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Why Kenya's Agritech Startups Struggle to Penetrate the Market Despite Strong Investment
Discover why Kenya’s agritech startups struggle with market penetration despite strong investment, and explore how regulatory challenges and fragmented services hinder growth in the sector. Kenya’s agritech industry faces hurdles beyond funding, including complex regulations and data security concerns. Learn how startups can overcome these challenges to scale and succeed. Uncover the key barriers…
#agricultural technology Kenya#agritech ecosystem#agritech innovation challenges#agritech investment Kenya#agritech market penetration#agritech partnerships#Agritech Startups#AI in farming#climate resilience farming#data privacy in agriculture#data security agritech.#digital agricultural transformation#digital farming tools#digital financial services for farmers#farmer adoption of technology#fragmented service providers#IoT in agritech#Kenya agritech challenges#Kenya’s digital ecosystem#Mercy Corps AgriFin#public sector data in agriculture#regulatory barriers agritech#small-scale farming Kenya#smart farming Kenya#stakeholder engagement in agritech#sustainable agriculture Kenya#tech solutions for farmers#technology adoption barriers#technology-driven agriculture
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Vertical Farming Market Growth: Industry Analysis and Forecast 2033 | Market Strides
Vertical Farming Market
The latest study released on the Global Vertical Farming Market by Market Strides, Research evaluates market size, trend, and forecast to 2033. The Vertical Farming Market consider covers noteworthy inquire about information and proofs to be a convenient asset record for directors, investigators, industry specialists and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, openings and up and coming challenges and approximately the competitors.
Some of the key players profiled in the study are:
Hamari Krishi
Plenty Unlimited Inc.
BitMantis Innovations
AeroFarms
Lufa Farms
Urban Kissan
Triton Foodworks
FF Agro Technologies Private Limited
Letcetra Agritech
CityGreens
Get Free Sample Report PDF @ https://marketstrides.com/request-sample/vertical-farming-market
Scope of the Report of Vertical Farming Market :
The report also covers several important factors including strategic developments, government regulations, market analysis, and the profiles of end users and target audiences. Additionally, it examines the distribution network, branding strategies, product portfolios, market share, potential threats and barriers, growth drivers, and the latest industry trends.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Affect and Economic Slowdown globally. Keep up a competitive edge by measuring up with accessible commerce opportunity in Vertical Farming Market different portions and developing territory.
The titled segments and sub-section of the market are illuminated below:
By Type
Hydroponics
Aeroponics
Others
By Application
Vegetable Cultivation
Fruit Planting
Others
Get Detailed@ https://marketstrides.com/report/vertical-farming-market
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report:
•To carefully analyze and forecast the size of the Vertical Farming Market by value and volume.
• To estimate the market shares of major segments of the Vertical Farming Market
• To showcase the development of the Vertical Farming Market in different parts of the world.
• To analyze and study micro-markets in terms of their contributions to the Vertical Farming Market, their prospects, and individual growth trends.
• To offer precise and useful details about factors affecting the growth of the Vertical Farming Market
• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Vertical Farming Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Key questions answered:
• How feasible is Vertical Farming Market for long-term investment?
• What are influencing factors driving the demand for Vertical Farming Market near future?
• What is the impact analysis of various factors in the Global Vertical Farming Market growth?
• What are the recent trends in the regional market and how successful they are?
Buy Vertical Farming Market Research Report @ https://marketstrides.com/buyNow/vertical-farming-market
The market research report on the Global Vertical Farming Market has been thoughtfully compiled by examining a range of factors that influence its growth, including environmental, economic, social, technological, and political conditions across different regions. A detailed analysis of data related to revenue, production, and manufacturers provides a comprehensive view of the global landscape of the Vertical Farming Market. This information will be valuable for both established companies and newcomers, helping them assess the investment opportunities in this growing market.
Region Included are: Global, North America, Europe, APAC, South America, Middle East & Africa, LATAM.
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
At long last, Vertical Farming Market is a important source of direction for people and companies.
Thanks for reading this article; you can also get region wise report version like Global, North America, Europe, APAC, South America, Middle East & Africa, LAMEA) and Forecasts, 2025-2033
About Us:
Market Strides, a leading strategic market research firm, makes a difference businesses unquestionably explore their strategic challenges, promoting informed decisions for economical development. We give comprehensive syndicated reports and customized consulting services. Our bits of knowledge a clear understanding of the ever-changing dynamics of the global demand-supply gap across various markets.
Contact Us:
Email: [email protected]
#Vertical Farming Market Size#Vertical Farming Market Share#Vertical Farming Market Growth#Vertical Farming Market Trends#Vertical Farming Market Players
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AgriTECH: A Comprehensive Revenue Model (NON-SOCIAL ENTERPRISE)
AgriTECH is a robust platform designed to revolutionize the agricultural industry. To ensure its sustainability and growth, we've implemented a diverse revenue model that leverages multiple income streams. Let's delve into the key components of this model:
1.) On-Social Direct Sales
Social Commerce Integration: Seamlessly integrate AgriTECH with social media platforms like Facebook, Instagram, and TikTok, enabling vendors to showcase products and process sales directly.
Shoppable Posts: Host shoppable content on AgriTECH's official social media pages.
Live Selling Events: Facilitate live-streaming sales events where vendors connect directly with consumers.
Social Group Buying: Encourage group purchases and bulk orders through social platforms.
2.) Subscription Plans
Vendor Subscriptions: Offer tiered subscription plans with varying features and benefits.
Consumer Subscriptions: Provide premium memberships with exclusive perks and privileges.
Marketplace Subscriptions: Allow third-party sellers to list products on the AgriTECH marketplace.
3.) Freemium Model
Consumer Freemium: Offer a free version of the app with limited functionalities, encouraging users to upgrade to premium features.
Vendor Freemium: Provide free listings for vendors with limited visibility and features, upgradable to premium plans.
