Even farmers begin to pay through digital modes
: March 10, 2017
Demonetisation has pushed many farmers to go digital. Platforms like TheAgrihub, AgroStar, BigHaat, and RML AgTech that provide services and products to farmers say there's been a significant increase in payments done through debit cards, credit cards, netbanking and other digital modes.
BigHaat, an e-commerce platform that sells agricultural products including seeds and fertilisers, has seen its online payment transactions grow from 5% of overall transactions six months ago, to 30%. Over 5,000 farmers, mainly in Punjab, Maharashtra, and Chhattisgarh in the north and Karnataka, Tamil Nadu and Andhra in the south, transact on it. More details..
Agricultural e-commerce startup BigHaat secures funding from Ankur Capital
: December 23, 2016
BigHaat, a Bangalore-based agriculture e-commerce startup, has received investment from Ankur Capital, an early-stage VC firm which backs innovative projects in agriculture, healthcare and education.
Rema Subramanian, Co-founder & Managing Partner, Ankur Capital, said,
"We are excited about technology playing a key role in improving efficiency and transparency in agri-input distribution systems for farmers and are thrilled to back a great team at BigHaat."More details..
BigHaat secures funding to connect farmers directly with seed suppliers in India
: December 22, 2016
Ankur Capital, an early-stage VC fund focused on backing innovations in agriculture, healthcare and education, has invested an undisclosed sum in Bangalore-based BigHaat, an agri e-commerce startup.
Established in January 2015 by Sateesh Nukala, Sachin Nandwana and Raj Kancham, BigHaat is a supply chain technology platform that connects the farming community directly with the suppliers. The platform not only ensures listing of the products, but also connects buyers with the suppliers for post-sale support.More details..