DeHaat Acquires NEERX to Boost Real-Time Agri Intelligence
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Agritech leader DeHaat has acquired Ahmedabad-based NEERX, a smart farming solutions company, for an undisclosed amount.
This strategic move integrates NEERX's advanced real-time soil and weather monitoring technology into the DeHaat platform, significantly enhancing its precision agriculture offerings.
Founded in 2019 by Harsh Agrawal and Nikita Tiwari, NEERX is known for its flagship product, SHOOL — an ISRO-validated soil sensor that delivers vital data on soil and crop conditions. The sensor system merges on-ground data with satellite imagery and cloud-based analytics to optimise irrigation, nutrient usage, and crop productivity.
Through this acquisition, DeHaat will now offer farmers real-time insights into soil health and weather conditions, aimed at improving agricultural decision-making. The SHOOL sensors and NEERX's analytics platform will be deployed across DeHaat's network, providing actionable recommendations to smallholder farmers.
NEERX's founders will join DeHaat to support the scaling of this technology. The move aligns with DeHaat's broader goal of integrating cutting-edge tech into Indian agriculture.
Founded in 2012, DeHaat operates from Patna and Gurugram and serves over 12 states with a wide range of agricultural services — including quality input delivery, farm advisory, financial assistance, and market linkages. Its network spans more than 18,000 DeHaat Centres and includes partnerships with over 1,000 agribusinesses.
The NEERX acquisition follows DeHaat's purchase of AgriCentral from Olam Agri earlier this year, as the company continues to expand its digital agriculture ecosystem. The latest partnership underscores DeHaat's commitment to data-driven, sensor-based solutions to empower Indian farmers.
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President Trump's copper (HG=F) tariffs are due to hit imports valued at more than $15B in 2024, highlighting the potential inflationary impact on American manufacturers. Trump's unveiling of 50% import duties rattled the global copper market last week, because the US president provided a surprise exemption to key forms of wiring metal. But it still leaves significant trade volumes subject to tariffs. Bloomberg News reports: Read more here. Trump threatens EU with increased tariffs if it doesn't meet investment pledge President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. Trump says pharma duties could go to 250% President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." US tariff on EU goods set at flat 15% The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
an hour ago
- Bloomberg
Bloomberg Daybreak Asia: Reciprocal Tariffs to Take Effect, Trump Threatens Chip Levies
After months of negotiations, US reciprocal tariffs are set to go into effect at 12:01am Eastern time. On Wednesday, President Donald Trump imposed an additional 25% tariff on Indian goods over its ongoing purchases of Russian energy, escalating a fight with a key Asian partner on the eve of his broad-based duties taking effect. Meantime, Switzerland's president Karin Keller-Sutter left Washington without announcing any success in lowering the 39% tariff on her country - the highest American tariff rate of any developed nation. For more, we heard from William Reinsch, Senior Adviser at the Center for Strategic and International Studies. He speaks with Bloomberg's Haidi Stroud-Watts and Haslinda Amin on The Asia Trade. Plus - President Trump said he would impose a 100% tariff on semiconductor imports, though would exempt companies moving production back to the United States. The announcement came as Apple CEO Tim Cook joined the President at the White House to announce a fresh $100 billion investment plan in US manufacturing. We get reaction from Emily Benson, Head of Strategy at Minerva Technology Futures.
Yahoo
an hour ago
- Yahoo
Analyst has a shocking plan for India to crush 50% tariffs
Analyst has a shocking plan for India to crush 50% tariffs originally appeared on TheStreet. On Aug. 6, President Donald Trump took the global tariff war to another height as he hiked tariffs on India to 50% for buying oil from Russia despite the war in Ukraine. While the decision left the global crypto community fuming due to concerns over the market, the reaction from the Indian crypto community was even more severe. Kashif Raza, a prominent crypto voice in India, suggested the country take a crypto-centric approach to solve the tariff conundrum. Ethereum is the right way for India to answer Donald Trump, Raza argued. According to Raza, India's renowned IT companies will be worst hit by these tariffs. In fact, two of the leading IT firms of the country generated $26 billion in annual revenue from the U.S., he claimed. In response, India can contain the loss by betting on Ethereum. One of the ways could be staking ETH, he said. Staking refers to the process of locking up your crypto assets like ETH to help secure a proof-of-stake (PoS) blockchain network and earn yields in ETH staking offers 4%-4.5% yields, India can stake $577 billion worth of ETH to earn $26 billion in yields, he added. But how will the country accumulate such a large amount of Ethereum for staking purposes? Raza points toward the country's massive gold reserve worth $84.5 billion, which he asks to be converted into ETH for staking. At the current ETH price of around $3,650, India can exchange its gold reserve for more than 23 million ETH tokens. When Aditya Singh, another popular community voice, said only Bitcoin is the way, Raza highlighted a recent directive in the U.S. that encourages liquid staking. If U.S. corporations can earn billions by ETH staking, India shouldn't be left behind, he added. Analyst has a shocking plan for India to crush 50% tariffs first appeared on TheStreet on Aug 6, 2025 This story was originally reported by TheStreet on Aug 6, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
