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HomePosts Tagged "Anand Chandra"
Agribusiness, Company News, India, Soil Health, Start ups, Sustainability

The 200 Smart FPOs initiative will focus on FPOs across Bihar, Jharkhand, Gujarat, Assam, Madhya Pradesh, Maharashtra, and Karnataka.

At the Rith Summit 2.0, Arya.ag, India’s largest integrated grain commerce platform, announced an initiative to transform 200 Farmer Producer Organisations (FPOs) into Smart Institutions. The initiative, launched in collaboration with key partners, aims to empower FPOs by leveraging technology and fostering collaborations to improve efficiency, promote sustainable farming practices, and build climate-resilient value chains.

Prasanna Rao, CEO & Co-Founder of Arya.ag, stated the importance of this initiative in driving the evolution of FPOs. “We believe FPCs can evolve into Smart Institutions, which leverage technology to improve efficiency in input sales and output procurement and offer a diverse range of services. Smart FPCs will also play a crucial role in building climate-resilient value chains by promoting sustainable farming practices and through corporate collaborations to support sustainable sourcing of produce,” Prasanna explained.

The 200 Smart FPOs initiative will focus on FPOs across Bihar, Jharkhand, Gujarat, Assam, Madhya Pradesh, Maharashtra, and Karnataka. Arya.ag will work closely with these FPOs to provide them with access to technologies, training, and support to enhance their capabilities and drive sustainable growth.

Jai Prakash Yadav, an FPO leader, highlighted the positive impact of Arya.ag’s support: “Through Arya.ag, we were able to connect with agricultural centres for soil testing and provide training to farmers, empowering them to adopt sustainable farming practices.”

Arya.ag will implement its agritech solutions to empower Smart FPCs with tools for scaling operations and improving efficiency. The initiative will also provide AI-powered crop advisory services to enable data-driven decision-making and optimise farming practices. Moreover, Arya.ag will facilitate digital record-keeping of farming practices to ensure traceability and transparency throughout the value chain. Collaborations with corporate partners will be established to support sustainable sourcing of produce and create new market opportunities for Smart FPCs. Training and capacity-building programmes will be conducted to enhance the skills and knowledge of FPO members in sustainable farming practices and business management.

A key feature of the initiative is the creation of a platform to connect all stakeholders, including climate champions (corporates supporting the purchase of sustainable produce), to facilitate the trade of sustainably produced commodities. Anand Chandra, Executive Director of Arya.ag, added, “We believe that only a market-led model will enable FPOs to become a hub for sustainable practices. But we also need the FPOs to be ready for the market. The 200 Smart FPOs initiative reflects our commitment to driving sustainable agriculture and empowering these farming communities into Smart Institutions.”

The initiative has received support from key stakeholders in the agriculture sector, including government agencies, development organisations, and corporate partners. Arya.ag will work closely with these partners to ensure the successful implementation of the initiative and maximise its impact on the ground.

The launch of the 200 Smart FPOs initiative at Rith Summit 2.0 is an outcome of the stakeholder discussions from Rith 1.0 held in December 2023. The initiative is expected to benefit thousands of farmers and contribute to the development of a more sustainable and resilient agricultural ecosystem in India.

The 200 Smart FPOs initiative will focus

Agribusiness, Company News, Finance, India, Supply Chain, Warehousing

Paving the way for enhanced financial inclusion through technological innovation and robust banking frameworks.

Arya.ag, India’s only profitable integrated grain commerce platform, has partnered with Shivalik Small Finance Bank to provide vital financial assistance to farmers, agro-processors, and micro-enterprises. Through this strategic partnership, Arya.ag acts as a Business Correspondent for the bank, facilitating over 200 crores in warehouse receipt financing in the current financial year. The initiative significantly expands the bank’s reach, bringing essential funding to the agricultural ecosystem across India.

This arrangement demonstrates the power of banking-fintech collaborations, bridging the trust deficit within the agricultural ecosystem, particularly in rural India. Digital solutions like Arya.ag act as a conduit in regions where traditional banking infrastructure faces challenges. Partnerships like these democratise access to financial services, ensuring equitable pricing and a consistent supply of credit for farmers and Agri MSMEs.

A key factor driving the success of these models is Arya.ag’s commitment to digitising the entire agri-lending process, from application to disbursement. This streamlined approach ensures quick and easy access to financial resources, particularly for those who have traditionally been underserved by financial systems.

Commenting on this significant achievement, Anand Chandra, Co-founder of Arya.ag, stated, “Our partnership with Shivalik Small Finance Bank highlights our commitment to empowering farmers and MSMEs traditionally underserved by formal banking. This partnership offers assurance to financial institutions and creates a more inclusive ecosystem for small agri-stakeholders – a true win-win for all.”

Anshul Swami, Managing Director and CEO of Shivalik Small Finance Bank, added, “Our partnership with Arya.ag aligns seamlessly with our vision of focusing on underserved segments through digitally focused, affordable products. Arya.ag’s expertise and dedication have provided an additional layer of professional assurance at all levels, increasing our reach and market penetration at a never-before speed. Together, we are happy to make a difference in the lives of those who need it the most.”

These partnerships anchor their operations in the twin pillars of technological innovation and robust banking frameworks for the benefit of the smallest of stakeholders.

Paving the way for enhanced financial inclusion

Agribusiness, Agrotech, Collaborations, Company News, Digital Technologies, India, Supply Chain

This partnership will help open newer avenues to increase its product visibility in African countries, fostering trust and collaboration with companies across the African continent.