Pay-As-You-Go: Allow users to pay for specific features without committing to a subscription.
4.) Advertising Revenue
In-App Advertising: Showcase banner and pop-up ads from vendors and third-party brands.
Sponsored Listings: Allow vendors to pay to feature their products in search results.
Social Media Advertising: Utilize AgriTECH's social media platforms for branded content and promotions.
Video Ads and Tutorials: Create and monetize video content featuring vendors, farming practices, and product promotions.
Hyper-Local Ads: Target ads based on user location to showcase nearby vendors and regional products.
5.) Affiliate Marketing
Vendor Referral Program: Reward users and existing vendors for referring new vendors to the platform.
User Referral Program: Incentivize users to refer friends to the app.
Third-Party Affiliate Sales: Partner with agricultural suppliers, eco-friendly brands, and local businesses to sell their products through the AgriTECH platform.
Influencer Partnerships: Collaborate with influencers in the agricultural and sustainability niche to promote AgriTECH and its products.
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AgriTECH: A Comprehensive Revenue Model (Non-Social Enterprise)
AgriTECH is a robust platform designed to revolutionize the agricultural industry. To ensure its sustainability and growth, we've implemented a diverse revenue model that leverages multiple income streams. Let's delve into the key components of this model:
On-Social Direct Sales
Social Commerce Integration: Seamlessly integrate AgriTECH with social media platforms like Facebook, Instagram, and TikTok, enabling vendors to showcase products and process sales directly.
Shoppable Posts: Host shoppable content on AgriTECH's official social media pages.
Live Selling Events: Facilitate live-streaming sales events where vendors connect directly with consumers.
Social Group Buying: Encourage group purchases and bulk orders through social platforms.
Subscription Plans
Vendor Subscriptions: Offer tiered subscription plans with varying features and benefits.
Consumer Subscriptions: Provide premium memberships with exclusive perks and privileges.
Marketplace Subscriptions: Allow third-party sellers to list products on the AgriTECH marketplace.
Freemium Model
Consumer Freemium: Offer a free version of the app with limited functionalities, encouraging users to upgrade to premium features.
Vendor Freemium: Provide free listings for vendors with limited visibility and features, upgradable to premium plans.
Pay-As-You-Go: Allow users to pay for specific features without committing to a subscription.
Advertising Revenue
In-App Advertising: Showcase banner and pop-up ads from vendors and third-party brands.
Sponsored Listings: Allow vendors to pay to feature their products in search results.
Social Media Advertising: Utilize AgriTECH's social media platforms for branded content and promotions.
Video Ads and Tutorials: Create and monetize video content featuring vendors, farming practices, and product promotions.
Hyper-Local Ads: Target ads based on user location to showcase nearby vendors and regional products.
Affiliate Marketing
Vendor Referral Program: Reward users and existing vendors for referring new vendors to the platform.
User Referral Program: Incentivize users to refer friends to the app.
Third-Party Affiliate Sales: Partner with agricultural suppliers, eco-friendly brands, and local businesses to sell their products through the AgriTECH platform.
Influencer Partnerships: Collaborate with influencers in the agricultural and sustainability niche to promote AgriTECH and its products.
Cerbito, Matt Justin J.
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Africa Agritech Market: Trends, Drivers, and Opportunities
The Africa agritech market is experiencing a transformative wave as technology meets agriculture, unlocking new potential for farmers and agribusinesses across the continent. With a rapidly growing population and increasing demand for food security, this market is ripe for innovation. This report explores the current landscape, highlighting key trends, challenges, opportunities, and market drivers.
Full Report At: https://www.xinrenresearch.com/regional-reports/africa-agritech-market/
Market Dynamics of Agritech in Africa
The agritech market in Africa is evolving due to a confluence of factors, including advancements in technology, changing consumer preferences, and the urgent need for sustainable agricultural practices. As African nations strive for food security and improved agricultural productivity, agritech solutions are stepping in to bridge the gap.
Innovations such as precision agriculture, mobile apps for farming advice, and automated farming equipment are gaining traction. These technologies not only enhance productivity but also contribute to sustainable farming practices that are vital for the continent's future.
Key Market Drivers
Population Growth and Urbanization Africa's population is projected to reach 2.5 billion by 2050, leading to increased food demand. Urbanization further drives the need for efficient agricultural practices to ensure food security for growing urban populations.
Technological Advancements The rise of digital technology, including mobile phones and the internet, is revolutionizing agriculture in Africa. Farmers now have access to valuable information, market prices, and weather forecasts, enabling better decision-making and increased productivity.
Government Initiatives Many African governments are implementing policies to promote agritech adoption. These initiatives include funding for research and development, subsidies for technology adoption, and partnerships with private sector players to foster innovation.
Investment from Private Sector There is a surge in investment from venture capital firms and agribusinesses looking to tap into the African agritech space. This influx of funding supports startups and established companies in developing innovative solutions tailored to local agricultural challenges.
Climate Change and Sustainability As climate change poses significant threats to agriculture, there is a pressing need for sustainable practices. Agritech solutions, such as drought-resistant crops and efficient water management systems, help farmers adapt to changing conditions while promoting environmental sustainability.
Key Trends in the Africa Agritech Market
Precision Agriculture The adoption of precision agriculture technologies is on the rise. Farmers are utilizing data analytics, satellite imagery, and IoT devices to monitor crop health, optimize resource use, and increase yields.
Digital Platforms for Market Access Digital platforms are connecting farmers with consumers, enabling direct sales and reducing reliance on middlemen. These platforms enhance transparency and improve farmers’ income by giving them access to broader markets.
Agri-Fintech Solutions Financial technology tailored for agriculture is gaining momentum. Innovative financing solutions, such as microloans and insurance products, are helping farmers access capital and manage risks effectively.
