Eldew Digital is thrilled to announce that our innovative product, Utkrishi (Trade-Net), has been awarded first place at the prestigious National Agri-Innovate Hackathon, conducted by the National Bank for Agriculture and Rural Development (NABARD). This recognition was celebrated at the Global Fintech Fest 2024, where the award was presented by NABARD Chairman, Shaji K. V. to our co-founders, Rishi Kudale, Malvika Lal, and Nitin Shinde.
Utkrishi was developed with the vision of transforming agricultural trade through digital innovation. Our platform aims to digitize and streamline the entire agri-trade process, addressing critical challenges faced by farmers, traders, and other stakeholders in the agricultural ecosystem. By leveraging technology, Utkrishi is already creating a more transparent, efficient, and equitable marketplace, empowering participants at every level of the supply chain.
Upon receiving the award, Rishi Kudale, co-founder of Eldew Digital, expressed the team's excitement: "Winning the National Agri-Innovate Hackathon is a tremendous honor for us. It validates our mission to drive digital transformation in agriculture, and we are seeing the impact of Utkrishi unfold now. We are grateful to NABARD for recognizing the effectiveness of Utkrishi, which motivates us to continue pushing the boundaries of innovation to support and uplift the agricultural community."
NABARD's National Agri-Innovate Hackathon aimed to strengthen agri-chain value linkages by bringing together innovators from across the country to present cutting-edge solutions. The event saw over 3,100 registrations and 300 final submissions in the agri-tech space. Eldew Digital’s Utkrishi stood out for its ability to digitize agri-trade, offering a scalable solution that is currently enhancing productivity, reducing inefficiencies, and ensuring fairer trade practices across India.
"We are committed to making a positive impact in the agricultural sector," said Malvika Lal, co-founder of Eldew Digital. "Our goal with Utkrishi is to empower farmers and traders by providing them with the tools and insights needed to navigate the complexities of the market in a more informed and efficient manner."
Eldew Digital extends its gratitude to NABARD for organizing the Agri-Innovate Hackathon and providing a platform to showcase innovations that are shaping the future of agriculture. The recognition of Utkrishi at such a significant event underscores the importance of digital solutions in addressing the challenges of modern agriculture.
For any queries, please contact:
Malvika Lal
[email protected]