Hyderabad/Bengaluru, July 2022: NSRCEL—the innovation and entrepreneurship hub of IIM Bangalore in partnership with AgHub of PJTSAU- Professor. Jaishankar Telangana State Agricultural University launched a first-of-its-kind initiative as a series of entrepreneurship case studies in the Agri-Tech space. The panel discussion moderated by Vijay Nadiminti, CEO, AgHub saw the participation of Dr. Kalpana Shastry – Managing Director, AgHub, Kanishka Chatterjee, The Nudge Price, Sagar Satya – Senior Analyst, Omnivore, Atthri Anand – CEO and Co-founder, Deep Flow Technologies. The event was addressed by Dr. V.Praveen Rao, Vice Chancellor, PJTSAU, and Mr. Shaji Krishnan, Deputy Managing Director, NABARD.
The event witnessed the launch of three case studies on Blockchain and Traceability solutions in collaboration with Venture – TraceX Technologies, a SaaS platform for data & B2B Services in collaboration with Venture Satyukt & Soil Technology, Farm data, and related Cloud Services in collaboration with Venture Krishitantra. It is noteworthy that this is a first-of-its-kind collaboration through an incubator in the country. The case studies will help generate valuable insights on finding out ways to help early-stage companies transform into scalable and successful businesses.
“We are proud to collaborate with AgHub to launch these unique and much-needed case studies by an incubator in India. The country has recently bolstered its position as a global startup hub and it has become critical to provide the right support that helps early-stage entrepreneurs build scalable and successful ventures. The case studies will offer insights that will help and guide the ventures on their purpose-driven missions,” said Anand Sri Ganesh, COO, NSRCEL
The case studies focus on the journey of the startups from an ideation stage to becoming successful businesses with mentorship and support from the incubator. Founded by Srivatsa, TraceX Technologies was supported on interventions by the AgHub team with blockchain as its theme. The startup was guided by the academic expertise of Prof. Gopal Naik, who has published many papers on this technology. Similarly, founded by Tomar, Satyukt is an easy-to-use SaaS platform that can be accessed through API and mobile apps. The Agri-Tech company provides B2B data and services and was guided by the academic expertise of Prof. R. Srinivasan. Krishitantra, founded by Sandeep Kondaji, focuses on soil technology, farm data acquisition, and related cloud services and was guided by the experience and knowledge of Prof. Rahul De.
The launch of these case studies is a fruitful outcome of NSRCEL’s strategic partnership with AgHub, and PJTSAU for the Agri and allied startups at NSRCEL through mentorship and subject matter expertise of agronomists.
With a focus on Rural Entrepreneurship and Agriculture, we look toward continued collaboration with the AgHub team. Innovation catering to the rural economy needs to be built upon to foster economic recovery and bridge the urban-rural divide. This means, looking beyond the lens of creating local livelihoods, by catalyzing a rural entrepreneurial ecosystem that enables disruptive innovations which create access to education, increased farm incomes, and affordable healthcare.
