INVC NEWS
New Delhi ,
In agriculture, India is a land of contradictions. The country produces 11 percent of total global agriculture and at the same time host to the world’s largest number of malnourished people. Agriculture provides a livelihood for about half of the Indian population most of whom are smallholder farmers yet a majority of government agricultural subsidies are used by medium and large scale farmers. The average debt of farming household has been increased by nearly 5 folds in a decade and more than 3,00,000 Indian farmers have committed suicide. All the major revolutions were either farm-centric or production centric with barely any farmer income increment for the farmer.
Started in 2019, Based in Delhi. Neem Tree Agro Solutions, a SaaS (Software as a Service) based AgTech company focused on delivering economical, efficient and adaptable cutting edge solutions for every farmer in the nation. The services harness the power of data and Artificial Intelligence based decision support systems for enhanced quality and quantity of produce. They established a mission to provide farmers with knowledge, technology, marketing and extension services for improved quality and quantity of produce by efficient adoption of technology. The company focuses on the efficient use of big data to provide a decision support system for the farmers. It also provides quick and easy access to the farmers through their designated app.
Neem Tree Agro Solutions is a journey which was started by 3 youngsters. Such has their vision been, Country’s Prestigious university IIT and premier trade body Nasscom , FITT, CIENA have shown interest and confidence in their model and joined them as investors in working towards a common goal of revolutionizing farming by providing easy and innovative technology, Improved planning, knowledge, marketing and extension services. Still very young, one(Paras Jain) still pursuing his B.tech, the trio of founders have shown great integrity and strength in achieving success and have utmost confidence in their unique business model. Belief by such investors has proved that they might be new to the game but have enough to reach the top.
It is one of the few end-to-end agritech players and have established the end-to-end relationship with the farmer, right from input selection and delivery to crop management. They can input data across these stages to offer services to create value across the chain.
The company observed in rural areas and specifically in agriculture that farmers like to have a one-stop solution to all their problems, which is currently an inputs retailer. The company has the potential to replicate the same on a digital platform with the new-age approach, with several farmers having already adopted it.
Currently, the company has more than 20 nodes working on their behalf, including mobile recharge shops, Kirana stores from which a farmer is ordering agri-inputs.
Mr. Dhiresh, Co- Founder, Director & C.E.O, Mr. Nishant Chauhan, Co- Founder, Director, CFO & Head (R&D), Mr. Paras Jain, Co- Founder, Director and C.T.O of Neem Tree Agro Solutions.
