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Agritech firm BigHaat Agro Pvt Ltd plans to expand its engagement with farmers in Rajasthan helping spices growers to produce for the export markets using quality inputs. The company, which is engaged with chilli growers in Andhra and Telangana, recently started training FPOs in Karnataka to help farmers enhance quality of their produce.
“We are expanding the farmer training initiative to Rajasthan to help spices growers tap both domestic and export markets,” said Sachin Nandwana, Director and Co-founder, BigHaat. The agri-input marketplace, which has a hub in Bengaluru, is establishing another one in Kota and is looking at expanding its training activities in Rajasthan.
Big Haat, which started off as a vendor of agri-inputs online, uses full stack digital platform to capture data and monitor consumer behaviour and cropping patterns, provides advisory and help farmers practice integrated pest management.
Expansion
BigHaat plans to expand its farmer engagement initiative to growers of spices, grains and pulses, Nandwana said. Last year, the company had engaged with spices farmers in an area of about 6,000 acres for enhancing the quality of produce using quality inputs such as green molecules. “We plan to expand the initiative to around 12,000 acres this year and possibly go up to one lakh acres in about five years,” Nandwana said.
BigHaat has been helping companies such as ITC, Olam and Suguna source farm products like chilli and maize. “Our major focus continues to be the online sales of agri-inputs such as seeds and nutrients,” Nandwana said adding that diversification into post harvest related services is part of company’s plans to help farmers with market linkage. BigHaat serves to the growers’ demand in over 17,000 pin codes across the country and has an engagement with over 2.5 million farmers every month. “We have seen six-fold growth during 2022-23,” Nandwana said without divulging the revenue. The eight year old firm has, so far, raised over $20 million from investors such as Beyond Next Ventures, Ankur Capital and JM Financial Private Equity.
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