Photo - Grus & Grade Private Limited
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Grus & Grade Private Limited

India, Karnataka
Market: Farming, Financial services, Blockchain, Artificial Intelligence
Stage of the project: Idea or something is already done

Date of last change: 06.12.2021
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Idea

G&G is an Agri-Fintech Startup started by aluminum of IIM I, IIIT D, and DSE. Specialized in Blockchain & AI, we have won India 500 award, CEO magazine best Agritech 2021, and Apiray COE2 Miety GOI

Current Status

1. Awarded best India 500 Startup award for 2021
2. Best Agri Tech Startup for 2021 by CEO Magazine
3. Won national level contest held under Meity GOI - APIARY CoE 2 for Blockchain.
4. Developed India's first blockchain project for SHF and FPO's and got it implemented by Samunnati Finance, SEEDS NGO, and the University of Hyderabad.
5. Advanced level of discussion for Partnership with Yes Bank for Fintech solution, Star Health for AgriTech solution
6. Advanced level of discussion for traceability solutions of bio-fortified food with GAIN (under UN) and HarvestPlus, a US-based company.

Problem or Opportunity

1. Lack of Traceability across the Agri value chain
2. Unorganized and Fragmented Landholding
3. Costlier and substandard farm input material
4. Costly and scarce finance
5. Lower yield and high risk in farming
6. Lack of access to market.

Solution (product or service)

1. End to end traceability of crop, assets, cash flow,e tc using blockchain
2. FPOs and MEs as aggregators
3. Access to finance within minutes
4. Low-cost finance linked with Banks
5. AI and IoT enabled farm management and advisory
6. Access to market and better price

Business model

Commission and earnings from FPO commission for trading and transactional business.
Commission from Banks and Insurance Companies for financial intermediation and risk management
Export income from quality certified food grains and crops using blockchain
Services to Agri value chain actors, NGOs, and Government bodies.

Incubation/Acceleration programs accomplishment

APIARY COE2 by STPI Gurgaon under Miety GoI.
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