Top Agri Tech Startups To Look Out In 2021
2020 the Year of Corona was full of Challenges for the Agriculture Sector and we hope before the year ends the farmers meet their demands with the government.
According to DataLabs by Inc42, the agritech sector recorded a total funding of $244.59 Mn in 2019, an increase of over 350% in the amount of funding in the agritech sector from the previous year. Speaking to Inc42, agritech stakeholders said that while startups have expanded rapidly in the past couple of years, the growth of the sector has been held back by lack of government support, lack of structured data, fewer large investments, poor infrastructure, and policy lag.
Precision technology will definitely in the coming days help agriculture get strengthened in India. Various Start Ups have been formed and we are sure IoT could efficiently increase their incomes by guiding them on better practices. Here we are listing some Agritech Start ups which are helping solve farmer challenges in India and they are planning for a gigantic growth in 2021.The list below is no Ranking in particular, but what the author found interesting.
- DeHaat
DeHaat is one of the fastest-growing start-ups in the Agri Tech sector and one of the very few companies providing end-to-end solutions and services to the farming community in India. Funding via Crunchbase and funding they received US$ 12M. They are building AI-enabled technologies to revolutionize supply chain and production efficiency in the farm sector.
2. CropIn
CropIn is an Earth Observation & AI-led AgTech organization that empowers the farming community to ‘Re-imagine Agriculture with Data’. It focuses on helping the world’s ag-ecosystem players to sustainably “maximize their per-acre value” by combining pixel-level data derived from satellite imagery, in combination with IoT and field intelligence. CropIn is positioned to engage in a multi-disciplinary approach towards AI, Earth Observation, Agriculture, Meteorology, and Computer Sciences, all collaborating together to bring meaningful insight to improve the ag-ecosystem and impact the livelihood of a farmer.
3. AgroStar
AgroStar is leading Indian agriculture towards a more structured and technology-driven ecosystem. The funding they received is USD 27 Million and funding via Crunchbase. Their robust AgTech platform is available to the farmers on call or through the android app and provides a complete range of Agri solutions customized to the farmers’ needs. Farmers get a combination of real-time end-to-end scientific agronomy advice and Agri input products, delivered at the doorstep. With a dedicated mission of “Helping Farmers Win”, AgroStar’s solutions are helping farmers improve their farming practices, reduce cost, and earn better incomes.
4. Ag Next
AgNext is a fast-growing venture-funded company based in India working on the intersection of hardware, software, and analytics for quality estimation in agriculture and food. Ag Next is based out of Chandigarh, Punjab. The Founder is Taranjeet Singh Bamra. They have funding of USD 4.2Million and the Investors are Omnivore Capital and Kalaari Capital, an IDEA –Naarm. AgNext works with work with various agricultural stakeholders who would like to implement data-driven technologies along with agronomic insights.
5. Fasal
Fasal is an end-to-end farming app for horticulture farmers. Fasal is founded by Ananda Varma and Shailendra Tiwari and is based out of Bangalore, Karnataka. The funding FASAL received is USD 1.6 Million. Investors are Omnivore Partners and Wavemaker Partners. Fasal helps the farmer plan, monitor, and analyze all activities on your farm in a very simple and intuitive way.
6. Gramophone
Gramophone is one-stop solution for all kinds of inputs for the farmers. Gramophone was founded by Tauseef Khan, Nishant Vats, Harshit Gupta, and Ashish Singh. They have received a funding of USD 5 Million and works out of Indore, Madhya Pradesh. Their Investors are Info Edge, Raven Sastry, Asha Impact, and Better Capital. Gramophone believes that technology can remove information asymmetry in the agriculture system.
Source: rishijagran.com
