{"id":3375,"date":"2022-07-19T12:09:41","date_gmt":"2022-07-19T04:09:41","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3375"},"modified":"2022-07-19T12:09:42","modified_gmt":"2022-07-19T04:09:42","slug":"daily-markup-548-aerodyne-enters-india-agriculture-sector-fairbanc-bypasses-inflexible-banks-to-serve-merchants-rara-delivery-rebrands-to-rara-now","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3375","title":{"rendered":"Daily Markup #548: Aerodyne enters India agriculture sector; Fairbanc bypasses inflexible banks to serve merchants; RaRa Delivery rebrands to RARA NOW"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/rgYAs_XElZgh93Bq2N7O8flzUVLkYoitkZuobAFMGFTc_bpCyl6BN-JRtqmRcfcFswm17nSb_eWnVVa4DQ11PZGUhLzK-vy-JZ6KW1USatljQsyUIEgfWx9UmBUI5ZzCC7Fs2oPwyKtHLKMM7nE8Z24\" alt=\"\" \/><figcaption>Credit: The Malaysian Reserve<\/figcaption><\/figure>\n\n\n\n<p><strong>Raising industry performance with drone tech<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Drone services are becoming increasingly important in multiple industries to improve productivity and reduce a country\u2019s dependence on labor. It\u2019s no wonder that in the past 3 \u00bd years, 500-backed drone company <a href=\"https:\/\/aerodyne.group\/\">Aerodyne Group<\/a> completed 16 foreign merger and acquisition (M&amp;A) activities. And the team is currently closing another one in Brazil!<\/li><li>To date, the group has over 900 drone professionals, manages more than 560,000 infrastructure assets, and surveys over 380,000km of power infrastructure across 35 countries.<\/li><li>Now, after establishing a strong presence in the Malaysian and Indonesian agriculture sectors, <a href=\"https:\/\/themalaysianreserve.com\/2022\/07\/15\/aerodyne-continues-to-expand-abroad\/\">the company is set to enter India<\/a>.&nbsp;<\/li><li>Founder &amp; CEO Kamarul A Muhamed said, \u201cThere is a major push for this technology by the government over there; we have done the market study and some people have already started (providing) it.\u201d<\/li><li>He added that the company\u2019s agritech division has improved yield for its customers by 30%, and that Aerodyne has an orderbook of about RM400 million in agricultural produce.<\/li><li>Read the full story <a href=\"https:\/\/themalaysianreserve.com\/2022\/07\/15\/aerodyne-continues-to-expand-abroad\/\">here<\/a>.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/-LJjkRaW5XuWwk_SK1UqjNif71GBmCBPlNdSqK9hq4JkC5XGe-tols695tZj4oRDtbj6pXEF_x2lfiT8bEJqiF8RAJ6r9QG3JMOzxTFaic58OmuJ-mX6AWIbdQc6wCWvx7U02-aTDdFqmTmi0TI1HTQ\" alt=\"\" \/><figcaption>Credit: Fairbanc<\/figcaption><\/figure>\n\n\n\n<p><strong>Tipping the scales in favor of mom &amp; pops<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u201c<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/making-mom-and-pop-shops-more-economically\/id1610605085?i=1000569020090\">Banks are inflexible<\/a>,\u201d said Mir Haque, Founder &amp; CEO of 500-backed <a href=\"https:\/\/fairbanc.app\">Fairbanc<\/a> of his first foray into the fintech space. Realizing that Bangladesh, his home country, was not ready for the tech platform he had to offer, he moved to Indonesia, where his startup took off.<\/li><li>Fairbanc serves mom-and-pop retailers who are customers of fast-moving consumer goods (FMCG) companies, providing a simple Buy Now, Pay Later (BNPL) solution.<\/li><li>In Indonesia, small business retailers often struggle to buy inventory, and banks typically reject their requests for loans. \u201cA lot of these issues could be solved through digitization and data science,\u201d Mir said. \u201cThere is a huge credit gap in emerging economies. That&#8217;s where we had this \u2018aha moment\u2019.\u201d<\/li><li>With&nbsp; FMCG companies already having existing data on their merchants, such as order and payment history, Fairbanc leveraged this information to open merchants\u2019 access to credit \u2013 all without the need to meet or digital literacy.<\/li><li>Listen to the full interview <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/making-mom-and-pop-shops-more-economically\/id1610605085?i=1000569020090\">here<\/a>.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/tRuWJSQcFkifLECS7JltLErIHZqymoQV1phHR0J81XTaDSyl79NLT_P3y3PqJ3X_qFaz0UKNIulB0sbmQIM25H1KdYs9kKgXLdoUohosWzH_d7NroTJW2EbktwcMwOsrXXRNoumFDipg9CBeEE5JK3I\" alt=\"\" \/><figcaption>Credit: RARA NOW<\/figcaption><\/figure>\n\n\n\n<p><strong>New look, new ambition<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In more news from 500-backed Indonesian startups, RaRa Delivery announced its rebrand to <a href=\"https:\/\/www.rara.delivery\/en\/\">RARA NOW<\/a>!