May 26, 2024

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Passion For Business

Agtech start-up Gramaphone eyes expansion in UP, Maharashtra and South

Indore-centered agritech start-up Gramaphone has added a investing module — Vyapar — to its farm management system that will assist farmers join with buyers and sell their produce straight.

Also, the firm options to broaden its operations to states this kind of as Maharashtra, Uttar Pradesh, Telangana, Karnataka and Tamil Nadu around the future 12 months, said Gramaphone founder Tauseef Khan.

Gramaphone at this time operates mostly in Madhya Pradesh and Rajasthan, the place around 7 lakh farmers are working with the farm management system for crop advisory and purchase of inputs. “We are introducing about a person lakh farmers every single thirty day period to our system,” Khan said. Also, the firm has a physical presence in nine destinations as a result of its Gramodaya centres.

The Gramaphone system presents customised crop advisory to farmers correct from sowing of the crop to the harvest as a result of its cellular app and also as a result of the phone centre, Khan said. Farmers are supplied agronomy suggestions and updates on climate, current market price and also on pests and disorders.

Gramaphone at this time is effective with organizations this kind of as Godrej Agrovet and Dhanuka on the crop defense facet and with seed organizations this kind of as Rasi and Nunheims amongst some others.

Now, by introducing the Vyapar module to its system, Gramaphone is enabling farmers to current market their produce. It has already about five hundred buyers on board, which include traders and processors on its system and options to insert yet another five,000 by the calendar year-stop, he said.

Started out in 2016, Gramaphone raised $three.four million in its hottest round of funding in December 2020 from Siana Funds. Earlier, it had raised a full of $four.five million from buyers this kind of as Information Edge, Asha Influence and Greater Funds.