September 9, 2024 - Croptunity, an agritech startup dedicated to revolutionising sustainable farming through cutting-edge technology, has been awarded the INFINITY Champion Prize at the 2024 Ingenuity Impact Awards. By integrating AI-driven crop management tools with blockchain technology, Croptunity provides farmers with the tools they need to optimise their operations, enhance sustainability and increase profitability. The platform's innovative use of tokenisation and real-world asset (RWA) management positions it at the forefront of digital transformation in agriculture, addressing key challenges such as climate change and resource allocation.
The award, presented by the Inclusive Financial Technology Hub (INFINITY), recognises Croptunity's contributions to inclusive financial technology and its potential to transform the agricultural sector.
Croptunity, led by Nithin Jayaprakash, Justine Sebastian, Joel Jolly and Mathew Jose, stood out among competitive field of entrants for its unique approach to empowering farmers through technology.
"We are incredibly honoured to receive the INIFINITY Champion Prize at the Ingenuity Impact 2024 Awards," said Nithin Jayaprakash, Co-Founder of Croptunity. "This recognition validates our vision of harnessing the power of technology to create a more sustainable and inclusive future for agriculture. We believe that Croptunity can play a pivotal role in transforming the farming industry, not just in the UK but globally."
The startup's innovate platform aligns with INFINITY's mission to catalyse the growth of university-inspired financial technology ventures, supported by Research England's Connecting Capability Fund.
Croptunity's victory at the Ingenuity Impact Awards marks a significant milestone in the startup's journey, setting the stage for further development and expansion. With the INFINITY Champion Prize, Croptunity plans to accelerate research into tokenisation, AI and IoT technologies, and scale its platform to address global challenges into sustainable agriculture.
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The Global MillerThis blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.
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