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Podcast - Diving Deeper into Farm IoT with Yuktix

Updated: Apr 9

The success of Agritech is critical for India. That’s because the Agriculture sector of India is a source of livelihood for more than 50% of the Indian population and contributes over 15% to the GDP of the country. But the Agri scene is not all sunshine and monsoons. We’re talking reducing productivity, weather tantrums, chemical overload, and a market more fragmented than a broken papad. So, we decided to dive headfirst into India’s Agritech value chain to break down – what startup founders have been creating and how it’s impacting Indian farmers, and of course to get more people talking about it.


In this episode, we dive deeper into the Farm IoT space with Shailendra Singh, co-founder of one of India’s first Farm IoT startup Yuktix, that has developed several IoT devices for Indian farms. Shailendra passionately talks about the need for such devices, the impact they can create on the ground, how their venture whipped up novel solutions, and where the sector is headed. So, grab a cup of coffee and dive right in…


In this episode, we talk about:

  1. Devices created by Yuktix

  2. Problems being addressed by IoT devices

  3. Knowhow and financial capability of Indian farmers to adopt such solutions

  4. Go to market strategy

  5. Product development journey of Yuktix

  6. Impact created by Yuktix so far

  7. Market fit of products created by Yuktix

  8. Differentiation among different IoT players in India

  9. Providing other solutions along with IoT

  10. Message to agritech entrepreneurs and agritech investors

 

Explore our research on India's Agritech Sector here:

 

This article is a part of the Mar'24 edition of our Startup Newsletter. Here's the complete publication:


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