Growth of Agri Start-ups in India

Abstract

Agricultural start-ups in India are still at a embryonic stage, with about 300 agripreneurs trying to solve compound emerging problems in the Indian agribusiness ecosystem. The mutual revenue of all Agritech start-ups in India is estimated to be less than 100 million USD, which is a drop in the ocean in a market value more than 350 billion USD.Thus, the opportunity to scale and disrupt is huge.India has made a strong name for itself in the global start-up hamlet. It ranks amongst the top five countries in the world in terms of number of start-ups founded. It is approximate that India houses around 4,200 start-ups, creating more than 85,000 employment opportunities. By 2020, the number of start-ups in India is anticipated to increase to more than 11,500, with job creation from these entrepreneurs reaching 250300 K by 2020. This paper mainly focuses on growth of Agri startups and   how new startups support for Agriculture development India.