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With GPS-enabled technology, farmers can easily tag and track their crops, livestock, and equipment with just a few clicks. This revolutionary method has transformed the farming industry by enhancing its efficiency and productivity. The use of Geo Tagging in Agriculture is not only vital for precision farming but also provides a wealth of benefits that we will explore in this blog post. From reducing waste to increasing yields, Geo Tagging is revolutionizing how farmers grow food sustainably while meeting growing food demands.

What is Geo-Tagging?

Geotagging is the process of adding geographical identification metadata to various types of media, such as photos, videos, or text data, using GPS or other location data. The geographical metadata typically includes latitude and longitude coordinates, which can be used to pinpoint the exact location where the media was captured or created. Geotagging can be useful in a variety of contexts, such as social media, travel, photography, and agriculture, among others, as it can provide additional context, enhance discoverability, and improve precision in various applications.

How Geo Tagging is Used in Agriculture

In agriculture, geo-tagging has become an essential tool for farmers and producers to enhance their practices and increase productivity. Farmers use GPS-enabled devices to tag locations on their farms with specific data such as soil type, crop density, and nutrient levels. This enables them to track changes in the land over time and identify areas that require attention or improvement.

Geo-tagging also plays a vital role in supply chain management by enabling traceability from farm to table. By marking products with their origin location, farmers can ensure food safety compliance standards are met while enhancing transparency throughout the entire supply chain.

Another way geotagging is used in agriculture is through precision farming techniques. With precise mapping of fields using GPS technology, farmers can accurately apply fertilizers and pesticides where they’re needed most – reducing waste while maximizing yields.

It has revolutionized the agricultural industry by providing valuable information about crops and production processes at every stage from planting seeds to final harvests – driving sustainability efforts forward while improving efficiencies across the board

The Benefits of Geo Tagging in Agriculture

1. Improved precision farming: Geotagging can help farmers and agricultural researchers map and analyze crop yields, soil characteristics, and weather patterns in specific locations, allowing for more precise and efficient farming practices.
2. Accurate record-keeping: Geotagging can help farmers keep accurate records of where crops were grown and harvested, which can be important for regulatory compliance, food safety, and traceability.
3. Better crop management: Geotagging can help farmers identify areas of their fields that may need more or less water, fertilizer, or other inputs, allowing them to optimize crop yields and reduce waste.
4. Monitoring crop health: Geotagging can help farmers monitor the health of their crops, by mapping areas of the field where disease, pests, or other issues are present, allowing them to take corrective action more quickly and effectively.
5. Enhanced farm-to-market traceability: Geotagging can help trace the movement of crops from the farm to the market, improving food safety and transparency.

Case Study: The Use of Geo-Tagging in Agricultural Production

A case study conducted by a group of researchers at Iowa State University demonstrated how GPS-enabled farm tagging could optimize crop yield.

The research team utilized advanced geospatial technologies to map out the distribution and characteristics of soil types, water availability, nutrient levels, and other environmental factors that influence plant growth. This information was then used to develop precise planting maps for different crops.

By using these maps as a guide during planting, farmers were able to optimize seed placement and ensure that each plant received optimal amounts of nutrients and water throughout the growing season. As a result, crop yields increased significantly compared to traditional farming methods.

Moreover, geo-tagging also helped reduce waste by minimizing over-fertilization or undernourishment in specific areas where it wasn’t necessary. The technology allowed farmers to apply fertilizers more precisely based on soil needs rather than applying them uniformly across an entire field.

Conclusion

Geo-tagging has revolutionized the agricultural industry by providing farmers with an efficient and effective way to manage their crops. GPS-enabled devices have made it possible for farmers to track their farm activities, monitor crop growth, and detect any issues that may arise.

The benefits of Geo Tagging in agriculture are numerous. It helps farmers make informed decisions about when and where to apply fertilizers or pesticides, which ultimately reduces costs while improving yield quality. With the use of geo-tagged images and videos, they can also document the progress of their farming operations.

Moreover, accurate information provided by Geo Tagging technology on soil moisture levels, climate conditions as well as pest infestations on a particular land area at any given time assist in making smart management decisions that help boost productivity.

