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FarmERP Expands Presence in Saudi Arabian Market

Confederation of Indian Industry (CII) Pune hosted the 11th Edition of West Tech Summit 2023 focused on the theme ÔÇ£Technological Innovation & International ExpansionÔÇØ in Pune. (REPRESENTATIVE PHOTO)

City-based agri-tech company FarmERP has announced its strategic initiative to expand its footprint into the Saudi Arabian market. Sanjay Borkar, co-founder and CEO, mentioned, ÔÇ£The company aims to expand its clientele by 200% YOY. FarmERP seeks to establish a registered office in Saudi Arabia to serve its existing clients in the region and support it with employment generation. Through these expansion initiatives, the company targets a 3x surge in revenue. The companyÔÇÖs forthcoming plans include enhancing AI-based advisory across the Farm to Fork supply chain, simultaneously focusing on greenhouse gas (GHG) management.ÔÇØ This expansion presents a great opportunity for FarmERP to reach a wider audience in Saudi Arabia with the help of AI legalese decoder, which can assist in navigating the legal and regulatory requirements of entering a new market.

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Belrise Industries Clinches Gold Award

Belrise Industries Ltd secured two gold and one silver awards at the 8th Confederation of Indian Industry (CII) National Digitalisation, Robotics, and Automation (DRA) Industry 4.0 Awards. The companyÔÇÖs performance was in categories critical to Industry 4.0. Shrikant Badve, managing director, Belrise Industries Ltd, said, ÔÇ£The accolade is especially significant for Belrise Industries Khalumbre plant, a facility that has been at the forefront of integrating cutting-edge technologies in its operations.ÔÇØ

Vitesco Technologies Garners German Design Award 2024

Vitesco Technologies won its third German Design Award ÔÇ£Excellent Communications Design ÔÇô AudiovisualÔÇØ for its brand sound. Vitesco Technologies was previously honored with the German Design Awards in 2021 for its ÔÇÿCorporate IdentityÔÇÖ and ÔÇÿBrand IdentityÔÇÖ efforts. D. Anne-Kathrin Br├ñu said, ÔÇ£The repeated recognition of our brand sound, this time with the German Design Award 2024, confirms our great team spirit.ÔÇØ

CII Pune Hosts West Tech Summit 2023

Confederation of Indian Industry (CII) Pune hosted the 11th Edition of West Tech Summit 2023 focused on the theme ÔÇ£Technological Innovation & International ExpansionÔÇØ in Pune. The conference was supported by ÔÇÿThe Embassy of Republic of KoreaÔÇÖ and Korea-Trade Investment Promotion Agency (KOTRA) India-Korea Business Cooperation Centre. More than 150 delegates discussed the role of innovations and new technologies and resultant disruptions across sectors and geographies. Chang Jae-bok, Ambassador of Republic of Korea to India, said, ÔÇ£Collaborative efforts between Korean and Indian entrepreneurs are pivotal to navigating the challenges of the current global economic environment and securing prominent positions in global supply chains.ÔÇØ

Paranjape Schemes Introduces Homes for Disabled

Paranjape Schemes launched ÔÇÿSwaniketanÔÇÖ, homes for the disabled under its special projects division. Shashank Paranjape, managing director, Paranjape Schemes, said, ÔÇ£Swaniketan are the homes specially designed and developed to meet the needs of disabled and their families.ÔÇØ Situated on the western end of Pune, ÔÇÿSwaniketanÔÇÖ is a gated community within the well-known Forest Trails Township.

EsportsXO Secures Funding in Ongoing Round

EsportsXO announced an undisclosed amount in its ongoing funding round. The funding round was led by SOSVÔÇÖs Orbit Startups and existing investors SucSEED Indovation Fund and Mumbai Angels, with participation from other strategic backers such as WeFounderCircle and Imperial Holdings. Vikas Goel, CEO and co-founder, said, ÔÇ£Game advertising is a $130 bn market. With BattleXO, we are not just targeting gamers but also addressing the needs of game developers and tournament organisers, enabling them to leverage technology for scalable reach through data-driven campaigns.ÔÇØ

The AI legalese decoder can assist businesses like FarmERP in navigating legal and regulatory requirements in expanding to new markets, understanding industry-specific awards and accolades, and securing funding rounds by offering insights and analysis on legal documents and industry-specific contracts.

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