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Animal Health, Company News, India, Live Stock, World

The herbs or plants used in each of the animal products are extracted by a Bioved US patented method and standardised and validated by modern biotechnology processes.

Bioved Pharmaceuticals has announced the launch of its scientifically validated Natural Animal Health products from the science of Ayurveda. Bioved is a Discovery Platform for safe and effective plant-based nutraceuticals, dietary supplements and OTC products for human health, that have undergone extensive pre-clinical and clinical testing for difficult-to-treat disorders. Its products are sold in several countries of the world over 3 continents. Bioved now brings that knowledge and experience to the animal kingdom, under the science of Shwan (Dog) Ayurved. 

“We are very excited about this new phase in our company.  This is truly the humanisation of pets. We take technology and products that have been clinically tested on human beings and have all the underlying safety and efficacy studies. We have developed a line of products in natural and tasty chews for dogs initially. The line includes Anitrex for bone and joint health, Anilean for weight management, Ammunex for boosting immunity and Anilive for liver health. Each of these has a multitude of studies and peer-reviewed scientific publications for use in humans. The animal kingdom will now benefit from this going forward. We also have stability and palatability studies with the animal chews. As with our human products, each batch is tested to be free from residual solvents, pesticides, bacterial contamination and heavy metals. We maintain the highest standards of manufacturing in the US, and will be extending the line to other companion and large animals” said Dr Deben Dey, Chief Scientific Officer of Bioved. 

The herbs or plants used in each of the animal products are extracted by a Bioved US patented method and standardised and validated by modern biotechnology processes. “We are launching these products at the Western Veterinary Conference February 19th – 22nd, 2023 in Las Vegas,” said Dr Deepa Chitre, the Chief Executive Officer of Bioved.

The herbs or plants used in each

AgroPolicy, Foodgrains, India, Supply Chain, Sustainability, Transportation

The scheme focuses on transporting perishable food products from the hilly and tribal areas and the Northeast.

The government is planning to bring 21 more airports under the Krishi Udan scheme. Jyotiraditya Scindia Union Minister for Civil Aviation has said in a press conference at Indore Madhya Pradesh.  

Scindia said Krishi Udan has been a huge success in the country and it has helped transport lemons, jackfruits and grapes grown in north-eastern states not only to different places in India but also abroad. The scheme focuses on transporting perishable food products from the hilly and tribal areas and the Northeast. The Minister also said the government has set a target to make India a global hub for drones by 2030.

Scindia informed that the government has done away with many cumbersome rules in the New Drone Policy announced in August 2021 and ease of business, ease of regulation and ease of registration have been brought in the New Policy.

The scheme focuses on transporting perishable food

Agro chems – Chemicals, Agro chems – Fertilizers, Company News, India, Inputs

The company is setting up a greenfield facility in Andhra Pradesh and plans to launch the product in 2023.

 As a leading Indian agri solutions provider, Coromandel International Limited continues to make concerted efforts in driving agricultural productivity through promoting integrated farm management approach. In a major boost to drive the sustainable practices in agriculture, the Company has successfully developed a nano technology-based fertiliser, Nano DAP from its R&D centre based at IIT Bombay.

Coromandel has been conducting extensive field studies on product efficacy, biosafety and toxicity for Nano DAP in different agro-climatic zones with leading agricultural universities and the trial results have been encouraging. The Company’s application with the Government of India for commercial release of Nano DAP is in the advanced stage of approval.

Coromandel will be amongst the pioneers in developing nano technology-based solutions and has filed a patent for the product. The company is setting up a greenfield facility in Andhra Pradesh and plans to launch the product in 2023.

Speaking on the occasion, Coromandel’s Executive Vice Chairman Arun Alagappan commented “Coromandel is promoting new technologies for enhancing the resource use efficiency of its agri solutions. Nano DAP will go a long way in driving sustainability of Indian farms through improving nutrient uptake, lowering water consumption and minimizing environmental losses.