<\/li><li>According to the company, RARA NOW is the first instant delivery service in Southeast Asia that is revolutionizing instant delivery for eCommerce and micro and small enterprises (MSMEs) in Indonesia. The company added that it empowers businesses to provide the best customer experience by using its smart technology, which ensures every product is delivered on time at the most affordable price.<\/li><li>&#8220;We\u2019re doing this <a href=\"https:\/\/www.linkedin.com\/posts\/raranow_we-are-now-rara-now-activity-6953550093266391040-4b9E\/?utm_source=linkedin_share&amp;utm_medium=member_desktop_web\">massive brand revamp<\/a> so we can be closer to our end customers,&#8221; said Karan Bhardwaj, Founder &amp; CEO.&nbsp;<\/li><li>With a fresh new look, RARA NOW will be improving its products and services as well as expanding its presence to more online stores across Indonesia.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Raising industry performance with drone tech Drone services are becoming increasingly important in multiple industries to improve productivity and reduce a country\u2019s dependence on labor. It\u2019s no wonder that in the past 3 \u00bd years, 500-backed drone company Aerodyne Group completed 16 foreign merger and acquisition (M&amp;A) activities. And the team is currently closing another [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3376,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[334,330,536],"class_list":["post-3375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-aerodyne","tag-fairbanc","tag-rara-now"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #548: Aerodyne enters India agriculture sector; Fairbanc bypasses inflexible banks to serve merchants; RaRa Delivery rebrands to RARA NOW - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3375\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #548: Aerodyne enters India agriculture sector; Fairbanc bypasses inflexible banks to serve merchants; RaRa Delivery rebrands to RARA NOW - Markup\" \/>\n<meta property=\"og:description\" content=\"Raising industry performance with drone tech Drone services are becoming increasingly important in multiple industries to improve productivity and reduce a country\u2019s dependence on labor. It\u2019s no wonder that in the past 3 \u00bd years, 500-backed drone company Aerodyne Group completed 16 foreign merger and acquisition (M&amp;A) activities. And the team is currently closing another [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=3375\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-19T04:09:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-19T04:09:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/07\/Drone.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"690\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3375#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/07\/Drone.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/07\/Drone.jpg\",\"width\":1024,\"height\":690},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3375#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=3375\",\"name\":\"Daily Markup #548: Aerodyne enters India agriculture sector; Fairbanc bypasses inflexible banks to serve merchants; RaRa Delivery rebrands to RARA NOW - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3375#primaryimage\"},\"datePublished\":\"2022-07-19T04:09:41+00:00\",\"dateModified\":\"2022-07-19T04:09:42+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3375#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=3375\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3375#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #548: Aerodyne enters India agriculture sector; Fairbanc bypasses inflexible banks to serve merchants; RaRa Delivery rebrands to RARA NOW\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\",\"name\":\"Ching Yee Ho\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"caption\":\"Ching Yee Ho\"},\"url\":\"https:\/\/dailymarkup.com\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #548: Aerodyne enters India agriculture sector; Fairbanc bypasses inflexible banks to serve merchants; RaRa Delivery rebrands to RARA NOW - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=3375","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #548: Aerodyne enters India agriculture sector; Fairbanc bypasses inflexible banks to serve merchants; RaRa Delivery rebrands to RARA NOW - Markup","og_description":"Raising industry performance with drone tech Drone services are becoming increasingly important in multiple industries to improve productivity and reduce a country\u2019s dependence on labor. 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