The program will provide infrastructural, networking, and technological support to pre-revenue, seed-funded, and angel-funded Agri-tech startups.
The Ag-tech industry has grown leaps and bounds in a short period, with several startups venturing into the space.
However, they require guidance, mentorship, and access to resources to build a viable business. Against this backdrop, nurture.farm, India’s largest and leading ag-tech company, is on a quest to build a resilient and sustainable farming ecosystem through tech-led solutions and has launched its incubation program – Catalyst – to help agri-tech startups sustain themselves and expand further.
Nurture.farm Catalyst will help agri-tech startups collaborate with key stakeholders across the agricultural ecosystem, gain capital for sustenance, test their products or solutions at scale, and gain access to infrastructural, knowledge, and human resources.
The program will offer it incubates a wide spectrum of support to enable them and accelerate their growth journey. This incubation program focuses on nurturing the growth stage, pre-revenue, seed-funded, or angel-funded startups. It intends to support, collaborate and champion these startups as they break new ground.
By partnering with nurture.farm, the startups can benefit from its experience, tap into their rural network, leverage industry connections, and the goodwill the company has garnered over time.
Dhruv Sawhney, Business Head & COO of nurture.farm, said, “Agricultural productivity is at an all-time low. Food security is at risk, with an ever-growing population set to reach 10 billion by 2050. In addition, pests, diseases, and natural calamities destroy more than 40% of annual production, thus resulting in an annual loss of over USD 108 billion due to damaged or lost crops.