🇮🇳 Roundup: BigBasket buys fresh food recognition startup
Startups in India, including Invact Metaversity and RetainIQ, raised at least US$7.3 million in funding today from international and local investors.
Here’s a snapshot of the fundraising:
Here’s some important tech news from India today:
E-grocery firm BigBasket buys fresh produce identification platform
Tata Digital-owned BigBasket has acquired Agrima Infotech, the company behind a platform called Psyight that can identify the condition of fruits and vegetables from images.
Agrima Infotech is part of an incubator that was set up by Kerala Startup Mission, an agency under the Kerala government.
Prior to this acquisition, BigBasket opened its first self-service retail store called Fresho in Bengaluru.
AI firm AiDash acquires agritech solution provider
AiDash has announced that it has bought Neurafarms.ai for an undisclosed amount.
Founded in 2019, Neurafarms.ai can analyze real-time satellite data to check soil conditions, crop health, and weather predictions to give insights for farmers.
Meanwhile, AiDash helps industries make operations more efficient by using satellite and AI technology. Neurafarms.ai co-founder Bhavesh Patidar will join AiDash’s team to strengthen the latter’s disaster management system.
Edtech unicorn Vedantu set to enter West Asia by June
Vedantu CEO Vamsi Krishna reportedly said that the company plans to expand to at least one country in West Asia. It may also potentially enter four new markets in South Asia and Western Europe by June.
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