As India continues to prioritise sustainable agricultural growth, Arya.ag, India’s largest & only profitable grain commerce platform enters into a strategic partnership with Fairgro Africa Limited, an agricultural company in Kenya. This strategic partnership aims to provide crop monitoring and digital integration in Kenya, through Arya.ag’s mobile application Aryashakti, ensuring transparency in all activities and quicker decision-making. This collaborative effort between Arya.ag and Fairgro Africa Limited is anticipated to yield far-reaching benefits for the agricultural sector in Kenya.

With Arya.ag digitizing a minimum of thousand acres of land and monitoring the entire crop cycle in the region, this partnership holds great potential to transform traditional farming practices and elevate the standards of agricultural efficiency for farmers in Kenya. Arya.ag’s application Aryashakti’s comprehensive support will also equip the Fairgro field team with a powerful tool for digital plot management, seamless communication and efficient resource planning ultimately contributing to enhanced productivity and sustainable agricultural development in Kenya.

This partnership will help open newer avenues to increase its product visibility in African countries, fostering trust and collaboration with companies across the African continent. The Aryashakti app will empower Fairgro Africa’s field teams, facilitating plot digitization, seamless communication and strategic resource management.

­Commenting on this partnership Anand Chandra, Co-founder at Arya.ag said, “This partnership is expected to have an impact on India’s influence on global partnerships. It will expand our product visibility in the international market, fostering trust and collaboration with companies across the African continent.”

Joshua Kiptoon, Strategic Advisor of Fairgro Africa Limited said, “We hope that Arya.ag will be instrumental in altering our operations in Kenya. The Aryashakti mobile application can empower our field teams, enabling transparent activities, expediting decision-making processes and significantly ease our work in Kenya, allowing us to streamline our efforts and resources efficiently.”

This visionary partnership between Arya.ag and Fairgro Africa Limited marks a significant milestone in fostering international collaboration, advancing agricultural technology, and promoting sustainable farming practices worldwide.

This partnership will help open newer avenues

Agrotech, Company News, Foodgrains, India, R&D, Start ups

Under this partnership Fortune Rice Limited will provide details of 2000 acres of farmland under monitoring and Arya.ag will provide comprehensive insights into crop health and growth patterns.

Arya.ag, India’s largest & only profitable grain platform, is proud to announce a strategic collaboration with Fortune Rice Limited aimed at advancing crop monitoring capabilities for the agricultural industry. This collaboration will leverage Arya.ag’s cutting-edge satellite surveillance product, combined with Fortune Rice’s expertise in agriculture, to enhance the monitoring and growth of paddy crops.

As part of this collaboration, Fortune Rice Limited will provide details of 2000 acres of farmland under monitoring. Arya.ag will provide comprehensive insights into crop health and growth patterns, empowering farmers, and agribusinesses with data-driven decision-making tools.

One of the key highlights of this collaboration is the integration of Arya.ag’s Artificial Intelligence and satellite surveillance solutions to enable access to rich datasets, detailed maps, and a secure application programming interface (API) designed to streamline data retrieval. This will facilitate real-time monitoring and analysis of their subscribed districts, villages and blocks, ensuring a deeper understanding of crop performance. This will enable early detection of anomalies in the monitored farmland and the required active measures in irrigation fertilisation and pest control to increase the operational efficiency and increased yield of the crop. Furthermore, this will be done through an user-friendly mobile.

“We are excited about our collaboration with Fortune Rice, which represents a significant step towards optimizing crop management,” said Anand Chandra, Co-founder and Executive Director of Arya.ag. “Together, we will transform the way farmers and agribusinesses monitor and manage their crops, ensuring food security and sustainable agricultural practices.”

Jai Kumar Gupta, Executive Director at Fortune Rice Limited, stated, “We are delighted about our collaboration with Arya.ag which represents a big step towards modernizing agriculture. Through this collaboration, we will be able to monitor and improve the performance of our paddy crops by utilising cutting-edge technologies. We hope to promote sustainable agriculture, assure food security and provide farmers with useful data-driven insights.”

Fortune Rice’s commitment to harnessing innovative technology aligns perfectly with Arya.ag’s mission to revolutionize agriculture through data-driven solutions. This collaboration marks a significant milestone in the journey toward a more sustainable and productive agricultural sector.

Under this partnership Fortune Rice Limited will

Agrotech, India, Start ups

The National Institute of Agricultural Extension Management (MANAGE) recently felicitated Anand Chandra, Executive Director & Co-Founder, Arya.ag, India’s largest and fastest-growing integrated grain commerce platform as its outstanding alumni, for his achievements and contributions in agriculture. Union Minister of Agriculture & Farmers Welfare, Narendra Singh Tomar was the Chief Guest for the Convocation and Shri Manoj Ahuja, Secretary (A&FW), GoI was the Guest of Honour.

Arya.ag, co-founded by Anand Chandra in 2013 holds the unique distinction of being the only profitable agritech startup at scale in India. Be it concentrating on the near-farm primary and secondary markets or innovating on the first-of-its-kind price-risk mitigation model for FPOs or deployment of hermetic storage technology, Arya’s aim to impact rural lives and improve livelihoods is always technology driven.
Anand Chandra, Executive Director & Co-founder, Arya.ag, said, “I feel truly humbled and honoured by this recognition. At MANAGE, you learn life tools like grit, resilience, and efficiency, but you also leave with a strong sense of community and social responsibility. The entrepreneurial mindset we develop at MANAGE enables us to impact the world around us. I would like to express my sincere appreciation to my Alma Mater for recognising our efforts at Arya to bring a positive change in the farming community.”
Dr K Anand Reddy, Principal Coordinator PGDM (ABM), MANAGE, added, “MANAGE is proud to honour outstanding MANAGE Alumni who have been serving the farming community through their own Agri-Ventures. We recognise the impact of Arya.ag on the agri community and congratulate Anand and the other recipients”.

The National Institute of Agricultural Extension Management