Agritech


Latest Post

Agri Startups – Potential and National Perspective

Indian Council of Food and Agriculture recently hosted the AgroWorld 2018 from October 25 to 27, 2018 in Delhi. There was a chapter on All India Agri Startups Convention & Agri Startup Awards 2018 to passionately promote and showcase to the world innovative startups emerging in agri & food sector of India. This was my talk at event in a session titled Agri Startups: Potential and National Perspective.  Hello everyone, I know this session is about agri startups in general but I want to focus on the part that I know – agritech startups. Now, why is agritech so critical for India? Because what my colleagues are trying to do in agritech, has never been done before. If the great telecom revolution put a 2g phone in the hands of a farmer, agritech aims to give them the controls of a dron...

MarketGalee Analysis of India’s 2018 Union Budget

The 2018 Union Budget presented by the Government of India is highly commendatory for the agricultural industry. In a remarkable move, the government has this budget exceptionally remunerative for this sector. The budget has moved away from its production focused base to a marketing focused one, thereby exhibiting a substantial paradigm shift. The Indian government plans to increase the revenues of all framers by 200% within the year 2022. How much investment will this industry see? The agricultural sector will receive an investment of INR 14.34 trillion for supporting new existing schemes, implementing new ones, boosting rural economy, and its overall production. What’s more? All agricultural production companies with revenue less than INR 100 crore will see and exemption from any f...

MarketGalee Analysis of India’s 2018 Union Budget

The 2018 Union Budget presented by the Government of India is highly commendatory for the agricultural industry. In a remarkable move, the government has this budget exceptionally remunerative for this sector. The budget has moved away from its production focused base to a marketing focused one, thereby exhibiting a substantial paradigm shift. The Indian government plans to increase the revenues of all framers by 200% within the year 2022. How much investment will this industry see? The agricultural sector will receive an investment of INR 14.34 trillion for supporting new existing schemes, implementing new ones, boosting rural economy, and its overall production. What’s more? All agricultural production companies with revenue less than INR 100 crore will see and exemption from any f...

Price Parity in Agriculture trade in India and Role of Market Galee

India is Second largest agricultural produce in the world. Contributing 16% to overall GDP, India’s agricultural industry stands at roughly 322 Billion Dollar. Despite,being one of major contributor to GDP, the price parity in agriculture industry is almost nonexistent. Following reasons were identified as major drivers of price imparityNo transparency on supply and demandIncomplete and inefficient Broken -and-Farmer networkInvisible buyers and closet sellerFood waste with ineffective selling options MarketGalee has determined that with high growth rate of mobile user subscription and newerhas created a list of 100 smart cities with 500 additional cities that have potential to be the network of its smart pricing strategy. In a small survey conducted by MarketGalee in September 2016, ...

Brazil Agtech Market Map: 338 Startups Innovating in Agricultural Powerhouse

Editor’s Note: Francisco Jardim is founding partner of Brazilian agtech venture capital firm SP Ventures. Working with Centro Universitário FEI, and with the help of his colleagues, Agtech Garage, Pulse, Usina, Esalqtec, and Agrihub, here Jardim presents the Brazil Agtech Market Map and offers insights into the growth of Brazil’s agtech startup ecosystem. Over the past few decades, Brazil has gone from a net importer of food to an agriculture powerhouse. It has overtaken Australia and Canada to position itself as the second largest agricultural exporter on the planet. The South American nation is the world’s leading producer of orange juice, coffee and sugar and second in soybean, ethanol, and beef. When it comes to exports, Brazil leads the pack in soybeans, beef, poultry, coffee, sugar, ...

IACG & FarmLogics Technologies announce strategic partnership

FarmLogics Technologies Pvt Ltd. (FarmLogics) signed a memorandum of understanding (MOU) with International Agriculture Consulting Group (IACG) to form a strategic partnership to provide advance management and analytic solution for contract farming and commodity value chain. FarmLogics and IACG shall cooperate with each other in the field of base data generation & analysis, Contract farming business management solutions, Value Chain Management Solutions in the area of agriculture. Both companies will jointly work for specific projects related to Food & Agriculture sector in terms of technological innovations, Precision Agriculture, Agri-commodity Value Chain and Contract Farming. The partnership will enable IACG to offer complete solution on Agri sector consulting by offering FarmL...

