Categories: State News

IIT Madras startup launches ‘mooPay’ for dairy farmers in Rajasthan

The IIT-Madras incubated dairy-tech startup, “Stellapps” has launched a first-of-its-kind, fully-automated direct payment platform, ‘mooPay’, for dairy farmers in Rajasthan. The Digital technology solutions provider Stellapps is a first of its kind end-to-end dairy technology solutions company of India. It is also one of the technology pioneers of the World Economic Forum (WEF).

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

About “mooPay”:

  • mooPay is a payment gateway for dairies and dairy farmers where the dairy officials can transfer milk payments digitally to member farmers from the dairies’ existing bank account to farmers’ savings bank account.
  • Directly depositing payments in farmers’ bank accounts will help enhance farmer savings and will also build farmer loyalty to the dairy.
  • This will remove the risks and costs of transferring money in cash to hundreds of thousands of farmers in hundreds of villages.

Important takeaways for all competitive exams: 

  • Stellapps CEO: Ranjith Mukundan
  • Stellapps headquarters: Bengaluru, Karnataka.

Find More State In News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Leave a Comment
Share
Published by
Sumit Arora
6 years ago

Recent Posts

India Unveils First Air Taxi Prototype: How eVTOL Aircraft Work, Features, Benefits and Challenges

India has taken a significant step towards the future of urban transportation with the blessing…

3 hours ago

Commonwealth Games 2026: India’s 120-Member Contingent – Full Squad, Flag Bearers and Key Highlights

The 23rd edition of Commonwealth Games is slated to take place in Glasgow, Scotland from…

4 hours ago

Takeda’s QDENGA Becomes India’s First Approved Dengue Vaccine

India has granted authorization for its first dengue vaccine to be used, which indicates a…

4 hours ago

Supreme Court Asks Centre to Frame Uniform Post-Retirement Norms for High Court Judges

The Supreme Court has instructed the Central Government to form a committee within two weeks…

4 hours ago

Mukhyamantri Swasth Bastar Abhiyan Improves Maternal and Child Healthcare in Sukma

The Mukhyamantri Swasth Bastar Abhiyan (Chief Minister's Health Bastar Mission) is showing satisfactory results as…

5 hours ago

Index of Core Industries Growth Rises 5% in June 2026 Under Revised 2022-23 Base Year Series

India's Index of Core Industries (ICI) witnessed a 5% growth year-on-year in June 2026 as…

6 hours ago