Solidifying farmer revenue with agritech

Solidifying farmer revenue with agritech

Empowering farmers remains agribazaar’s foremost objective. Towards that end, our platform serves as a catalyst for transforming the agri-value chain. Additionally, we wholeheartedly contribute to government initiatives through our participation in promotional events. This week, we talk about our contribution in this area.

It was our privilege to organize the Commodity Finance Conclave and mention it in the spotlight?section.

In The Spotlight

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agribazaar was privileged to organize the Commodity Finance Conclave 2023, which brought together industry experts to engage in productive discussions on Agri-commodity financing. We presented ‘Agribhumi,’ a key feature of our platform, to the esteemed guests. The preceding discussion revolved around ‘Warehouse Receipt Financing’ (WHR) with keynote addresses, panel discussions, and Q&A sessions involving domain knowledge leaders. Industry bigwigs like Dr. B. B. Patnaik, Mr. Pravin Raghvendra, and Mr. Amith Agarwal graced?the?occasion.

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Tech Showcase

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One of the important benefits of Agribhumi is bridging gaps for banks. It uses technology to derive farm data and provides accurate analysis for farm loan assessments, risk management, soil analysis, tracking farm activities, and yield prediction. A comprehensive weightage analysis generates a credit score used by banks for evaluating farm profits. In addition, it allows a hassle-free application, no mortgage, and quick processing of loans.

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Customer Speak

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Farmers are at the center of our innovation. Their support and feedback fuel our energy and gives us the necessary impetus to create supportive services. We consider it our privilege to contribute to their lives through our efforts and initiatives. They continue to keep us committed to our goal of optimizing returns for their harvests. Watch them share their experiences upon using the agribazaar platform.

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Media

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A NASSCOM report suggests that agritech startups are empowering over 150 million Indian farmers to realize their goals. We’re honored to be recognized amongst some of India’s topmost agritech companies. Our vision is to provide frictionless (pre and post) harvest management services to farmers and agri-stakeholders across the country. We’re proud to be among India’s topmost and largest online marketplaces.

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Industry Updates

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Financing can help farmers manage risks involving the weather, pests, crop diseases, and market volatility. Banks and other institutions play a vital role in ensuring agricultural growth. Easy access to credit and investments can lead to food security. In this opinion piece, the writer cleverly critiques the policymakers and at the same time welcomes their initiatives for doubling farmer incomes. The article features eNAM (electronic National Agriculture Market) and its importance in the context of the topic in discussion.

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Making It Count

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

133,000+ geo-tagged farms?on?agribhumi

INR 26 Bn+?successful transactions

Monthly?Active Users?crossed?5000+

Crossed?Rs 50,000 Cr ($6.1 B) GMV?since Inception

Every farmer transaction is?Profitable

FAQs

Q: What are the quality norms for the platform?

A: Any buyer can specify their desired quality norms with rejection thresholds. Within the acceptable quality range, agribazaar has a set of pre-defined deduction rules which will be applied at the time of settlement.

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KRISHNAN N NARAYANAN

Sales Associate at American Airlines

1 年

Great opportunity

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Ramesh K Raju

Information Strategist | Helping Startup Monetization | Pro with Mass Communication BG | AI-Literate | Ready to Drive MSMEs & B2B Growth and Elevate Your Market Visibility

1 年

Great going.

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