Pushkar Limaye, Prathmesh Joshi and Rohan Vadgaonkar’s Carnot Technology uses an AI-enabled IoT platform to monitor tractors and improve the earning potential of farmers, harvesters and tractor owners.
The three graduated from IIT Bombay. During their stint there, Pushkar and Limaye were core team members of the IIT Bombay Racing group that develops and deploys innovative technologies for automobiles.
They founded Carnot in 2015, a few years after their graduation. The journey actually began with a smart connected devices project for automobiles, called Carsense, that they started in a 200 sqft office in Mumbai with seven people. After spending two years on that, they pivoted into the agritech space because they felt it was underserved.
Carnot provides solutions for those renting tractors through its Krish-e platform. The platform has over 25,000 tractors, harvesters and sprayers working on over 3 million acres of land each season. It expects to reach the 1 lakh mark over the next 18 months.
An AI-enabled IoT device is connected to tractors. Farmers use a mobile application to track the tractors in real-time, know the exact acreage of work done, and know the fuel status. The company says the fuel optimisation, including curbing of fuel theft, has resulted in savings of Rs 50,000 on average for every user.
The founders have five patents on the platform. The company has over 70 team members, operates in some 8 states, and impacts over 1.5 lakh farmers. Carnot has been funded by Mahindra and Qualcomm. Recently, it partnered with Avanti Finance for working capital credit access for farmers leveraging IoT data .
Pushkar Limaye, Prathmesh Joshi and Rohan Vadgaonkar’s Carnot Technology uses an AI-enabled IoT platform to monitor tractors and improve the earning potential of farmers, harvesters and tractor owners.
The three graduated from IIT Bombay. During their stint there, Pushkar and Limaye were core team members of the IIT Bombay Racing group that develops and deploys innovative technologies for automobiles.
They founded Carnot in 2015, a few years after their graduation. The journey actually began with a smart connected devices project for automobiles, called Carsense, that they started in a 200 sqft office in Mumbai with seven people. After spending two years on that, they pivoted into the agritech space because they felt it was underserved.
Carnot provides solutions for those renting tractors through its Krish-e platform. The platform has over 25,000 tractors, harvesters and sprayers working on over 3 million acres of land each season. It expects to reach the 1 lakh mark over the next 18 months.
An AI-enabled IoT device is connected to tractors. Farmers use a mobile application to track the tractors in real-time, know the exact acreage of work done, and know the fuel status. The company says the fuel optimisation, including curbing of fuel theft, has resulted in savings of Rs 50,000 on average for every user.
The founders have five patents on the platform. The company has over 70 team members, operates in some 8 states, and impacts over 1.5 lakh farmers. Carnot has been funded by Mahindra and Qualcomm. Recently, it partnered with Avanti Finance for working capital credit access for farmers leveraging IoT data .