Mooofarm is a startup company that offers infrastructural solutions for dairy farmers who will use the fresh and raw to hire the top tech talent who are young, educated people who can guide farmers.
How will the farmers benefit from these?
The benefits can significantly be marked as two things: growing revenue and an expansion of operational locations.
Let us know the finding year and the founders
In the year 2019, Param Singh, Aashna Singh, Abhijeet Mittal, and Jitesh Arora, a team of young enthusiastic souls, wanted to bring about a lucrative development in the dairy milk industry.
With noteworthy international-level experience and a degree, the team wanted to do something for Indian farmers, hence the birth of this amazing startup. All of them are alumni of renowned colleges and universities, which helped them to work.
How does the company work?
The company has a few goals to concentrate on and so works accordingly.
● The company that focuses on productivity through financial upgradation and profitability will be the winner. Later on, profitability empowers small-scale dairy farmers, and they will be interested in working more efficiently in the long run.
● They wanted to make connectivity through different benefits granted like – high yielding cattle and qualified veterinarians.
They also provide access to insurance or financial services and digital advisory services through a modern way, i.e., a mobile app making a network of village-level micro-entrepreneurs.
Achievements and Awards
- Winner of world Bank Agri- insure tech challenge 2019
- MOU signs Mooofarm NDDB and government of Maharashtra
- Mooofarm joins world economic global innovators community
- Mooofarm has a mobile application that can connect farmers to the Mooofarm team.
- Mooofarm selected among Netherlands Rockstart Agri-Food Program 2020
- The most innovative idea of the year by Tiecon and startup Punjab 2018.
- Microsoft artificial intelligence for earth grant in 2019
Mooofarm fundings
MoooFarm has raised $2.4 million in a seed round, which means initial level funding led by Accel India.
They also generate funding by participation made by the Rockstart’s AgriFood fund, and Navus Ventures also helps the funding through their participation.
Mooofarm mobile application
Since, Mooofarm is completely dependent on the mobile network system, it has an application that keeps connectivity alive.
So approximately, the mobile application has over 1 million downloads by dairy farmers from more than ten states in India.
Future endeavors and goals
MoooFarm is setting up a system called the pre-farm gate for the dairy sector in a large and unexplored market that needs to be explored and made productive and worthwhile.
It comprises almost 4.6% of India’s gross domestic product (GDP).
Conclusion
Today, after so much achievement, the company aims to establish itself through trust and the farmers’ mindset of business. Today it has a total funding of $100k, with which the startup wants to grow and give a comfortable life to all the farmers of India.
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