State of Agritech - 5th September 2023

Climate Change is taking the insurance world for a dizzy spin and farmers are struggling to manage the volatility and stay afloat.

In Today’s Edition:

1/Chinese Geopolitical Hunger Games

When you observe the Chinese Geopolitical Hunger Games, it brings forth a discomforting question: Is Chinese paranoia about food security stemming from its wartime planning? Or from shifting rural demographics?

2/ Indignant Ruminations on Indigo (the startup, not the natural dye)

After all, it’s unfair to blame Indigo when they are a victim of zero interest rate startup business models. Why the “factory system” of venture capital is making way for ‘quid-pro-quo’ funding games? Few comments on Indigo’s Valuation Nose-Dive Return to Normalcy in Valuation.

3/ Will ONDC raise the bar? (Hint: Agrifintech)

597 FPOs (Farmer Producer Organisations) with 601 products have been onboarded on the Government’s ONDC platform, backed by the Beckn Protocol which allows open network-based discovery and fulfilment between any producer and any consumer.

What will it take for ONDC to raise the bar and tackle hard challenges in price discovery in the perishable segment in Indian Agriculture?