Challenges Facing the Market
Despite its potential, the Africa agritech market faces several challenges. Limited access to technology and infrastructure in rural areas can hinder adoption. Additionally, regulatory hurdles and lack of awareness among farmers about available technologies can slow market growth. Ensuring that solutions are affordable and accessible to smallholder farmers remains a significant challenge.
Opportunities for Growth
The future of the Africa agritech market is promising. As technology continues to evolve and investment increases, the potential for agritech solutions to transform the agricultural landscape is immense. Companies that focus on developing affordable, scalable, and user-friendly technologies will likely thrive in this emerging market.
Conclusion
The Africa agritech market is at a critical turning point. With a growing population, increasing demand for food security, and the rise of innovative technologies, the potential for growth is substantial. By embracing agritech solutions and fostering collaboration among stakeholders, Africa can revolutionize its agricultural sector and pave the way for a sustainable future.
This market represents more than just agricultural innovation; it embodies the hope for a food-secure Africa. Those who seize the opportunities and address the challenges will play a crucial role in shaping the continent's agricultural landscape for generations to come.
More Reports At : https://www.xinrenresearch.com/
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International Business Awards in Africa: What Judges Are Really Looking For in 2024
As the African business landscape continues to thrive, international business awards are becoming an increasingly important platform for recognizing innovation, leadership, and social impact across the continent. If you are considering how to nominate for international business awards in Africa or aiming for the prestigious International Prime Awards and events in Africa, understanding what judges are looking for is essential to your success.
In this guide, we’ll walk you through the key criteria judges will focus on in 2024, helping you craft a strong and competitive nomination.
1. Innovation: Leading the Charge in Africa’s Business Landscape
In 2024, innovation remains a top priority for judges, especially as African businesses continue to make groundbreaking strides in technology, sustainability, and creative problem-solving.
Judges are keen to see how businesses are using innovation to solve real-world challenges and drive growth. Whether your business is introducing a new technology, improving processes, or pioneering a novel approach to social issues, your nomination should highlight the ways you are pushing the boundaries within your industry.
Innovation doesn’t only refer to product development. It could include innovative business models, marketing strategies, or operational processes that set your company apart from competitors. African businesses, especially in sectors like fintech, renewable energy, and agritech, are leading the way in creative solutions that address both local and global challenges.
How to Highlight Innovation in Your Nomination:
Showcase how your innovations have resulted in measurable success, such as increased market share or customer satisfaction.
Include specific examples, such as new products, services, or technologies your business has introduced in the past year.
Explain how your innovation is contributing to broader economic or social progress in Africa.
2. Sustainability and Social Impact: Shaping Africa’s Future
As sustainability and social responsibility take center stage, judges are increasingly favoring businesses that demonstrate a clear commitment to making a meaningful impact on African communities and the environment.
Sustainability is no longer just a buzzword—it is a vital aspect of how businesses are evaluated in 2024. Judges want to see how your business is contributing to the long-term health of the planet and the communities in which you operate. For African businesses, this could mean anything from eco-friendly production practices to initiatives that empower local communities.
Social impact is also a key consideration. Judges will look for companies that not only focus on profit but also contribute positively to societal challenges such as poverty, education, and healthcare. Businesses that can showcase a blend of profitability with a clear corporate social responsibility (CSR) strategy are likely to stand out in the awards.
How to Highlight Sustainability and Social Impact:
Provide data and examples that demonstrate your sustainability initiatives, such as reducing carbon emissions or improving energy efficiency.
Discuss community-based projects or partnerships that your business has undertaken to make a positive social impact.
Explain how these efforts align with your overall business goals and how they benefit both your company and the community.
3. Leadership and Vision: Inspiring Growth and Change
Judges want to see businesses led by visionary leaders who not only drive financial growth but also inspire innovation and progress within their industries.
Leadership plays a critical role in shaping the direction of a business. Judges will assess the leadership team’s ability to guide the company through both successes and challenges. They want to see leaders who are forward-thinking, adaptable, and capable of driving change in their industries.
It’s also important to demonstrate how leadership has influenced your business’s growth, innovation, and impact. Strong leadership often translates into a clear vision for the future, and businesses that can communicate this vision effectively will gain an edge in the competitive landscape of international business awards.
How to Highlight Leadership in Your Nomination:
Include examples of key decisions made by your leadership team that have positively impacted your business.
Highlight how your leadership fosters a culture of innovation, adaptability, and inclusivity.
Showcase any awards, recognitions, or endorsements your leadership team has received.
4. Financial Performance and Scalability: Proving Business Viability
While creativity and impact are crucial, judges will also scrutinize your financial performance and scalability to ensure your business has long-term viability.
No matter how innovative or socially responsible your business is, its financial health will always be a major factor in the evaluation process. Judges will look for businesses that demonstrate consistent financial growth, stability, and the potential to scale. African businesses that show they can thrive in competitive markets while maintaining profitability are more likely to catch the judges’ attention.
Additionally, scalability is an important criterion. Judges want to see how your business plans to grow, not just in your local market but potentially on a regional or global scale. Businesses that have a clear plan for expansion or that are already operating across multiple markets will stand out.
How to Highlight Financial Performance and Scalability:
Provide financial reports, growth statistics, and revenue data that reflect your business’s stability and growth.
Discuss any expansion plans, partnerships, or new markets you are targeting.
Show how your business model is scalable and adaptable to new opportunities.
5. Adaptability and Resilience: Thriving in Africa’s Dynamic Business Environment
In a rapidly changing economic landscape, judges will pay close attention to how businesses adapt to challenges and demonstrate resilience.
African businesses often operate in dynamic and sometimes unpredictable environments. Judges will want to see how well your business can adapt to changes in the market, economic conditions, and other external factors. Companies that demonstrate resilience in the face of adversity—whether it’s navigating a pandemic, economic downturn, or supply chain disruptions—are viewed as strong contenders for awards.
