WayCool Foods Signs MoU with IIT Madras to Advance Regenerative Agriculture for Farmers in India
As part of the Memorandum of Understanding (MoU), WayCool Foods will contribute innovative agri-focused solutions to enhance the RASA stack, providing technical expertise for seeding and expansion. The company's deep domain knowledge in the agri supply chain, spanning from soil to sale, will be instrumental in strengthening the design and structure of the agri-stack.
WayCool Foods, a leading food and agri-tech platform, has announced a strategic partnership with the Indian Institute of Technology Madras (IIT-M) to expand the offerings for farmers under IIT-M's pioneering Regenerative Agriculture Sustainable Architecture (RASA) tech stack. This collaboration aims to foster a sustainable model of agriculture in India by leveraging WayCool Foods' expertise and on-ground knowledge in the agri supply chain.
WayCool Foods is a prominent food and agri-tech platform that leverages technology to improve the efficiency of the supply chain and reduce wastage. With its comprehensive expertise in the agri supply chain, WayCool Foods is committed to driving sustainable and regenerative practices in the Indian agricultural sector.
As part of the Memorandum of Understanding (MoU), WayCool Foods will contribute innovative agri-focused solutions to enhance the RASA stack, providing technical expertise for seeding and expansion. The company's deep domain knowledge in the agri supply chain, spanning from soil to sale, will be instrumental in strengthening the design and structure of the agri-stack. The partnership also emphasizes the importance of accumulating and disseminating knowledge among farmers regarding sustainable agricultural practices.
Karthik Jayaraman, the Managing Director of WayCool Foods, expressed his belief in the partnership, stating that the collaboration between WayCool Foods and IIT Madras will give farmers access to cutting-edge technologies. This, in turn, will empower farmers to proactively address the challenges of climate change as they undertake the crucial task of feeding the global population.
IIT Madras introduced the RASA Tech Stack in 2022, aiming to empower farmers with tools for monitoring and fine-tuning cultivation and harvesting processes to maximize yields. This comprehensive tech stack covers the entire farm-to-kitchen cycle, encompassing pre-cultivation, cultivation, harvest, storage/shipment, marketing, and payment. By leveraging sensor technology and data science techniques, the RASA stack has the potential to enhance crop yields, reduce waste, and increase farmers' income.
The Indian Institute of Technology Madras (IIT-M) is a premier technical institute in India known for its excellence in education and research. The institute is at the forefront of technological innovation and has been instrumental in developing the RASA Tech Stack to revolutionize the farming and agriculture industry in India.
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M.J. Shankar Raman, CEO of IIT-M Pravartak, highlighted the goals of the collaboration, stating, "Through this partnership, we hope to create innovative solutions that address key challenges faced by the farming and agriculture industry today. By harnessing sensor technology and data science, we believe we can improve crop yield, reduce waste, and increase farmers' income. This collaboration will also create new opportunities for growth and innovation in this space."
The partnership between WayCool Foods and IIT Madras signifies a significant step toward sustainable agriculture in India. By combining their respective strengths, the two organizations aim to build a robust ecosystem for regenerative agriculture, enabling farmers to adopt sustainable practices while leveraging advanced technologies. This collaboration holds promise for the Indian farming community, as it equips them with the necessary tools to tackle climate change and ensures a prosperous future for agriculture in the country.
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