logo
AAU sanctions 113.5L seed fund for 9 agri-startups

AAU sanctions 113.5L seed fund for 9 agri-startups

Time of India01-07-2025
Vadodara: Anand Agricultural University (AAU) has sanctioned Rs 113.50 lakh in seed funding to nine agri-startups under its incubation programme, with the first instalment of Rs 59.25 lakh disbursed to boost innovation and growth in the agribusiness sector.
The announcement was made during a seed fund awarding ceremony held at the AAU campus, where the startups — working across diverse agricultural domains — were formally recognized.
Startups like Billioncarbon Solutions and Agriora Innovations received support for their waste-to-wealth projects that convert agricultural waste into valuable resources. Others, including Cosmo Ecosystem, Affinito, Minerv Ease Health, and Vetved Nutrition, are developing innovative products in the food and nutrition space.
Vikalp Ane Ukel, an agri-tech venture, focuses on improving agricultural value and supply chains, while Freni Natural and Dabhi Agritech — founded by Gujarat-based farmers — are advancing agricultural inputs and technology.
The funding was facilitated by AIC Anand Foundation, AAU's Section 8 company and the state's leading agribusiness incubator. To date, it has incubated over 200 agri-startups with support from the Innovation & Agri-Entrepreneurship Programme under the Rashtriya Krishi Vikas Yojana, Ministry of Agriculture & Farmers Welfare, Govt of India.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Esse novo alarme com câmera é quase gratuito em Osasco (consulte o preço)
Alarmes
Undo
"We also recently launched the ASPIRE Club to cultivate entrepreneurial thinking among students from an early academic stage," said AAU vice-chancellor KB Kathiria.
The ceremony was accompanied by a student workshop organized by the university's Agricultural Information Technology College, where 60 students participated in discussions on innovation, startup ecosystems, and agri-entrepreneurial opportunities.
Get the latest lifestyle updates on Times of India, along with
Doctor's Day 2025
,
messages
and quotes!
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year
US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year

New Indian Express

time28 minutes ago

  • New Indian Express

US and China to talk in Stockholm on trade with eye on Trump-Xi summit later this year

Fentanyl-related tariffs are likely a focus for China In Stockholm, Beijing will likely demand the removal of the 20% fentanyl-related tariff that Trump imposed earlier this year, said Sun Yun, director of the China program at the Washington-based Stimson Center. This round of the U.S.-China trade dispute began with fentanyl, when Trump in February imposed a 10% tariff on Chinese goods, citing that China failed to curb the outflow of the chemicals used to make the drug. The following month, Trump added another 10% tax for the same reason. Beijing retaliated with extra duties on some U.S. goods, including coal, liquefied natural gas, and farm products such as beef, chicken, pork and soy. In Geneva, both sides climbed down from three-digit tariffs rolled out following Trump's "Liberation Day" tariffs in April, but the U.S. kept the 20% "fentanyl" tariffs, in addition to the 10% baseline rate — to which China responded by keeping the same 10% rate on U.S. products. These across-the-board duties were unchanged when the two sides met in London a month later to negotiate over non-tariff measures such as export controls on critical products. The Chinese government has long protested that American politicians blame China for the fentanyl crisis in the U.S. but argued the root problem lies with the U.S. itself. Washington says Beijing is not doing enough to regulate precursor chemicals that flow out of China into the hands of drug dealers. In July, China placed two fentanyl ingredients under enhanced control, a move seen as in response to U.S. pressure and signaling goodwill. Gabriel Wildau, managing director at the consultancy Teneo, said he doesn't expect any tariff to go away in Stockholm but that tariff relief could be part of a final trade deal. "It's possible that Trump would cancel the 20% tariff that he has explicitly linked with fentanyl, but I would expect the final tariff level on China to be at least as high as the 15-20% rate contained in the recent deals with Japan, Indonesia, Vietnam," Wildau said.

