Agri Warehousing is a new and emerging industry in India. It is expected to grow exponentially in the coming years, as India is one of the largest producers of agricultural produce. The government has taken steps to promote this sector and many startups are aggressively entering the market to take advantage of the opportunities that lie ahead.
These startups are building a supply chain infrastructure that can help farmers sell their products at better prices and get them to market faster. They are also developing technology that will enable farmers to monitor their crops more effectively, improve crop yield and increase their profits.
In this post, we’ll talk about a few of top agri warehousing startups in India that are already building a name for themselves in their fields.
Here are some of the top agri warehousing startups in India:
Apna Godam is a post-harvest solution company working mainly in the non-perishable category. It is the first notified online Mandi in Rajasthan as well as India. Apart from facilitating spot trading of commodities, it also provides Warehousing, Commodity Finance and Logistic services as value-added services. The farmer can sell the commodity to any buyer in the country without going anywhere. The logistics are managed by Apna Godam with the help of a network of Logistic partners.
In addition to ths, Apna Godam facilitates an online platform that facilitate farmers, traders and buyers with online trading in commodities.Thus helping in better price discovery and provide facilities for smooth marketing of their produce.
Apna Godam mobile application is owned by two companies jointly. First is the Singodwala Fintech Pvt Ltd (the NBFC company) and the second is Singodwala Warehousing and Logistics Pvt Ltd which owns rest of the business.
Recently, Apna Godam has raised Rs. 2 Crores from Angel Investors in its seed round. The company will use the funds to strengthen the team and the Technology.
Arya.ag is an agri startup that was started by Prasanna Rao, Anand Chandra, and Chattanathan Devarajan with the goal of improving agricultural value chains through the provision of an extensive range of integrated services.
The platform prevents farmers’ produce from being sold at a loss by enabling farmgate storage and convenient financing choices, giving farmers the freedom to decide when and to whom to sell. Arya ensures a year-round supply of commodities to SME and corporate buyers with incorporated financing alternatives thanks to visibility into more than 10,000 commodity storage locations around the nation.
AgricxLab connects operators of cold storage facilities with bulk consumers of agricultural products. The startup makes use of machine learning and computer vision to evaluate the quality of production. Additionally, AgricxLab leases out warehouse space to its customers.
AgricxLab provides a SaaS stack powered by AI for businesses and organisations that manufacture, store, and transport agricultural products.
Through the provision of a digital system that allows buyers, sellers, and agents of agriculture products to engage in online commerce, Poshn is working to organise the trading of processed agri-commodities.
The new business venture makes it possible for manufacturers, mandis, and wholesalers to move their shops online, expanding both their reach and their visibility in the marketplace.
Bijak is a B2B trading network for agricultural products that connects buyers and sellers. You can keep track of all of your financial transactions and procurement in one simple location because it doubles as an accounting programme.
Bijak offers financial assistance for the purchase of agricultural products in addition to promoting commerce between buyers and sellers.
This agritech business streamlines transactions by giving buyers and sellers large amounts of working capital and improved logistics. Instant supplier payments and quick loan disbursements are made possible through Bijak. It is accessible in 27 distinct cities and union regions and has a network that includes more than 100 agricultural items.
A leading provider of agricultural supply chains in India is Ninjacart. From farm to store, it now takes less than 12 hours instead of more than 14 to transport 60 tonnes of fruits and vegetables.
Getting farm-fresh items to stores faster is one of Ninjacart’s objectives.
Each day, Ninjacart assists more than 2,000 farmers in Bengaluru sell 80 different kinds of fruits and vegetables to more than 800 different shops and restaurants. They claim to have reduced supply chain waste by 4% overall.
Agri warehousing startups are a new and emerging trend in the country. This is one of the fastest-growing industries in India. The Indian government has also been promoting this industry through policies such as the Agriculture Produce Market Committee (APMC) Act and Agricultural Produce Marketing Committee (APMC) Act.
In this article, we have discussed about some of the top agri warehousing startups in India, which are making a mark on their respective sectors.
Frequently asked questions (FAQs)
What are the top agri warehousing startups in India?
Apna Godam, Arya.ag, Poshn, Bijak and Ninacart are the some of top agri warehousing startups in India.
How Apna Godam is helping farmers?
Apna Godam provides Warehousing, Commodity Finance and Logistic services as value-added services. The farmer can sell the commodity to any buyer in the country without going anywhere.