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Here are 5 companies which are providing rural sector everything a consumer needs 

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The Indian startup ecosystem is changing and unlocking rural agritech by creating economic opportunities and enabling rural connectivity. India saw exponential economic growth in the past few years but needs to be more inclusive to reduce the number of people living in poverty in rural areas. However, with the startups investing in rural India, it has started to bridge the gap between the city population and people in rural areas by providing similar services that an urban person enjoys. Suppose we talk about a person sitting in a village who has to go to the nearest mart, mandi or town to get the services they require and has to travel a lot to avail of the essential services that a person residing in an urban city gets quickly. A business couldn’t also reach out to them because of the unavailable unit economics, but since technological advancement and digitalization came in, getting all these services is getting more accessible, which is changing year-on-year.

Here are five startups that provide these kinds of services in India to bridge the gap and redefine commerce.

 

Hesa is the one-stop-solution for Corporates, SMEs, Banks, Government and NGOs who wish to access rural India, for buy-sell propositions including brand promotions and social responsibilities. The technology-enabled commerce platform of Hesa efficiently connects end-to-end business to the rural population at the doorstep by the on-ground workforce called Hesaathi, with buying, selling, promoting, marketing, services all enrolled in one platform, Hesa has become the go-to-market solutions in rural India. Using a robust supply chain and user-friendly API, Hesa creates business and employment opportunities in remote areas. The company is leveraging rural entrepreneurship and offering dignified livelihood opportunities with the holistic development of rural communities.

 

Fintech startup pSwitch was launched in 2020 in Noida as a push for financial inclusion in India, and enable digital transactions in rural and semi-metropolitan regions where internet availability is a challenge. Earlier, the startup worked as a financial inclusion Business Correspondent (BC) with banks in Tier-I to Tier-VI areas and through its tech-empowered agent network. The startup aims to make the largest network of last-mile retail locations in India to benefit from financial inclusion, social inclusion, Digital India, skill development, employment, government programmes, and more. Since 2020, it has been offering doorstep banking services including domestic cash transfer, cash withdrawals, prepaid cards, travel booking, central, and state government services like eDistrict etc.

 

Jai Kisan – Mumbai based rural fintech platform intends to make financial inclusion a reality for rural people and companies. The startup offers digital financial services assistance, beginning with credit for online and income-generating, rural commerce transactions. The company is building a rural fintech full-stack stage to take care of the financial needs of clients in the country’s developing business sectors. The startup is working with 700+ organised and unorganised entities in the space, with an aggregate client base of over 1.5 lakh provincial people, including farmers.

 

Krishi Network which is an agritech platform to explore your interest in an interaction with our co-founder  Ashish Mishra  around the company’s vision to transform Indian agriculture by enabling farmers to adopt change with confidence. Founded by IIT Kharagpur alumni – Ashish Mishra and Siddhant Bhomia, Krishi network is a platform that eases information accessibility for farmers and enables them to generate higher profits from their land. Providing a mix of online and offline support, the company also has on boarded agri brands, agri-input merchants, and other stakeholders in the agriculture supply chain. Krishi Network app is currently available in Hindi, Marathi, Punjabi, and English, and is planned to be launched in other languages soon. Krishi network helps farmers by growing their horizon by reliably connecting them to experts and other agri-businesses beyond their local area, providing them information and accessibility to such technology.

 

Founded in 2012, FIA Global offers an extensive setup of financial services, including account opening, payments, money transfers, worldwide settlements, credit, insurance, and mutual funds. FIA additionally has a countrywide distribution network servicing 30 million clients. The startup intends to cater to 10 crore people with its neo-banking services across India, Nepal and Bangladesh in the next two to three years. Over the past two years, FIA has invested in Machine Learning (ML) and artificial intelligence (AI) to foster technology solutions that cultivate financial inclusion. FIA’s AI-fueled financial inclusion platform FINVESTA aggregates, plans and conveys sachet financial items products to low-pay clients through its network of 25,000 inclusion centres.

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