This is in line with the Government’s thrust on improving farm yields through leveraging emerging technology solutions in agriculture. The usage of Nano DAP will make the farm economics more attractive and can drive sustainable usage and site-specific nutrient applications. The Company has also recently invested in a drone start-up Dhaksha Unmanned Systems, which provides it a strong delivery platform to promote the application of Nano fertilisers through the drones.

I would like to thank the Government for its continuous guidance, extending policy and regulatory support and providing the requisite impetus for adoption of new technologies in farming. I am optimistic that the usage of Nano fertilisers will support the Atma Nirbhar Bharat vision and can drive the next wave of Green Revolution in the country.”

The company is setting up a greenfield

Agrotech, Company News, India, IT, Start ups

It aims to connect all dots spanning from Farm to Table in the agricultural spectrum for providing farmer centric solutions using Space Tech Analytics and Artificial Intelligence

Leads Connect Services, the premier Agritech data, risk management, and financial services company, introduced the game-changing Agrani platform at the Uttar Pradesh Global Investors Summit 2023 (UPGIS).

Agrani is an end-to-end SaaS based platform developed for all stakeholders of Agriculture and Disaster Management. It aims to connect all dots spanning from Farm to Table in the agricultural spectrum for providing farmer centric solutions using Space Tech Analytics and Artificial Intelligence.

UPGIS was a singular opportunity to launch the app. It created the perfect storm by bringing together global corporate leaders, policymakers, think tanks, and political and government leadership to raise awareness and generate more reach for the technology.

“Agrani is not just a simple market linkage app; it’s a game changer for the agriculture industry,” stresses Navneet Ravikar, Chairman & Managing Director of Leads Connect Services. “We’re proud to be launching it at UPGIS. Land, water, and soil health are witnessing stressed scenarios due to phenomenal urbanization and other allied activities. This may create a scenario of uncertainties in the context of productivity and economic stability. Therefore, appropriate interventions are required. Through AGRANI, we’re aiming to provide stage wise agronomy advisories such as impact of weather, biophysical, and crop management practises on yield productivity. We have also assessed the need for financing and crop insurance to help strengthen the ecosystem. This requires robust and transparent underwriting algorithms and medium. We’ve created agricultural credit and value chain scores for seamless, and efficient farm lending with electronic applications, disbursal of loans, insurance pay-outs linked to weather, field data all this aimed to benefit transfers in agriculture and help farmers struggling to get timely access to finance.

We have also enabled an omni-channel insurance platform, to provide seamless access to all relevant insurance products – health, crop, cattle, life, and motor. The platform will also deliver continuous post-sale service assistance, including claims management.

The adoption of diverse technologies can aid in the advancement of food processing and logistics. We are also establishing the right market linkages between farmers and buyers to create better transparency in pricing and better value, especially for perishable products.

By bridging the gap between farmers and customers, the platform helps to expand the food product distribution network for farmers and other stakeholders in domestic markets.

Similarly, Mandis and FPOs need digitisation to bring more transparency into transactions and farmers need more sales channels. Through our AGRANI Value Chain Platform, we aim to provide timely access to finance for FPOs/Agribusinesses for community infrastructure in terms of storage and transportation. We also have walk in Agrani Centres that would act as the physical outlets for all platform services to the stakeholders.”

It aims to connect all dots spanning

Agro Universities, Agrotech, Environment, Foodgrains, R&D, Sustainability

ACB and IRRI are exploring conducting joint seminars between and among their experts and scientists to discuss and identify joint activities in the areas of rice landscapes and biodiversity

IRRI’s Director Jean Balié and Deputy Director General for Strategy, Engagement and Impact, Joanna Kane-Potaka recently met with ASEAN Centre for Biodiversity (ACB) Executive Director Dr Theresa Mundita S. Lim to lay the groundwork for more active partnerships with the promotion of agrobiodiversity in the region.

Most recently, ACB has contributed significantly to two CGIAR-IRRI Innovate for Food Program intervention packages that are focused on enhancing ASEAN agrobiodiversity use and landscape biodiversity as well as climate neutrality and circular agriculture.

