The new face of Indian
agriculture is technology based entrepreneurship supported by incubators and
venture capitalists. Perhaps the need to connect research with adoption of
technology and step down from big box solutions have set the stage for
ideation, incubation and adoption of technology at individual and smaller group
levels.
Focus has been on the problem
solving quotient of the technology and its viability on ground and scope for scaling
up. A lot of momentum is set by public private partnerships with ICAR, leading
agriculture universities, IIT, and IIM playing a pivotal role in identifying
and incubating technologies and private venture financiers and incubators
financing and providing the much needed support at the nascent stage.
CII-FACE launched NAVI – Network of Agri Startups, Venture
Financiers and Incubators (www.ciiagtech.com)
during the CII Agri Technology and Mechanization Summit 2015 – Strengthening
Techno-culture in Agriculture held on 01 September 2015.
NAVI will provide an opportunity for Agri-startups to Pitch and Present their ideas; Venture
capitalists to pick up ideas for
financing and helping them build; Incubators to provide a platform to take off.
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