KissanPro Won the Best Agritech Startup for Industry Partnership
KissanPro won the “Agritechstartup for Industry partnership” award in the 5th edition of the prestigious FICCI Summit and Awards for AgriStartups, Award ceremony was held in Federation house, New Delhi and award winners were felicitated by Shri KailashChoudhary the hone’ble Minister of State, Agriculture and Farmer Welfare, along with various FICCI, Govt and Industry delegates.
About FICCI AgritechStarup Award
FICCI believes that Start‐ups will be the backbone of New India. The aspiring entrepreneurs is not leaving any stone unturned and have made significant impact across all segments of the Agriculture sector. With so much potential in the Agriculture sector, these Agri start‐ups need to be suitably identified, supported and handheld, so as to mainstream them for the long run. Under the vision of AgriStartup Task Force, FICCI thrives to “Develop India as a hub of Agri innovation by leveraging domestic and global opportunities, driving Industry – start up partnership and enabling policy initiatives for adoption of innovations in the agriculture and allied sector”.
With objective to sensitize, motivate and address the issues that Agristartups face, so that they innovatively solve the problems faced by the Indian and global agriculture across the value chain, FICCI is organizing 5th edition of “FICCI Summit and Awards for AgriStartups” on 1-2 November 2022. During the 5th edition, FICCI once again aims to accentuate the innovations taking place specifically in the agriculture sector and felicitate awards to the start-ups for their impactful innovations. The best AgriStartup among the selected ones got felicitated with awards and acknowledged at FICCI’s AgriStartup Summit on 2nd November 2022 which was one of the most awaited congregations of leadership from Government and Industry. PwC is the knowledge partner in the initiative.
During Event key Points discussed by Minster Shri Kailash Choudhary
During the event Shri Kailash Choudhary the hone’ble Minister of State, Agriculture and Farmer Welfare, complemented the work done by all agritechstartups and congratulated all winners, he also discussed the growing agritechstartups ecosystem in India and how we can become the world leaders and world suppliers across key crop categories, he stressed upon need of growing Millets production and demand both and how startups can work together with government in achieving the desired objective.
Under the Vision of Prime Minister Mr. Narendra Modi to boost and support Indian agritechstartups he discussed about setting up a separate division for startups within agriculture ministry and there would a joint secretary dedicated to agritechstartups.
To support further he mentioned a 500 crore acceleration fund for agritechstartups.
Ravi Dasoundhi the Founder and CEO’s statement:
This indeed is a very prestigious award and we are very happy that our efforts and impact created on the ground is been noticed and recognized, this recognition along with various video recordings of FPO CEOs and farmers on how we have made life simple for them and improved profitability overall is the real testimony of all the hard work the entire team has been putting in to create real value for a large base of farmers, such recognition will certainly motivate the entire team to keep working hard on the ground every day with the same level of passion and zeal to bring the transformation we all aspire to see in farmers life and in the entire ecoystem.
We work on a phygital model, while we use technology to build efficiency at every level, we manage end to end execution and operation to have the right control and deliver what we promise to a Farmer as well as to various institutional buyers.
Becoming self sustainable and still growing profitably is the path we following, and we are very close to achieve net zero burn target, while we understand that we are small and at this scale becoming net zero burn might not sound very exciting however its important for us as this sets the business fundamentals right, we certainly would look for raising funds with some strategic investors at the right time, wherein funds mostly would be invested on Tech, capacity building and on the ground infrastructure for key expansion linked projects, and to have a command over right supplies, building right warehousing, processing and packaging capacity and creating ecosystem for farm to retail/ Farm to factory.
By doing these by default we creating a win win model for farmer as well as for institutional buyers and also with effective use of data and science creating a right balance between supply and demand.
We closely working with Various Govt Agriculture and Horticulture offices as well as with Nabard and under process of finalizing some projects like creating excellence centers, precision farming, demand based crop scheduling etc and we do play a role of catalyst in implementing the govtagri initiatives we truly believe in.