Agriculture, fisheries, and forests agrobiodiversity, including the genetic diversity, of animals, plants, and microorganisms used directly or indirectly for food and agriculture is critical to nutrition security, ecosystem service provision, and the resilience of agroecosystems. Yet, the ASEAN region continues to lose agrobiodiversity and associated traditional knowledge at an alarming rate.

“Indeed, there is poor understanding at all levels of society of what agrobiodiversity actually is and its critical role in initiatives that promote food security and nutrition, nature-positive solutions, sustainable and circular agriculture, reduction of agrochemicals use, and carbon neutrality. We acknowledge and value the knowledge and critical roles organizations like ACB have toward addressing this issue,” Balié said.

To this end, ACB and IRRI are exploring conducting joint seminars between and among their experts and scientists to discuss and identify joint activities in the areas of rice landscapes and biodiversity.

Beyond the regional program and cooperation between the two institutions, the meeting was also intended to explore ways to increase synergies with the Southeast Asian Regional Centre for Graduate Study and Research in Agriculture (SEARCA) and the University of the Philippines – Los Baños. ACB also expressed openness to co-chair a scientific session with IRRI on agrobiodiversity in rice landscapes in the upcoming 6th International Rice Congress happening in Manila, Philippines on 16-19 October.

“It is so important we do not work only in our expert silos. We talked about solutions that are a win for biodiversity and a win for agriculture, specifically, rice systems. There are often trade-offs but this is the role of science and our own commitment to ensure we find a win-win,” Kane-Potaka said.

ACB and IRRI are exploring conducting joint

Agro chems – Chemicals, Company News, India, Inputs

All newly launched products are highly effective and affordable crop solutions and are a boon for agriculture sector.

Expanding its agri-chemical line-up, Best Agrolife Ltd. (BAL), India’s leading agrochemical manufacturer, launched six new formulations – Amito, Promos, Propique, Ghotu, Doddy, and Headshot along with their star products Citigen and Vistara.

More than 200 distributors from Uttar Pradesh, Haryana, Punjab and Himachal Pradesh participated in the event held in Greater Noida, Uttar Pradesh. BAL also utilised the occasion to create awareness about the benefits of its line-up and informed the audience how the company is efficiently transforming India’s agricultural sector. The participants expressed their keen interest in the products.

“It is indeed a milestone for us. Best Agrolife firmly believes in our Prime Minister’s ‘Make in India’ vision and is actively taking it further to improve agricultural yield and farmers’ economic conditions. We believe we can only grow when we share our advancements with all the people associated with our industry. All our newly launched products are highly effective and affordable crop solutions and are a boon for our agriculture sector. Other than enhancing the productivity in the fields, they will also provide the distributors and dealers with a marketing edge,” said Vimal Alawadhi, Managing Director, Best Agrolife Ltd. 

All newly launched products are highly effective

Agrotech, Company News, Environment, Middle East countries, Sustainability

AeroFarms AgX plays a key role in Abu Dhabi’s AgTech ecosystem by working with local companies and universities on research projects to tackle problems of agriculture within the desert and arid climates.

AeroFarms, a Certified B Corporation and world leader in indoor vertical farming, officially unveiled AeroFarms AgX, its newest cutting-edge indoor vertical farm, focused on bringing innovative Research and Development (R&D) to the UAE and the Middle East. AeroFarms AgX is advancing sustainable controlled environment agriculture (CEA) and indoor vertical farming to help address the broader global agriculture supply chain challenge.

The world’s premier, state-of-the-art R&D indoor vertical farm is focused on the latest developments for indoor vertical farming, innovation, and AgTech. The facility is supported by the Abu Dhabi Investment Office (ADIO) as part of its goal to create sustainable investment opportunities to further next-generation agriculture in arid and desert environments.

