Connect with us

Business

Zomato buys Lucknow-based TechEagle for delivering food via drones

Published

on

Zomato, Deliver food via drones in India, Online ordering app, Lucknow-based startup, TechEagle Innovations, Drones, Drone based food delivering system, Food delivering boys, Business news

New Delhi: With an aim to deliver food via drones in India, online ordering app Zomato on Wednesday announced it has acquired a Lucknow-based startup TechEagle Innovations that works exclusively on drones, for an undisclosed sum.

 

Zomato, Deliver food via drones in India, Online ordering app, Lucknow-based startup, TechEagle Innovations, Drones, Drone based food delivering system, Food delivering boys, Business news

 

TechEagle will help Zomato create a hub-to-hub delivery network powered by hybrid multi-rotor drones, the company said in a statement.

“We are currently at the early stage of aerial innovations and are taking baby steps towards building a tomorrow wherein users can expect a drone to deliver the food they ordered online,” said Deepinder Goyal, Founder and CEO, Zomato.

 

Zomato, Deliver food via drones in India, Online ordering app, Lucknow-based startup, TechEagle Innovations, Drones, Drone based food delivering system, Food delivering boys, Business news

 

TechEagle was founded in 2015 by IIT-Kanpur alumnus Vikram Singh Meena.

“Our first ‘delivery job’ currently is to design multi-rotor drones that can pick up a payload under 5 kg and set up drone delivery circuits for reducing the last mile delivery leg,” added Goyal.

 

Zomato acquires Lucknow-based TechEagle to deliver food through drones:

 

Zomato has over 75,000 restaurant partners offering food delivery services across over 100 cities in India.

 

Zomato, Deliver food via drones in India, Online ordering app, Lucknow-based startup, TechEagle Innovations, Drones, Drone based food delivering system, Food delivering boys, Business news

 

It acquired Runner last year and currently has over 1.5 lakh delivery partners as part of its last mile delivery fleet.

“We are excited to be a part of the team and together build something which will certainly play a significant role in the future of primary and secondary logistics in the food supply chain in India,” added Meena.

 

Zomato, Deliver food via drones in India, Online ordering app, Lucknow-based startup, TechEagle Innovations, Drones, Drone based food delivering system, Food delivering boys, Business news

 

The acquisition came after Zomato announced earlier this week that Durga Raghunath, currently Chief Executive Indian Express Digital Media Services, will be joining the company as Senior Vice President-Growth, effective December 21.

 

Business

Govt plans to boost organic farming by doubling allocation,but experts say it’s anti Swadeshi

Published

on

  • Agriculture Ministry has proposed to double the allocation for the sector to Rs 1,300 crore annually in coming years
  • It has also proposed to bring additional 25 lakh hectares under organic farming in the next 5 years.
  • The current organic farming coverage of 28 lakh hectares is a measly 2% of the total farm land.
  • Zero budget farming expert Subhash Palekar thumbed down the government’s move saying it was a foreign concept and destroys fertility of the farmland

In a serious push to natural farming within the nation, the Agriculture Ministry has proposed to double the allocation for the sector to Rs 1,300 crore yearly. The Center has supplied Rs 660 crore to help the sector in its funds estimate (BE) for FY21. In a presentation to the Fifteenth Finance Fee, the Agriculture Ministry has proposed to convey extra 25 lakh hectares underneath natural farming within the subsequent 5 years. The present natural farming protection of 28 lakh hectares is a measly 2% of the entire farm land.

The federal government has been selling natural farming within the nation by varied central schemes. The transfer is geared toward decreasing the usage of chemical fertilizers, pesticides and progress regulators. States corresponding to Madhya Pradesh, Gujarat, Maharashtra and Sikkim have boosted natural farming by offering varied incentives and help.

In January 2016, Sikkim was declared India’s first 100% natural state. Regardless of the federal government’s push for natural farming, its adoption has been sluggish. In comparison with a few of the European nations, the entire acreage underneath natural farming is far decrease. As per Eurostat, the entire space underneath natural farming within the European Union (EU) has been growing through the years. In 2018, the entire space underneath natural farming was 13.four million hectares of the agricultural land.

This made up about 7.5% of complete EU agricultural land in that 12 months. Moreover motivating farmers to take up natural farming, India has been pushing for exports of natural merchandise particularly vegetables and fruits. As per Agricultural and Processed Meals Merchandise Export Improvement Authority (APEDA), complete exports of natural merchandise in worth phrases recorded a 50 per cent leap in 2018-19 to Rs 5,151 crore. Among the many main meals gadgets that had been shipped out from the nation included flax seeds, sesame, soybean, arhar (purple gram), rice and tea. The US and European Union (EU) member-countries had been the most important consumers of those natural merchandise.

However not everybody is happy about natural farming. Subhash Palekar –  the pioneer of Zero Funds Pure Farming (ZBNF) – mentioned that natural farming is a overseas technique and shouldn’t be inspired when the federal government is stressing on AtmanirbharBharat.

“AtmanirbharBharat means Swadeshi. Natural farming will not be Swadeshi and it destroys the fertility of the land. It’s far dearer than standard farming utilizing chemical fertilizers. The enter value is much increased in case of natural farming. It is past my understanding that whereas the federal government is speaking about Atmanirbhar Bharat it has determined to advertise natural farming. This coverage will not be proper,” Palekar mentioned.

Agriculture coverage professional Vijay Sardana mentioned that there was no dependable information to conclude that productiveness goes up in natural farming. “There is no such thing as a subject in pushing for natural farming however the authorities also needs to spell out its meals safety plan. Then, the opposite subject is natural merchandise are offered at a premium so solely the wealthy can afford to purchase,” Sardana mentioned.

Continue Reading

Trending