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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102624) | |
22151. This biotech startup aims to reduce farmers’ losses by making crops more climate-resilient
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Founded in 2016, Pune-based Bioprime Agrisolutions is building climate resilience in crops by using targeted physiology modulating biomolecules to provide farmers with assured yields.
- Bioprime Agrisolutions aims to solve this situation by making crops more climate-resilient by using next-generation biologicals. Founded in 2016 by Savitribai Phule Pune University alumni Dr Renuka Karandikar (PhD in plant biotechnology), Dr Amit Shinde (PhD in plant biotechnology), and Dr Shekhar Bhosle (PhD in mycology), the startup is developing low-cost, next-gen agri biologicals that are based on plant physiology response modulation using a proprietary platform.
- “In 2016, we were working with Narayangoa tomato farmers. It was the hottest summer of the past 50 years that coincided with flowering and fruiting time. and led to almost 96 percent flower fruit drop and 100 percent crop loss in 183 villages. Next year, it was a similar story where 100 percent crop loss occurred due to untimely rains in UP and Bihar. We cannot control the climate, and so decided to focus on plants and how we can make them climate-resilient,” Dr Renuka tells YourStory.
22152. Uplift of small farmers drives this Bengaluru coffee startup
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Startups in Bharat
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- Founded Ex-banker Soomanna Mandepanda and his wife, Puja Soomanna set up their startup Humblebean in 2017 to ensure better prices and reach for small coffee farmers and improve every part of the value chain.
- Founded in 2017 by Soomanna and his wife and former Yahoo executive Puja Soomanna, Bengaluru-based Humblebean works on an omnichannel model: It ties up with small coffee farmers in south India, roasts and grounds supply, provides the beans to roasters, exports its products, operates brew bars, and has an online presence.
- India is the world’s sixth-largest producer of coffee and fifth in terms of exports; in fact, 70 percent of its production is exported, says a January 2021 report by the India Brand Equity Foundation.
22153. This startup turns your phone into a call centre and can also function as a CRM
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Kolkata-based GoDial is an automatic call dialer app for mobile phones that uses the existing SIM cards and phones for calling and offers an in-built CRM.
- Entrepreneur Avijit Sarkar says he has always been trying to create a problem-solving product. In his 12th grade, he started a small BPO, which grew into a 10 seater call centre in just a year. Realising that his true calling was in technology, he pivoted into IT Services in a few years and built a SaaS startup, Regular.li in 2017. Looking to get customers for Regular.li, he started manually calling everyone from his list of business contacts.
- GoDialtargets people who are in a business that requires them to make many phone calls daily, including stockbrokers, real estate agents, colleges, retail, etc. For them, manually dialing out each number becomes a pain.
22154. Building from scratch, Bengaluru-based EV startup Simple Energy aims to disrupt the Indian two-wheeler segment
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Bengaluru-based EV startup Simple Energy is building electric two-wheelers from scratch. Its flagship product, the electric scooter Mark 2, is planned to be launched in May 2021.
- To address these challenges, Simple Energy, started by Suhas Rajkumar and Shreshth Mishra in 2019, has come up with an electric two-wheeler – Mark 2 – which solves for three prime concerns, i.e., range anxiety, charging time, and affordability.
- “I was taken aback that even after thorough research, there wasn’t value for money EV in the Indian market; it got me thinking. I was an automobile enthusiast since when I was a child and always wanted to design an automobile which will create a benchmark and be recognised as an Indian brand. All these prompted me to start Simple Energy,” recalls Rajkumar.
22155. This Bengaluru consultancy makes blockchain startups market-ready
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Anurag Rao and Pranav Shivram's startup Blockpact offers legal, marketing, and business development solutions to early-stage blockchain ventures and also helps in fundraise.
- Founded in August last year, Bengaluru-based Blockpact offers legal, marketing, and business development solutions to early-stage blockchain ventures right from the ideation stage. It also help projects raise funds.
