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AgriTech is clearly leading India’s next green revolution. Himanshu Goyal, India sales and alliances leader at The Weather Company said, “IBM sees a ₹5,000 crore opportunity from AgriTech in India over the next five years.”
A clutch of tech incubators in India are also supporting innovation in agriculture, especially in the rural areas. Case in point is Indigram Labs, a technology-driven business incubator that aims to incubate 100 AgriTech entrepreneurs over the next five years.
- Cropin: SmartRisk is essentially a digital platform for microfinance, banking and non-banking institutions to identify and minimise the risk in lending and insurance business. Currently assists over five million farmers toward farm management, crop cycle monitoring, harvest and brings in produce traceability from farm to fork. SmartFarm also provides holistic farm management, while SmartSales benefits agro-input companies and mWarehouse lays down the norms of food traceability to the last mile.
- SatSure:: The startup has mobile app platforms for delivering information on supply statistics of crops and crop stressing in their region.
- Fasal: Fasal’s microclimate forecasts are tailored to each farm location and are performed at a point scale, not at a kilometer-wide spatial scale
- Aibono: As India’s first smart farming collective, this startup turns around the fortunes of small farmers with the internet, AI, shared services. Pegged as Agri 4.0, the collective provides precision agriculture technologies backed by real-time synchronisation of supply and demand.
- Gobasco: Startup leverages real-time data analytics on data-streams coming from multiple sources across the country and is backed by AI-optimised automated pipelines to improve and increase the efficiency of the agricultural supply chain. The startup’s data-driven online agri-marketplace gives the best prices for both the producers and buyers at their fingertips. Some of its solutions include transaction discovery, procurement optimisation and optimising transportation with real-time data.
- Intello Labs: The two key agri products from Intello Labs are used for crop inspection and agricultural product grading. Both the products read images and give quality parameters based on the input data. The startup leverages emergent technologies — deep learning, AI and IoT to help farmers scale their business effectively.
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