Ten finalists in the hackathon, conducted as part of AP AgTech Summit held here last month, will sign an MoU with the State government to replicate their success stories elsewhere across the State.
The startups after pitching their ideas won accolades from the farm experts, officials as well as Chief Minister N. Chandrababu Naidu.
Sources said MoUs to this effect will be signed shortly.
“We are very excited to work with such a pro-active government in improving the living conditions of the farmers. Our focus will be in providing value addition to the products grown in the State like tomato in Madanapalle area which go waste for want of cold storage and timely transportation to other areas,” Byan Lee, an American management graduate, who set up Krishi Star, told The Hindu .
Krishi Star, a startup which was started in Mumbai in 2014, focusses on popularising farm to fork business to held small and marginal farmers in rural areas by increasing farmer ownership of value chain and connecting them to higher margin markets.
Mr. Lee said they were building a network of farmer-owned food processing units and selling them under the Krishi Star brand to ensure inclusive development.
Manuring It, another startup which evinced keen interest to work with the State government, aims to empower farmers by reducing their losses by taking action on forecast of pest attacks and disease outbreaks using Drone/UAV based hyper spectral remote sensing, data analytics and machine learning technologies.
SatSure Analytics India, another finalist in the hackathon, wants to enhance the effectiveness of the entire agriculture value chain by enabling financial inclusion of the farmers through data driven insights, improving the efficiency of marketplace and the supply chain for farm input producers, traders and policymakers by creating unique risk management solutions that make use of multi-sensor data.
They will be using Internet of Things, satellites, drones, artificial intelligence algorithms to derive actionable intelligence.
An official of the Agriculture Department said all the startups would use latest advancement in technology to not only increase the yield but also ensure a higher price for the farmers.
