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Home Latest News

Nazara Tech&#039s Founder Nitish Invests in RVCF Backed Agri-Tech Social Commerce Platform Freshokartz

May 19, 2023
in Latest News
Reading Time: 2 mins read
Nazara Tech&#039s Founder Nitish Invests in RVCF Backed Agri-Tech Social Commerce Platform Freshokartz
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Nazara Tech&#039s Founder Nitish Invests in RVCF Backed Agri-Tech Social Commerce System Freshokartz

Freshokartz, a comprehensive agricultural products and services provider catering to farmers in Rajasthan, Madhya Pradesh, and neighbouring states, has productively elevated funding from outstanding buyers which include RVCF, Serious-Time Angel Fund, Nitish Mittersain (Founder and CEO of Nazara), Sreevasthva P (Founder and CEO of Servify), Marwari Catalyst, Siddharth Shah and other folks. The company has also introduced the launch of Indias groundbreaking social commerce super app, designed particularly for village degree business owners (VLEs), with the aim of offering entrepreneurship chances to aspiring micro-Agripreneurs in Rajasthan, MP and nearby states.

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Remaining to suitable: Rajendra Lora (Founder and CEO), ChandraKanta (Founder and COO), Laxman Sharma (CTO) and Saksham Sharma (CBO)

Rajendra Lora, Founder, and CEO of Freshokartz, said, “We have analysed the rural economy and produced a wholly tech-primarily based solution. Acquiring served in the Agri Enter and Market place Linkages services for a appreciable interval, we have observed recurring engagements with our farmers. The preliminary traction we have witnessed with our VLE Tremendous App has been phenomenal, with VELs Taking into consideration it as major supply of cash flow. Our vision is to collaborate with above 500,000 VLEs in the future 4-5 decades, achieving additional than 5 million farmers.”

Freshokartz focuses on addressing the desires of in excess of 100 million Indian farmers who have been underserved due to a absence of innovation at the farm amount. Whilst on line platforms normally cater to metropolitan regions and decide on tier 2-3 metropolitan areas, farmers in distant areas are generally ignored and reliant on traditional options, resulting in larger prices.

By way of Freshokartz Saarthis (Village Level Business people), the system establishes an successful channel to provide these farmers. VLEs act as intermediaries in between farmers and Freshokartz, aiding with buyer acquisition, product and service awareness, and order placement by way of the Saarthi cell software.

The platform empowers thousands of folks to commence their compact businesses from the comfort of their homes without the need of any initial financial commitment. It also enables companies to access farmers in the past mile, bypassing standard provide channels. Freshokartz caters to different agricultural desires, together with Agri inputs, money items, Agri products, farm equipment, tractors, insurance policy, current market linkages, and crop advisory solutions.

At present, the firm collaborates with much more than 15,000 VLEs in Rajasthan, Madhya Pradesh, and close by states, connecting with around 500,000 farmers. Freshokartz features above 50 associates who collaborate to distribute their solutions to farmers through these VLEs. Remarkably, VLEs receive an common regular monthly money ranging from 5,000 to 15,000 INR, with the possible to receive up to 25,000 INR.

Freshokartz aims to onboard much more than 100,000 VLEs, thus serving above 1 million farmers by March 31, 2024. The business is dealing with quick growth, with the range of VLEs and farmers raising 2-3 times just about every month.

Nitish Mittersain Founder and CEO of Nazara Tech said, “Founder’s Farming and technologies background make them unique to solve farmers difficulty. Only technologies can aid in creating a scalable product and Freshokartz recent traction plainly show that they are escalating in the suitable course with several Agri Similar providers in a solitary system.”

Also, Freshokartz is forging partnerships with a variety of organizations, which includes UPL, BASF, Axis Financial institution, BankSathi, ICICI Lombard, Balwan, JCB, Jain Irrigations, GrowIT, Shakti Pumps, Solskean Strength, and other folks. These collaborations purpose to present a detailed platform that addresses all the requirements of farmers, ranging from soil testing, Agri merchandise, banking and economic solutions, cattle feed and treatment, crop advisory, and far more.

For a lot more information, make sure you go to www.freshokartz.com.

Nazara Tech&#039s Founder Nitish Invests in RVCF Backed Agri-Tech Social Commerce Platform Freshokartz

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