12 Indian Agritech Startups to Watch Out For in 2018
Farming is a profession of hope. And India holds the record for the second-largest agricultural land in the world, with around 60% rural Indian households making their living from agriculture, writes Shweta Modgil on Inc42.com.
This not only speaks about millions of hopes associated with agriculture but also points out to the huge scope for agritech startups in the country to make those hopes of Indian farmers come true.
Thus comes a massive opportunity for agritech startups in India.
Opportunities lie in areas like how to increase crop production, improving the nutritional value of the crops, reduction in input prices for farmers, improving the overall process-driven supply chain, and reducing wastage in the distribution system, among others.
Inc42 recently published its Startup Watchlist annual series, where it lists the top startups to watch for the coming year from a number of industries. Here is a look at the top 12 Indian agritech startups for 2018:
Aarav Unmanned Systems
An unmanned aerial vehicle startup incubated at IIT Kanpur with a team of designers, artists, developers, and engineers from IIT Kanpur, IIT Bombay, IISc Bangalore & IIST, Aarav Unmanned Systems aims to build the future of drones and their applications in the enterprise space.
Founded by IIT Madras graduate Vivek as Airwood Aerostructures and rebranded as Aibono in January, the agritech company provides farm-related intelligence, technology, expertise and gadgets to farmers.
CropIn integrates the agricultural sector with Information and Communication Technology (ICT) by putting a network of ERP and BI (Business Intelligence) across rural India.
The Bengaluru-based agritech startup offers a product DIGITAL AGRI, which uses computer vision algorithms to see the minutest detail on every plant and harness human intelligence to grade agricultural commodities.