Satyukt Analytics Wins Smart Farm Grant for Sugarcane Harvesting Technology

Key Highlights

• Satyukt Analytics wins ₹50 lakh in the Smart Farm Grant Challenge.
• The award recognized innovative sugarcane harvesting technology.
• 474 applications submitted, showcasing high competition.
• Technology to benefit farmers and improve agricultural practices.
• Implementation planned over a 100-acre area for three years.

Satyukt Analytics has recently achieved a significant milestone by winning the Smart Farm Grant Challenge (SFGC), organized by the Software Technology Parks of India (STPI). The company received a grant of ₹50 lakh to support its innovative technology aimed at improving sugarcane harvesting.

The award ceremony took place in New Delhi, where Dr. S. Krishnan, Secretary of the Ministry of Electronics and IT, was the chief guest. This recognition highlights Satyukt Analytic’s commitment to revolutionizing agriculture through advanced technology.

Also Read: How Intercropping Can Help Sugarcane Farmers Increase their Income

About the Smart Farm Grant Challenge

The SFGC is designed to promote new ideas for better and more efficient sugarcane harvesting. This year, the challenge saw an impressive 474 applications from across India, showcasing the competition's intensity and quality.

Participants were evaluated on their ability to predict the best harvest time, estimate sugar content, identify mature sugarcane fields, and provide useful insights that farmers can easily understand. Out of the initial 474 entries, an expert jury shortlisted 108 applications, leading to 25 startups being invited to pitch their ideas. From these, 10 startups were chosen to receive ₹5 lakh each for developing working prototypes. Ultimately, four top solutions were awarded grants of ₹20 lakh each for further product development.

Satyukt Analytics' Winning Technology

After thorough evaluations, Satyukt Analytics emerged as the winner of the challenge. Their innovative solution focuses on improving sugarcane harvesting efficiency. In addition to the ₹50 lakh grant for the first year, the company will receive ₹10 lakh per year for the next two years for the operation and maintenance of their solution.

Dr. Sat Kumar Tomer, the Founder and CEO of Satyukt Analytics, expressed his excitement, saying, “We are thrilled to be recognized by STPI for our efforts in revolutionizing sugarcane harvesting. This award underscores our dedication to enhancing agricultural productivity and sustainability through technological innovation.”

Impact on Agriculture

The winning technology will be implemented over a 100-acre area and will benefit the Government of India, state governments, and sugar mills over the next three years. Satyukt Analytics plans to provide advisory services to farmers, helping them adopt better agricultural practices and improve their yields.

This recognition is a significant step forward in agricultural technology, promising to make sugarcane harvesting smarter and more efficient for farmers across India.

Also Read: Biogas Plant: Farmers in Uttar Pradesh Can Get Biogas Plant for Just Rs. 3,990 This Diwali

CMV360 Says

Satyukt Analytics’ victory in the Smart Farm Grant Challenge highlights the importance of innovative technology in agriculture. With the support of ₹50 lakh, their solution aims to enhance sugarcane harvesting efficiency, benefiting farmers and promoting sustainable practices in the Indian agricultural sector over the next three years.