Stellapps Technologies put on a stellar presentation to win over the judges and take home the top prize of US$10,000 at Rabobank’s SustainableAg Asia Challenge. Fending off 13 other shortlisted competitors from China, India, Indonesia, and Singapore in a field of 138, it impressed with its SmartMoo internet of things (IoT) platform, which improves yield per animal, traceability and quality of milk in emerging countries.Formed in 2011, the Bangalore-based startup focuses on data acquisition and machine learning to transform the milk supply chain.
“Our application is aimed at driving 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,” said Umesh Parjapat, Program Manager of Stellapps Technologies.
By coming up tops, the India startup will join the other top five companies – DeHaat, Longcom Internet-of-Things, AgNext, and PT Crowde Membangun Bangsa – in presenting their solutions at Rabobank Asia’s Food and Agri (F&A) Advisory Board Meeting in Shanghai at the end of this month.
It’s a great opportunity for the five companies as the annual premier event brings together chairmen and CEOs of leading food and agribusiness companies and commodity traders from China, India and Southeast Asia.
SustainableAg Asia Challenge is Rabobank’s pioneering platform for agri-tech start-ups and innovators across the region to showcase innovative solutions to drive integrity and interconnectivity throughout Asia’s vital agriculture and food supply chains.
“Overall, the judges were greatly impressed by the innovation, passion and commitment shown by participants of SustainableAg Asia Challenge. These technologies and new business models can serve as catalysts for Asia’s diverse and fragmented food and agriculture industry, providing food and agri companies with the means to reinvigorate food production with smart farming, more effective and efficient processing and distribution techniques, as well as improving lives for smallholder farmers throughout Asia,” said Albert Boogaard, Head of Innovation of Rabo Foundation.
“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,” said Diane Boogaard, CEO of Rabobank Asia.