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Friday / April 19. 2024

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HomePosts Tagged "DaaS"
Agro chems – Chemicals, Agrotech, Company News, Foodgrains, India, Sustainability

Activities to be also undertaken in the states of Andhra and Telangana

India’s leading Agri-drone manufacturer IoTechWorld Avigation and Agro-chemical major Syngenta India have jointly developed a sustainable DaaS business model and will launch the commercial spraying services across 4 major states – Andhra Pradesh, Maharashtra, Punjab, and Haryana In the next season of Kharif & Rabi.

IoTechWorld & Syngenta have already conducted the drone Yatra in 13 states and demonstrated the benefits of agriculture drones to more than 1 lakh farmers in a 17,000 km yatra.

Already, a joint pilot activity using actual agrochemicals has been successfully conducted in Ludhiana, Punjab wherein farmers and agri-entrepreneurs were briefed about the benefits of using drone technology in spraying agrochemicals. 

Providing details about the plan, Co-Founders of IoTechWorld Deepak Bhardwaj & Anoop Upadhyay said, “We have joined hands with Syngenta India to facilitate drone spraying across India. We did a pilot in the state of Punjab and the response has been very encouraging. As a next step, both companies jointly plan to amplify the activities in the states of Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh, Punjab, Haryana, Karnataka, Uttar Pradesh & West Bengal. The idea is to highlight the benefits of spraying using drones to farmers and other stakeholders.”

“Our association is unique in many ways. While our product Agribot is India’s first DGCA-type certified company, Syngenta is the first private company to get approval from the Central Insecticides Board, Government of India to use drones for spraying its Crop Protection products in crops like Paddy, Wheat, Sugarcane, Potato, Hot pepper etc. It is thus natural for consumers including farmers and agri-entrepreneurs to have faith in our joint initiatives,” both co-founders added.  

Providing details on the business model, Saurabh Srivastava, General Manager – Sales of IoTechWorld Avigation, & Mahantesh Chulaki – Lead Operations, Syngenta India, said, the idea of this sustainable cluster-based DaaS business model is liked by many agritech & startups firms as it gives the surety of YOY spray demand from Syngenta which mitigate the risk of capital investment of drone service provider. Even financial institutions like SBI who are providing the capital loan up to 2Cr through the AIF scheme of GOI, are also very confident to disburse the loan as their risk is mitigated through assured business demand offered by Syngenta.

Activities to be also undertaken in the

Agrotech, Company News, Dairy, India, Start ups

To deploy fresh capital for geography expansion, strengthening tech stack and to grow the top line to 300 Cr

With a focus on the farmers pain of low milk yield and less profits, Mooofarm an Agtech company has launched‘Dairy as a Service (DaaS)’ full-stack platform where farmers can buy best breed cattle, access tele-health and balanced nutrition services to increase milk yield and get loans to buy dairy inputs. 

The Mooofarm app, downloaded by 1.4+ million farmers, is a dairy farm management application designed for ease of use by dairy farmers in their vernacular language making buying of inputs (Cattle Feed and Cattle) more reliable, access to veterinary services more convenient at the fingertips. It also gives farmers access to relevant dairy farming techniques where they can calculate costs and revenue, access real time solutions, view learning options to critical problems, and allow farm data to be available in one place. 

The distribution of these services to the end farmer is ensured by Mooosathi, a village level entrepreneur to provide last mile aggregation and servicing of demand. The company will utilise the fresh investment to further scale its operations in Rajasthan, Punjab & Haryana and also unlock its geographical footprint to Madhya Pradesh & Maharashtra. Further Mooofarm targets to grow its MoooSathi base to 3000 and increase its revenue to Rs 300 crore by FY24.

Param Singh, Founder & CEO, Mooofarm, said, “We aim to utilise this Series A funding to further expand our operations nationally and strengthen our capacity to cater to the growing needs of our farmer communities. Our ability to combine a dairy farmer centric approach coupled with technology-driven processes and solid infrastructure, Mooofarm offers an integrated, efficient and scalable dairy management solution that connects all stakeholders along the value chain, making our platform indispensable to improve efficiency, yield and profits. “

To deploy fresh capital for geography expansion,