Agriculture

WayCool firm, SAP partner to empower new agritech start-ups worldwide

CENSANEXT, a subsidiary of WayCool Foods, has recently entered into a strategic collaboration with SAP India to drive technological innovation and reshape the landscape for emerging startups. In this partnership, CENSANEXT becomes a Partner Managed Cloud provider for SAP’s advanced ERP, SAP S/4HANA. Specifically designed to cater to the unique requirements of small enterprises and startups globally, this collaboration introduces a novel licensing model and cost-effective pricing for end-customers.

Beyond the financial aspects, this collaboration underscores CENSANEXT’s commitment to overseeing the shared infrastructure, ensuring that startups fully leverage the capabilities of SAP S/4HANA. The primary objective is to redefine the ERP landscape for startups, offering them a customized path to growth without the typical challenges associated with digital transformation.

Operating under the SAP Partner Managed Cloud model, CENSANEXT envisions a co-branded offering that extends the accessibility of SAP S/4HANA to small enterprises and startups on a global scale. Through this collaboration, CENSANEXT will provide an integrated solution for managing both application and infrastructure, delivering a seamless and efficient experience for customers embracing SAP’s cutting-edge technology.

By adopting SAP S/4HANA early on through a flexible subscription model, customers can eliminate the need for interim solutions and navigate the complexities associated with migration as they scale. The forward-looking approach of both companies ensures a smooth and cost-effective transition for businesses choosing to have SAP at the core of their operations as they pursue growth.

Avinash Kasinathan, CEO, CENSANEXT, said “Our collaboration with SAP marks a significant milestone in our commitment to providing cutting-edge technology solutions to small enterprises and startups. By becoming a Partner Managed Cloud provider of SAP S/4HANA, we empower emerging businesses with a robust ERP foundation from the early stages, lowering TCO, and eliminating the need for complex transformations as they scale. This collaboration is a testament to our dedication to fostering innovation and efficiency in the startup ecosystem.”

Sanket Deodhar, VP for Digital Natives & Start-ups, SAP India, opined, “The collaboration reflects our shared commitment to driving digital transformation and empowering small enterprises and start-ups with world-class ERP capabilities. With its parent company – WayCool Foods’ expertise in agri-tech and food value chain, CENSANEXT will be able to bring more value, through its unique IP, to the end-customers.”

Subhash Yadav

Recent Posts

India’s New Carbon Market May Let Big Polluters Pay to Pollute, Report Warns

India's national carbon market is scheduled to begin trading by around October, according to the…

24 hours ago

Battery recycler Ardee Industries to launch IPO on Aug-5

Delhi based lead-acid battery recycling firm Ardee Industries Ltd will launch its initial public offering…

1 day ago

Baheti Recycling revenue swells by 89% in Q1 FY27

Baheti Recycling Industries Ltd, a leading aluminium recycling company and manufacturer of aluminium alloys and…

1 day ago

India’s Compliance Carbon Market Faces Its First Real Test This Week

India's Carbon Credit Trading Scheme (CCTS) — the compliance carbon market notified in June 2023…

3 days ago

RECYKAL Invests 100Mn In Walbha Industries Transition To Biomass

Recykal, a circular economy company, has invested Rs. 100 million in Walbha Industries Pvt. Ltd.,…

4 days ago

NABARD, MAHAPREIT to bolster biomass & biogas infra in rural India

NABARD and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have entered a Memorandum…

4 days ago