the market and accelerate innovation for the food and agriculture industry in Asia-Pacific.

Through this three-year partnership, Cargill plans to develop a portfolio of at least five new start-ups in Singapore. The start-ups will focus on pressing industry challenges—from increasing access to market data for smallholder farmers to creating more efficient, transparent and cost-effective food supply solutions.

This partnership builds on EDB’s efforts to grow Singapore’s corporate venturing movement, encouraging companies to build new businesses with start-up like agility. This includes investing in growth areas beyond their core businesses to keep ahead of the fast-changing pace of disruption.  

The digital business studio will be a space for Cargill to incubate and scale transformative start-ups, in close partnership with customers. It allows for expanded reach into digital innovation, bringing new solutions to meet the changing needs of the food and agriculture industries.

Cargill has four innovation centres across Asia: Singapore, Gurgaon, Beijing and Shanghai.

Cargill has partnered with Singapore Economic Development

Agrotech, Finance

The partnership will have access to more than 40 million farmers in India and focus on transforming how farmers mitigate and adapt to climate change and other livelihood related risks

Agriculture Insurance Company of India Limited (AICIL), a nationalised insurance company under the Ministry of Finance, Government of India, has signed a three-year agreement with Wingsure, an insurtech company that leverages artificial intelligence and deep technology to protect farmers worldwide.

As part of the agreement, Wingsure will use its advanced technology capabilities to significantly strengthen the accessibility of insurance products and services to farmers in India; curate and promote AICIL’s comprehensive portfolio of agriculture insurance products and enable its channels, including groups and partner brokers, to distribute on its mobile app.

Launched to support economic empowerment with transparency and promote sustainability through modern agricultural practices, Wingsure’s application leverages advanced computer vision, augmented reality, and voice capabilities to provide intelligence and facilitate the underwriting and insurance claims processes for small holder farmers. The partnership will have access to more than 40 million farmers in India and focus on transforming how farmers mitigate and adapt to climate change and other livelihood related risks. 

Malay Poddar, Chairman and Managing Director, AICIL, said, “We firmly believe that technology implementation is key to providing insurance and thereby protecting the underserved. Through our association, we will utilise the Wingsure technology platform to support our vision of how farmers can leverage insurance to mitigate risk.”

The partnership will have access to more

Agrotech, Interaction

Bayer will present three new bio technologies, crop protection innovations, digital solutions and new business models during the 34th edition of the Rural Coopavel Show

Bayer, a global company focussed on Life sciences has announced that it will present three new biotechnologies, crop protection innovations, digital solutions and new business models during the 34th edition of the Rural Coopavel Show. The event will be the first opportunity to share in person at a fair – since the beginning of the pandemic – the solutions developed to contribute to a more productive and sustainable agriculture, in addition to showing what will be built collaboratively with farmers in the coming years.

According to Fábio Prata, marketing director for Bayer’s clients in Brazil, “One of our missions as an organisation is to support producers to produce more, in the same area and in a more sustainable way. During the Show Rural Coopavel, we will have the opportunity to show up close, albeit with restrictions due to the moment we are going through.”

Between February 7th and 11th, visitors to the event will be able to check out the new digital model that Bayer has developed for its customers through Espaço Bayer, a virtual platform that offers an immersive and fully customised experience based on the needs and peculiarities of the producer. 

“Our priority is to be closer and closer to our customers, regardless of the channel, so that we can understand the producer’s pain and deliver solutions that generate value”, says Bayer’s marketing director. In addition to exploring the benefits of the program, producers will have the opportunity to learn more about exclusive experiences, as well as access services redeemable through their program points, which can be accumulated by purchasing solutions from any of the brands on display.

During the Rural Coopavel Show, visitors will be able to follow this path of digital transformation of the countryside and experience the features of Climate FieldView, Bayer’s digital agriculture platform that already maps more than 22 million hectares in Brazil. 

Bayer will present three new bio technologies,