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Thursday / November 21. 2024
HomePosts Tagged "Founder & CEO of Salam Kisan"

His work spans various sectors, including agriculture, financial services, retail, manufacturing, and energy.

Salam Kisan, a pioneering agri-tech platform, has onboarded Ranveer Chandra, Chief Technology Officer (CTO) of Microsoft (Agri-Food), as a strategic advisor to the company. Ranveer brings over 15 years of experience in technology, AI, networking, and systems, which will play a pivotal role in shaping the future of Salam Kisan.

Dhanashree Mandhani, Founder & CEO of Salam Kisan, expressed enthusiasm about the appointment, “When I first met Ranveer and heard his passionate call to action, I knew I had found an incredible advisor, mentor, and friend. His expertise and vision have been invaluable to Salam Kisan over the past few months. His unparalleled expertise in agricultural technology and his vision for the future of farming align perfectly with our mission. We look forward to benefiting from his invaluable insights as we continue to innovate and expand our services to benefit farmers across the globe.”

At Salam Kisan, Ranveer will focus on several key areas, including providing technology and innovation advisory, overseeing research and development, and facilitating strategic partnerships and alliances. He will also spearhead market expansion and global outreach, offering advisory on digital transformation and contributing to thought leadership and advocacy.

 Ranveer Chandra, strategic advisor at Salam Kisan and CTO of Agri-Food at Microsoft, said, “I am excited to work with Salam Kisan in its efforts to transform agriculture through technology. The company’s commitment to empowering farmers resonates with my own passion for leveraging innovation to address global food security challenges. I look forward to continuing our work in making agriculture not just cool but also efficient, sustainable, and impactful.”

At Microsoft, Chandra leads a multidisciplinary team of researchers and engineers, driving cutting-edge innovations in cloud, networking, connectivity, and AI. His work spans various sectors, including agriculture, financial services, retail, manufacturing, and energy. This broad expertise will be crucial in guiding Salam Kisan in enhancing its tech-driven approach to enabling farmers.

This strategic appointment underscores Salam Kisan’s commitment to staying at the forefront of agricultural innovation and reinforces its position as a leader in the agri-tech space.

His work spans various sectors, including agriculture,

 Company projects an additional Rs 16 crore in revenue from drone spraying services and input sales during the upcoming Kharif season.

Salam Kisan, a pioneering agri-tech platform, has recorded a remarkable 11X growth in revenue for the fiscal year 2023-2024, reaching an impressive total of Rs 23.61 crore. This exponential growth showcases the company’s success in leveraging its operational efficiency in drones and technological capabilities to boost overall sales and profitability.

Salam Kisan projects an additional Rs 16 crore in revenue from drone spraying services and input sales during the upcoming Kharif season, driven by farmers’ increasing adoption of its application. The company has been bootstrapped with positive EBITDA since its inception, and Salam Kisan is expecting to raise its first round of investment to expand its business with drones and increase market penetration.

Offering services across 35 districts in Maharashtra, Salam Kisan covered 41,000 acres in drone spraying that generated a revenue of Rs 2.41 crore. The success of their drone services and real-time crop calendar with agri-input recommendations has boosted Salam Kisan’s agri-input sales, which recorded a significant Rs 5.41 crore. Additionally, the company’s buyback program for farmers using the Salam Kisan platform and services throughout the agricultural cycle offered linkages worth Rs 15.225 crore in FY 23-24. By onboarding over 80 FPOs, Salam Kisan makes their advanced agricultural technology accessible to a wider spectrum of farmers.

Salam Kisan is a multi-stack precision farming platform that helps farmers in making informed decisions. They provide an array of services that leverage technology and data insights to empower modern farming practices. These services include an AI-enabled crop calendar for tailored crop management, precision agriculture guidance, customized fertilizer dosage recommendations, drone rental for fertilizer and seed spraying, farm mapping, input product marketplace, farmers community, government convergence, agriculture news, traceability solutions, and guaranteed output procurement.

Over the past year and Q1 24-25, Salam Kisan, under its parent company PRYM Group, has invested Rs 9.1 crore in developing agricultural drones and precision farming software. These advancements enhance the company’s technological and operational capabilities, enabling farmers to use drones and advanced analytics to optimize crop yield and soil health. This investment significantly boosts farmers’ productivity and profitability. The company deployed over 50 drones and pilots in Maharashtra, saving at least 70 lakh liters of water through optimized drone-based spraying.

Dhanashree Mandhani, Founder & CEO of Salam Kisan, said, “Our exceptional growth and remarkable increase in revenue this fiscal year is a clear indication of our commitment to transforming the agricultural sector through innovation and technology. Our crop calendar, drone services, and precision farming tools have not only improved yields but have also redefined farming practices in India. Farmers using Salam Kisan have seen an incremental revenue of at least Rs 16,000 and a 30% cost saving each season. As we expand into Uttar Pradesh and Madhya Pradesh, we intend to aid more farmers across India with our advanced agritech solutions.”

 Company projects an additional Rs 16 crore