At 65,000 square feet, AeroFarms AgX is the largest indoor vertical farm of its kind for research and development in the world, leading the way in breakthrough innovations to solve some of the world’s most pressing agriculture challenges. AeroFarms AgX has already made several key hires locally and will employ over 60 highly skilled engineers, horticulturists, and scientists for its high-tech laboratories conducting organoleptic research and precision phenotyping, phytochemical analysis, as well as research on next-generation machine vision, machine learning, robotics, and automation. AeroFarms AgX plays a key role in Abu Dhabi’s AgTech ecosystem by working with local companies and universities on research projects to tackle problems of agriculture within the desert and arid climates.

The Ribbon Cutting and Grand Opening began with a keynote address by Mariam bint Mohammed Saeed Hareb Almheiri, UAE Minister of Climate Change and Environment, included a Collaboration Agreement signing with Silal, and concluded with an inaugural First Bite of greens, led by David Rosenberg, Co-Founder and CEO of AeroFarms, and a tour of the leading R+D projects happening at AeroFarms AgX.

“AeroFarms has been expanding globally for both our commercial and R&D indoor vertical farms, leveraging our growing expertise and proprietary technology platform that can help solve a broader array of agricultural challenges,” commented David Rosenberg, Co-Founder and CEO of AeroFarms. “Our ongoing partnership with ADIO reflects our bigger commitment to help transform agriculture, accelerate innovating cycles, and commercialise new products for the region and the world.”

Abdulla Abdul Aziz AlShamsi, Acting Director General of ADIO, said: “Abu Dhabi has made it a priority to advance technological solutions that further economic progress for the region and beyond, and AgTech falls perfectly into this category. ADIO’s mission is to help innovative companies like AeroFarms start, scale, and succeed in Abu Dhabi by providing access to the emirate’s innovation ecosystem and infrastructure. We’re excited for AeroFarms to start the next phase of its journey and contribute to solving global agriculture challenges from its advanced facility in the UAE capital.”

AeroFarms AgX plays a key role in

Agrotech, Company News, India, People, Start ups

Gramik offers a wide range of high-quality inputs, complete crop guidance, personalised advice, and market connections to farmers.

Gramik, the country’s first peer agri-commerce platform, was recently recognised by the government of Uttar Pradesh among the top 10 start-ups in the province, dedicated to making a difference in the agricultural sector, during a recently held Global Investors Summit 2023 in Lucknow. 

The three-day event kicked off by Prime Minister Narendra Modi aimed to fortify Uttar Pradesh as an attractive investment destination amongst stakeholders.

The summit proved to be a great platform for start-ups to present their vision and growth stories to several renowned investors and government officials. Gramik, as one of the major players in the agri-space, received appreciation and support from both investors and government officials for its promising revenue model and growth prospects. 

Speaking about the achievement, Raj Yadav, the Founder of Gramik, said, “This kind of recognition has motivated us to achieve even higher goals. This is a testament to the hard work and dedication the entire Gramik team has put in for years. And we look forward to continuing to positively impact the industry.”  

Gramik’s objectives and solutions are in-line with the state government’s agriculture-related plans, making it a suitable choice for recognition. Gramik offers a wide range of high-quality inputs, complete crop guidance, personalised advice, and market connections to farmers throughout India.  

Earlier known as AgriJunction, Gramik has recently rebranded itself due to the organisation’s core goal of empowering and transforming rural communities by providing access to quality farm inputs, expert knowledge, technological advancements, and livelihood and business skills for farmers, women, and rural youth.  

Gramik offers a wide range of high-quality

Agrotech, Company News, India, Inputs, Supply Chain

WayCool’s farmer engagement platform, Outgrow will be an added asset to Zuari, the latter’s in-depth expertise will further strengthen WayCool’s agri-input portfolio.

Zuari Farm Hub, one of India’s leading agri players has announced a strategic collaboration with WayCool, India’s leading food and agritech platform. The collaboration aims at creating value for farmers and stakeholders by providing agri-solutions for all farm needs, such as quality crop nutrition, crop protection, sustainable impact to farmers and developing a unique package of practices to drive traditional farming methods towards scientific farming technologies. This partnership will also look at leveraging the synergies and expertise that both companies bring to the table. While WayCool’s AI-driven ‘phygital’ farmer engagement platform, Outgrow will be an added asset to Zuari, the latter’s in-depth expertise will further strengthen WayCool’s agri-input portfolio.

