New Delhi/Bengaluru, June 15, 2023. Cisco and Social Alpha have announced the launch of the second edition of Krishi Mangal, a prominent scale-up accelerator program dedicated to supporting agritech startups focused on solutions for smallholder farmers. Following the success of the inaugural edition in 2021, which positively impacted over 17,000 farmers and created 200+ jobs, the program aims to further empower the agriculture sector.
In the upcoming 18-month market access and scale-up accelerator program, seven in-revenue start-ups will be nurtured, each working towards enhancing agriculture and allied livelihoods. The selected start-ups will primarily concentrate on scaling technologies for soil rejuvenation, water and crop management, and efficient post-harvest processes.
During the program, the start-ups will receive comprehensive support, including grant funding, opportunities for piloting their solutions, assistance in go-to-market strategies, guidance in fundraising, technology refinement, and expert mentorship. By leveraging the innovation curation approach of Social Alpha and the technological expertise of Cisco, these start-ups will be equipped to deploy income-enhancing climate-resilient technologies on a large scale.
Himanshu Mishra, Director – Livelihoods & Prosperity, Social Alpha said, “More than 80% of farmers in India are small and marginal and undergo various challenges, including intergenerational poverty, poor soil quality, lack of water resources, credit access, high cost of inputs, post-harvest losses and broken value chain and market access. Added to that are the additional risks of extreme & chronic climate changes regionally. New technology solutions are helpful, but farmers can only adopt tech solutions if we demonstrate value to them. Our initiative Krishi Mangal will help these farmers access technology that can reduce their risk and costs and help realise market value for their produce. We are happy to enter the next phase of the initiative and aim to make more progress and generate greater impact by making agriculture and allied value chains efficient, sustainable, and climate-resilient”.
Harish Krishnan, Managing Director & Chief Policy Officer, Cisco India, said, “It’s heartening to see how Agri-tech start-ups are positively transforming agricultural practices by empowering small and marginal farmers. Krishi Mangal truly resonates with Cisco’s purpose of powering an inclusive future for all by leveraging the power of technology. The program identifies and provides a platform for some of the most promising Agri-tech start-ups to develop their products, sharpen their value proposition, enhance their capabilities, localize their solutions, and build the organisation at scale. And Cisco employee champions are committed to extending their expertise to coach and mentor these start-ups across diverse areas. Through Krishi Mangal 2.0, we pledge to invest in technology-led innovations to build Climate-resilient agricultural practices that will revolutionise the lives of marginal farmers.”
Chintan Vaishnav, Mission Director at Atal Innovation Mission, said, “We should promote innovations that make the world more inclusive and meet the sustainable development goals, that includes women, small and marginal farmers, grassroot innovators, etc. With programs like Krishi Mangal that promote such innovations, the impact for small and marginal farmers at scale can be created through sustainable businesses. To achieve this, we need to create mechanisms for alliances between different parts of ecosystem like incubators, governments, investors, etc. and the government will need be a catalyst in this process.’’
The cohort includes the following start-ups:
- Proximal Soilsens has built the world’s tiniest, most repeatable, and user-friendly soil testing system ‘NutriSens’ to provide accurate, quick soil test results.
- Niyo Farm Tech has designed small, user-friendly sprayers to reduce drudgery and improve yields.
- Urdhavam Environmental Technologies have developed a smart patented borewell recharging technique – Borecharger, to revive borewells.
- Dharaksha Ecosolutions created a biotechnology process that converts crop stubble waste into biodegradable packaging material, replacing thermocol.
- Animeta Agritech uses a digitised end-to-end animal healthcare platform providing instant aid 24/7 through its disease-diagnosing chatbot and a connected platform for ethnoveterinary products.
- Mivipro Products Private Limited developed Herboliv+, a bio-liquid made from botanical extracts and natural ingredients. It effectively masks the crop's odour and renders it unappetising for wild animals.
- Capsber Global Agro improves crop yields and food security by leveraging the potential of the microbiome, which results in a decreased carbon footprint and mitigates soil erosion.
Through the second edition of Krishi Mangal, these selected start-ups will have the opportunity to make a significant impact on the agricultural landscape, driving innovation and sustainability while uplifting smallholder farmers.