10 useful gadgets for your first apartment: From home security systems and smart smoke detectors to a sunrise alarm gently that wakes you up, here are the must-have gadgets for living in your first apartment. Read More |
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Clicks debuts its own take on the BlackBerry smartphone, plus a $79 snap-on mobile keyboard: The company behind the add-on mobile keyboards with physical buttons is now doing its own phone. Read More |
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OpenAI bets big on audio as Silicon Valley declares war on screens: The form factors may differ, but the thesis is the same: audio is the interface of the future. Every space -- your home, your car, even your face -- is becoming an interface. Read More |
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| Even as global crop prices fall, India's Arya.ag is attracting investors — and staying profitable: Arya.ag, an Indian agritech company offering storage facilities near farms and offering lending services to hundreds of thousands of farmers, has drawn investor interest and remained profitable even as global crop prices continue to fall in a volatile commodities market. The investor interest has taken shape in the latest all-equity Series D round from GEF Capital Partners, totaling $81 million, of which more than 70% was primary capital and the rest secondary share sales, according to the company. Globally, agricultural commodity prices are falling. Risks from extreme weather, input costs, trade disruptions, and biofuel policy shifts continue to weigh on agricultural markets, the World Bank has warned. This leaves businesses exposed to price swings and inventory losses. Nonetheless, Arya.ag says it is navigating the worst of that strain by steering clear of direct commodity bets and using a model that it says helps absorb shocks from downward pricing shifts. Founded in 2013 by former ICICI Bank executives Prasanna Rao, Anand Chandra, and Chattanathan Devarajan, Arya.ag is built around a simple idea: giving farmers more control over when and to whom they sell their crops. The Noida-based startup offers storage close to farms while allowing farmers to borrow against warehoused grain to meet immediate cash needs and connecting them with a wider pool of buyers — from agri-corporations to processors and millers — helping them avoid the pressure to sell just after harvest, when prices are often weakest. The company operates at scale, which sets Arya.ag apart from traditional lenders, banks, Read More |
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