Commenting on the partnership, Madan Pandey, MD, Zuari Farm Hub said, “We aim to create value for farmers and stakeholders by providing integrated agri solutions to all farm needs and with our motto, we have successfully tapped a network of 20 lakh farmers through our retail stores – Jai Kisaan Junction across 500 locations in the states of Goa, Maharashtra, Andhra Pradesh, Karnataka, Chhattisgarh and Odisha. The partnership with Waycool  will call for superior crop protection, access to micronutrients, soil conditioners, crop care products and many others backed by the power of technology, leading to making agriculture sustainable and profitable for farmers. Zuari FarmHub is particularly excited to collaborate in the area of Deep Tech of Waycool where solutions could be made affordable to farmers thereby achieving huge scale through greater levels of adoption. The IoT, AI Crop Health and assaying product iGrade could be unique to farmers for improving his income and productivity.”

Commenting on the occasion, Sanjay Dasari, Co-founder, WayCool Foods, said, “With Agriculture being the pillar of the Indian Economy, and the nation moving towards intensive agriculture, the agri-needs of the country are also on the rise. The Indian Agriculture landscape has witnessed multifold growth in the past two years while becoming consumption-driven and gradually adopting scientific farming techniques. WayCool aims to address the growing agri needs of the country, while also helping farmers make profits. With this background, we are immensely pleased with our association with Zuari Farm Hub and we are confident that this collaboration will serve fruitful to the farmers, besides adding value to our efforts to transform the food value chain.

Adding to this, N Sendhil Kumar, Head – Outgrow & Farmer Engagement, WayCool Foods, said, “With this MoU, Zuari Farm Hub’s products will be made available to farmers, while their soil test services will have expanded footprints through the efforts of our Certified Outgrow Crop Advisors (COCA)s, Outgrow Network Partners (ONPs) and digital campaigns of Outgrow. Besides this, our farmer network will also get the opportunity to access a unique Package of Practices to various crops”.

WayCool's farmer engagement platform, Outgrow will be

AgroPolicy, Agrotech, India

Discussions were held on agriculture marketing information systems, crop monitors, innovation systems, crop breeding, risk management, etc.

Indore hosted the first Agriculture Deputies Meeting (ADM) of Agriculture Working Group (AWG) under India’s G20 Presidency. The first ADM, a three-day event, was held at Indore during 13-15 February 2023. Around a hundred delegates from G20 member countries, guest countries and International Organizations have participated in the meeting.

The G20agri2023 delegates came together for ‘Stock taking of G20 initiatives in agriculture’. Discussions held on agriculture marketing information systems, crop monitors, innovation systems, crop breeding, risk management and reduction of food loss and waste.

Chief Minister of Madhya Pradesh, Shivraj Singh Chouhan inaugurated the exhibition on the first day of the three-day meeting. Millets and its value-added food products along with stalls from Animal Husbandry and Fisheries will be a major attraction of this exhibition.

During the first ADM of Agriculture Working Group, two side events have been scheduled on Day One to deliberate on agriculture related matters. Day Two witnessed the esteemed presence of the Union Civil Aviation Minister Jyotiraditya Scindia following which there was general discussion among the participating members and International Organizations.

Day Three was dedicated to the deliberations on the key deliverables of the AWG. It was technical session with round about discussions and participation from all concerned members and international organizations. 

Discussions were held on agriculture marketing information

Agro chems – Chemicals, Company News, Europe, People

Bill Anderson, a chemical engineer by education, has served in various leadership positions in the life science industry over the past 25 years.

