FNB News - Agrifood tech aggregator Gastrotope names 5 start-ups in first cohort | FNB News
Summary
Using data analytics and AI (artificial intelligence), they make personalised packaged food products, using the healthiest ingredients sourced directly from farmers and deliver fresh at doorsteps, with complete transparency across the supply chain. Its innovative approach was acknowledged and awarded the special jury prize at the Mumbai FinTech festival, and as one of the top 25 InsureTech start-ups by HDFC Ergo. It is an AI-powered IoT (Internet of Things) platform for agriculture ecosystem that records a variety of growing conditions on the farms, makes on-farm predictions and delivers actionable insights and recommendations to farmers, thereby helping them in increasing productivity. Precise monitoring and adjustments of every input from light intensity to individual ions in nutrient mixes allows Triton to grow up to 15 times more produce in the same footprint, using almost 95 per cent less water and absolutely zero-chemical pesticides. All of them share two common threads: an exceptional leadership team and a focussed and scalable business idea, which we believe are vital ingredients necessary to make a meaningful impact in a sector as huge and diverse as agriculture.” Naho Shigeta, chief executive officer, Infobridge Holdings, said, “The overwhelming response to our accelerator programme demonstrates the keen interest of Indian start-up community in making a difference to agriculture in the country.