Which are the best AgriTech Startups in India?
B2B marketplaces and digital agribusiness platforms are two examples of how agritech businesses are using technology to develop market ties over the Krishi market or Krishi bazaar. In these difficult times, a big portion of the traditional supply chain in a variety of industries suffered a significant setback. B2B marketplaces have seized this opportunity by providing high-quality products at reasonable prices with consistent delivery schedules, as well as the requisite standard credit terms. They are equipped to handle India's agricultural input concerns right now.
Agricultural enterprises may make use of the plethora of connections to locate new clients, prospects, and suppliers, as well as handle the difficulties that farmers confront on a daily basis. Farmers may rely on them for procedures, accurate information, as well as efficiencies for both pre-harvest and post-harvest applications. Furthermore, B2B markets provide a diverse range of options for buying and selling.
Bijak is a B2B agricultural commodities platform that helps merchants, wholesalers, and food processors find counterparties online, acquire better pricing, as well as get the working capital. The firm uses a buyer/seller rating system based on real-time transaction data to transmit responsibility and transparency in the agricultural value chain. The ratings can be used by platform users to identify and trade with trustworthy peers. Its strategy of enabling existing stakeholders in the value chain exemplifies the company's goal of becoming a trusted partner in the agriculture industry. The software is widely used in 1000 locations throughout 29 states and UTs, with over 30000 registered users overseeing transactions in more than 100 commodities.
DeHaat is the largest full-stack agritech business in India. It revolutionises supply-chain and production efficiencies in the farming sector by utilising AI-enabled technologies. DeHaat provides a variety of services to its community of over 800,000 farmers, including the distribution of high-quality agricultural inputs, tailored farm consulting, access to financial services, and market linkages for selling their produce. DeHaat has created a rural retail network of over 3,000 micro-entrepreneurs for last-mile delivery and aggregation, with a total of 700,000 farmers on its platform throughout seven states.
- BookMyCrop (BMC):
It is important for a farmer to get the best possible price for their crop or yield and also it acts as a part of the appreciation for their efforts of growing the crop throughout the year whereas it is also essential for the buyer to get the crop at the most affordable cost. Book My Crop is an advanced online platform that connects buyers to farmers directly without any mediator chain across India. By eliminating the mediator chain and helping potential buyers to find the farmers and dealing with them directly for the purchase of their crop or yield at the most affordable prices.
Buyers can verify their distance from the crop and the farmer they want to contact via the BMC application. This feature enables the buyer to gain an idea of the location, crop availability in terms of quantity, land size, and cultivation data, and make the best purchasing selection. Rather than going to Kisan Mandi, the BMC app will make it easier for potential buyers to approach the farmers directly as well as help farmers look for potential buyers and sell their crop at the best price possible from any location which will also allow farmers to get the price best price for their crop.
- Resha Mandi:
Resha Mandi is India's first and largest B2B marketplace for natural fibre supply chain digitization. From farm to retail, Resha Mandi offers a full-stack digital ecosystem in the form of a mega app. Quality testing, technical advisory, high-quality inputs, and market connections are just a few of the value-added services offered by Resha Mandi. Resha Mandi's supply chain now includes over 35,000 small enterprises, including farmers, small and medium-sized manufacturers, and retailers. Small company incomes have increased by 35-55% as a result of the startup's operations, and the utilisation of indigenous raw silk has increased considerably. They just created their in-house label ReshaWeaves, which offers exclusive and sustainable natural fibre items obtained responsibly.
AgNext Technologies, which was founded in 2016, offers deep-tech enabled solutions for food quality evaluation, monitoring, and management. The business has developed full-stack solutions to address quality-related concerns in the post-harvest agriculture value chain, based on a unique integration of adaptive hardware, integrated software, and data analytics.