Indian Ag-tech startups to look out for in 2022
16 February 2022, New Delhi: Technology in agriculture is advancing at a rapid pace in India. The farmers now have access to high quality products along with advanced technology to forecast pest infestations, use IOT devices for local weather updates, use of drones for application of plant nutrition and agrochemicals, accurate market prices forecast and advances supply chain with cold storage options. Ag-tech refers to farm products, services, or applications that improve various input/output processes. Agricultural technology has evolved due to advances in agricultural science, agronomy, and agricultural engineering.
India’s agricultural revolution, or Agriculture 4.0 is being fueled by the rapid use of deep-tech solutions across the country. Entrepreneurs, investors, businesses, governments, and, most importantly, farmers have all taken notice of the rapidly growing ag-tech industry. The Ag-tech industry is a fast-growing sector that holds a lot of promise for improving Indian agriculture and, as a result, farmer incomes.
Here are four Ag-tech startups to lookout for in 2022
Aqgromalin is a technology-driven agricultural diversification platform that allows farmers to enter the animal husbandry and aquaculture industries. Through a complete stack tech solution, It works both upstream and downstream of the farm gate. Farmers can use their app AQAI to order high-quality inputs and have them delivered to their land. After harvest, their downstream trading platform allows farmers to sell their products to dealers, retailers (butcher shops and fish stalls), and exporters through their network.
DeHaat is one of the fastest-growing Ag-Tech start-ups and one of the few companies in India that provides end-to-end solutions and services to the farming community. It is developing AI-enabled technology to change the farm sector’s supply chain and production efficiency. It has about 650,000 farmers in their service network in Bihar, UP, Odisha, and West Bengal, and plans to reach 5 million farmers by 2024.
Ninjacart is India’s largest fresh produce supply chain company, and uses technology to solve one of the world’s most difficult problems. Using in-house systems that drive end-to-end operations, it connects food farmers directly with retailers, restaurants, and service providers. Their Supply Chain is currently capable of transporting 1400 tonnes of perishables from fields to companies in less than 12 hours per day.
Arya.ag is a value chain integrator for the agricultural industry based in India. Arya works with smallholder farmers and FPOs for post-harvest activities such as storage, credit and risk assurances, financial and market connections, and policy improvements.