193x Filetype PPTX File size 1.95 MB Source: farmer.indiancst.com
Agri Startups in India • There are over 250 Agri-Tech startups in India across the value chain, leveraging the use of technology and innovation in business models to impact the large agri sector in India. • Some examples are- Ninjacart , WayCool, AgroStar etc. • Agritech startups in India, growing at 25% year over year. Need of Agri Startup • Agriculture is the back bone of Indian Economy • Agriculture is India’s biggest employer • Huge employment opportunities for farmers and agriculture graduates • Everyone needs food, that means depending on the kind of startup, it can have a large number of customers • Will surely help to achieve faster growth in agriculture sector in India. Startup Ecosystem in India • rd India has the 3 largest startup ecosystem in the world; expected to witness year over year growth of a consistent annual growth of 12-15% India has about 50,000 startups in India in 2018; around 8,900 – 9,300 of these are technology led startups 1300 new tech startups were born in 2019 alone implying there are 2-3 tech startups born every day. courtesy- Startup India Indicators of growth in the startup Ecosystem • The pace of growth in the startup ecosystem has increased to 15% year-on-year in 2018, while the growth of the number of incubators and accelerators has grown to 11% • Significantly, the number of women entrepreneurs stood at 14%, up from 10% and 11% in the previous two years. • Startups in the country have been able to create an estimated 40,000 new jobs over the year, taking the total jobs in the start- up ecosystem to 1.6-1.7 lakh • Bangalore has been listed within the world’s 20 leading startup cities in the 2019 Startup Genome Project ranking. It is also ranked as one of the world’s five fastest growing startup cities Focus areas for Agri startups • Agri Biotech • Agri input tools and technologies • Supply Chain Management • ICT /IOT/ Artificial Intelligence/ML & Big data in Agriculture • Agriculture/Horticulture/Natural Resource Management • Micro irrigation • Farm retailing • Waste to Wealth • Sustainable Agriculture/Organic farming • Farm Mechanization and Agri-engineering • Agri-Extension education • Agri-Clinic and Farm health service • Animal Husbandry • Precision farming • Fisheries • Post harvest technology • Organic farming/Bio agents/Bio fertilizer • Natural resource management • Storage/warehouse • Agriculture Extension/Agro social activity • Food processing • Other:
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