The media report by FNB in 2020 states that there are around 500-700 Agri-Tech startups in India and by FY-2025 it is predicted to increase by 32 percent in terms of revenue. New players offering end-to-end solutions together with Agricultural advancement are expected to enter the market in the coming time. Here, I have the top 5 Agri-Tech startups that one should look out for in 2021:
1. CropIn: founded by Krishna Kumar in 2010 and headquartered in Bangalore, CropIn connects the agriculture segment in India with AI-based technology to provide future-ready farming solutions and tools that bring efficiency, dependability, and consistency. It enabled the farmers to re-imagine farming with data. CorpIn has empowered around 13 million acres of agricultural lands by digitalization, gathered data on around 400 crops and 10000 crop types, and helped improve the life of 4 million farmers in India. It now operates in 12 countries and also is investing to expand its reach in various other parts of the world.
2. Stellapps: it is a startup that’s the first of its kind in India, founded in 2011 by the association of technologists and IITians with a great amount of experience and industry background. IITians including IIT Kharagpur, IIT Madras, IIT Ahmedabad were part of this organization. Stellapps work on dairy management software solutions with the help of technology to enhance the flow of the dairy supply chain. The company works with big data, data analytics, and IoT to improve Agri supply chain parameters such as milk procurement, cold chain animal insurance, milk production, and farmer payments which allows dairy farmers and cooperatives to increase profit at the same time minimize effort.
3. WayCool: India is the second-largest exporter of vegetables in the world and this firm specializes in the allocation of fresh products, huge retail boutiques, and covering local stores. Its main aim is to fix the disorganized export and delivery of perishable goods which it is trying to achieve by providing small dealers a better possibility to set up their deliveries. This startup has already helped 20000 farmers most of them are small farmers with less than 1 hectare of land.
4. BharatAgri: it was founded in 2017 by Siddharth Dialani and Sai Gole. BharatAgri works intending to close the gap between technology and agriculture in India by directly engaging with the farmers and is trying to reach as many farmers as possible. Empower every farmer by digitalization, to help them grow more nut efficiently by using scientific approaches and providing vital information at the right time is the purpose of this organization.
5. Fasal: founded in 2018 and based in Bangalore, Fasal observed that farmers are concerned throughout the process of yielding every day, hour, and minute the crop stood in their fields. According to them, data-driven farming was the only solution to this problem. They started with only 4 team members and now are making a difference in Indian agriculture. It is an AI-powered horticulture farming app that helps make plans, monitor, and analyze all operations on the farm. Irrigation, fertilizing, planting, spraying, crop sale, and many other processes of farming can be controlled with just a single click.