Startup india

Related Keyword : Startup india |

 

Agri-tech startup TartanSense raises Rs 15 crore from investors

Agriculture robotics startup TartanSense has raised Rs 15 crore from Omnivore Partners, Blume Ventures, and BEENEXT, indicating rising investor interest in deep technology startups that are addressing large untapped opportunities in Indian agriculture - a sector that occupies 60% of land but contributes to only 15% of GDP. 


Other investors in the round include Dileep George, co-founder of Silicon Valley based Vicarious AI, backed by Elon Musk and Jeff Bezos, GreyOrange co-founders Akash Gupta and Samay Kohli, and Kush Jawahar from Featherlite. 


Bangalore-based TartanSense is developing robots for small farms, leveraging AI-assisted computer vision and robotics to build precision sprayers. These robots can detect diseased plants and weeds, and precisely spray on the targeted plant, saving costs and leaving less chemical residue on fruits and vegetables consumed. The company will partner with local agents/businesses to offer the robot as a service for farmers. 


“We are democratizing technology to small farm holders that has historically been available to large farms in the west by focusing on affordability and portability,” said Jaisimha Rao, Founder and CEO of TartanSense, adding that the business has the ability to improve farmer economics by as much as 10 times. 


India is one of the most attractive agriculture markets in the world with 156 million hectares of arable land - the largest in the world as per World Bank, with 86% of farms in India measuring less than 2 hectares. 


“We are firm believers that Indian deeptech can scale globally, and there are limitless possibilities for agricultural applications,” said Karthik Reddy, Managing Partner at Blume Ventures. 


TartanSense plans to use this capital to scale up its first product, BrijBot, which is a weed


spraying robotic solution for smallholder cotton farmers, aiming to reduce weeding costs by up to 70%. 


“The next feature which will be added to the robot will be automated harvesting where a robotic solution can help with quick and timely harvesting of the crop,” said Rao, who spent six years on Wall Street at BlackRock, before founding TartanSense. Rao holds a BS in Electrical and Computer Engineering from Carnegie Mellon University.

13th March 2019

Ritish singh

By

Google India Announces Shortlist Of Startups For 2nd Batch Of Launchpad Accelerator

Google India today announced the shortlist of startups that will be part of its second batch part of the Launchpad Accelerator program for India.

Like last time, 10 startups have been shortlisted by Google and will undergo an intensive 1-week mentorship bootcamp in March, followed by more engagements in April and May with the first class kicking off today in Bengaluru.

The shortlisted startups are –


(1) Opentalk Pvt Ltd: An app to talk to new people around the world, become a better speaker and make new friends

(2) THB: Helping healthcare providers organize and standardize healthcare information to drive clinical and commercial analytical applications and use cases
(3) Perceptiviti Data Solutions: An AI platform for insurance claim flagging, payment integrity, and fraud and abuse management
(4) DheeYantra: A cognitive conversational AI for Indian vernacular languages
(5) Kaleidofin: Customized financial solutions that combine multiple financial products such as savings, credit, and insurance in intuitive ways, to help customers achieve their real-life goals
(6) FinancePeer: A P2P lending company that connects lenders with borrowers online
(7) SmartCoin: An app for providing credit access to the vastly underserved lower- and middle-income segments through advanced AI/ML models
(8) HRBOT: Using AI and video analytics to find employable candidates in tier 2 and tier 3 cities, remotely
(9) Savera.ai: A service that remotely maps your roof and helps you make an informed decision about having a solar panel,
followed by chatbot-based support to help you learn about solar tech while enabling connections to local service providers
(10) Adiuvo Diagnostics: A rapid wound infection assessment and management device
13th March 2019

Ritish singh

By