A new start-up company in Thailand is having a mobile app that is specially designed to help farmers to increase crop yield. This truly seems to be something very inspiring for the new generation.
Thailand’s start-up scene is growing a lot nowadays, and a new lot of start-ups are coming on in this era. It is truly a wonderful thing of the present, and we are more than happy to bring the incredible news to you guys. The start-ups are rising, and it is giving birth to a new breed of tech entrepreneurs.
One example of the aforementioned breed is — such as Aukrit Unahalekhaka. We know that you might be a little bit intimidated by the name, but that is who he is. He is the one who came up with the idea which was to be of creating an app. An app as such is going to help the small farmers boost yields. How is an app going to do such a task, you ask? Well, the app is going to be using artificial intelligence and machine learning.
After he had gone to the United States and then upon returning from the United States, Unahalekhaka and Usman Javaid went ahead and co-founded Ricult in 2016. It has been some time since these two have gone ahead and started the main company. The start-up has been created with the aim to improve the livelihoods of farmers in Thailand and Pakistan. This is a great initiative if you ask us.
We are happy to announce that Ricult’s mobile app has been a good success in the initial stages as it has signed up almost 400,000 farmers in Thailand. The app will help the farmers with the necessary knowledge that they need to get better yields.
“In the past two years, we have worked a lot with the central banks and many research institutions. We have shown that our technology has increased the farmers’ income by at least 50%, as a baseline,” Unahalekhaka told CNBC’s “Managing Asia.”
That is all that we know for now.
