BREAKING: India’s Fasal raises $1.6m seed funding to build out precision ag across SE Asia

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BREAKING: India’s Fasal raises $1.6m seed funding to build out precision ag
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Fasal is an AI-powered IoT-SaaS platform for horticulture, which captures real-time data on growing conditions from on-farm sensors and delivers farm-specific, crop-specific actionable advisories to farmers via mobile in vernacular languages.
Fasal’s field sensor array can be installed by farmers in less than 15 minutes, the company says, and measures multiple dynamic variables, including micro-climate, soil, and crop conditions.
Fasal leverages machine learning to transform this field sensor data into farm-level predictions, anticipating various risks while helping horticulture farmers to reduce input costs by optimizing crop protection, irrigation, and crop nutrition.
Founded in 2018 by Ananda Prakash Verma and Shailendra Tiwari, Fasal focuses on high-value, export-oriented horticulture crops where farmers are concerned with maximizing produce quality and minimizing chemical residues.
“We are on a mission to help horticulture farmers make data-driven, logical decisions and shift farming to autopilot mode,” said Verma, who serves as CEO.
Farmers using Fasal, he said in a note sent to AFN, “are seeing major increases in profitability and huge water savings, even in the driest parts of Maharashtra.
Ultimately, we will become a full-stack platform for horticulture farmers.”
Fasal is presently operating in the Indian states of Maharashtra, Karnataka, Chhattisgarh, Madhya Pradesh, Tamil Nadu, and Andhra Pradesh, but the management has plans to expand pan-India and also to enter select markets across Southeast Asia.
Fasal will use the funding from its Seed round to build out AI capabilities for each horticulture value chain where the company is focused.
Finally, the company will scale up its B2B2F (business-to-business-to-farmer) sales force, which will partner with aggregators, exporters, and processors in each horticulture value chain to access their networks of farmers

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