Four agri-tech startups that are reducing economic losses with the help of their technology
Agritech swiftly and surely is shaping the agricultural economy for a tech-led more progressive future. There is a whole new paradigm shift from traditional and analog markets to highly interactive, and innovative online marketplaces
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There is a movement of talent growing in the agri zone, which is the reason that the agritech sector is booming in India.The lockdowns and the uncertainties and a shutdown of the age-old business module gave way to online mandis and a host of e-commerce platters at every level. Agritech swiftly and surely is shaping the agricultural economy for a tech-led more progressive future.There is a whole new paradigm shift from traditional and analog markets to highly interactive, and innovative online marketplaces. The future of agri solutions is clearly more digital, modular, and flexible, bringing in traceability to each farmer's grain and transparency with regard to the quality of the produce.
Various agri-tech companies have come into play to help the farmers provide the best value for their produce. They help them by assessing the quality of the yield and also in the grading procedure through FPOs. They are working on various technologies that not only create a viable business, but also will be able to help improve farmers’ income. Below are some startups that helping in reducing economic losses with the help of their technology:
Aqgromalin is one of the fastest-growing farm diversification companies that aims to supplement the income of small landholding farmers through ready to implement micro-farms. It makes access easier for various agricultural implements and technology. Incepted in 2019, the company is based in Tamil Nadu and has strong operations in Andhra Pradesh and Telangana. Backed by technology, the full-stack company offers innovative growth ideas to farmers in the areas of – Agriculture, Aquaculture, Animal Husbandry, and Insect farming. It provides supplement incomes for existing farmers especially small tract holders by offering them a variety of growing options. It’s buyback policy ensures farmers that they get a fair price for their produce hence improving their trust in the system. Access to information, Machinery, Credit, and Materials are made at a single point which makes lives better and profitable for farmers.
Barton Breeze is a commercial hydroponic farm specialist, using controlled sustainable technology and modern farming techniques, to create highly productive agri-models for the new-age farmer. Barton Breeze sets up fully-automated hydroponic farms using its in-built technologies to grow clean and pesticide-free vegetables. Barton implements Artificial Intelligence and IoT (Internet of things) for productivity. Software is developed where a device is clipped on the leaves and stem of each plant. The software is connected to the computers, and informs the user when a particular plant needs more nutrients or minerals.
Fasal is a bengaluru based agri-tech platform founded in 2018. It is an AI powered platform for agricultural ecosystem. It records a variety of growing conditions on the farm and then uses artificial intelligence and data science to make on-farm predictions, before delivering the insights anywhere on any device including Android, iOS, tablets and web.
Founded by Thirukumaran Nagarajan, Ashutosh Vikram, Kartheeswaran KK, Sachin Jose, and Sharath Loganathan in July 2015, with its headquartering in Bengaluru. NinjaCart provides an Agri-marketing platform that lets the farmers sell their fresh produce directly to retailers, restaurants. It helps provide better prices for the farmers and a constant supply of fresh fruits and vegetables for the retailers and restaurants.Till date, Ninjacart has raised $164.2 million from Tiger Global Management, Accel, Qualcomm Ventures and Steadview Capital.
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