Adaptability is another critical factor. Judges will assess how quickly and efficiently your business can pivot to meet new demands or challenges, ensuring long-term sustainability and success.
How to Highlight Adaptability and Resilience:
Share specific examples of challenges your business has faced and how you overcame them.
Demonstrate how your business has pivoted in response to market changes or crises.
Highlight your strategies for staying competitive in an ever-evolving business landscape.
6. Diversity and Inclusion: Driving Equity in Business
Diversity and inclusion will be key judging factors in 2024, with a focus on how businesses foster equity within their teams and communities.
As Africa’s business landscape continues to grow, diversity and inclusion are becoming essential factors in business success. Judges want to see how your business is actively promoting diversity within your workforce and how inclusive your leadership and corporate culture are.
Fostering diversity doesn’t only apply to internal operations. Judges will also look at how your business is contributing to social equity in the wider community. Businesses that support marginalized groups or promote gender equality and economic empowerment are highly valued in the awards process.
How to Highlight Diversity and Inclusion:
Provide data on diversity within your organization, such as gender representation, leadership diversity, and inclusive hiring practices.
Highlight any initiatives your business has taken to support equity and inclusion within the community.
Showcase awards or recognitions related to diversity and inclusion that your business has received.
Conclusion: Align Your Nomination with Judges’ Expectations for 2024
By focusing on innovation, sustainability, leadership, financial performance, adaptability, and inclusion, your business can capture the attention of judges and stand out in the competitive landscape of international business awards in Africa.
To make your nomination stand out, you need to go beyond the basics and align your submission with what judges value most in 2024. Whether you are submitting for international prime awards and events in Africa or other international business awards, focusing on these key areas will significantly improve your chances of success.
By preparing a detailed and thoughtful nomination, you’re not just showcasing your business—you’re positioning yourself as a leader in Africa’s dynamic and rapidly growing business environment. Take the time to review the judging criteria, gather strong supporting evidence, and craft a compelling narrative that highlights why your business deserves recognition.
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OCBC NISP Ventura: Supporting Indonesia's Startup Ecosystem and SMEs
OCBC NISP Ventura, part of the OCBC NISP Group, focuses on investing in Indonesia’s growing startup and small to medium-sized enterprises (SME) sectors. With the rise of digital transformation and innovation, OCBC NISP Ventura plays a crucial role in providing much-needed financial backing and strategic partnerships to help foster economic growth. In this article, we’ll explore OCBC NISP Ventura’s contributions to the development of startups and SMEs link daftar slot in Indonesia.
Background and Mission of OCBC NISP Ventura
Established with the mission of facilitating growth and innovation in the Indonesian startup ecosystem, OCBC NISP Ventura aims to provide capital access for early-stage companies and SMEs with high potential. The venture arm primarily focuses on investments in fintech, e-commerce, agritech, edutech, and healthtech sectors, where technology can drive positive social impact and scalable growth.
OCBC NISP Ventura serves as a catalyst for technological advancement by offering financial support, mentorship, and access to strategic networks. With this assistance, the firm empowers businesses to innovate, scale, and create sustainable impact across various industries.
Strategic Focus and Areas of Investment
OCBC NISP Ventura’s investment strategy revolves around startups that leverage technology to solve local challenges in Indonesia. By focusing on sectors such as financial technology (fintech), the venture arm seeks to support companies that democratize financial services, helping to increase financial inclusion across the country. Additionally, their involvement in agritech and healthtech aims to address critical challenges in agriculture and healthcare through tech-based solutions.
The venture capital arm is also deeply involved in fostering the digitalization of SMEs. Recognizing that SMEs are the backbone of Indonesia’s economy, OCBC NISP Ventura provides specialized financial products and guidance that help small businesses navigate challenges and expand their operations. By collaborating with fintech and other innovative startups, OCBC NISP Ventura supports the digital transformation of traditional SMEs, helping them become more competitive in the digital economy.
Partnerships and Industry Collaboration
OCBC NISP Ventura’s success stems from its ability to collaborate with various stakeholders, including entrepreneurs, investors, and industry experts. These partnerships allow the venture arm to stay ahead of technological trends and identify high-potential startups that are aligned with the needs of the market. Through its network, OCBC NISP Ventura connects startups with essential resources, helping them accelerate their growth and scale their impact.
Moreover, by working closely with other financial institutions, regulators, and government agencies, OCBC NISP Ventura ensures that the startup ecosystem is well-supported. These collaborations enable it to offer not just capital but also strategic insights, industry knowledge, and market access to startups and SMEs.
