These Robots Taser Weeds So Farmers Don’t Need Chemical Herbicides | Digital Trends

  • Imagine if every time a weed appeared in your garden, a bolt of lightning came down from the heavens and zapped it off the face of the planet.
  • A similar but more realistic solution has presented itself in the form of a new agricultural robotics startup called the Small Robot Company.
  • The U.K.-based firm offers a trio of robots that will kill weeds with electricity.
  • We’ll be able to plant different plants alongside each other, harvesting them at different times, breaking down monocultures, and farming much more in line with nature.

Read full article: digitaltrends.com

Online gaming platform Rein Games raises INR 5 cr from MEMG, Titan Capital, other individual investors – The Indian Wire

  • The Noida-based startup Rein Games will be using the infused financials to streamline product development, invest in acquiring more users.
  • Vaibhav Gupta , CEO and cofounder of Rein Games, said that the company will focus on building and mastering one game at a time and innovate around that before moving onto the next game and so forth.
  • While, Gupta further added that as real-money gaming takes off in India, the company believes that the users will increasingly seek depth and value in online games, to get high-quality game experience.

Read full article: theindianwire.com

WeWork India looks to rationalize expansion, focus on profitability

  • WeWork India, the local affiliate of New York-based co-working startup, The We Company, is working on improving profitability, rationalizing the rate of expansion and product prices, and catering to large enterprises, said a top company executive.
  • ” One of the biggest components of spending money in this business is capex (capital expenditure).
  • As we scale, we are looking at lower capex, lower rents and at prices, where all our competitors are.
  • We are focusing on profitability, and while we will continue to grow, it will be rationalized,” Karan Virwani, WeWork India’s ” chief We officer” , said in a telephonic interview.

Read full article: livemint.com

Goldman Sachs, Verlinvest invest in Purplle

  • American investment bank Goldman Sachs and Belgian private investment firm Verlinvest have led a $40 million funding round in online makeup and beauty products retailer Purplle, said three people directly aware of the matter, requesting anonymity.
  • Purplle said on Thursday that Goldman Sachs led a $30 million round.
  • It however, declined to comment on the investment from Verlinvest.
  • On 19 September, Mint had first reported that Goldman Sachs was in talks to lead a ₹ 300 crore round in Purplle.

Read full article: livemint.com

Ghaziabad-Based Startup Wins ‘Space Oscar’ For Its AI Solution To Farm Fires

  • Setting an exciting standard for emerging tech startups in India, Ghaziabad-based startup Blue Sky Analytics this week won the ‘Space Oscars’.
  • Every year, millions of tonnes of crop waste are burnt to clear agricultural fields in India, which releases significant pollution and greenhouse gas emissions.
  • The post Ghaziabad-Based Startup Wins ‘Space Oscar’ For Its AI Solution To Farm Fires appeared first on Analytics India Magazine.

Read full article: analyticsindiamag.com

Not Bengaluru, Delhi, this state is home to India’s highest number of startup jobs

  • India added over 1,300 tech startups in the current year taking the total number of tech startups to 8,900-9,300.
  • Home to India’s financial capital – Maharashtra is also the leading hub of jobs created by startups in India.
  • Out of 2,85,890 jobs reported by 23,657 startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as on December 4, 2019, 52,847 jobs (number of employees) are created across 4,443 startups in Maharashtra.
  • , this state is home to India’s highest number of startup jobs

Read full article: financialexpress.com

CreditMate Is Using ML To Solve Debt Collection And Digital Lending NPAs

  • Unresolved loan collection failures lead to NPA for lenders and bad credit scores for borrowers,” added Bill.
  • Bill told Inc42 that CreditMate is a fully-featured collections platform with machine learning enabling collection strategies, and automation.
  • It operates on software and intelligence only model or a full-service model with a nationwide network of collection agents, cash pick-up, cash drop points and professional call centres.
  • Factors such as language, paying trend, followup trends, field agent visit trends and

Read full article: inc42.com