India-based Stellapps Technologies was the winner of the Rabobank’s SustainableAg Asia Challenge, the food and agri banking leader’s pioneering platform for agri-tech startups innovators across the region to showcase agriculture and food supply chains solutions in Asia.
Stellapps Technologies beat 13 companies that participated in a marathon Pitch Day, presenting their solutions to a judging panel comprising senior management of Rabobank Foundation, as well as senior representatives of SustainableAg Asia Challenge partner companies ADB Ventures, Archer Daniels Midland, Bayer, Bits & Bites, COFCO International, DSM, Future Group, Olam International, and Temasek.
The India-based company presents SmartMoo solution, an application that aims to drive digitisation of the dairy sector through captured data from the entire supply chain, significantly enhancing income, profitability, and yield per cow of farmers in emerging economies.
The Top Five submissions areDeHaat, Longcom Internet-of-Things, AgNext, and PT Crowde Membangun Bangsa – share a pool of winners’ cash prizes totaling US$20,000 and are now invited to present their solutions at Rabobank Asia’s Food and Agri (F&A) Advisory Board Meeting in Shanghai on October 31. The annual premier event brings together chairmen and CEOs of leading food and agribusiness companies and commodity traders from China, India, and Southeast Asia.
Diane Boogaard, Rabobank Asia’s CEO, said: “Data and innovation are key in driving the changes needed to improve food and agri supply chains, thereby creating a more sustainable food production.”
Also Read: Meet the 15 startups competing for SustainableAg Asia Challenge by Rabobank
“Through the SustainableAg Asia Challenge, we want to connect innovative solutions with our corporate clients to drive sustainability and integrity in agri-food supply chains. As a major cooperative Food & Agri bank, enabling the change to a more sustainable food supply chain is our mission. We do this by providing access to our knowledge, networks and financing solutions.”
SustainableAg Asia Challenge, supported by Rabo Foundation and Rabobank, drew a total of 138 submissions from a cross-section of technology startups and businesses in the food supply chain – including farming, food and agriculture traders, and food companies and retailers – that use cutting-edge data-driven technology, analysis, and interconnectivity to develop market-ready smart farming techniques to help meet increased demand for food in Asia.
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