Innovative solutions to urgent problems are always developing in the quickly changing fields of technology and entrepreneurship. Preventing conflicts between humans and wildlife is one such area of concern, which presents a big challenge to Indian farmers. This article explores the innovative work of Bengaluru-based Katidhan, a company that provides solar-powered deterrent solutions. Furthermore, we examine the vital function of corporate governance using perspectives from MentorMyBoard, a firm committed to empowering and teaching board members.
Innovations in Human-Wildlife Conflict Prevention
India’s farmers deal with a variety of difficulties, such as scarce water supplies, pest infestations, and harsh weather. Attacks by wildlife, on the other hand, are also a serious risk since they can ruin crops and livelihoods. The creator of Katidhan, SR Ayan, has created creative fixes to lessen this problem. Established in 2017, Katidhan offers self-sufficient light deterrent systems that run on solar power and are intended to keep wild animals away from agricultural areas.
Two groundbreaking products—Parabraksh and Kapikaat—were introduced by Katidhan following a protracted period of research and development that included studies on animal behaviour during various agricultural seasons. At Rs 9,500 apiece, these items are affordable for farmers all over the nation.
Parabraksh: Repelling Large Animals
Large animals including tigers, leopards, elephants, and wild boars are repelled by the solar-powered smart deterrent light Parabraksh. By encircling farmlands with a secure perimeter and employing cutting-edge technology, the system successfully keeps these animals from trespassing on crops. Continuous functioning is guaranteed by the solar-powered feature, even in isolated locations with limited access to electricity.
Kapikaat: Bio-Acoustic Sound System
The second product from Katidhan is called Kapikaat, and it’s a solar-powered bio-acoustic sound system designed to keep monkeys away from agricultural areas. With an efficacy rate of about 70%, Kapikaat effectively deters monkeys by producing particular sound frequencies. This creative method lowers crop damage and increases agricultural productivity by addressing a common issue that farmers encounter.
Empowering Women Entrepreneurs in Corporate Governance
Technological advances such as those from Katidhan are addressing important issues in agriculture; at the same time, corporate governance methods are evolving. An experienced company secretary named Divya Momaya saw a hole in good corporate governance and decided to fill it. In order to give people and organisations in the corporate sector access to vital information, networks, and resources, she and her sister-in-law, Neha Shah, co-founded MentorMyBoard in 2018.
MentorMyBoard: Educating for Better Governance
A wide selection of courses on many facets of board leadership and governance are available from MentorMyBoard. Dissecting the responsibilities of the board, corporate risk management, the director code of conduct, fraud reporting protocols, and stakeholder responsibility are some of the topics covered. Additionally, the startup arranges networking events in locations such as Delhi, Nagpur, Hyderabad, Pune, Bengaluru, and Mumbai through offline and online directors’ meets.
A wide range of industries, including strategy, diversity, finance, treasury management, cyber/digital technology, legal, governance, marketing, sales, and compliance, are represented among the mentors at MentorMyBoard. This diversity guarantees a comprehensive approach to corporate governance and offers board members and business executives insightful advice.
Market Movements and Corporate Updates
There are expected to be major market developments this coming week. On August 6, the parent company of kidswear brand FirstCry, Brainbees Solutions, and SaaS platform Unicommerce eSolutions are scheduled to launch their initial public offerings (IPOs). On the same day, Ola Electric, whose IPO saw 35% of subscribers on day one, will end its subscription. SoftBank, a tech investor in Japan, stands to gain from these IPOs.
A slowdown has hit the tech industry, with the combined share prices of the Magnificent Seven—a collection of high-achieving tech companies—falling more than 10% since their peak in early July. Furthermore, expressing concerns about the state of the US economy as a whole, Warren Buffett’s Berkshire Hathaway sold off almost half of its Apple stock, now holding a record $277 billion in cash.
Sports and Events Highlights
In athletics, India defeated Great Britain 4–2 in a shootout to get to the Olympic men’s hockey semifinals. The squad is now only one victory away from winning an Olympic medal for the second time in a row.
Regarding events, September 26–28 is when the 15th edition of TechSparks Bengaluru is set to take place. Leaders in the field, entrepreneurs, and innovators are expected to gather for enlightening conversations and networking opportunities at this top event.
Final Thoughts
It is evident from an intriguing week of business developments, market swings, and technology advancements that promoting sound corporate governance and preventing conflicts between humans and wildlife are essential for long-term prosperity. The creative solutions of Katidhan and the educational programs of MentorMyBoard serve as examples of how knowledge and technology can solve problems in the real world and bring about positive change.