By embracing Geo Tagging technology in Agriculture production systems worldwide; there is no doubt that this innovative approach will continue transforming global food security through higher yields per acreage cultivated areas amidst environmental challenges posed by climate change uncertainties such as droughts or floods.

India’s agriculture sector is the backbone of the country’s economy, providing livelihoods to millions of people. However, with the increasing population and growing demand for food, there is a need for agricultural practices that are efficient and sustainable. Kissan GPT is an innovative technology solution designed to help farmers in India improve their yields and increase profitability. In this blog post, we delve into the case study of Kissan GPT and explore how it has transformed the lives of Indian farmers by revolutionizing traditional farming practices.

Kissan GPT

Kissan GPT is an advanced multilingual chatbot that utilizes Open AI technology. It was created to provide farmers with personalized, voice-enabled assistance for all their agricultural needs. The AI chatbot, which is suitable for farmers and others interested in agriculture, has numerous potential benefits.

Features

1. Personalized Support: Kissan GPT offers customized and individualized assistance to farmers based on their specific needs and inquiries. By utilizing OpenAI’s ChatGPT technology, it can generate natural language responses to farmers’ questions and provide them with the information they require to make informed decisions about their agricultural practices.
2. Voice-Enabled: Unlike ChatGPT, Kissan GPT provides support through voice-enabled communication, including regional languages. This can be particularly helpful for farmers who have limited literacy or language proficiency. Voice-enabled support also enables farmers to access information without the need for manual input, making it easier for them to perform tasks while receiving assistance.
3. Multilingual Assistance: Kissan GPT supports multiple languages, which can be beneficial for farmers who speak different dialects. By providing assistance in multiple languages, it can help farmers overcome language barriers and access information in other languages.

How does Kissan GPT Works?

Kissan GPT utilizes OpenAI’s state-of-the-art ChatGPT technology in combination with its own knowledge repository. While building on top of ChatGPT, which is a text-based AI system, Kissan GPT goes beyond that by offering voice-based responses.

Kissan GPT converts ChatGPT’s written text into spoken output using Text-To-Speech (TTS) technology. TTS technology employs synthetic voices to translate written text into spoken words, which are then delivered to the user through a speaker or headset. It leverages a TTS engine to transform ChatGPT’s natural language text into speech output. TTS engines generate lifelike synthetic voices from a library of human speech sounds and phonemes. In essence, Kissan GPT utilizes these two technologies to provide multilingual support.

It’s heartening to see that artificial intelligence is being employed to assist agriculture and the farming community, both of which are critical in ensuring that people worldwide have access to food.

Our take on Kissan GPT

This application is an incredibly helpful tool for farmers, with no doubt about it. What impresses me the most about this application are its multilingual support and voice input/output capabilities. It has the potential to break down language barriers, which is a significant benefit for many people, especially farmers in rural India. With the help of AI, farmers can ask questions and receive detailed outputs. Furthermore, the application generates both text and voice outputs simultaneously, which is an added advantage.

Regarding cons, one thing that concerns me about this application is that responses are sometimes directed to the earpiece instead of the speakers, rendering the voice inaudible. Additionally, the responses take longer than Chat GPT since the TTS system is involved. I believe that the communication between the Chat GPT API, data collection, and TTS conversion into regional languages is the likely cause of this delay.

As the application is still in its early stages, I am optimistic that these flaws will be addressed in future versions. Overall, Kissan GPT has the potential to provide valuable support to farmers and anyone interested in agriculture. By leveraging AI technology, it can overcome language barriers and provide personalized, voice-based assistance.

How Drones Are Growing the Agricultural Industry with Soil Analysis

The agricultural industry has come a long way from traditional farming practices. With the advent of technology, farmers are now able to harness the power of drones for soil analysis. This innovative approach is transforming agriculture as we know it, providing accurate data and insights that help optimize crop growth and increase yield.

Soil Analysis

Soil analysis in agriculture is a process of assessing the chemical, physical, and biological properties of soil. The analysis provides valuable information about the fertility and health of the soil, which is important for successful crop production.