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[ad_1] GG News Bureau Lucknow, 15th Oct. Israel’s Ambassador to India, Reuven Azar, met with Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday to discuss strengthening ties between Israel and UP, particularly in the agricultural sector. During the meeting, Azar congratulated Adityanath for his efforts in making the state “more secure” and expressed gratitude for the chief minister’s support for Israel amid ongoing tensions in Gaza. In a post on X, Adityanath highlighted the “deep bond” between Uttar Pradesh and Israel, calling the discussions with Azar “highly fruitful and meaningful.” The two leaders focused on utilizing technology and marketing strategies to enhance agricultural productivity, with Agriculture Minister Surya Pratap Shahi also participating in the talks. Shahi noted the intention to expand the technical partnership between Israel and UP, particularly by connecting small farmers to existing centers of excellence supported by Israeli expertise. Currently, two such centers operate in Kannauj and Basti, with plans for two additional centers in Kaushambi and Chandauli. Azar encouraged UP’s participation in the upcoming Agritech Exhibition scheduled for 2025 and expressed commitment to addressing the issues discussed during the meeting. In a related note, as of July 2023, UP had sent 4,415 workers to Israel, the highest among Indian states, as recruitment drives were held in Lucknow to fill positions in the construction sector, which has faced labor shortages due to the ongoing conflict in Gaza. [ad_2] Source link
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[ad_1] GG News Bureau Lucknow, 15th Oct. Israel’s Ambassador to India, Reuven Azar, met with Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday to discuss strengthening ties between Israel and UP, particularly in the agricultural sector. During the meeting, Azar congratulated Adityanath for his efforts in making the state “more secure” and expressed gratitude for the chief minister’s support for Israel amid ongoing tensions in Gaza. In a post on X, Adityanath highlighted the “deep bond” between Uttar Pradesh and Israel, calling the discussions with Azar “highly fruitful and meaningful.” The two leaders focused on utilizing technology and marketing strategies to enhance agricultural productivity, with Agriculture Minister Surya Pratap Shahi also participating in the talks. Shahi noted the intention to expand the technical partnership between Israel and UP, particularly by connecting small farmers to existing centers of excellence supported by Israeli expertise. Currently, two such centers operate in Kannauj and Basti, with plans for two additional centers in Kaushambi and Chandauli. Azar encouraged UP’s participation in the upcoming Agritech Exhibition scheduled for 2025 and expressed commitment to addressing the issues discussed during the meeting. In a related note, as of July 2023, UP had sent 4,415 workers to Israel, the highest among Indian states, as recruitment drives were held in Lucknow to fill positions in the construction sector, which has faced labor shortages due to the ongoing conflict in Gaza. [ad_2] Source link
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India-Israel Tech Partnership: A Catalyst for India's Economic Growth
The strategic partnership between India and Israel, particularly in the area of technology, has played a transformative role in shaping the Indian economy over the years. The two nations have been growing together in a long-standing relationship that goes beyond diplomatic ties. Major collaborations are visible in defence, agriculture, water management, and lately, in technology. With the increasing globalization and innovation, India has seen that Israel's advanced technologies can take it to a position where it wants to be an economy.
Israel popularly became known as the "Startup Nation" because of the very vibrant nature of the technology ecosystem. It hosts a population of just over 9 million and has the highest number of startups per capita globally. These startups specialize in high-tech innovation, cybersecurity, artificial intelligence, and defence technologies. India is also a rapidly growing economy with an extensive market of great depth. These make India an ideal partner for Israel's tech ventures. It has led to technological development in both countries, but its benefits have also been felt in both countries' economies.
This partnership has brought about much-needed change in one specific segment of India's economy. That sector is that of agriculture technology, AgriTech. Israel's desalination and drip irrigation techniques have taken the farm sector of India by storm, especially in the arid zones of India. Due to chronic water shortages in states such as Gujarat and Rajasthan, Israeli technologies enable their farmers to maximise water usage, lift yields, and reduce costs. These innovations are augmenting the livelihoods and stability in the economy and medium-term food security of rural communities in India.
Alongside agriculture, the other major areas of cooperation encompass the sector of defence and cybersecurity. Since India was constantly being challenged on borders, the country went out in search of advanced defence technologies with Israel, and, over time, Israeli defence houses like Rafael and Elbit Systems started supplying India with the most sophisticated missile systems, drones, and other surveillance equipment. This not only strengthens India's defence capabilities, but it has direct economic implications in terms of creating jobs and boosting local production under initiatives like Make in India and propelling innovation in India's technology landscape.
The flow of knowledge and technology from India to Israel is not a one-way street. Indian entrepreneurs and startups are increasingly working with Israeli companies to develop products for global markets. The India-Israel Innovation Bridge, a platform for cross-collaboration between the startups of both countries, it has led to several joint ventures in artificial intelligence, fintech, and health tech. This has opened up new opportunities for Indian businesses by spurring innovation and propelling a culture of entrepreneurship in India, which will fuel further growth in the economy.
A perfect example is Tata Consultancy Services (TCS). This is one of India's biggest IT companies, which has collaborated with the Israeli tech sector to come up with AI-driven applications for many sectors. With this collaboration, TCS is in a position to come up with innovative products that are being used not only in the country but also exported to the international market, thereby growing India's share in the global economy of technology.
One of the most gigantic challenges India faces at present is water scarcity. The Israeli understanding in this regard has had an immense economic impact there. This paper discusses one such collaborative endeavour - the India-Israel Bundelkhand Water Project, which aims at addressing the drought-prone area of Bundelkhand, a region in central India, and implements Israeli water conservation technology and practices among local communities to improve their control over the resource, thereby increasing agricultural productivity and establishing more sustainable conditions for the economy of farmers.
India-Israel's tech partnership will surely be a powerful driver of Indian economic growth. Taking the technological prowess of Israel and the vast market and production capabilities of India, it goes very well to offer each other a win-win situation for both their economies. From agriTech to defence, from cybersecurity to water management, the partnership is not only adding to India's technological capabilities but also jobs, thus making it more sustainable and putting India at the centre of the global tech landscape. As the partnership continues to grow, so will its impact on India's economy. It will be a springboard for innovation and economic prosperity.
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Patient Engagement Solutions Market Forecast to Grow at 17.54% CAGR from 2024 to 2031 | SkyQuest Technology
The Global Patient Engagement Solutions Market was valued at USD 16.58 billion in 2022 and is projected to grow to USD 70 billion by 2031, with a compound annual growth rate (CAGR) of 17.54% during the forecast period (2024-2031).
Market Overview
Patient engagement solutions refer to tools like online patient portals that enable medical organizations to interact effectively with their patients. The growing awareness of mobile health technologies, an aging population, and government incentives are driving demand for these solutions. Patients increasingly use technology to monitor and manage their health, particularly in cases of chronic illnesses. Innovations in health tracking, wearable devices, and remote monitoring are further boosting this market.
Get your free sample: https://www.skyquestt.com/sample-request/patient-engagement-solutions-market
Key Market Dynamics
Drivers: The advancement of mobile apps and wearables, increased awareness of chronic disease management, and government initiatives such as the Meaningful Use Act are propelling market growth.
