Big relief to farmers, no need to buy agricultural equipment!
There is good news for 80 percent small farmers of India. Now they will not have to buy agricultural equipment from sowing to harvesting in the field. Farmkart, a start-up associated with the field of agricultural innovation, on Wednesday forayed into the field of providing farm equipment on rent with the launch of technology platform Rent4Farm. The company said in a statement that 'Rent4Farm' will help farmers to rent high quality machinery and equipment at competitive rates. In the first phase, Farmkart has started providing rental services in 200 villages near Barwani, Madhya Pradesh, in partnership with 100 certified equipment suppliers.
Atul Patidar, Founder & CEO, Farmkart said, “We launched Rent4Farm in mid-June this year and the response has been overwhelming. Now, we are expanding the facility to a wider area and hope to serve at least 10,000 farmers.” He said that by the end of 2021, the company plans to reach 20,000 farmers across 3,500 locations, with a fully operational mobile application. Presently more than 1,00,000 farmers are associated with Farmkart. He said that Farmkart's products and services are available in 3,500 villages of Madhya Pradesh and the company is in the process of expanding its reach in other geographies as well. Farmkart's head office is in Barwani, Madhya Pradesh and its strategy team is based in Toronto, Canada.
