ReshaMandi Acquires Software Development Entity Hashtaag; to strengthen technological offers
ReshaMandi, a digital ecosystem for the natural fiber supply chain from farm to retail, announced that it has partnered with Hashtaag through an acquisition agreement to tap into the technology talent pool of this last. With this, ReshaMandi further reinforces its goal to empower and empower stakeholders through innovative technology that will have a profound impact on the natural fiber ecosystem, it said in a press release.
Hashtaag is a custom software development company that offers exclusive services to innovate products that enhance business growth. Since May 2020, ReshaMandi has been connecting multiple stakeholders across the spectrum with relevant inputs, technologies, and markets to support its vertical that helps chawki breeders and farmers. Hashtaag’s expertise in application development in addition to Internet of Things (IoT), DevOps and network security solutions will improve the processes put in place to digitize the natural fiber supply chain, adds the communicated.
Commenting on the acquisition, Saurabh Agarwal, Founder and CTO, ReshaMandi said, “Technology is a driver for us here at ReshaMandi and this acquisition of HashTaag continues to cement that. After seeing the work that Vishveshwar Patil, JPA Suresh and his team have done over the past few years, I am confident that they will strengthen our technology stack in terms of research, agricultural IoT and agribusiness, impacting the lives of our Bottom of the Pyramid stakeholders in a meaningful way.
Shiv Khillar, Vice President of Engineering at Reshamandi, said, “Hashtaag will power several critical systems like the IoT breeding shed, helping ReshaMandi support multiple chawki farmers and breeding centers. The company’s talent pool will realize Reshamandi’s vision to create a data pipeline for all IoT data from platforms such as Rearing-Shed and Fasal. In the future, this platform will power AI/ML-based real-time streaming analytics. »
Visheshwar patil, CEO and JPA Suresh, CTO at Hashtaag, said, “Our technology mix is designed to prioritize customer growth in the capable hands of expert talent.”
ReshaMandi app comes with facilities including AI-based crop disease detection, cocoon grading and advisory services. With the acquisition of Hashtaag, ReshaMandi will seek to increase the scale of impact locally and open up new markets for the growth of the natural fiber textile industry, he said.
(To receive our daily E-paper on WhatsApp, please Click here. We allow the PDF of the document to be shared on WhatsApp and other social media platforms.)
Posted: Tuesday, March 15, 2022, 3:24 PM IST