Farm Haat

Main problems of farmers are right consultancy
  • Sector Agriculture, Consultancy, Agri Input, Seed, Fertilisers, Crops, Farmers
  • Country India
  • Founding date June 2018
  • Stage Prototype
Farmers are often in a shortage of proper guidance and information. The Farm Haat bridges the gap between the Farmers and support by providing the consultations and insights about farming and provides a helping hand in getting the agricultural input.

General

Sector
Agriculture, Consultancy, Agri Input, Seed, Fertilisers, Crops, Farmers
Category
Consumer
Product usage or interact
Mobile/Tablet (Android))

Business

Target customer
Our target customer is farmer who is looking for right consultancy.
Customer acquisition strategy
Social Media and one to one contact through personally
Revenue model
Main business of Farm Haat is consultancy with supply of Agri-input so consultancy is free and revenue will be generated through sale of Agri-input. Farm Haat is Planning to acquire 10000 Farmers in next one year with purchase of Rs. 10000/ so that revenue is generated Rs. 10,00,00,000/- if we calculated 10% of profit from revenue then we can expect Rs. 1,00,00,000/- with before tax in first year.

Market info

Market size
$7,000,000,000
Competitors
Competitor name
Competitor website
Competition
Big Haat is main competitor for us but there not existing in my geography so competition is less
Startup traction
We will target 10000 farmers with annual agri-input purchase of Rs. 10000/- so first year revenue will be 100M INR and $1333333. If we calculate profits @ 10% will be 1M INR.

Total early investment
$300,000
Shareholder structure
Owner type
Name
Equity
Puneet Tripathi
Founder
% 50
Prity Kumari
Co-Founder
% 50
Investment round
Angel Investment
Investment amount
$300,000
Equity on offer
% 10.0

Team

Farm Haat Tripathi  - India
Total team member
3
Comment
Last update: 15.09.2020