Building India’s Largest Blockchain Enabled marketplace for Onion 2025
Current Status
In 21 months of Operation traction of $10 million USD has been achieved.
Working with 18000+ farmers and 300+ b2b clients.
Problem or Opportunity
On Farmers end- • Demand Awareness • Price Prediction • Market Awareness • Late Payment • Quality Awareness • Search of correct buyer • Trust issue with buyers • Wastage
On Buyers end- • Procurement challenges • High commission • Unorganised supply • Product Quality • Logistics Problem • Sorting/ Grading Problem • Absence of technology for order tracking
Solution (product or service)
Solution- A) Farmers 1.Daily requirement awareness 2.Low Margins 3.Farm Gate Support 4.AI-ML Predictive Algorithm for Price Discovery 5.Verified network 6.Demand –Supply matching by software
B)Buyers 1.Software based quality check/ Sampling 2.Market Price Notification 3.Trained manpower 4.Algorithm based grading/sorting/ sampling 5.InstantPayment 6.Best&reliable logistics
Competitors
No direct competitors.
Advantages or differentiators
1.Instant Payments to Farmers, 2.AI ML Predictive algorithms for Climatic & price forecasts, 3.Global Online Platform, 4.Organized Supply chain Management, 5.Farmers Credit System & Awareness programs, 6.Use of Nano- technology for Storage & Packaging.
Business model
1.B2B 2.Exports 3.Contract Farming 4.Adding new commodity 5.Converting waste into Processed food 6.Credit to B2B Clients 7.Credit to Farmers
Money will be spent on
Technology strengthening and development, People, Marketing, Infrastructure.