Strengthening the commodities value chain with its ultramodern approach, Origo Commodities has now on-boarded industry veteran K. V. Singh as its Vice President (VP) of the E-Mandi digital platform. The incoming VP joins the agri-fintech company with more than two decades of in-depth industry experience in commodity exchange, retail assets, business network development, and Farmer Producer Companies (FPCs) alongside others. He is also a known authority in terms of digital marketplaces with specialization in both equities and derivatives across segments.
At Origo, Mr. Singh will hold the baton for analyzing the commodity value chain of the agri-fintech player’s e-Mandi platform. He will also establish market linkages for the company’s government and corporate clients’ procurement and disposal operations. Mr. Singh will further bear the charge for setting up an e-marketplace for all commodities.
Origo aims to enroll more than 20,000 market participants on its platform and reach a revenue target of Rs. 100 crores via them by FY 2025. The agri-fintech platform aims to tap into K. V. Singh’s previous experience in designing commodity derivatives for the country’s leading agri-commodity exchanges. It will add tangible value while designing and implementing multiple products on Origo’s E-Mandi platform. The brand further envisions inducting more people in its E-Mandi team led by K. V. Singh.
Following K. V. Singh’s recruitment, Origo aims to take giant strides throughout the agricultural business sphere of India. Some of the key focus regions will be Punjab, Haryana, Uttar Pradesh, Rajasthan, Maharashtra, Tamil Nadu, Delhi-NCR, and Karnataka alongside others. Furthermore, agri-fintech players will give a strong emphasis to all agri commodities including wheat, corn, paddy, pulses, and oilseeds to name a few. It will also cover the entire value chain of these commodities from farmer to miller.
Speaking on the development, Sunoor Kaul, Co-Founder, Origo Commodities said, “Origo is today redefining the agri-commodities space. We are leaving no stone unturned to improve the efficacy of our agricultural sector by addressing the prevalent constraints in the supply chain. Following our success with tech-driven warehousing and structured trades, we are now unlocking superior efficiencies and further streamlining them by making our agri-fintech platform more robust. K. V. Singh comes onboard with broad experience in both commodities and digital spaces. He has made significant contributions to the derivatives markets in India. His innate understanding of the ecosystem and the proven-track record will surely amplify our efforts.”