India is home to more than 450 agritech startups, growing at a rate of 25% year-on-year. As we mark our 75 th year of Independence , it has now become very crucial to acknowledge the importance of financial independence. After traditional supply chains got disrupted due to the covid-19-led lockdowns, a slew of agritech startups are helping farmers connect with buyers, automate supply chains and build the next layer of data analytics to drive efficiency by using Artificial Intelligence (AI) and internet of things (IoT). Thus , helping farmers in every circumstance to earn sustainable income.
Here is the list of agritech startups that are helping the farmers to become financially independent with their unique services :
AgriBazaar-India’s largest agri-tech marketplace is channelising all their energies to empower farmers with the latest tools at attractive prices. The digital platform not only provides access to agricultural inputs, such as fertilisers, seeds, planting materials, and equipment but also strives to equip farmers with adequate information on the quality and best practices of the products they buy.AgriBazaar offers valuable insights into the incorporation of sustainable farming practices through organic inputs. They have also developed advanced technologies to offer real-time crop advisory with farmers, leveraging Big Data, analyzing historical weather data and sharing real-time farming advice. They also have an in- house virtual payment solution platform agriPay to provide additional security and enhanced convenience to farmers and buyers while transacting on the platform.
Unnati is helping farmers become entrepreneurs by becoming a farming enterprise. From helping them acquire high quality branded inputs at minimal rates to procuring credit at a much lower rate or without any collateral, Unnati has redefined the conventional ways of farming. The startup has successfully impacted over 250k farmers’ lives through its network of 17k uStores. Unnati is empowering farmers through the way of Farmer Producer Organizations (FPO) and is enabling them with tech-led business solutions enhancing their economic strengths and marketing linkages for improving their income. Unnati is equipping the FPOs to leverage their collective strengths and bargaining power to access financial and non-financial inputs, services and technologies, reduce transaction costs, and tap high-value markets. Unnati’s predictive farming model is shaping the future of farming with its sophisticated technology. The model helps the farmers in making precise decisions which are based on over 200 parameters drawn from satellite information, transaction history, farmer’s pattern, soil information, and weather information among others.
AgroStar, founded by brothers Shardul Sheth and Sitanshu Sheth in 2013, offers an online marketplace for farmers to buy agricultural inputs. This agritech startup also helps farmers by providing real-time advice from experts on how to manage their crops and boost their yield.
Agdhi, an agritech startup based in Bengaluru has introduced vision enabled AI-based technology in agriculture. It has launched Machine Learning and computer vision techniques to detect defects in seeds and crops, thus enabling the farming community to get quality seeds and crops. The results arrive in seconds.The aim is to bring technology disruption in seed testing, seed sampling, and crop yield, which is the need of the hour. The startup is introducing digital technology and building alternative solutions to facilitate sustainable methods in agriculture.
CropIn is an intuitive, intelligent, self-evolving system that delivers future-ready farming solutions to the entire agricultural sector. The brand delivers decision-making tools that bring consistency, dependability, and sustainability to agri-businesses. Real-time actionable insights enable farm management companies to take planned and responsive business decisions. The predictability of quantity and quality of yield, combined with reduced cost of operations, results in higher productivity for the businesses.