Shovidhyan

As per the media report by FNB News, As of 2020, the India Agritech Market contains 600-700 agritech startups. Based on revenue in FY2020, startups in the supply chain & output linkage category, such as Ninjacart, lead the business. Precision farming, consulting, and analytics startups are still in their infancy and confront revenue at scale. The crop is the market leader in precision farming. Aerostar was identified as the market leader in the input market linkage and farming as a service category. By FY2025, the market is anticipated to grow at a CAGR of 32.0 percent in revenue. Rising rural smartphone and internet penetration is projected to boost the country’s adoption of agritech solutions. By 2025, 410 million additional smartphone users are anticipated to join India’s present user base, with rural regions accounting for most demand. Geographical growth of agritech players to various states is also predicted in the future years. New competitors offering end-to-end solutions along the agricultural value chain are expected to enter the market in the future.