 The Supervisory Board of Bayer AG has appointed Bill Anderson to become CEO of Bayer, effective June 1, 2023. He will join Bayer as a member of the Board of Management on April 1, 2023. Bill Anderson was elected unanimously after a thorough selection process which began mid last year. Werner Baumann (60), current CEO of Bayer, will work closely with him on a smooth transition before retiring from Bayer after 35 years of service at the end of May 2023.

Bill Anderson (56), a chemical engineer by education, has served in various leadership positions in the life science industry over the past 25 years. Bill Anderson holds a Bachelor of Science in Chemical Engineering from the University of Texas, and Master of Science degrees in Chemical Engineering and Management from the Massachusetts Institute of Technology (MIT).

Most recently, he served as CEO of Roche’s Pharmaceuticals Division, where he successfully led a comprehensive transformation program which resulted in many successful new product launches, significant revenue growth, and greater productivity across the organization. Before this role, Anderson was CEO of Genentech, one of the pioneering companies in the biotech field.

Previously, Bill Anderson held several senior leadership positions in general management, product development, and finance at Biogen, another innovation leader in the biotech sphere, and Raychem, an American technology and electronics company. During his time at Biogen, Genentech, and Roche, Anderson was involved in the development and launch of 25 new medicines, including 15 blockbusters. In addition to his native country, the United States, Bill Anderson has lived and worked in several European countries with postings in the United Kingdom, the Netherlands, Belgium, and Switzerland. In his new role, he will be based in Leverkusen, Germany.

“We are very excited to welcome Bill Anderson as new CEO of Bayer. He is the ideal candidate to lead Bayer together with the team into a new, successful chapter at a time of a disruptive innovation cycle in biology, chemistry, and artificial intelligence. Bill has an outstanding track record of building strong product pipelines and turning biotech breakthroughs into products. Beyond that, he is a truly transformational leader who creates a culture that propels innovation, boosts productivity and performance, and allows people to thrive,” said Prof. Dr Norbert Winkeljohann, Chairman of the Supervisory Board of Bayer AG.

The new CEO-elect, Bill Anderson, said: “Bayer is an innovative company that is already delivering tremendous benefits for the nutrition, health, and environmental protection of the world. Its leading R&D investments in agriculture, medicines and consumer health hold the promise for additional breakthroughs. I look forward to working with the people of Bayer to accelerate innovation, increase performance, advance sustainability, and unleash the full potential of the company.”

Bill Anderson, a chemical engineer by education,

AgroPolicy, Finance, Goat farming, India, Live Stock

The project is aimed at creating 6000 jobs besides setting up 122 enterprises in the meat sector.

In order to reduce meat imports in Jammu and Kashmir, the government has approved an ambitious Rs 329 crore project for the next five years to achieve self-reliance in the meat sector. The project aims to create 6000 jobs besides setting up 122 enterprises in the meat sector in the region.

The project includes the import of meat breeds, which will lead to the establishment of 72 breed-based farms to provide high genetic merit to animals. Additionally, the project aims to conduct 100000 Artificial Insemination (AIs) annually and establish 400 new commercial farms every year. The project also focuses on the creation of clusters, mandis, abattoirs and common facilitcentresrs (CFCs), to support marketing and value addition of the sector.

Under the project, 50 Farmer Producer Organisations (FPO) and Self Help Groups will be linked to 10 new abattoirs and in-built value chains integrated with 10 sheep mandis and 50 CFCs. Meat is an essential part of a shortfall of 41 per cent leading to an import bill of ₹1400 crore every year. Meat production is not only of insufficient quantity but also lacks quality. The state has less than five breeds of sheep with the majority being dual-purpose breeds such as Kashmir Merino, Rambouillet, and Corriedale. However, there is increasing demand for fast-growing meat breeds like Dorper, Romnov, South Down and others.

The project is aimed at creating 6000

Agrotech, Company News, Finance, India, Start ups

The fund expects to invest in 12 startups and has already secured commitments from leading investors such as IndusInd Bank

Caspian Equity, a Hyderabad-based venture capital fund that invests in social impact startups has launched a new equity fund LEAF (Leap for Agriculture Fund) with a focus on early-stage Food & Agribusiness startups. LEAF intends to achieve positive social and environmental impact through its investments besides aiming to attain attractive financial returns by laying emphasis on closely working with the portfolio companies to provide the required support.
 
