eFeed secures INR 25 lakhs grant from Indian Council of Agricultural Research
Summary
eFeed has announced a significant milestone with the acquisition of a grant amounting to INR 25 Lakhs from Indian Council of Agriculture Research, Gov of India. The grant ceremony took place at the ICAR campus in Delhi and witnessed the participation of eminent leaders from ICAR, including joint directors.Founded in December 2020 by Kumar Ranjan, eFeed has swiftly risen to prominence by focusing on the crucial intersection of animal nutrition, animal health, environmental sustainability, and economic development of the cattle industry.The startup is dedicated to highlighting the pivotal role of a nutritional diet in the growth of domesticated animals, with a primary focus on cattle. E-Feed aims to empower farmers with cost-effective solutions specifically tailored to enhance the well-being and productivity of cattle.As part of eFeeds commitment to sustainable livestock, the startup actively addresses methane emissions by promoting balanced ration (TMR) & localized feed formulations and implementing practices that contribute to the reduction of greenhouse gas emissions in the livestock sector.Kumar Ranjan, Founder and CEO of eFeed, expressed his enthusiasm about the grant, stating, This grant from ICAR Pusa is a testament to the impactful work we have been doing at eFeed. The funds will be utilized to further expand the startups reach, enabling it to empower more farmers with its innovative technology solutions like Nutrition Calculator. eFeed aims to demonstrate a substantial impact on the increase in milk output, thereby contributing to the overall productivity and sustainability of the livestock and dairy sector.eFeeds unique approach involves not only providing farmers with advanced technology solutions but also imparting crucial knowledge about localized animal nutrition.