- SBI Foundation in collaboration with Villgro, has initiated the innovators for Bharat programme,
- This initiative is designed to support 14 innovative agritech startups with an initial funding pool of INR 3.25 crore
- The program aims to tackle pressing agricultural challenges and address the impacts of climate change
SBI Foundation in collaboration with Villgro, has initiated the innovators for Bharat programme, which aims to provide both financial and technical assistant to 14 agritech startups
This initiative is designed to support 14 innovative agritech startups with an initial funding pool of INR 3.25 crore, unlocking a total of INR 6 crore in partnership with NABKISAN, a non-banking financial company (NBFC).
The program aims to tackle pressing agricultural challenges and address the impacts of climate change, ultimately benefiting smallholder farmers across the nation.
Sanjay Prakash, Managing Director and CEO of SBI Foundation, said, “SBI Foundation’s vision is to support early and growth-stage startups that tackle the challenges associated with agriculture and the impacts of climate change,” he stated. “
By promoting these tech solutions, we aim to improve the income of smallholder farmers and make their businesses more profitable and sustainable.
Together, we can drive meaningful change in the agricultural sector and contribute to a more resilient future.”
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The 14 agritech startups selected for this initiative include a diverse range of innovative firms focused on enhancing agricultural practices.
Among them are Bharat Rohan, RAAV Techlabs, Navork Innovations, Marut Drones, GreyMatter (Upaz), Carbon Masters, Raheja Solar, Ekosight, Pasidi Panta, Agrosperity (Kivi), Krimanshi, RuKart, GreenSupply, and E-Feed.
Read More: KIC 2025 Agritech Challange
These startups are committed to reducing post-harvest losses, utilising agricultural waste, and mitigating CO2 emissions, contributing to sustainable agricultural practices.