Business Description:India's growing population needs healthy and affordable food and this is possible only by systematic adoption of technology advancements in Indian agriculture to meet ever growing food needs of our population and improving productivity and profitability of agriculture.
We try to build the technology gap through our initiative www.indianagriculture.com.
We are trying to bring following concepts:
* Organic farming
* Packaging and warehousing
* Cold supply chain concepts
* Linking farmers with retailers directly
* Establish money
* Energy solutions to agriculture requirements
Industry:Agribusiness/ Agriculture
Founded in:2003
Source of idea:Developed family or friend?s idea
Significant Competitors:ITC Choupal
Company Details :
Company Name:indianagriculture.com
HeadQuarters:Bangalore
Stage of the company:Just starting
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):2-5
No of companies promoted:No
Profits (2006):losing money
Profits (2007):losing money
>Partnerships:1. Retailers
2. National Spot Exchange (NSE)
3. Weather Companies
4. Biotech seed companies
5. Banks
6. Agri Universities
7. Transport Companies
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:Providing real time information on agriculture like spot markets, weather reports, seeds and consulting help to farmers.
24 hrs call centre for agri services across the country.
Warehousing and supply chain solutions for agri produce.
Link farmers to retailers through contact farming
Awards & honors:DMckinsey selected this idea as best idea in 2003 and ICICI wanted to fund this venture.
Promoters Details :
Promoters Name(s):Nagaraj G
Age:29
HomeTown:Malyam, Anatapur Dist
Education:Masters
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Consultant at Satyam
Ex-Job Description:SCM
Favorite Book/Movie:The Fortune at the Bottom of the Pyramid
