Agritech Startup Aqgromalin Helps Farmers Boost Their Income By Enabling Them Diversify Into Animal Husbandry And Aquaculture
With each startup offering a unique set of products and services, these startups are improving the lives of farmers and doing their best to remove the inconsistencies in the agriculture sector.
Today’s startup story is about Aqgromalin, an agritech startup that enables farmers to diversify into Animal Husbandry and Aquaculture and provides them with access to all required input materials, technical instruments, training and support to immediately start operations.
Startup Story: Aqgromalin | Farm Diversification Integrator
Founded by Prasanna M and Bharani CL, Aqgromalin is a farm diversification integrator enabling farm holders to diversify into animal husbandry and aquaculture. The startup aims to increase farmer income, especially small landholders, by supplementing their revenue through innovative growth ideas.
Both being Chennai natives, Prasanna and Bharani have been friends for almost 17 years. They have completed their engineering at the Madras Institute of Technology in 2007.
How Aqgromalin Started?
The founders surveyed Tamil Nadu and found out that most farmers in that area were involved in paddy cultivation, which was not too profitable compared to the time and effort invested in yielding a good harvest.
After that, the founders surveyed the progressive farmers in that area. They found that a majority of these farmers were involved in allied activities of animal husbandry and aquaculture.
Being involved in animal husbandry and aquaculture, these farmers were able to mitigate the risks arising from mono-crop culture and were also able to see handsome returns.
So, to boost the income of farmers, especially small landholders, Prasanna and Bharani started Aqgromalin, a farm diversification integrator, enabling them to diversify into Animal Husbandry and Aquaculture.[Read: Social Investment Platform StockGro Helps New Users Learn About Stock Market In A Game Like Environment]
USP Of Aqgromalin
Aqgromalin provides tech-driven solutions for farm holders and provides them access to all required input materials, technical instruments, training and support, so they can immediately start operations.
The agritech startup enables farm diversification by offering ready-to-implement micro-farms at a minimal investment with an ROI of 6-8 months.
Aqgromalin offers a guaranteed buy-back price to the framers for their produce and takes it across the distribution chain. The farmer can also opt to take the produce to the market if the price offered is higher.
Also, Aqgromalin provides a Farm Engagement App for farmer relationship, customer reach, produce sourcing, and input material selling.
To know about their offerings in detail, visit their website.
Present Situation Of Aqgromalin
Currently, the agritech startup covers close to 10,000 acres. Working with 600 farmers, Aqgromalin operates across the following product verticals- Animal Husbandry, Aquaculture, Insect Farming and Agriculture.
It is also actively expanding to newer categories within Animal Husbandry and Aquaculture.
The farm diversification integrator works with farmers in Tamil Nadu, Telangana, and Andhra Pradesh, and Till now has raised Rs 2 crore from some angels in West Asia.
Future Plans Of Aqgromalin
Aqgromalin aims to set up 500 “ready to implement micro-farms” in Tamil Nadu, Telangana, and Andhra Pradesh. The agritech startup also aims to ensure that its 600 partner farmers at least double their household income.
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