Restraints: Strict regulatory frameworks like HIPAA and concerns over the protection of patient data are hindering wider adoption of patient engagement solutions.
Segmental Analysis Segmental Analysis
Component
Software (Standalone Software, and Services
Therapeutic Area
Chronic Diseases, Fitness, and Others
Functionality
Telehealth, E-Prescribing, and Billing & Payments
End Users
Providers and Payers Regional Insights
North America leads the market, driven by the widespread adoption of mobile health (mHealth) and electronic health records (EHRs). Government support and significant investments also contribute to regional dominance.
Asia Pacific is the fastest-growing region, with rising demand for modern healthcare systems, an increase in smartphone users, and government initiatives supporting patient engagement solutions.
Ask for customization: https://www.skyquestt.com/speak-with-analyst/patient-engagement-solutions-market
Competitive Landscape
IBM (US)
McKesson Corporation (US)
Allscripts (US)
ResMed (US)
Epic Systems Corporation (US)
Orion Health (New Zealand)
GetWellNetwork (US)
Athenahealth (US)
Oneview Healthcare (Ireland)
MEDITECH (US)
Cognizant (US)
Symphony Care (US)
Harris Healthcare (US)
Recent Developments
Engage Technologies Group Inc. partnered with APX Platform in April 2023 to create an industry-disrupting Practice Performance System aimed at improving patient engagement.
Athenahealth Inc. implemented its cloud-based EHR and patient engagement solution with LCH Health and Community Services in May 2023.
Go through the detailed TOC of the report: https://www.skyquestt.com/report/patient-engagement-solutions-market
Market Trends
The rise in personalized care and the adoption of mobile technology are major trends shaping the patient engagement solutions market. Mobile health apps and wearables are enabling patients to monitor and manage their health on their own, fostering higher patient engagement.
Conclusion
The patient engagement solutions market is experiencing significant growth driven by technological advancements and increasing patient awareness. Major players are competing in a rapidly evolving field, introducing innovative solutions and forming strategic partnerships to capture market share. The market is expected to expand substantially through 2031, with increasing demand for personalized healthcare solutions and remote monitoring technologies.
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: [email protected]
Visit Our Website: https://www.skyquestt.com/
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Does your business need a Growth Consultant?
A growth consultant can be instrumental for a startup, offering specialized expertise and guidance to drive business growth and navigate the complexities of scaling.
We at Camphor Solutions provide business growth consulting for consumer electronics wearables ngo social ventures heavy engineering machinery equipment companies food processing delivery logistics supply chain startups professional services ev automobile startups edtech elearning platforms wellness healthtech startups healthcare hospitals agritech agriculture startups travel tourism manufacturing industrial oem products consumer retail lifestyle products companies software it saas companies d2c ecommerce marketplaces b2b wholesale marketplace
Here’s why a growth consultant can be crucial:
1. Strategic Direction: Growth consultants help startups define and refine their growth strategy, ensuring alignment with business goals. They provide insights into market opportunities, competitive positioning, and long-term planning.
2. Data-Driven Decisions: They leverage data analytics to identify trends, measure performance, and make informed decisions. This includes analyzing customer behavior, sales data, and market trends to optimize growth strategies.
3. Market Penetration: Growth consultants assist in identifying target markets and developing strategies to enter or expand within these markets. They help in crafting effective marketing campaigns, sales strategies, and partnership opportunities.
4. Scalability Planning: Startups often face challenges when scaling operations. Growth consultants provide guidance on how to scale efficiently, including optimizing processes, technology integration, and resource allocation.
5. Optimization of Marketing Efforts: They offer expertise in various marketing channels, including digital marketing, content marketing, and social media. This ensures that marketing efforts are effective and ROI is maximized.
6. Revenue Growth: By analyzing current revenue streams and identifying new opportunities, growth consultants help in developing strategies to increase revenue. This might include pricing strategies, upselling, cross-selling, or exploring new business models.
7. Operational Efficiency: They assess existing operations and recommend improvements to increase efficiency. This could involve streamlining workflows, improving customer service, or enhancing product delivery.
8. Risk Management: Growth consultants help identify potential risks associated with growth and develop strategies to mitigate them. This includes financial risks, market risks, and operational risks.
9. Networking and Partnerships: They often have extensive networks and can connect startups with potential partners, investors, and industry experts. This can open doors to new opportunities and resources.
10. Objective Perspective: An external consultant provides an unbiased view of the business. They can offer fresh insights and identify issues that internal teams might overlook due to their proximity to the daily operations.
11. Implementation and Training: Growth consultants not only offer strategic advice but also assist in implementing growth strategies. They can provide training and support to ensure that the startup’s team is equipped to execute the plan effectively.
12. Adaptation to Market Changes: They help startups stay agile and adapt to changes in the market environment, ensuring that growth strategies remain relevant and effective in dynamic conditions.
In essence, a growth consultant brings expertise, experience, and an external perspective to a startup, facilitating smarter growth strategies, better decision-making, and more efficient scaling.
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Nigeria Breaking News on Local Brands: A Spotlight on Innovation and Growth
In a landscape defined by dynamic evolution and rapid growth, the narrative around Nigerian businesses has become increasingly captivating. This week, Nigeria breaking news on local brands highlights significant milestones, showcasing how these enterprises are making waves not only domestically but also on the global stage.
Flourish of the Fashion Industry
Nigeria’s fashion industry continues to gain international recognition, with brands like Tiffany Amber and Deola Sagoe leading the charge. These designers are not only celebrated for their unique designs that blend traditional African aesthetics with modern trends but also for their commitment to sustainable practices. Recently, Tiffany Amber launched a new collection made entirely from locally sourced materials, reinforcing the brand's dedication to supporting the Nigerian economy.
