Latest News | DCM Shriram Shortlists 4 Agri Startups for Water-use Efficiency Challenge
Get latest articles and stories on Latest News at LatestLY. Four agri startups -- EF Polymer, CultYvate, Industill and Phyfarm -- have been selected to participate in the final round of DCM Shriram AgWater Challenge aimed at improving water-use efficiency as well as crop yield.
New Delhi, Aug 26 (PTI) Four agri startups -- EF Polymer, CultYvate, Industill and Phyfarm -- have been selected to participate in the final round of DCM Shriram AgWater Challenge aimed at improving water-use efficiency as well as crop yield.
The final round will start next month and the winner will be announced in February 2025. The winner will get Rs 2 crore, according to a statement by DCM Shriram.
The challenge was launched in June last year by DCM Shriram Foundation, in collaboration with The/Nudge Institute's Centre for Social Innovation and the Office of the Principal Scientific Advisor.
The competition brought together 14 pioneering technologies aimed at transforming water use efficiency and boosting productivity for India's smallholder farmers, particularly those cultivating paddy, wheat, sugarcane and cotton.
EF Polymer specialises in bio-inputs that enhance soil moisture retention while CultYVate provides advanced advisory services to optimise water use in farming.
Industill is into automation of irrigation systems for precise water management while Phyfarm develops scalable solutions to increase water efficiency in agriculture.
These four organisations have reached the final round of the challenge and will get a "milestone grant" of Rs 15 lakh each.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)