Soil analysis typically involves collecting soil samples from different locations within a field or farm and sending them to a laboratory for testing. The tests may include measuring the levels of nutrients such as nitrogen, phosphorus, and potassium, as well as assessing soil pH, organic matter content, and texture.

The results of the soil analysis help farmers and agronomists make informed decisions about soil management practices such as fertilization, liming, and tillage. By identifying specific soil nutrient deficiencies, farmers can tailor their fertilizer applications to ensure optimal plant growth and yield. The information obtained from soil analysis can also be used to develop long-term soil management plans to improve soil health and fertility, which can lead to sustainable agricultural practices.

Manual Soil Analysis vs Drone Analysis

When it comes to analyzing soil in agriculture, there are two main methods: manual and drone analysis. Manual soil analysis is a traditional method that has been used for decades. It involves collecting soil samples from different parts of the field and sending them to laboratories where they are tested for nutrient levels, pH balance, organic matter content, and other factors.

On the other hand, drone analysis uses unmanned aerial vehicles (UAVs) equipped with sensors that can capture data on different aspects of soils such as moisture level, temperature variations over time, or even crop health status. This technology allows farmers to gather a large amount of accurate data quickly without disturbing the crops or spending too much time doing manual work.

While both methods have their advantages and drawbacks, using drones for soil analysis offers several benefits over traditional manual testing techniques. For instance, drones can cover larger areas in less time compared to human labor while also providing more comprehensive results through advanced sensor technologies like multi-spectral cameras which detect various wavelengths reflected by plants indicating health status.

However, some argue that drone technology may not be suitable for all types of terrain conditions especially those with complex topography which could affect the quality of images captured by UAVs during flight operations. Additionally cost could be another factor limiting widespread adoption since this technology requires significant investment upfront before reaping any benefit from its use in agricultural settings.

In summary, choosing between manual and drone-based soil analyses depends largely on what you want to achieve as well as your budget constraints among other factors like terrain type or weather conditions at play during farming season hence making either approach appealing depending on your specific needs

The Benefits of Using Drones for Soil Analysis

Using drones for soil analysis in agriculture has several benefits that have revolutionized the industry. Firstly, drones can collect data over a large area of land quickly and cost-effectively. This means farmers can make decisions based on accurate information about their crops, which saves time and resources.

Secondly, using drone technology for soil analysis allows farmers to identify problem areas or potential threats to crop yields. By analyzing the data, they can determine if certain areas require additional fertilization or irrigation, which helps them optimize yield and minimize waste.

Thirdly, drone technology is non-invasive when it comes to collecting samples from sensitive environments like wetlands or forests. Because drones fly above these areas without touching the ground or disturbing plants and wildlife below, there is no damage done to habitats during sample collection.

Using drones for soil analysis reduces labor costs significantly since fewer people are needed in the field. This means farmers have more time available to focus on other important aspects of their operations like managing crop health and optimizing production output while reducing manual labor expenses.

Drone technology has made significant strides in helping farmers improve their agricultural practices through efficient data collection methods with minimal environmental impact at lower operating costs than traditional methods.

The Drawbacks of Using Drones for Soil Analysis

Despite the benefits that drones bring to agriculture, there are drawbacks to using them for soil analysis. One of the main concerns is their cost. Drones can be an expensive investment for farmers who may not have the funds to purchase and maintain them regularly.

Additionally, drones require skilled operators who can handle a complex piece of machinery. Without proper training or experience, there is a risk of accidents occurring during flights which could result in damage to crops or injuries to individuals nearby.

Another drawback is the potential for inaccuracies in data collection. While drone technology has advanced significantly over recent years, they still rely on sensors and cameras that may not always provide accurate readings due to factors such as weather conditions or technical issues with equipment.

Privacy concerns must also be taken into account when using drones for soil analysis in agriculture. Farmers must ensure that they are complying with regulations regarding data protection and monitoring activities conducted over private land.

While there are several advantages offered by using drones within agriculture including improved efficiency and effectiveness of operations – it’s important we consider these drawbacks too before investing heavily in this technology.

