2022 - Booming Year of Agritech

Welcome to the next issue of the agribazaar newsletter!??

2022 was a landmark year in many ways. But most importantly, it was the year when the world (and India) emerged from the shadow of COVID. It was also a year that saw a fast-growing India impacting the world in different ways.

But before we bid goodbye to this year, let’s take a look at some important events that fuelled agribazaar’s growth.

In this newsletter, we are rewinding the clock to relook at some highlights from previous issues of agribazaar’s newsletter. These have been curated considering their long-term impact on agriculture and agritech in general.

In The Spotlight

agribazaar was recognized in various publications, forums, and summits in 2022. Here’s a look at some key moments which were humbling for agribazaar:

• agribazaar signs MoU with Rivulis : agribazaar is always striving to empower farmers with technology that bolsters productivity. The partnership with Rivulis aims to bring micro-irrigation to Indian farms.
• Successful launch of Kisan Safalta Card : agribazaar wrapped up 2022 with the successful launch of the Kisan Safalta Card. It allows quick and easy finance processing for farmers.

Tech Showcase

agribazaar continued to introduce new features that benefit the agricultural community. Here are some of the platform’s key services that were upgraded in 2022:

• Agribhumi : Using satellite imagery and machine learning, forecasting crop yields improved multifold
• E-Mandi : Bringing “Mandi” to the farmers rather than the other way around
• Agri Finance : ‘Micro-financing’ made accessible to the farming community through seamless integration of products with leading NBFCs & Banks

Customer Speak

Our customers are at the center of our overall vision. We thank them for being an integral part of?our?identity.

Media

Some of the significant events from around the world that impacted the farming community in one way or the other:

• How agribazaar is changing the agricultural landscape : This article tells the story of agribazaar’s journey to become one of India’s favored innovators.
• How India has the opportunity to become the food bowl of the world : India is sitting on the cusp of becoming the preferred food supplier to the world. Read all about the existing opportunities and the road ahead.
• How drones are helping agriculture : The advent of drones has been a boon for the farming community. This article explains the many uses of drones in farm management.

Industry Updates

Some important changes were rolled out by government agencies of different countries. Agritech was mentioned in several of the world’s biggest discussions. Let’s take a look at some that made a big impact:

• What the budget 2022-23 meant for agriculture : The budget may have provided essential momentum to the agricultural sector. A boost to oilseeds production and technology support were key positives.
• The World Economic Forum : India featured extensively in most of the discussions revolving around agriculture. The right direction will allow us to become the food bowl of the world.?
• The World’s biggest grain storage : The Indian government is already planning for the world’s largest grain storage program. This is a great step in the right direction.

Making It Count

Trust the choice of lakhs of farmers and traders, and handle your trades with our easy and convenient platform?agribazaar.com ?

3.65 Lac+?Farmers

Crossed?Rs?46,000 Cr ($5.7 Billion)?GMV?since Inception

Every farmer transaction is?Profitable

7.2 Thousand+?App installations

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