TCS to axe 12,000 jobs; IT giant's biggest layoff ever
TCS to axe 12,000 jobs; IT giant's biggest layoff ever

Time of India

time32 minutes ago

  • Time of India

TCS to axe 12,000 jobs; IT giant's biggest layoff ever

TCS to axe 12,000 jobs; IT giant's biggest layoff ever BENGALURU/MUMBAI: In what will be its biggest layoff to date, India's largest IT services company and Tata Group's most-profitable unit, TCS, will axe 12,261 jobs, which is approximately 2% of its workforce as AI-led disruptions and macro uncertainties affect business demand. TCS, chaired by N Chandrasekaran, had just over 6.1 lakh employees worldwide as of June. The company has been periodically restructuring its workforce in response to changing business dynamics and other factors. In FY15, it eliminated more than 3,000 jobs, representing about 1% of its total employee count. The latest job cuts will primarily affect mid-level and senior executives. This move marks one of the company's most significant strategic shifts: embracing AI, and letting go of employees who cannot be redeployed within the firm. The workforce reduction — long considered rare in the industry — underscores the tough demand environment, especially in the absence of large deals like BSNL. Industry observers see this as an early sign of a broader shift, where rising reliance on automation and margin pressures are driving companies to reduce employee costs. TCS said the restructuring initiative is aimed at transforming the company into a future-ready organisation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mini House for 60 sqm for Seniors with Toilet and Bath (Price May Surprise You) Pre Fabricated Homes | Search Ads Search Now Undo 'This includes strategic initiatives on multiple fronts, and while these changes are necessary for our growth and evolution, we understand the impact on our colleagues. We thank them for their service and are committed to supporting them through this transition,' TCS CEO K Krithivasan said in an email to employees. Phil Fersht, CEO of HfS Research, said the impact of AI is eating into the people-heavy services model and forcing the large providers to rebalance their workforces to maintain their margins and stay price competitive in a cut-throat market where clients are demanding 20-30% price reductions on deals. Other Tata Group entities, such as Tata Steel and Tata Motors, have also been cutting jobs periodically to lower costs and enhance profitability. In 2019, Tata Steel eliminated 3,000 jobs in its European operations. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Kim Jong Un's sister dismisses South Korea's peace proposals, calls it 'miscalculation'
Kim Jong Un's sister dismisses South Korea's peace proposals, calls it 'miscalculation'

Time of India

time42 minutes ago

  • Time of India

Kim Jong Un's sister dismisses South Korea's peace proposals, calls it 'miscalculation'

North Korea has no interest in any policy or proposals for reconciliation from South Korea, the powerful sister of its leader Kim Jong Un said on Monday in the first response to South Korean liberal President Lee Jae Myung 's peace overtures . Kim Yo Jong , who is a senior North Korean ruling party official and is believed to speak for the country's leader, said Lee's pledge of commitment to South Korea-U.S. security alliance shows he is no different from his hostile predecessor. Explore courses from Top Institutes in Please select course: Select a Course Category CXO Leadership Cybersecurity Finance Product Management Operations Management MCA Management Others Data Science Healthcare Digital Marketing Public Policy Data Science Technology PGDM others Degree Artificial Intelligence Design Thinking healthcare MBA Project Management Data Analytics Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details "If South Korea expects to reverse all the consequences of (its actions) with a few sentimental words, there could be no greater miscalculation than that," Kim said in comments carried by official KCNA news agency. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tan Tao A: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo Lee, who took office on June 4 after winning a snap election called after the removal of hardline conservative Yoon Suk Yeol over a failed attempt at martial law, has vowed to improve ties with Pyongyang that had reached the worst level in years. As gestures aimed at easing tensions, Lee suspended loudspeaker broadcasts blasting anti-North propaganda across the border and banned the flying of leaflets by activists that had angered Pyongyang. Live Events Kim, the North Korean official, said those moves are merely a reversal of ill-intentioned activities by South Korea that should never have been initiated in the first place. "In other words, it's not even something worth our assessment," she said. "We again make clear the official position that whatever policy is established in Seoul or proposal is made, we are not interested, and we will not be sitting down with South Korea and there is nothing to discuss." There has been cautious optimism in the South that the North may respond positively and may even show willingness to re-engage in dialogue, particularly after Pyongyang also shut off its loudspeakers, a move Lee said was quicker than expected. Still, Lee, whose government is in the midst of tough negotiations with Washington to avert punishing tariffs that President Donald Trump has threatened against a string of major trading partners, has said U.S. alliance is the pillar of South Korea's diplomacy. "Through efforts in the areas of politics, economic security and culture, we will strengthen the South Korea-U.S. alliance that was sealed in blood," Lee said in remarks commemorating the anniversary of the Korean War armistice on Sunday. North Korea also marked the anniversary which it calls victory day with events including a parade in Pyongyang, although state media reports indicated it was at a relatively lesser scale compared to some previous years. The two Koreas, the United States and China, which are the main belligerents in the 1950-53 Korean War, have not signed a peace treaty.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store