Pushkar Limaye, Prathmesh Joshi and Rohan Vadgaonkar’s Carnot Know-how makes use of an AI-enabled IoT platform to observe tractors and enhance the incomes potential of farmers, harvesters and tractor homeowners.
The three graduated from IIT Bombay. Throughout their stint there, Pushkar and Limaye have been core workforce members of the IIT Bombay Racing group that develops and deploys modern applied sciences for cars.
They based Carnot in 2015, a number of years after their commencement. The journey truly started with a wise related units venture for cars, referred to as Carsense, that they began in a 200 sqft workplace in Mumbai with seven folks. After spending two years on that, they pivoted into the agritech house as a result of they felt it was underserved.
Carnot supplies options for these renting tractors by means of its Krish-e platform. The platform has over 25,000 tractors, harvesters and sprayers engaged on over 3 million acres of land every season. It expects to achieve the 1 lakh mark over the following 18 months.
An AI-enabled IoT machine is related to tractors. Farmers use a cellular utility to trace the tractors in real-time, know the precise acreage of labor performed, and know the gasoline standing. The corporate says the gasoline optimisation, together with curbing of gasoline theft, has resulted in financial savings of Rs 50,000 on common for each person.
The founders have 5 patents on the platform. The corporate has over 70 workforce members, operates in some 8 states, and impacts over 1.5 lakh farmers. Carnot has been funded by Mahindra and Qualcomm. Lately, it partnered with Avanti Finance for working capital credit score entry for farmers leveraging IoT information .