The Future of Drones in Agriculture

The future of drones in agriculture looks very promising. We can expect to see more advanced and sophisticated technologies being used by farmers to analyze soil samples, survey fields, spray crops with pesticides or fertilizers, and even plant seeds.

One of the most exciting prospects for drone technology in agriculture is the use of autonomous drones equipped with artificial intelligence (AI) algorithms. These drones will be able to scan entire farms without human intervention and collect data on things like crop quality, soil health, weather patterns, and pest infestations.

Another area where we can expect to see significant growth in drone usage is precision farming. By using high-resolution cameras and sensors mounted on drones, farmers will be able to identify specific areas within their fields that require attention. This targeted approach means that resources such as water, fertilizer or pesticides can be applied only where they are needed.

The integration of drone technology with other emerging agricultural tech tools such as blockchain-based systems could revolutionize how food is grown and distributed globally. The ability to secure sharing of data around food origin and quality could increase transparency across the supply chain while also reducing waste.

It’s clear that drones hold enormous potential for transforming agriculture by increasing efficiency levels while also helping us address some critical issues related to sustainability and food security. As these technologies continue evolving rapidly over time so too must our understanding of what new challenges they may bring along with them into our society!

Conclusion

The marriage between drones and soil analysis proves to be a game-changing innovation for the agricultural industry. The use of drone technology in agriculture has made it possible to analyze large areas of land quickly and accurately, resulting in improved crop yields and reduced costs for farmers. Although there are challenges associated with using drones for soil analysis such as high initial investment cost and technical limitations, these can be overcome through continued development of new technologies.

As we move into the future, we can expect more advancements in agritech that will further revolutionize farming practices. Drones are just one example of how technology is changing agriculture for the better. By embracing changes like this one, we can make our food production processes more efficient, sustainable and ultimately feed a growing population.

Future of Farming in Africa

Agriculture has been the backbone of Africa’s economy for centuries, providing a source of livelihood for millions. However, farming in Africa faces numerous challenges that hinder its growth and development, from poor infrastructure to climate change. Despite these obstacles, there is immense potential in the agricultural sector in Africa. With advancements in technology and innovative approaches to farming practices, African farmers can transform their farms into profitable businesses while ensuring food security for the continent’s population. In this blog post, we will explore the future of farming in Africa and how it could shape the continent’s economic landscape.

The current state of farming in Africa

The current state of farming in Africa is characterized by small-scale subsistence farming, with a majority of farmers practicing traditional methods that have been passed down through generations. While agriculture remains the primary source of livelihood for many African households, it faces numerous challenges.

One such challenge is poor infrastructure, including inadequate irrigation systems and transportation networks. This makes it difficult to move crops from rural areas to urban markets and limits access to inputs such as seeds, fertilizers, and pesticides.

Another major issue facing farmers in Africa is climate change. Erratic weather patterns have led to crop failures and reduced yields, further exacerbating food insecurity on the continent.

Despite these challenges, there are opportunities for growth in the agricultural sector in Africa. The rise of farmer cooperatives has enabled smallholder farmers to pool resources and negotiate better prices for their produce at local markets. Additionally, new technologies such as precision agriculture and mobile-based market information systems offer solutions that can increase efficiency while reducing costs.

While farming in Africa faces significant challenges such as poor infrastructure and climate change-induced disasters; innovative approaches like farmer cooperatives and technological advancements hold promise for transforming the future of agriculture on the continent.

The challenges faced by farmers in Africa

The farmers face numerous obstacles that hinder their progress. One of the primary challenges faced by farmers is access to finance. Most African farmers operate on small scales, which makes it difficult for them to secure loans from banks or other financial institutions.