Agritech Impact Assessment Study

NASSCOM is planning to conduct a study that will showcase the strength of Indian agritech sector to the world. As a part of the study, a reputed agency will be sent to the field to document how technology has impacted the lives of customers/farmers. This document will be shared with Central and state governments in India and relevant foreign governments too.  We are inviting all startups and agritech companies to send us the following details:   Technology(ies) used: Intended outcome/impact to be studied:  District: Beneficiary (farmer, corporate client, fpo etc): Sample size (rough estimate of number of farmers affected): Please consider areas where the technology has been implemented for at least a year and where the outcome is easy to measure. We will share the next steps with those who...

Leader Talk: Interview with Mark Kahn, Founding Partner, Omnivore

NASSCOM staff writer in conversation with Mark Kahn, Founding Partner, Omnivore. Mark Kahn is a Founding Partner of Omnivore, an impact venture fund that invests in Indian startups developing breakthrough technologies for food, agriculture, and the rural economy.  Mark serves as a Director for multiple Omnivore-backed startups, including Skymet, Eruvaka, and MITRA.   Previously, Mark was the Executive Vice President (Strategy & Business Development) at Godrej Agrovet, one of India’s foremost diversified agribusiness companies. At Godrej Agrovet, Mark was responsible for corporate strategy, M&A, R&D, and new business incubation.    Earlier in his career, Mark worked for Syngenta and PFM.  He earned a BA (Honors) from the University of Pennsylvania and an MBA from Harvard B...

Agriculture in India – Technology as a Catalyst to Create a Trillion Dollar Opportunity

The share of agriculture to be $1 trillion when India’s economy touches $5 trillion in 2025. – PM Narendra Modi at World Economic Forum Annual Meeting in Davos India has been at the forefront of advances in the agriculture in the world. Government policies in the field of water & soil conservation, animal husbandry, irrigation and research & extension services have led India to emerge as amongst the fastest growing agriculture economy since 2002. Today, agriculture contributes nearly 17.5% of India’s GDP. Since 2002 India has seen 3% annual growth rate in the agricultural sector. But a lot needs to be done to fulfil the government’s vision of making Agriculture add one trillion dollars to the economy. Current Agriculture Scenario India is the world’s largest...

Agritech Case Study Series: Shekru Smartphone App

BASIC DETAILS Product Name:   Shekru Smartphone App Name of Organization:  Shekru Software Services LLP At the helm:  Ananth Krishna Year of Incorporation:  2016 Core technology used:  Android Native, Microsoft Azure Cloud, Microsoft Visual Studio.Net, Microsoft SQL Server PROJECT DETAILS    1. Tell us about your product/solution in brief. Shekru is an android based smartphone app that seeks to empower agriculture stakeholders with awareness and access to educational, skill development and financial resources.  Towards this, we list agriculture relevant events, schemes and voices in vernacular language. 2. Mention the geographic area where your solution is implemented and give us details of the intervention. Shekru is focused for the state of Maharashtra.   Shekru hence is completely acces...

Investing in Agri-Tech Startups: Feasibility & Opportunities

The next-gen technology will have major impact on some of the key segments of the economy including agriculture. The increasing number of Agri-tech startups in the last 5 years is a testimony to fact that there has been great interest shown by investors in this sector. Start-up scenario in India Agri-tech (2013 – 2017) India has witnessed lot of interest from investors in Agri-tech startup’s covering IT & Analytics, IoT, and e-commerce sectors starting from the year 2016. Karnataka and Maharashtra together accounted for close to 50% of the total start-ups, with two-third of the overall funding received by Karnataka alone. The Coming Age of Smart Technology: Few Initiatives Start-ups like Cropin use big data to generate and record farm data which helps to determine opportunities a...

Agritech Case Study Series: DeHaat

BASIC DETAILS Product Name: DeHaat Name of Organization: Green Agrevolution Pvt. Ltd. At the helm: Shashank Kumar Year of Incorporation: 2012 Core technology used: Android based front end for last mile service providers and Farmers, cloud telephony for call centre and IVR & Odoo based customized backend for various users. PROJECT DETAILS 1. Tell us about your product/solution in brief. DeHaat is an ICT based platform which connects small farmers to their various needs – seeds, fertilizers, equipment, crop advisory & market linkage through network of trained micro entrepreneurs. Currently 80+ DeHaat micro entrepreneurs are serving more than 42,200 farmers in Bihar, U.P. & Odisha for their various agri demands related to Input, Information & Market linkage. DeHaat platform ha...

  • 1
  • 2
  • 6