In other news, Orange Culture, another prominent Nigerian fashion house, made headlines by securing a collaboration with a major global retail chain. This partnership is set to introduce Nigerian designs to a broader audience, further establishing the country’s presence in the global fashion arena. Such developments underscore the vibrancy and potential of the Nigerian fashion sector.
Tech Startups Redefining the Digital Space
The tech ecosystem in Nigeria is a hotbed of innovation, with local startups gaining significant traction. This week’s Nigeria breaking news on local brands spotlights Flutterwave, a fintech company that has revolutionized payment solutions across Africa. Flutterwave recently announced a new partnership with Amazon, enabling seamless payment solutions for Nigerian merchants on the global platform. This move is expected to bolster cross-border commerce and provide Nigerian businesses with unprecedented access to international markets.
Another tech giant making waves is Paystack, which has continued to expand its influence after being acquired by Stripe. Paystack’s latest initiative focuses on enhancing financial inclusion by simplifying the process for small and medium enterprises to accept online payments. Their efforts are not just reshaping the financial landscape but also empowering countless local businesses.
Agricultural Innovations Leading the Way
In the agricultural sector, Nigerian brands are pioneering sustainable practices and innovative solutions to address food security challenges. Farmcrowdy, an agritech company, recently introduced a new digital platform designed to connect farmers directly with consumers. This initiative aims to reduce the supply chain bottlenecks and ensure farmers receive fair prices for their produce. Farmcrowdy's efforts are pivotal in transforming agriculture into a more lucrative and sustainable industry in Nigeria.
Additionally, Thrive Agric, another key player, has been in the news for its groundbreaking work in providing farmers with access to affordable financing. Their latest funding round, which attracted significant foreign investment, underscores the growing confidence in Nigeria's agritech potential.
A Promising Horizon
The narrative of Nigerian local brands is one of resilience, innovation, and an unwavering spirit. As these brands continue to break new ground, they not only contribute to the nation’s economic growth but also set a powerful example of African excellence on the world stage. This week's Nigeria breaking news on local brands serves as a testament to the incredible strides being made across various sectors, reflecting a future filled with promise and potential for the nation's entrepreneurs and businesses.
As we celebrate these achievements, it’s clear that the story of Nigerian brands is one of relentless pursuit of growth, innovation, and global impact. With every milestone, these brands are not just making headlines—they're creating legacies that will inspire generations to come.
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How to Start Fruit Export Business from India?
India's fruit sector is experiencing significant growth, presenting vast opportunities for exporters. From exotic kiwis to delectable mangoes, a world of flavors awaits discovery. India, with its diverse climate and long agricultural history, stands as a powerhouse in fruit production.
Why Export Fruits from India?
The high demand for premium fruits in countries like the US, Europe, Hong Kong, and Vietnam makes fruit export from India a lucrative business opportunity. Despite the challenges of navigating the fruit export industry, it remains a promising venture due to India's capacity to produce various fruits at competitive prices.
Fruit Export from India: Key Statistics and Facts
India is a major player in the global fruit export market. In the fiscal year 2022-2023, the country exported 674,291.70 MT of fresh fruits (excluding grapes and mangoes), generating revenue of Rs. 2,736.99 crores, equivalent to 339.00 USD million. Projections suggest that by 2024, India's fruit export industry will achieve a gross production value of USD 41.19 billion.
Top Fruits Exported from India
Mangoes:
India's mangoes, especially the Alphonso variety, are renowned worldwide for their rich, creamy texture and sweet, citrusy flavor. The demand for these mangoes is high in India and the Middle East, Europe, and the US.
Bananas:
As the world's largest producer of bananas, India's share in banana exports is steadily increasing. Besides fresh bananas, India also exports processed banana products like dried bananas, chips, and puree, catering to diverse culinary uses globally.
Pomegranates:
Known as the "jewels of winter," Indian pomegranates dominate over half of the world's production. Major export destinations include Greece, Israel, Russia, the UAE, and Italy.
Apples:
Indian apples, appreciated for their crispness and nutritional value, are exported primarily to Bangladesh, Nepal, and the Middle East. Varieties such as Green Apple, Pink Lady, Fuji, Gala, Honeycrisp, Envy, and Red Apple are well-known.
Oranges:
Indian oranges are versatile and in high demand for their use in food, perfumes, and cosmetics. Popular export varieties include Dancy, Nagpur Santra, Coorg Santra, Kinnow Mandarin, and Darjeeling Mandarin.
Leading Fruit Exporters in India
Prominent fruit exporters in India include:
Pisum Foods
Indian Farmers Export (IFE Fruits & Vegetables)
Radha Krishan Fruit Company
Jadli Foods India
Mahindra Agri
Balaji Foods Pvt Ltd
Dhanuka Agritech Ltd
Vardhan Exports Pvt Ltd
Golden Agri Exports Pvt Ltd
Vajreshwari Enterprises And Corp
Strategies for Successful Fruit Export from India
Establish an Export Firm:
Company Registration: Choose a suitable business structure (private limited, partnership, or sole proprietorship) and register with the Registrar of Companies (ROC).
Import Export Code (IEC): Obtain an IEC from the Directorate General of Foreign Trade (DGFT), certifying your business as an approved exporter.
Select Fruits for Export: Choose fruits with high export potential, considering factors like shelf life, export quantities, and market demand. Access real-time data from platforms like Eximpedia for insights.
Compliance and Documentation:
Registration and Licensing: Register with APEDA and secure necessary licenses.
Documentation: Ensure all export documents, including commercial invoices, origin certificates, and phytosanitary certifications, meet importing country specifications.
Access Reliable Export Data: Utilize platforms like Eximpedia to access market trends, competitor analysis, and potential buyer connections. This information is crucial for making informed export decisions.
