Agri -trade is highly unreliable and risky, both for Farmers and Buyers. As it become more complex for international.
We are simplifying agritrade globally with technology enabled supply chain. Thru B2B agri marketplace proving for more sell-buy options, making relevant information available to make informed decisions, Quality assurance at source, efficient execution of supply chain from source to destination with visibility and trade financing.
Current Status
Achieved USD 0.8 Mn revenue in F21 in offline mode to ensure market fit. B2B agri platform beta version launched in August 21 to take business online for scale.
Market
We are in B2B market- Farmer to wholesalers.
Phase 1- In India domestic agritrade with 3 commodities- Potato, Onion and Garlic
Phase 2- Export to Middle-east & Africa, India Subcontinent and Far East region
Phase 3- Import from targeted countries with only 2 commodities to India
Phase 4- Export /Import across globe in few targeted commodities
Problem or Opportunity
Agri-trade is highly unreliable and risky - Limited customer options to farmers Agri wastage due to inefficient supply chain Quality inconsistency Rate vagaries due to demand-supply mismatch Payment un-certainities and risk
Solution (product or service)
Simplifying agritrade globally with technology enabled supply chain-
B2B agri marketplace for more sell-buy options Market intelligence to take informed decisions Quality assurance at source Efficient supply chain with end to end visibility Trade Financing
Competitors
Currently no major local competitor in International market, however internationally Indigo and Tridge are in similar space.
For Domestics markets, DeHaat, Bijak, Agrowave are the competitors, however they have different focus.
Advantages or differentiators
Our focus is on simplification of agri-trade globally to enhance reliability and reduce risk.
We are focus on key commodities, so that we can go deep dive and solve pain areas of complex agri-trade.
We will be driving transformation in a way agri trading is happening today offline. Thus we need to handhold all entities of eco system to drive this change.