Top 10 Agritech Startups in India in 2023
The Indian agricultural sector is currently worth USD 370 billion, accounting for 20% of the country's GDP. Agricultural exports totaled 284000 crores in the fiscal year 2019-20. Farmers' technological awareness is growing, thanks to increased internet penetration and mobile connectivity. One of the primary drivers of the agritech sectors is internet connectivity. By establishing incubators, awarding grants, and emphasizing public-private partnerships, the government has played a significant role in sector development.
But apart from that, many citizens aligned their ideas and turned them into a business platform to help the agrarian sector. Here is the list of the top 10 agritech startups in India.
It connects buyers and sellers without the use of a middleman. As a result, the margins are nullified, allowing for more cost-effective Agri land purchases. The company provides full-stack agricultural land registration services for both pre- and post-agricultural land registration. Land surveys and RSR/Revenue document verification are among the services offered to buyers and farmers. To ensure a quality user experience, Sfarms India has worked with licenced surveyors, document writers, legal experts, and international farm management solution companies.
KhetiGaadi's online platform connects over 50,000 farmers. The website includes a feature that allows you to select your preferred language from a list of ten. As an agri-ecommerce marketplace, it connects farmers, tractor manufacturers, contractors, dealers, brokers, service stations, and agricultural experts. This agritech startup has made it easier for Indian farmers and other agricultural professionals to buy, sell, and rent farm machinery.
Farm2Fam's mission is to raise public awareness about the human body's ability to heal itself through natural nutrition. Their working strategy is to grow niche nutritional products by combining technology with traditional Indian agricultural methods. This start-up now has partnerships with well-known brands such as Pizza Express, Bay Route, and White Charcoal, and it serves over 300 customers per month. Customers who are willing to pay a premium have their special requests met. Farm2Fam's mission is to raise public awareness about the human body's ability to heal itself through natural nutrition. Their working strategy is to grow niche nutritional products by combining technology with traditional Indian agricultural methods.
FreshoKartz is a Jaipur-based company that offers soil advisory services and farm-fresh produce via an online platform. FreshoKartz serves as an online marketplace for farmers looking to purchase pesticides, seeds, fertilisers, and other farm supplies. A Bamasaha techno fund worth INR 20 lakhs and a marketing fund worth INR 10 lakhs have been awarded to the company. Its website features over 10,000 different product categories. It has direct market access, and the farmer receives immediate payment for their produce. This Agritech Startup's transparency in weighing and immediate payment facility give it a distinct identity. Along with this, it provides farmers with financing during the harvesting season.
MeraKisan is a Pune-based company that assists farmers in selling their farm products directly to consumers. It does so through an online platform. Its mission is to support small, sustainable farmers and increase access to good, local food. Merakisan believes in the concept of sustainable food, as do their farmers and makers, who are also collaborators. It has a close relationship with its collaborators. Every packed box bears the imprint of the person who grew or made it.
Stellapps is an agritech startup that has successfully digitalized the dairy supply chain. It is an Internet of Things (IoT) startup based in Bangalore that focuses on data acquisition and machine learning. Stellapps' SmartMooTM helps dairy farmers and cooperatives maximise profits without putting in too much effort. The SmartMooTM platform (Full Stack IoT solution) is used to digitalize and optimise milk production, procurement, and coldchain management. Currently, the SmartMooTM platform and suite of apps supply two billion litres of milk per year. Data collection and analysis for cattle insurance. To collect data, it uses sensors embedded in milking systems, animal wearables, and milk chilling equipment, as well as cattle management, dairy farm organisation, and logistics management.
Ninjacart, based in Bangalore, is the world's largest fresh produce supply chain. It connects over 2,000 farmers with 800 retailers and restaurants in Bengaluru on a daily basis, selling over 80 vegetables and fruits to over 800 customers. According to the company, it contributed to a 4% reduction in supply chain waste. Ninjacart has a supply chain that can move 1400 tonnes of perishables from farms to businesses in less than 12 hours every day. As a result, this end-to-end supply has been a boon to farmers, providing them with good profits for their produce.
Skylark Drones was founded in response to the need to use disruptive technologies such as drones to help transform the way roads and highways are planned, our food is produced and farmers are cared for, minerals and metals are mined, and pipelines transporting valuable resources are monitored. They integrate drone solutions into scalable real-world applications that benefit businesses and the community as a whole, while also increasing productivity, lowering costs, and saving lives.
Crofarm is an agricultural startup founded in May 2016 by Prashant Jain and Varun Khurana. It is an F2B (Farm to Business) venture. Its network includes over 10,000 farmers, and it has collaborated with Reliance Retail, Big Basket, Grofers, Big Bazar, Jubilant Foodworks, and Metro Foods. Crofarm earns money through commission. Starting at nearly 5% of the price for less perishables like onions and potatoes, around 15% for green vegetables, and 20-25% for fruits and exotics.
Aarav Unmanned Systems
Aarav Unmanned Systems is a drone company that creates unmanned aerial vehicles. It was created by a team of designers, developers, artists, and engineers from IIT Kanpur, IIT Bombay, IISC Bangalore, and IIST. They want to shape the future of drones and their enterprise applications. Drones from the company offer high-value engineering solutions to businesses in geographic information system surveying/mapping, industrial inspection, and precision agriculture. As a result, it has the potential to make precision agriculture scalable in a country that is far behind in adopting this type of technology.