“Caspian LEAF will focus on high-impact, close-to-farmer solutions that benefit small and marginal farmers. Some of the spaces we are looking at are efficiency in input use, reduction in drudgery, labour-saving farm machinery, close-to-farm processing and traceability solutions. We hope to be more than just investors, and help build robust and sustainable businesses that become market leaders in the spaces they operate in,” said Emmanuel Murray, Investment Director at Caspian Equity and Fund Manager of Caspian LEAF Fund.
 
The fund, which has a size of Rs 52 crore, will invest in pre-series A startups with ticket sizes ranging from Rs 1-5 crore. The fund expects to invest in 12 startups and has already secured commitments from leading investors such as IndusInd Bank.  
  
The fund aims to combine access to equity in the critical years of transaction and scaling up of start-up operations with close operational support and oversight on governance structures. The Fund intends to contribute significantly to improving the value chain of Agriculture majorly in the upstream segment which will address pain points across different elements of the agri value chain.

The fund expects to invest in 12

Company News, Foodgrains, India, Supply Chain, Warehousing

Company aims at connecting farmers directly with end users i.e., processors/exporters by creating Direct Procurement Centers.

National Bulk Handling Corporation (NBHC), a leading Agritech company offering top-notch integrated services in post-harvest agri-ecosystem, announced the launch of three Direct Procurement Centres (DPC’s) at Bundi (Rajasthan) and Sasaram (Bihar) for Paddy and Chhindwara (Madhya Pradesh) for Maize.

NBHC commenced Direct Farmer Procurement in last kharif season with the objective of connecting farmers directly with end users i.e., processors/exporters by creating these DPCs as pilot projects and has successfully procured from 700+ Farmers.  In Chhindwara location in MP, NBHC has partnered with Krish-e, the farming as a service vertical of the Mahindra Group for enabling the procurement of Maize directly from farmers.  The company has achieved a milestone of having procured over 38,000 quintals of Rs 103 million of Gross Merchandise Value (GMV) in 3 commodities namely Paddy (Basmati), Paddy (Sonam & Katarni) and Maize.

In 2021, NBHC expanded its services through ‘Krishi Setu’, an e-Market platform for providing end-to-end digitized services in the post-harvest agri value chain ecosystem.  Krishi Setu is committed to providing access to the largest network of agri-commodity sellers, buyers, and lenders across the country.  In the FY 2022-23, NBHC has transacted 1 million quintals valued at Rs. 2,650 million of GMV.

Commenting on this milestone achievement, Deepak Kumar Singh, SVP & Business Head – Agri Commerz, NBHC said, “The changing agriculture policies paradigm is creating newer opportunities to serve farmers.  As a trusted partner, it is our endeavor to positively impact farmers’ income by maintaining transparency in weighment, quality assaying, enabling market linkages and financing options in our newly created DPCs in Bihar, Rajasthan, and Madhya Pradesh.  We have also introduced the concept of “Kisan Saathi”, our local support system in these designated DPCs for providing logistics support to farmers for bringing in their produce at the DPCs. With an aim to promote village-level entrepreneurs as Kisan Saathis, we are proudly engaged with a total of 50+ Kisan Saathis at these DPCs and wish to further augment the entrepreneurship ecosystem.

We are delighted to share that our DPCs have received an amazing response from farmers, which demonstrates our commitment to empowering farmers by opening a gateway to lucrative deals and addressing their unmet needs.  This represents a significant milestone for NBHC as we continue to grow and further our expansion plan of creating around 100 DPCs in the FY 2023-24.  The combined power of our geographic spread, SOP-driven robust operations, and easy access through Krishi Setu promises to make NBHC an Agritech Powerhouse in the near future”.

Company aims at connecting farmers directly with