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Monday / December 16. 2024
HomePosts Tagged "Fresh From Farm"

The company has introduced four premium fruit products- BLISS BERRIES (blueberries), QWEEN KIWI (kiwis), MIGHTY MELON (watermelons), and BRIGHT BANANA (bananas), now available across over 500 vendor partners in the Delhi NCR region

Fresh From Farm (F3), a New Delhi-based agri-startup, has launched its private-label branded fruits in the Delhi NCR region, aiming to redefine India’s fresh produce market with a focus on quality and reliability. This launch comes at a significant time for F3, which is on track to achieve a 100 crore annual recurring revenue (ARR) by the next quarter. With this new branded fruit line expected to contribute around 20% of its overall revenue, F3 is establishing a powerful presence in the fresh fruit sector.

The branded offerings, which include Ace apples, Apples, Bliss Berries (blueberries), Queen Kiwi (kiwis), Mighty melons are (watermelons), and Bright Banana (bananas), now available across more than 500 vendor partners in the Delhi NCR region. F3’s branded fruit initiative is designed to streamline the consumer experience, ensuring quality-assured options that allow customers to simply “pick and go.” The launch represents an industry-first step towards making branded, reliable fruit available directly to consumers in a market where trust in produce quality is often earned through meticulous inspection.

Rohit Nagdewani, Founder of Fresh From Farm, shared his vision, explaining, “We are on a mission to create trust and ease in the experience of buying fresh fruit. For years, fruit shopping has involved checking each piece for quality. By introducing branded options, we hope to provide consumers with a reliable standard that removes the guesswork so they can confidently pick up pre-graded, quality-assured fruit. This approach is expected to transform the way people buy and enjoy fresh produce, enhancing convenience and instilling confidence in every purchase.”

Fresh From Farm’s strategic expansion plans include exploring partnerships with quick commerce platforms to make branded fruits even more accessible to consumers. With continued innovation and the introduction of additional branded varieties like apples by 2025, F3 aims to further strengthen its position as a trusted name in the fresh produce industry.

Founded in 2021, Fresh From Farm has quickly become a leader in addressing logistical and operational challenges in the fresh produce industry. With its network of over 500 vendor partners across Delhi NCR, F3 supports vendors by providing consistently graded, high-quality fruits that maximize sales potential and reduce waste. Through streamlined supply chain processes, the company enables vendors to focus on delivering top-quality produce, while F3 takes care of the complexities of procurement, sorting, grading, and delivery..

The company has introduced four premium fruit

Rohit Nagdewani, Founder, Fresh From Farm in an exclusive conversation with AgroSpectrum reveals F3’s future business strategies and expansion plan in six cities surrounding Delhi NCR region.

What is the current market size of fruit in India?

India ranks as the second-largest producer of fruits globally, just behind China, and is a leading producer of bananas, papayas, and mangoes. In 2023, India’s fruit production was estimated at 99.07 million tonnes, contributing significantly to the global annual production of 883 million tonnes.

The fruit market in India is substantial, with an estimated value of approximately $60 billion as of 2023. This market is experiencing robust growth, fuelled by increasing health awareness among consumers and rising disposable incomes. These trends are well-documented in reports from market research firms and industry publications, highlighting India’s critical role in the global fruit production landscape and its burgeoning domestic market.

How the technological innovations are driving the growth of this market?

Good Agricultural Practices (GAP), Good Manufacturing Practices (GMP), and Good Handling Practices (GHP) play a pivotal role in driving growth in the agricultural market, as highlighted in numerous industry guidelines and reports. These standards are essential for ensuring food safety, maintaining product quality, and promoting sustainability, particularly in the fruit market.

In addition to these practices, investments in storage and logistics infrastructure are critical for preserving product freshness, minimising waste, and enhancing market efficiency. The integration of Artificial Intelligence (AI) and Machine Learning (ML) further accelerates market growth by enabling precise resource management, accurate crop yield prediction, and early detection of disease outbreaks. These technologies optimise agricultural practices and support the industry’s sustainability goal. Also, improve production efficiency, reduce waste, enhance traceability, and extend the shelf life of fruits, contributing to the market’s continued expansion.

Why it is important to have a smooth supply chain in this business and how your company is able to maintain a healthy supply chain?

A seamless and efficient supply chain is crucial in the fruit industry, particularly because of the perishable nature of the products. Even a minor delay in the logistics process can lead to spoilage and significant financial losses. To mitigate this risk, we at Fresh From Farm have implemented a comprehensive strategy to maintain a robust and responsive supply chain through Integrating the advanced logistics software and direct fruit sourcing from farmers. Let’s discuss how it works: –

Integration of Advanced Logistics Software

We utilise cutting-edge logistics software that optimizes delivery routes and schedules, ensuring that transit times are minimized. This software takes into account real-time traffic conditions, weather patterns, and road networks, allowing for dynamic adjustments to transportation plans. By doing so, we reduce the overall time that fruits spend in transit, preserving their freshness and quality upon arrival.

Direct Sourcing from Farmers

One of our key strategies is direct sourcing from farmers, bypassing intermediaries and reducing the complexity of the supply chain. Traditionally, fruits used to pass through several middlemen, warehouses, and transportation hubs before reaching retailers in distant markets. Each transfer introduces a higher risk of damage and spoilage, and the longer the fruit remains in the supply chain, the greater the loss of freshness.

By working directly with farmers, we significantly reduce the number of exchanges that fruits go through. This shortened supply chain minimizes handling problems, prevents unnecessary delays, and ensures that fruits reach the market more quickly and in better condition. For example, mangoes sourced directly from southern Indian farms can travel thousands of kilometres with fewer handling stages, ensuring they arrive at retail destinations fresher and less susceptible to bruising or spoilage. This direct-to-market approach not only enhances the quality of produce reaching consumers but also allows farmers to receive better prices for their crops by cutting out intermediaries.

