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Mumbai-based Agtech start-up plans scheme to cover farmers' price risks

Mumbai-based Agtech start-up plans scheme to cover farmers' price risks
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GreenSat Innovation Labs Inks MoU With Gramin Vikas Trust and IndiaHub E-Governance to Launch a Smart Farmer Producer Organization Initiative

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Mumbai: GreenSat Innovation Labs Pvt. Ltd. a leading agritech company signed an MoU with Gramin Vikas Trust (GVT), a rural welfare organization, and IndiaHub e-Governance Pvt. Ltd., an innovation-driven start-up, as a technology partner for their Smart FPO (Farmer Producer Organization) initiative.
The Smart FPO model will provide farmers with complete end to end tech-support through the GreenSat Innovations and IndiaHub app right from gathering information, to connecting farmers with financial service providers.
The targeted project size for 2021-22 is 100 FPOs with 500 FPOs planned for each successive year.
GreenSat aims to on-board 5 lakhs farmers by March 2022.
GreenSat Innovation Labs Pvt. Ltd. a leading agritech company signed an MoU with Gramin Vikas Trust (GVT), a rural welfare organization, and IndiaHub e-Governance Pvt. Ltd., an innovation-driven start-up, as a technology partner for their Smart FPO (Farmer Producer Organization) initiative. ....

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