Data is indispensable for businesses today. It mitigates risk and helps them take action to plug gaps and channel their resources accordingly. Would it not be a boon for small farmers too and make agriculture profitable?
That’s what drove two young techies from farm families to set up Fyllo, a startup that offers farmers a data-driven decision support system on a mobile app by capturing information from the field. At the heart of this system designed by Sudhanshu Rai and Sumit Sheoran is an Internet of Things (IoT) device.
Fyllo operates in agritech, a sector populated by several companies working in different segments. While companies such as AgroStar and Gramophone provide inputs to farmers, the likes of Ninjacart, Bigbasket, and Crofarm connect farmers to the consumer market. Then there is DeHaat, which provides inputs, as well as storage and market linkage to farmers. AiBono is this startup's closest competition.
Read more at: This IoT-based startup empowers farmers with crop data
Published on: January 6, 2021