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Kerala man leaves merchant navy job to focus on mushroom farming

Inshorts · 3m ago

Kerala man leaves merchant navy job to focus on mushroom farming

In the lush green district of Kannur, Kerala, Rahul Govind transformed from a Merchant Navy Junior Officer to a leading figure in mushroom farming. His journey from oceans to earthy fields showcases how passion and dedication can lead to remarkable success. Now, founder of Monsoon Mushroom, Rahul's annual turnover is more than a crore.

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Kerala couple earns ₹90 lakh per year selling mushrooms

Inshorts · 1y ago

Kerala couple earns ₹90 lakh per year selling mushrooms

Launched in 2010 by Kerala couple Shije and Thankachan, Coon Fresh sells fresh mushrooms and value-added products. Currently generating ₹80-90 lakh annually, they aim to double revenue to ₹1.6 crore, with Coon Vita driving growth. Recently, they were honoured with the Progressive Mushroom Grower 2024 award by ICAR and the Directorate of Mushroom Research.

Kerala-based agritech firm uFarms earns UK startup visa

Economic Times

Economic Times · 1y ago

Kerala-based agritech firm uFarms earns UK startup visa

A Kerala-based agri-tech firm called uFarms.io has secured the UK Startup Visa, which is awarded to innovative startups that contribute to the UK economy. The company, incubated under the Kerala Startup Mission (KSUM), partnered with Uptown Urban Farms in Kerala to establish the state's largest fully-automated hydroponic farm. uFarms.io has received grants and awards for its groundbreaking solutions, including the Nidhi Prayas Grant and the EY Climathon Runner-up award. The company aims to bridge the gap between innovation and agriculture to promote sustainable farming.

MBA grad quits job to sell organic food, aims ₹10 Cr ARR in FY25

Internet

Internet · 1y ago

MBA grad quits job to sell organic food, aims ₹10 Cr ARR in FY25

Deepak Sabharwal, a cost accountant at GE in Gurgaon, balanced his corporate job with farming in Pushkar. When his mother was diagnosed with cancer, he suspected pesticides contributed to health issues. Deepak left job for organic farming, founding Earthy Tales in 2018. His startup grew and earned ₹4 Cr in FY24. Earthly Tales now aims ₹10 Cr ARR in FY25.

MBA grad grows veggies without soil, targets ₹1 cr revenue in FY25

Inshorts · 1y ago

MBA grad grows veggies without soil, targets ₹1 cr revenue in FY25

Pritpal Singh, an MBA grad from Chandigarh, left his corporate job in 2021 to start Farmcult, a soil-less farming startup. Farmcult offers setup and support, management, and training sessions. Their educational outreach includes workshops on hydroponic farming. Transitioning from exotic flowers to hydroponics, Singh's profits soared to ₹30-35 lakh annually. Farmcult aims for a ₹1 crore turnover.

New Era in Indian Aviation: 3 Innovative Airlines to Launch

YourStory

YourStory · 6m ago

New Era in Indian Aviation: 3 Innovative Airlines to Launch

India's aviation sector is set for a significant change with the launch of three new airlines: Air Kerala, Shankh Air, and Alhind Air in 2025. Shankh Air will be Uttar Pradesh's first full-service airline, Air Kerala will offer ultra-low-cost flights focused on Kerala, and Alhind Air will focus on regional commuting initially. These airlines aim to enhance connectivity, service quality, and competitive pricing in a market dominated by two main players.

How This Founder Built Her Zero-Sugar Beverage Brand By Learning From Others’ Mistakes

Inc42 · 1y ago

TeaFit, a health-oriented beverage brand founded in 2021, specializes in sugar-free iced teas and tea premixes made from tea leaves sourced from Assam, Arunachal Pradesh, and Kerala. The startup gained recognition after appearing on Shark Tank India, which propelled its revenue to over INR 90 Lakh in FY23 compared to INR 15 Lakh in FY22. The company's future plans involve focusing on offline expansion in Mumbai before branching out to other regions, as 23% of their sales already occur in the city.

'EMI is ₹66,000, salary ₹75,000': Fintech founder shares a cautionary tale on study loans

Business Today

Business Today · 5m ago

'EMI is ₹66,000, salary ₹75,000': Fintech founder shares a cautionary tale on study loans

A young man borrowed ₹40 lakh for a Master’s in the U.S., anticipating a high-paying job. After a year of job searching, he returned to India and accepted a ₹75,000/month job, leading to financial strain as his EMI amounted to ₹66,000. The fintech founder shared this story as a cautionary tale on social media, highlighting the potential risks and realities of taking substantial study loans without securing anticipated income.

August inflation above 2% dents hopes of October rate cut: SBI Research

Economic Times

Economic Times · 13d ago

August inflation above 2% dents hopes of October rate cut: SBI Research

In August, India's retail inflation rose to 2.07% due to increased food and beverage prices, affecting hopes for an October rate cut, as per SBI Research. Core inflation also increased. Rural inflation rose to 1.69%, while urban inflation reached 2.47%. Kerala saw inflation spike to 9.04%, mainly due to coconut oil prices. Heavy rains in farming states could impact future food prices. Changes in GST rates may lower inflation by 40-45 basis points.

'Got fired because i’m an idiot’: Man loses high-paying 'remote job' after being late to it and doom-scrolling

Business Today

Business Today · 6m ago

'Got fired because i’m an idiot’: Man loses high-paying 'remote job' after being late to it and doom-scrolling

A man was fired from his high-paying remote job for frequently being late due to oversleeping, which resulted from staying up late texting and doom scrolling. He initially blamed technical issues before admitting his fault on Reddit, calling himself an "idiot." The loss of his dream job has been emotionally challenging for him. His story went viral on Reddit, sparking widespread commentary on his actions and the consequences he faced.

Sridhar Vembu's Zoho opens new campus in Kerala, acquires Asimov Robotics

IndianStartupNews

IndianStartupNews · 2m ago

Sridhar Vembu's Zoho opens new campus in Kerala, acquires Asimov Robotics

Zoho Corporation, led by co-founder Sridhar Vembu, has inaugurated a new research and development campus in Kottarakkara, Kerala, and acquired the robotics startup Asimov Robotics. The new campus, attended by Kerala's Chief Minister, will focus on AI and robotics research. Zoho plans to partner with Kerala Startup Mission for a Deep Tech Product Studio, fostering innovation. The Asimov acquisition enhances Zoho's robotics capabilities with ongoing collaborations and infrastructure development in the region.

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