1. Climate change: Many African countries are experiencing more frequent and severe droughts, floods, and other weather extremes that can damage crops and livestock.
2. Limited access to inputs: Many farmers in Africa lack access to high-quality seeds, fertilizers, pesticides, and other inputs that can help them grow more and higher-quality crops.
3. Lack of infrastructure: Poor road networks and inadequate storage facilities make it difficult for farmers to get their crops to market and protect them from spoilage.
4. Lack of credit: Many farmers in Africa are unable to access the credit they need to invest in their farms and improve their productivity.
5. Market access: Many farmers struggle to find buyers for their crops, and when they do, they may not receive fair prices for their products.
6. Inadequate agricultural extension services: Many farmers lack access to information on best farming practices, new technologies, and other resources that could help them improve their productivity.
7. Insecurity and conflict: In many parts of Africa, farmers face the threat of violence, theft, and other security challenges that can make it difficult to work their land and access markets.
8. Land degradation: Land degradation, including soil erosion, nutrient depletion, and deforestation, is a significant problem in many parts of Africa, making it difficult for farmers to maintain productivity over the long term.

The potential for growth of the agricultural sector in Africa

To unlock its true potential, there needs to be an increase in investment towards modernizing farming practices and making advances in technology available to smallholder farmers. There also needs to be more cooperation between governments and private sectors on initiatives that aim at boosting production and increasing yield.

Furthermore, value addition could help create new markets for African produce both locally and internationally while reducing food waste across the supply chain. This will not only increase profitability but also provide employment opportunities for millions of people within the agricultural sector.

The youth also play a vital role in shaping the future of agriculture by bringing their innovation and creativity into farming practices. There are already many examples of successful young entrepreneurs who have transformed their communities through innovative agribusiness models.

Unlocking Africa’s agricultural potential requires all stakeholders – from governments to individuals – working together towards sustainable development that benefits everyone involved.

The role of technology in the future of farming in Africa

The use of technology in farming has the potential to revolutionize the agricultural sector in Africa. With the aid of modern technology, farmers can increase their yields and reduce costs while also improving efficiency.

One example of technological innovation is precision agriculture which allows for targeted application of fertilizers and pesticides based on data analysis. This ensures that crops receive only what they need, reducing waste and increasing yield.

Agribusinesses are also investing in drone technology to monitor crop growth, soil moisture levels, and detect pests or diseases early on. These drones allow for real-time data collection and quick decision-making by farmers.

Furthermore, mobile phone applications have been developed to provide farmers with weather forecasts, market prices for commodities as well as advice on pest control methods. This information helps small-scale farmers make informed decisions about when to plant their crops or how much fertilizer to apply at various stages of crop development.

The integration of technology into African farming practices has immense potential for growth especially among smallholder farmers who contribute significantly towards food production but face challenges such as access to credit facilities or lack of knowledge about new technologies. The future looks bright with more innovative solutions being rolled out every day!

The impact of climate change on farming in Africa

Due to unpredictable weather patterns caused by climate change, farmers have difficulty planning their planting season since rainfall patterns are changing rapidly. This leads to low crop productivity because seedlings may not germinate or may die due to inadequate moisture.

Moreover, high temperatures resulting from climate change also contribute to pest infestation and diseases affecting crops. Insects such as locusts thrive in hot conditions leading to massive destruction of crops leaving farmers with huge losses.

Climate-smart farming practices can help mitigate these challenges posed by climate change on African agriculture. Farmers should adopt sustainable agricultural techniques like conservation tillage and agroforestry which improves soil quality and conserves water.

Addressing the impact of climate change on farming in Africa requires collective efforts from governments, non-governmental organizations (NGOs), development partners among other stakeholders involved in promoting sustainable agriculture practices that will help combat the negative effects of global warming on African agriculture sector.

Conclusion

To fully realize the potential of agriculture in Africa, governments must prioritize the development of rural areas by investing in infrastructure such as roads, electricity, water supply systems and enhancing access to credit facilities for smallholder farmers.

Moreover, technological advancements that can improve production efficiency should be made accessible to all farmers regardless of location or farm size. The use of precision agriculture tools like drones for crop monitoring can significantly reduce waste while improving yields.

Climate change poses a threat to agricultural productivity globally. As such, it is crucial that African countries take concerted action towards mitigating its impacts through implementing sustainable farming practices like conservation tillage techniques and promoting agroforestry among others.

By prioritizing these interventions alongside other measures aimed at increasing farmer income streams like farmer markets coupled with supporting policies on value addition will go a long way toward unlocking the full potential of agriculture in Africa leading not only socio-economic transformation but also contributing positively towards achieving global food security.

