AK Surya Power Magic, a Coimbatore-based technology
start-up that focuses on the farming sector, has launched “Gold Farm”, a
mobile application that helps farmers get farming equipment on rental
basis.
Karthic Ravindranath, director and co-founder of Gold Farm, and Abhilash Thirupathy, its director and co-founder, told
The Hindu
that the company had helped more than 500 farmers install solar powered pump sets for agriculture activities.
About
a year ago, it launched a single platform that helps farmers connect
with the equipment providers. It has worked with farmers in Karnataka
and will focus on that area for the next six months. “Currently, we have
15 equipment providers. We will aggregate additional 65 tractors and 50
farm equipment,” said Mr. Ravindranath.
The
machinery has been made available throughout the year at competitive
prices. The company uses a fully-integrated Internet of Things (IOT)
based technology to enable the hiring services. It helps the service
providers as there is a demand for the equipment throughout the year. It
benefits the farmers as it helps them mechanise farming activities at
affordable prices and reduce wastage. This is available to all farmers,
irrespective of the extent of area under farming, and they can use the
application even without internet connectivity, said Mr. Thirupathy.
Farmers
need to download the app, which is available in the local language of
the State and book the tractor and implement on their own or call 78877
78877 or through facilities provided at a nearby post office. The
company has tied up with the Postal Department for this purpose.
“So
far, we have reached around 15,000 acres of tractor service across four
States. In the next five years, we expect another five million farmers
to be serviced,” said a press release from the company, which has so far
received half a million dollars investment from Infuse Ventures.
Source: The Hindu
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