The emergence of the green revolution has made this country improve its style of cultivation and also it’s living standards. It has not improved its old instruments of framing with the latest ones and all thanks to the agritech startups that have boosted such development. In this article, we will discuss the various emerging agritech startups that have helped the farmers to a great extent.
Not only the instruments but also the improper framework and the farmers not being able to access a broad range of markets easily have now changed. The agritech startups are now making use of modern methods to enhance farming, bringing technology accessible to farmers and helping them in improving their lives.
Approximately, 60% of the population of rural Indian households earn their living from this sector. However, despite its massive significance to the sector, it is still struggling with varied issues like the usage of outdated equipment, improper infrastructure, and so on.
Top 5 Emerging Agritech Startups That Is Helping This Sector
In a bid to enhance, improve farming techniques and to solve these issues, agritech startups are trying to offer data to the farming sector, develop their farming techniques, and help farmers to become more efficient. The EY report estimates that the Indian agritech sector has the potential to attain $24 billion by 2025.
On the contrary, according to the 2019 NASSCOM report, this nation is home to over 450 agriculture startups, developing at a rate of 25% every year. These emerging agritech startups have highly empowered 150 million odd farmers with data driven systems. With that, let us begin with knowing the emerging agritech startups of India that do so much for this sector. And these agritech startups ideas have clicked with the farmers to a great extent. So let us begin with our list of agritech companies.
Farmkart was released in 2017 by Atul Patidar. It is an eCommerce startup Barwani-based Farmkart that allows farmers to buy modern agricultural items like pesticides, fertilizers, and seeds at affordable ranges.
Farmkart can distribute items to remote and rural places. That comprises areas that are not yet serviced by e-commerce majors in this country, within 24-36 hours. This agritech startup was selected as part of the Top 50 Global Innovation Startups in 2018 by Startup Grind, which was powered by Google for Entrepreneurship. The startup was also appreciated by Prime Minister Narendra Modi in the 70th edition of ‘Mann Ki Baat’.
Farmkart also provides Farmers end-to-end-consultancy to make them understand how they can take advantage of technology to enhance their productivity. As per the creator, farmers can call the official number and take help from agronomists.
Established in 2020 by Vimal Panjwani along with his mother who was a retired government officer Shobha Chanchlani, AgriVijay provides farmers and the rural families a broad range of renewable energy products tailored to their requirements and infrastructure setup.
This Pune-based startup is an aggregator. It provides several products –
- biogas gensets,
- solar-powered water pumps,
- solar energy inverters, and
- solar water heaters to suit the specific energy needs of buyers.
The startup sells primarily via its website, social media channels, and call center. Farmers can buy the products from the offline stores of the startup in villages as well. The prices for solar and biogas energy products range from Rs 9,000 to Rs 35,000.
3. Rise Hydroponics
Rise Hydroponics was founded in April 2020, by Tusshar Aggarwal with the partnership of Vivek Shukla and Meet Patel. This emerging agritech startup delivers end-to-end soil-less farming repairs which are meant to help in evolving both indoor and outdoor hydroponic farm projects.
The Ahmedabad-based agritech startup aims to create a 12,000+ sq ft commercial hydroponics farm in Bhiwandi, which is expected to be working soon. Apart from this, it has created an indoor vertical hydroponics farm in Worli, Mumbai.
Established in 2017 by Rounak Kumar with his partners Priya Pandey and Raman Kumar. Agrifeeder is offering farmers by training them about the latest technologies, farming techniques, offering good quality fertilizers and seeds to pre-harvest marketing and post-harvest management.
Agrifeeder supports farmers in five primary aspects —
- Storage facilities
- Purchase of grains
- Farming training
- Implementation of organic farming
- Financial assistance.
The Bihar-based startup is training farmers on farming techniques, the appropriate use of fertilizers and chemicals to enhance productivity, and also on deciding on prices of the items produced. It is also training farmers to produce their organic fertilizers and boosting them to adopt organic farming.
Agritech startup Saptkrishi that has its headquarters at Bhagalpur has developed Sabji Kothi or Preservation, which is a Wheel-mountable, microclimate-based storage system that is portable, cost-effective, and extends the shelf life of vegetables and fruits from three days to up to 30 days.
Established in 2019 by Nikky Kumar Jha along with his sister Rashmi Jha, this emerging agritech startup is currently being accelerated at IIT-Kanpur. It was initially produced at IIT-Patna and has been doing paid pilot trials via various private and public collaborations like with the Bill & Melinda Gates Foundation, the Indian government, and consulting firm Microwave.
Nikky states that the USP of his company lies in the fact that it is a non-cooling, zero-chemical, and totally green technology priced at Rs 10,000. According to him,
Agriculture is the backbone of India’s economy. With more than 60% of the Indian households still dependent on farming, this sector has a great potential for the startups. And the startups have huge scope to bring development in this sector. Having said that, there are various startups in agritech who have already started to work towards attaining this goal. They have helped the farmers to a great extent and are continuing to do so. They have brought in the latest technologies in this sector that have eased the job of the farmers. In this article, we have discussed the top emerging agritech startups of India that are surely going to change the future of the farming sector in India and they will stand among the top agritech startups in the world for sure.