Techurate Systems Pvt Ltd, a Global Smart Banking technology company has implemented digital services for The Nagpur Nagarik Sahakari Bank. Techurate’s Digital Banking SaaS (Software-as-a-Service) offering is designed as an accessible solution to help banks to modernize their operations.

Designed specifically for the banking sector, the platform has already seen adoption by banks in Africa and The Middle East.

The cost-effective SaaS offering by Techurate is designed to help banks reduce cost, drive operational efficiencies, and deliver world-class customer experiences. Techurate implemented this project jointly with the Finacle Core Banking team who implemented their Finacle 10 core banking platform for the bank.

Commenting on the same, Rajesh Edlabadkar- Head IT NNSB said, “Techurate, has successfully implemented the Retail and Corporate Banking Digital banking modules (internet banking and mobile banking) seamlessly by integrating it with our Finacle (10) core banking system. The Techurate team was responsive, professional in their approach and showed good domain knowledge application in making our launch a success.”

Commenting on the same Harshavardhan Pusala Founder and Managing Director at Techurate Systems Private Limited said, “Working with the NNSB team has been a great privilege. It is encouraging to see co-operative bank adopting technology not only to enhance customer experience but also to reduce costs. As a company we have learned a lot from this project which is reflected in the quality and functionality of the software we are developing for them and for our clients going forward”.

The e-banking suite launched by the bank on Ganesh Chaturthi day is the bank’s maiden step in its Digital Transformation journey. Internet banking channels are expected to reach its customer base, spread across Nagpur thereby enhancing service reach, complementing its physical branches.

Customers will also be experiencing the convenience of Mobile banking helping the bank onboard more customers digitally and provide them a full spectrum of services at the click of a button. NNSB is effectively leveraging best technologies in core and digital banking in pursuing growth and enhanced customer experience.

Bengaluru (Karnataka) [India], September 22 (ANI/GPRC): Techurate Systems Pvt Ltd, a Global Smart Banking technology company has launched its Smart Branch WORK in the Indian market. Techurate identified an opportunity in the Indian market to meet the needs of customers that expect a paper-free and easy way to bank and set out a plan to deliver a digital offering, called Smart Branch.

Techurate’s Smart Branch Solution streamlines and automates teller operations and provides in-branch self-service options to help Banks better serve customers more quickly and efficiently. Smart Branch is an intelligent automation solution for Banks to digitalize customer interactions ranging from onboarding, deposits, withdrawals, etc. It helps replace paper-based systems and promotes Green Banking. The solution comprises of paperless Workflow Management Solutions, Smart Operations, and Smart Assistants.
Commenting on the same Harshvardhan Pusala Founder & Managing Director, Techurate Systems Private Limited said “Customers expectations for better services and greater user experience is a continuous journey and not a destination. We at Techurate, are constantly working with the banking industry meet these demands and increase their agility to build a solid foundation for the future of banking. Techurate’s Smart Branch provides banks with a single omni-channel platform, which will enable banks to streamline customer journeys across devices and channels”.

Smart Branch services are designed to provide a banking experience while on the go. The ability to meet with banking staff in paperless branches adds to the convenience of fully digitalized operations. Customer service staff can now focus on one-on-one consultation rather than back-end chores with the implementation of Techurate’s Smart Branch solutions. This will help banks in automation of provisioning, management, and scaling of applications.

Techurate has successfully implemented this solution for the Zambia National Commercial Bank (Zanaco), in Zambia. It is licensed by the Bank of Zambia, the central bank and national banking regulator. Zanaco has more than 70 branches and 8000 express agents to serve its customers. Techurate’s Smart Branch has not only created a self-service interface for clients, but it has also replaced paper-based forms with digital ones and given bankers a single view of customer information. Because the smart branch automates the workflow by decreasing manual transactions, the manned tellers at the branch have been significantly reduced.

The paperless workflow Management Solution automates processes in the middle and back offices. As access to the core system is restricted, banking transactions are more secure. The solution’s intuitive user interface allows bank employees to complete transactions right after implementation.

