Source: BL
Context:
Cisco India CSR and Social Alpha launched the third edition of Krishi Mangal, aimed at supporting farmer-centric innovations with a focus on climate resilience and income security.
Key Highlights:
- Objective: Empower farmers by scaling startups that provide climate-smart, technology-driven solutions to enhance productivity, profitability, and sustainability.
- Selected Startups: Seven startups chosen for scale-up:
- Ekosight Technologies
- ArkaShine Innovations
- Terracroft Agritech
- Surobhi Agro Industries
- Agribotic Systems
- Bhairaj Organics
- Rudra Solar Energy
- Support Mechanism:
- Deployment-focused, milestone-based non-dilutive funding of up to ₹50 lakh per startup.
- Potential additional funding of up to ₹2 crore for expansion.
- Access to 200,000+ farmers and 150 FPOs for scaling solutions.
- Lab access for product design, prototyping, and manufacturing.
Technological Focus Areas:
- AI, IoT, robotics, renewable energy in agriculture.
- Solutions addressing soil degradation, water management, farm mechanisation, post-harvest losses, and supply chain inefficiencies.
