Fasal is building an end-to-end platform for progressive horticulture farmers. It started off with an IoT sensor-aggregator hardware to optimise crop yield and has since expanded to selling inputs and offtaking outputs.
Problem
- Rising costs for farmers: Indian horticulture farmers, who manage over 25 million hectares of land, are reeling from soaring costs, with their produce often failing to meet food safety standards.
- Inefficient practices: This is because farmers often rely on heuristics and past experiences, leading to overuse of pesticides and inefficient irrigation.
Solution
- IoT sensor aggregator: Fasal initially developed hardware to measure key micro-climatic factors, providing actionable insights to optimise pesticide use and irrigation.
- Full-stack platform: It has now evolved into a platform that also includes market linkages for buyers to procure high-quality, fresh, and 100% traceable produce from Fasal farmers, as well as weather-based insurance to protect farmers against extreme events.
- Improved outcomes: Fasal’s solutions have helped improve crop yield and quality by 15-30%, thereby enhancing farmers’ net income.
Media Links
Type
Agriculture Aquaculture & Forestry
Focus Area
Enterprise and Sustainability
Capital Raised (US$)
6M to 20M
Operational HQ
India
SECTOR
IoT
status
Current
founders
Ananda Verma, Shailendra Tiwari
partnered
2019
exited
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