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INNOVATION
IN US –
BRINGS BEST
OUT
Presented By –
Jagdish Prasad Sinha
Kuneek Gupta
Kushagra Gour
Way forward for Indian
Industries in AgriTech Startup
BACKGROUND
 Company Name - WayCool Foods
 Founded in - July 2015
 Founders - Sanjay Dasari
Karthik Jayaraman
 Operates in - 134 towns
 No. of Clients - 8000+
What do they do?
SOIL HEALTH
CHECK
SEEDS & INPUTS
ADVISORY
CULTIVATION
PLANNING
LIQUIDATION
MARKET ACCESS
RECYCLING OF
CRATE WASHING
WATER
HARVESTING
CRATE WASH
WATER
EMPLOYING
ELECTRIC VEHICLE
FOR OUTBOUND
DELIVERY
ENERGY AUDIT &
SAVING MEASURE
INCREASING
GREEN COVER
Views ofVarious Stakeholders
Farmers Customers Loan Providers
 Delay in the delivery
of Products
 May get
contaminated
products
 Difficulty in raising
funds for agricultural
inputs.
 How we can increase
our profit?
 Whether Lenders can
pay the loan on time
or not.
Questionnaire
What is the challenge faced by Agritech
Startups during COVID-19 Pandemic?
A- Unskilled Labour
B- Difficulty in fulfilling the consumer demand
C- Weather Condition
D- Transportation and Logistic
23%
34%
7%
36%
A
B
C
D
Questionnaire
What is the important factor in determining the
quality of crops?
A- Weather Conditions
B- Fertility issues
C- Lack of knowledge of equipment
D- Finding Labour
21%
29%
41%
9%
A
B
C
D
29%
34%
7%
8%
9%
13%
Perceived major problems
To Provide hygienic and contamination-free products.
Supply Chain Management
Manipulation by middlemen
Post – harvest losses
Lack of labour
Raising Fund
BRAIN STORMING
Effective and Hygiene supply
chain Management
Safe and Cool Storage locations
Digitized platform for selling the
farm Produce
Guiding the farmers about the
latest technologies that can be
implemented in Agriculture
Saving water through drip
irrigation technique
By setting up their branches at
important places
Creating value in Supply Chain
Step 1 : Demand Mapping
Step 2 : UpskillingWorkforce
Step 3 : Precision Farming
Step 4 : Picking Farm Produce from the farmers
Step 5 : Cold Storage Facilities
Step 6 : Refrigerated RailTransport (for delivering products to long distances)
Step 7 : Using ElectronicVehicle (for delivering products to Short distances)
Step 1 : Demand Mapping
Step 2 : UpskillingWorkforce
Step 3 : Precision Farming
Step 4 : Picking Farm Produce from the farmers
Step 5 : Cold Storage Facilities
Step 6 : Refrigerated RailTransport
(for delivering products to long distances)
Step 7 : Using ElectronicVehicle
(for delivering products to Short distances)
• Provide hygienic and
contamination-free products.
Strategy
• Vehicle Disinfection.
Application
 Sanitization done at different levels.
 Delivery executives wear PPEs and
maintain social distancing during
delivery.
Raising funds is a challenge.
Strategy
• Agritech Startup can take Loan from
Banks and financial institutions under
agri-infra fund announced by GoI on 8th
July 2020
Application
• All loans taken by Agri-tech players
under this financing facility will have
interest subvention of 3 per cent per
annum up to a limit of Rs 2 crore.This
subvention will be available for a
maximum period of seven years.
Agri-infra fund
• Rate - 3% p.a.
• Limit - ₹ 2 Crore
• Time - 7Years
Impact Of Strategies
Transparency
Efficiency
Diversity
Quality
Sustainability
5-Year Plan
Using Hybrid Crops
Using Precision Farming
Using Real-time Market Information
Using Reduced leakage and Wastage
Using Processing wasted food to form Compost
Potential Reach : 10% of total of 92 million tonnes of farm produce under GM crops
PotentialValue Gains : 5-10 % Productivity improvement
Potential Reach : 20 % of total arable land under precision agriculture
PotentialValue Gains : 15- 60 % yield improvement
: 22 Millliion farmers with higher yields
Potential Reach :60 % of total farmers using real-time market information
PotentialValue Gains : 3 % Productivity increase
: 2.5 % increase in price realization
: 3 % reduction in input cost
PotentialValue Gains : 50 % lower wastage in distribution of farm produce
PotentialValue Gains : Can reduce the cost spent on fertilizers
Thank You !!!