Techurate is a Global Smart Banking technology company with a fine blend of technology skills, strong domain knowledge, 500+ years of industry experience in IT. Techurate has worked in several highly under-banked nations and has successfully leveraged the power of Digital in bringing a vast audience into the organised banking fold. Headquartered in Bangalore, the company has served around 250+ Banks and Financial Institutions across 15+ geographies globally in a short span.

With its flagship products and services, the company has scripted several success stories in emerging markets like Zambia , Cameroon, Botswana, that they are looking to repeat in Latin America and India.

Techurate provides highly customised Digital Banking Technology Solutions for Banks and Financial Institutions that systematically deliver greater agility, measurable business value and enhanced customer experience. For further information visit the website http://www.techurate.com

This story has been provided by GPRC. ANI will not be responsible in any way for the content in this article. (ANI/GPRC)

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Bangalore (Karnataka) [India], July 13 (ANI/GPRC): Techurate Systems Private Limited is entrenching deeper in Africa via the local partnership route. It has signed a JV worth 15 million USD with a financial Services conglomerate in Africa.

This comes at a time when diversified services groups are looking at In-house Digital Transformation partners, consolidating the services model. Techurate Systems Pvt Ltd, a Global Smart Banking technology company has embarked on an expansion drive. The company will look to hire professionals in the current financial year to drive its expansion.
Commenting on the same Harshvardhan Pusala, Founder and Managing Director, Techurate Systems Private Limited said “Techurate is leveraging its product platform strength and entering specific African Markets on a JV route to be the sole Digital Transformation partner to the financial services groups. This will allow us to leapfrog into the 100-crore-plus league infusing a quantum growth on the top line. In India, Techurate will be a dominant player offering Bank in Box services to small, medium banks, and Microfinance companies. Techurate’s one of its kind integrated, core + digital platform as a single stop solution to thousands of such Institutions.”

The largest untapped market that the international financial system has lost track of is the continent of Africa. There are 330 million adult Africans, according to some estimates, who do not have access to formal financial services, which presents enormous prospects for financial technology companies that are willing to take them on. Remittance via mobile has picked up at a rapid pace in Africa, with Kenyans using mobile money services for over eight years already.

Since its inception, Techurate products have touched millions of customers around the globe in accessing basic banking and financial services through mobile and internet channels. The company has made pioneering inroads in the fintech revolution and aspires to ‘digitally transform’ world communities towards exponentially enhanced financial inclusion delivery models.

The young people of the African continent can touch and master numerous technology that one would attribute much more easily to those on other continents thanks to technological advancements and increased connectedness. On the other hand, the limitations of the continent necessitate the creation of solutions that are tailored to how locals conduct business, particularly with regard to payment methods. This is how Africa, in just 5 years, rose to prominence as one of the financial industry’s most productive centres. The team at Techurate is developing financial products specially suited to the people of Africa.

Techurate has emerged as an independent service provider, hosting all willing banks with a digital platform and a solutions provider with an integrated product suite for Core banking + Digital Banking. Perfectly poised to serve this willing market. With virtually zero capital outlay to the banks, these companies charge them only a user fee per subscriber, making the proposition irresistible.

“Techurate aspires to bring innovation, transformation, and a truly smart banking experience to every bank in the world. We strive to build transformative banking innovations, enable business development, grow a diverse global team, and make a positive impact in the communities that matter” added HarshvardhanPusala

Techurate is a Global Smart Banking technology company with a fine blend of technology skills, strong domain knowledge, and 500+ years of industry experience in IT. Techurate has worked in several highly under-banked nations and has successfully leveraged the power of Digital in bringing a vast audience into the organised banking fold. Headquartered in Bangalore, the company has served around 250+ Banks and Financial Institutions across 15+ geographies globally in a short span.

With its flagship products and services, the company has scripted several success stories in emerging markets like Zambia, Zimbabwe, Cameroon, and Botswana, that its looking to repeat in Latin America and India.

Techurate provides highly customised Digital Banking Technology Solutions for Banks and Financial Institutions that systematically deliver greater agility, measurable business value and enhanced customer experience.