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TCS expects greater use of predictive intelligence in aviation to cut emissions, improve efficiency | Mint

LivemintLivemint · 1y ago
TCS expects greater use of predictive intelligence in aviation to cut emissions, improve efficiency | Mint
Medial

Companies in the aviation industry are increasingly turning to predictive intelligence solutions to enhance efficiency and reduce carbon emissions. Tata Consultancy Services (TCS) revealed a rise in interest for predictive intelligence solutions that can address engine efficiency, maintenance and repair, and supply chain issues. TCS expanded its partnership with Rolls-Royce to explore hydrogen fuel system technology to decrease carbon emissions. The aviation industry is also facing supply chain challenges due to limited aircraft availability and global events impacting the supply chain ecosystem. Predictive intelligence can help assess potential impacts on supply chains caused by external events.

KisanKonnect raises Rs 72 Cr led by Bajaj Finserv Group

EntrackrEntrackr · 4d ago
KisanKonnect raises Rs 72 Cr led by Bajaj Finserv Group
Medial

KisanKonnect raises Rs 72 Cr led by Bajaj Finserv Group Farm-to-fork company KisanKonnect has raised Rs 72 crore (around $8 million) in a pre-Series B funding round led by Bajaj Finserv Group, with participation from Mistry Ventures, Desai Foods, Dhanuka Agritech, and Action Tessa Family Office. In May, KisanKonnect raised $4.5 million in a Series A funding round led by Mistry Ventures. The fresh proceeds will be used to scale its fresh produce supply chain intelligence and omni-channel D2C model. Co-founded in 2020 by Vivek and Nidhi Nirmal, KisanKonnect sources directly from farmers and delivers to over 1 lakh customers in Mumbai and Pune through its app and farm stores. It works closely with farmer communities to grow food sustainably while leveraging proprietary technology to deliver fresh vegetables and fruits. Vivek Nirmal, co-founder, said, “We have built proprietary tech tools and strong farmer partnerships that transform perishables logistics into a predictable, scalable, and consumer-friendly model. This fundraise will help us expand our technology stack, deepen our farmer network, and scale both our digital and offline presence.” KisanKonnect has developed supply chain intelligence tools covering IoT and RFID-based traceability, AI-driven demand forecasting, a farmer advisory app, and real-time dashboards, allowing it to handle over 650 SKUs of temperature-sensitive produce while reducing wastage. Its digital app caters to younger customers with 60-minute delivery across Mumbai and Pune, while KisanKonnect Farm Stores serve those who prefer to shop offline.

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