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Agritechstartup

  • 1. INNOVATION IN US – BRINGS BEST OUT Presented By – Jagdish Prasad Sinha Kuneek Gupta Kushagra Gour
  • 2. Way forward for Indian Industries in AgriTech Startup
  • 3. BACKGROUND  Company Name - WayCool Foods  Founded in - July 2015  Founders - Sanjay Dasari Karthik Jayaraman  Operates in - 134 towns  No. of Clients - 8000+
  • 15. Views ofVarious Stakeholders Farmers Customers Loan Providers  Delay in the delivery of Products  May get contaminated products  Difficulty in raising funds for agricultural inputs.  How we can increase our profit?  Whether Lenders can pay the loan on time or not.
  • 16. Questionnaire What is the challenge faced by Agritech Startups during COVID-19 Pandemic? A- Unskilled Labour B- Difficulty in fulfilling the consumer demand C- Weather Condition D- Transportation and Logistic 23% 34% 7% 36% A B C D
  • 17. Questionnaire What is the important factor in determining the quality of crops? A- Weather Conditions B- Fertility issues C- Lack of knowledge of equipment D- Finding Labour 21% 29% 41% 9% A B C D
  • 18. 29% 34% 7% 8% 9% 13% Perceived major problems To Provide hygienic and contamination-free products. Supply Chain Management Manipulation by middlemen Post – harvest losses Lack of labour Raising Fund
  • 19. BRAIN STORMING Effective and Hygiene supply chain Management Safe and Cool Storage locations Digitized platform for selling the farm Produce Guiding the farmers about the latest technologies that can be implemented in Agriculture Saving water through drip irrigation technique By setting up their branches at important places
  • 20. Creating value in Supply Chain Step 1 : Demand Mapping Step 2 : UpskillingWorkforce Step 3 : Precision Farming Step 4 : Picking Farm Produce from the farmers Step 5 : Cold Storage Facilities Step 6 : Refrigerated RailTransport (for delivering products to long distances) Step 7 : Using ElectronicVehicle (for delivering products to Short distances)
  • 21. Step 1 : Demand Mapping
  • 22. Step 2 : UpskillingWorkforce
  • 23. Step 3 : Precision Farming
  • 24.
  • 25. Step 4 : Picking Farm Produce from the farmers
  • 26. Step 5 : Cold Storage Facilities
  • 27. Step 6 : Refrigerated RailTransport (for delivering products to long distances)
  • 28. Step 7 : Using ElectronicVehicle (for delivering products to Short distances)
  • 29. • Provide hygienic and contamination-free products. Strategy • Vehicle Disinfection. Application  Sanitization done at different levels.  Delivery executives wear PPEs and maintain social distancing during delivery.
  • 30. Raising funds is a challenge. Strategy • Agritech Startup can take Loan from Banks and financial institutions under agri-infra fund announced by GoI on 8th July 2020 Application • All loans taken by Agri-tech players under this financing facility will have interest subvention of 3 per cent per annum up to a limit of Rs 2 crore.This subvention will be available for a maximum period of seven years. Agri-infra fund • Rate - 3% p.a. • Limit - ₹ 2 Crore • Time - 7Years
  • 32. 5-Year Plan Using Hybrid Crops Using Precision Farming Using Real-time Market Information Using Reduced leakage and Wastage Using Processing wasted food to form Compost Potential Reach : 10% of total of 92 million tonnes of farm produce under GM crops PotentialValue Gains : 5-10 % Productivity improvement Potential Reach : 20 % of total arable land under precision agriculture PotentialValue Gains : 15- 60 % yield improvement : 22 Millliion farmers with higher yields Potential Reach :60 % of total farmers using real-time market information PotentialValue Gains : 3 % Productivity increase : 2.5 % increase in price realization : 3 % reduction in input cost PotentialValue Gains : 50 % lower wastage in distribution of farm produce PotentialValue Gains : Can reduce the cost spent on fertilizers