Conclusion
India's fruit export industry is booming, driven by a diverse range of fruits and robust international trade relations. For new exporters, leveraging resources like Eximpedia can provide valuable insights and help establish a foothold in the global market. Whether you need updated fruit export data, a list of top fruit exporters, or information on fruit HS codes, Eximpedia offers comprehensive support to navigate the fruit export landscape. Connect with Eximpedia today for a free live demo and take the first step towards successful fruit exporting from India.
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The Tech Revolution: Exposing the Opportunities and Difficulties of Investing in Indian Tech Startups
In recent years, India has witnessed a remarkable tech revolution, characterized by the proliferation of innovative startups leveraging technology to disrupt traditional industries, drive economic growth, and solve complex challenges. As the world's third-largest startup ecosystem, India offers a fertile ground for investors seeking to capitalize on the opportunities presented by its dynamic tech landscape. In this blog post, we'll delve into the features of the tech revolution in India, explore the opportunities for investing in startups in India, and examine the challenges that investors may encounter in this burgeoning sector.
Understanding the Tech Revolution:
1. Digital Transformation: The tech revolution in India is fueled by digital transformation, encompassing the adoption of digital technologies such as cloud computing, artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), blockchain, and data analytics across various sectors.
2. Startup Ecosystem: India's startup ecosystem is vibrant and diverse, comprising thousands of technology-driven startups across domains such as e-commerce, fintech, healthtech, edtech, agritech, and SaaS (Software as a Service). These startups are disrupting traditional industries, driving innovation, and creating value in the economy.
3. Entrepreneurial Spirit: The tech revolution in India is fueled by a culture of entrepreneurship, innovation, and risk-taking, with ambitious founders and talented professionals driving the growth of startups through their creativity, resilience, and determination.
4. Government Support: The Indian government has launched initiatives such as Startup India, Digital India, Make in India, and Atmanirbhar Bharat to promote entrepreneurship, innovation, and technology adoption. These initiatives provide policy support, funding, incubation, and mentorship to startups, fostering a conducive ecosystem for growth.
5. Global Recognition: Indian tech startups have gained global recognition for their innovative solutions, disruptive business models, and scalability. Several Indian startups have achieved unicorn status (valuation of over $1 billion) and garnered investment from leading venture capital firms and strategic investors worldwide.
Opportunities for Investing in Indian Tech Startups:
1. High Growth Potential: Indian tech startups operate in dynamic and high-growth sectors with immense market potential, driven by demographic trends, consumer demand, and technological advancements. Investing in Indian startups offers the opportunity to capitalize on this growth potential and generate attractive returns on investment.
2. Innovative Solutions: Indian startups are known for their ability to develop innovative solutions to address diverse challenges across industries such as healthcare, education, finance, agriculture, logistics, and mobility. Investing in startups with disruptive technologies and business models allows investors to participate in shaping the future of these industries.
3. Access to Talent: India boasts a large pool of talented professionals with expertise in technology, engineering, design, and business management. Investing in Indian tech startups provides access to this talent pool, enabling startups to scale their teams, execute their vision, and drive innovation effectively.
4. Low Entry Barriers: The relatively low entry barriers and flexible investment structures in the Indian startup ecosystem make it accessible to a wide range of investors, including angel investors, venture capital firms, corporate investors, and individual investors. This democratization of investment opportunities allows investors to diversify their portfolios and participate in early-stage funding rounds.
5. Strategic Partnerships: Investing in Indian tech startups offers the opportunity to establish strategic partnerships and collaborations with innovative companies that have complementary strengths, technologies, or market access. Strategic investors can provide capital, industry expertise, networks, and mentorship to startups, accelerating their growth and market penetration.
Challenges of Investing in Indian Tech Startups:
1. Market Fragmentation: The Indian market is fragmented and diverse, with varying regulatory frameworks, consumer preferences, cultural nuances, and market dynamics across states and regions. Navigating this complexity requires a deep understanding of local market conditions and regulatory requirements.
2. Regulatory Uncertainty: Despite government initiatives to support startups, regulatory uncertainty and bureaucratic red tape remain challenges for investors in India. Complex regulatory frameworks, ambiguous laws, and frequent policy changes can create uncertainty and hinder investment decision-making.
3. Competition and Consolidation: The Indian startup ecosystem is highly competitive, with thousands of startups vying for market share and investor attention. As a result, investors face the challenge of identifying startups with sustainable competitive advantages, differentiation strategies, and scalable business models amidst intense competition.
4. Talent Shortage: While India boasts a large pool of talent, there is a shortage of skilled professionals with specialized expertise in areas such as technology, product development, marketing, and sales. Startups may struggle to attract and retain top talent, impacting their ability to execute growth plans effectively.
5. Execution Risks: Investing in early-stage startups involves inherent execution risks, including product development delays, market adoption challenges, technology scalability issues, and unforeseen regulatory hurdles. Investors must conduct thorough due diligence and assess the startup's ability to execute its business plan and mitigate risks effectively.
In conclusion, the tech revolution in India presents compelling opportunities for investors to participate in the growth and success of innovative tech startups that are reshaping industries, driving economic growth, and creating value in the digital age. With its vibrant startup ecosystem, entrepreneurial spirit, government support, and access to talent, India offers an attractive destination for investors seeking high-growth investment opportunities.
However, investing in Indian tech startups also entails navigating challenges such as market fragmentation, regulatory uncertainty, competition, talent shortage, and execution risks. By understanding these challenges and adopting a strategic approach to investment, investors can mitigate risks, capitalize on opportunities, and contribute to the growth and evolution of India's tech ecosystem.
In summary, investing in Indian tech startups is not only a financial opportunity but also a chance to be part of a transformative journey that is shaping the future of industries, economies, and societies. With the right vision, diligence, and collaboration, investors can play a crucial role in fueling innovation, driving positive change, and unlocking the full potential of India's tech revolution for generations to come.
This post was originally published on: Foxnangel
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