What are the major challenges in this business and what is the way forward?

The fruits sector in India faces several significant challenges that hold back the overall growth of agricultural development. One of the most critical issues is the high level of post-harvest losses and wastage, primarily due to inadequate handling, poor storage facilities, and inefficient supply chains. Perishable goods such as fruits are particularly vulnerable to spoilage if not handled or transported properly. These losses result in a substantial reduction in the income of farmers and contribute to food insecurity across the country.

India’s transportation infrastructure for agricultural goods remains a major challenge. Inadequate cold chain facilities, poor road networks in rural areas, and delays in transit can lead to significant quality degradation of fresh produce.

Fruits often have specific climate requirements for optimal growth, including precise temperature ranges, rainfall patterns, and seasonal timing. Changes in these factors—such as unseasonal rains, prolonged droughts, or extreme heat waves—can throw off the natural growth cycle of fruit crops.

 Reducing fruit wastage during transportation requires strong government intervention through both technical and financial support. This can include investing in cold chain infrastructure, modernised transportation facilities, and advanced logistics systems. Additionally, financial assistance for farmers and transporters can help adopt these technologies, ensuring fresher produce reaches markets with minimal spoilage.

What are your expansion plans and how you are planning to execute them?

In the coming months, we aim to significantly expand our presence in the Delhi NCR region. Currently, we are making 450 to 500 deliveries per day, and our goal is to increase this to 1,500 to 2,000 deliveries daily within Delhi NCR alone. Following this expansion, we plan to extend our operations to nearby cities such as Jaipur, Chandigarh, and Jalandhar.

What are your expectations from the current government?

To enhance India’s fruit market potential, the government needs to focus on improving quality and safety practices in production and packaging. Key initiatives include:

Research and Development: Encouraging the use of tissue culture to produce high-quality, pathogen-free plants and developing fruit varieties with extended shelf life tailored for international markets.

Addressing the relatively low fruit productivity in India by implementing High-Density Plantation (HDP) techniques and conducting scientific assessments of nutrient and irrigation needs.

Post-Harvest Infrastructure: Expanding cold storage facilities, introducing advanced sorting, grading, and treatment processes, and encouraging investment in specialized transport and food inspection infrastructure.

Application of Digital Tools: Supporting the adoption of digital tools and IoT for precision agriculture to maximize yields and improve resource management.

International Trade: Advocating for the removal of trade barriers in Free Trade Agreement (FTA) negotiations to integrate India into the global fruit trade value chain.

By Nitin Konde

Rohit Nagdewani, Founder, Fresh From Farm in

The funds will be utilised for team expansion, tech enhancement, and to introduce new product lines.

Fresh From Farm, a B2B2C platform for consolidating fresh fruit demand, has successfully raised USD 2 million in a Pre-Series A round with participation from Inflection Point Ventures. Spearheading this investment is Ashish Kacholia, a seasoned investor in the public markets. Fresh From Farm takes charge of retailers’ operations, overseeing procurement, handling, sorting, and distribution, enabling them to focus solely on driving sales.

The allocated funds will be utilised for team expansion, tech enhancement, and to introduce new product lines. This collectively aligns with Fresh From Farm’s growth strategy, positioning them for continued success and expansion in the marketplace.

Fresh From Farm is a leading online platform revolutionising the way fresh produce is sourced and delivered. With a commitment to quality and convenience, Fresh From Farm (F3) uses a proprietary tech interface to predict and create a demand-supply equilibrium to minimise wastage of fresh produce. F3, with its unique business model, converts fruit vendors into mini- franchises and sources, grades and handles fruit for them allowing them to focus on only sales. Rohit Nagdewani the founder of Fresh From Farm, has the experience of founding 2 other ventures in the past.

Vikram Ramasubramanian, Partner, Inflection Point Ventures, says, “The concept of buying fresh fruits sounds fresh and healthy, but the process, however, is not. Behind every purchase lies a chain of individuals—farmers, labourers, and retailers—working tirelessly to bring these products to market. F3 steps in as a transformative force, streamlining this process with its tech-enabled platform. By offering transparency and efficiency, F3 empowers retailers to sell quality produce at fair prices, bridging the gap between affordability and profitability. Moreover, F3 champions sustainability by reducing wastage—a testament to its commitment to a healthier, more equitable future.”

Ashish Kacholia, Founder, Lucky Investments says, “The F3 team is solving a large problem for fresh fruits retailers by handling their sourcing logistics and helping their quality of life. Consolidation of demand in an otherwise fragmented and unorganized market is the key driver of the business. Rohit and his team’s deep expertise on the subject matter and their focus on unit economics allowed us to build conviction for the investment.”

Fresh From Farm operates at an impressive scale, with an annual recurring revenue of Rs 40 crores. Supporting this revenue stream is a dedicated team of 50 professionals, ensuring efficient operations and customer satisfaction. Anchored by a state-of-the-art facility spanning 20,000 square feet in New Delhi, the company leverages cutting-edge technology to uphold quality standards and meet market demand effectively. This robust infrastructure positions Fresh From Farm as a key player in the industry, poised for continued growth and success. Fresh From Farm has been able to deliver a partial exit to its early investors with more than 400 per cent returns.

Rohit Nagdewani, Founder, Fresh From Farm, says, “Our vision of becoming India’s largest Fresh Fruits company aligns with our efforts to expand aggressively in New Delhi/ NCR. While currently delivering at over 300+ locations every day, our key focus at wastage reduction and efficient demand consolidation have allowed for our retailer partners to earn an average of 29% more than working through traditional channels. On the growth front, we are aiming to touch Rs 100 crore ARR by the end of this calendar year.”

The funds will be utilised for team