- “We don’t do the actual coding of the project, but we assist with everything else that it needs to get to the market, including branding, marketing, fundraising, and regulatory consulting,” says Anurag, a blockchain enthusiast for some years now.
22156. रिलायंस रिटेल में 1.4% की हिस्सेदारी खरीदेगी मुबाडाला, 6247.5 करोड़ रुपये करेगी निवेश
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
Hindi
India
NBT
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- रिलायंस रिटेल वेंचर्स लिमिटेड को चौथा बड़ा निवेशक मिल गया है। आबूधाबी की मुबाडाला इन्वेस्टमेंट कंपनी ने इसमें 6,247.5 करोड़ रुपये निवेश करने का फैसला किया है।
- इस निवेश के जरिए मुबाडाला कंपनी रिलायंस रिटेल में कुल 1.40 फीसदी की हिस्सेदारी खरीदेगी। रिलायंस में मुबाडाला कंपनी की ओर से किया गया ये दूसरा बड़ा निवेश है।
- इससे पहले इसी साल मुबाडाला कंपनी ने रिलायंस के जियो प्लेटफॉर्म्स में भी 1.2 अरब डॉलर का निवेश किया था
22157. This Delhi-based startup is a digital mall for logistics services
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Zipaworld, a startup founded by Ambrish Kumar, has already scaled up to over 40 customers in less than a year of operations.
- Zipaworld was founded by Ambrish Kumar in early 2020. "Primarily, the increasing logistics and supply chain cost, which is almost 14.5 percent of the GDP in India, compels for integration and digitalisation of the processes offering single window solutions,” he says.
- The pandemic compelled many organisations and sectors to embrace technology for business continuity and remote working. The expansive logistics industry was yet to fully adapt to technological advancement - which was the sheer need of the hour.
22158. Japanese tech firm NTT to invest $2B in India for setting up data centres
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
Your Story
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- Japanese company NTT aims to invest $2 billion in India for building data centres over the next four years. A part of this commitment will help build solar and wind power generating facilities.
- Japanese company NTT on Wednesday said it would invest $2 billion (over Rs 14,000 crore) in India to build data centres. Sanghi said a part of the commitment would be invested in building solar and wind power generating facilities because the company was committed to having its own captive power generation capabilities from renewable power at the same level as the consumption requirement in five years.
- The company will look at acquisition opportunities "opportunistically", and any such move would lead to the overall investment going above $2 billion, Sharad said.
22159. 69 startups registered in J&K under Startup India scheme.
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
The Economic Times
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- As of now, the J&K government is focussing on sectors such as food processing, agriculture, renewable energy, handicrafts and handloom for promoting startups.
- The Government of India has announced a Rs 945-crore Startup India Seed Fund Scheme which will be operational from April 1, 2021, to 2025 to promote and boost the startup ecosystem across the country
- In the same light, the Jammu & Kashmir administration is working to encourage startups and foster innovation, thereby creating jobs and boost the economy,
22160. [Funding alert] Log analytics platform Coralogix raises $25M in Series B round
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Your Story
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- The funding will be used by the Israel- and Mumbai-based company to strengthen its local presence in India. Israel- and Mumbai-based Coralogix, provider of ML-powered log analytics and monitoring solution, on Thursday announced that it has raised a $25 million Series B funding round, bringing the company's total amount raised to $41.2 million.
- New investors such as Red Dot Capital Partners and OG Tech VC (backed by Eyal Ofer) co-led the round with participation from existing investors Aleph VC, StageOne Ventures, Janvest Capital Partners, and 2B Angels. Barak Salomon of Red Dot Capital Partners and Roy Oron of OG Tech Partners will join the board of directors.
- Along with the funding, the company also announced the launch of its real-time analytics solution. The announcement comes on the heels of Coralogix’s recent expansion into India. The company recently established its office and operations in the region and provides local customers with local Amazon Web Services (AWS) regional server support and data storage capabilities. The funding and new analytics solution will help further establish Coralogix's local presence and help better support its local customers.