Current Affairs Exam

Digital farm advisorystartupBharatAgri has raised $6.5 million in aSeries Around led by Omnivore, with participation from existing investorsIndia Quotientand 021 Capital.BharatAgri offers farmers an app-based platform for AI-based agronomy services on a paid subscription basis, which increases farm incomes through implementation of scientific farming techniques.

Traditional Farming practices fail to factor in changing climatic conditions, dwindling https://exam.pscnotes.com/natural-Resources“>Natural Resources, and optimal use of expensive crop inputs. BharatAgri says its proprietary algorithm collects data on more than 30 critical parameters to provide customized advisory across multiple crops, including grains, pulses, fruits, and vegetables. Farmers get a fully digital and automated service, at an affordable price.

Over the past 12 months, BharatAgri has recorded 20x Growth in paid subscription sales with a 65% renewal rate. It currently has more than 33,000 active paid users and aims at expanding its subscription base to 150,000 by March 2022.

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