AI, Agriculture, Delivery: Test Your Business Creativity with Edition 171 of Our Weekly Quiz!
This insightful feature tests and strengthens your business acumen! Here are 5 questions to kick off this 171st quiz. Ready?
Lateral Sparks, our weekly quiz, challenges your domain knowledge, business acumen, and lateral thinking skills. In this edition of the quiz, we present real-life issues tackled by entrepreneurs during their startup journeys.
What would you do if you were in their shoes? At the end of the quiz, you’ll discover the solutions implemented by the entrepreneurs and innovators themselves. Would you approach things differently?
Explore our Book Review section with reflections on creativity and entrepreneurship, and delve into our weekend PhotoSparks section focusing on creativity in the arts.
Challenges in Selling Produce as a Small Farmer
Many small farmers struggle to sell their produce due to insufficient market information, inefficient supply chains, and inadequate pricing power. How can these problems be tackled effectively?
The Fragmented Construction Materials Industry
The construction materials industry is notably fragmented, with manufacturers and retailers facing challenges such as opaque value chains and delays in order fulfilment. How can technology provide solutions to these issues?
Enhancing Delivery Times with AI and Edge Computing
AI and edge computing are enhancing delivery times in sectors like healthcare, eCommerce, and quick commerce. What other technologies can significantly improve these sectors?
Educational Aspirations of Women in Traditional Societies
Patriarchal restrictions and inadequate resources often hinder the educational aspirations of women in traditional societies. How can schools and the broader ecosystem become more progressive?
The Surge in Demand for Dynamic Video Content
There’s a rising demand for dynamic video content across various industries, yet traditional video editing tools remain complex or fail to deliver in real-time. How can these challenges be addressed?
Congratulations on making it this far! Dive into the answers to these five questions and learn more about the innovative solutions entrepreneurs have devised.
Aggregation Solutions for Farmers
Agritech startup Mulyam, founded by Mahesh Kedari, Yogesh Kedari, Preetesh Dutt, and Santosh Shitole, provides aggregation solutions to help farmers access wholesale markets in distant locations. By bridging the market accessibility gap, farmers can achieve better price realisation. The company also offers an AI-enabled decision support system to facilitate informed decision-making for both farmers and buyers.
Disruption in the Construction Materials Sector
Led by Mayank Bhawsinghka and Manish Maheshwar, Nirmaan is a B2B managed marketplace focused on the construction materials sector. This Kolkata-based firm leverages technology to connect manufacturers with retailers, addressing challenges such as opaque value chains and inefficient communication. With their platform, retailers benefit from improved product discovery and streamlined order fulfilment.
Revolutionizing Last-Mile Delivery with Drones
Founded by Kishan Tiwari and Rimanshu Pandey, TSAW Drones provides on-demand delivery solutions in sectors like healthcare, eCommerce, and quick commerce. Their Level 5 autonomous drones enhance last-mile logistics and support precision farming. Beyond building drones, the company manages the entire process, from manufacturing to delivery, showcasing its potential in areas like COVID-19 vaccine distribution.
Empowering Women Through Education
Khushboo Awasthi founded two organizations, ShikshaLokam and Mantra4Change, which aim to empower women and fulfill their educational aspirations. Mantra4Change focuses on improving schools that serve children from disadvantaged socio-economic backgrounds. By mobilizing communities such as mothers, self-help groups, and local youth, they aim to create sustainable positive change.
AI-Driven Video Creation Tools
Vmaker AI, spearheaded by RS Raghavan, offers intuitive video creation and editing with AI-driven features like auto-captioning, background removal, and noise reduction. The platform supports cloud collaboration, facilitating seamless teamwork for marketing and educational endeavors, and provides a user-friendly interface with an expansive library of templates to reduce the learning curve.
Happy reading, happy learning, and happy creating!