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[ad_1] MUMBAI: In a boost for Swiggy, its US-based investor Invesco has yet again marked up the startup ’s valuation. Regulatory filings made with the US Securities and Exchange Commission showed that the asset manager valued the food delivery company at about $8.3 billion as of October 31, 2023. This is higher than the valuation of $7.8 billion that Invesco had ascribed the Bengaluru-based firm in its earlier mark up at the end of July. With this recent mark up, Invesco has raised the startup's valuation for a second straight time. The firm held about 2% stake in Swiggy as of November 2023 , data sourced from market research firm Tracxn showed. The valuation boost is a positive development for Swiggy which is understood to be preparing for public market debut . The latest valuation, is however, lower than the firm’s peak valuation of $10.7 billion at which it had raised $700 million from investors led by Invesco in January 2022. The company which rivals Zomato in a compe

[ad_1] Aigen founders: Rich Wurden (CTO) and Kenny Lee (CEO) Courtesy: Aigen The Aigen Element looks like a drafting table on rugged tires. It drives itself continuously at around two miles per hour over farmland, using an advanced computer vision system to identify crops and unwanted botanical invaders. With two-axis robotic arms positioned close the ground, the Element can flick weeds out of the way where they'll dry out before they can grow seeds and spread. The robots, which are used in a fleet and sized to meet the needs of a particular growing operation, work continuously for 12 to 14 hours at a time and never need to be plugged in. They are equipped with a lithium iron phosphate battery pack, as well as flexible solar panels which are lighter than the kind typically used on rooftops. They can even run in the dark for about four hours, or six hours in light to moderate rain — all without the emissions associated with diesel-powered farm equipment. The company behind the