Priyanshu Jain’s Post

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Agri-tech Innovator | Founder of Agri Joy | Sustainable Business Strategist | Exploring New Horizons in Business and Technology

Folks, We are delighted to announce that Agri Joy has secured debt fund of INR 30 lakhs from Tides, IIT Roorkee, under the Government of India's Startup India Seed Fund Scheme (SISFS). This fund will act as a catalyst for our go-to-market strategies and enable us to scale our sustainable hydroponic farming solutions more efficiently across India and globally. The agricultural sector in India, which employs over 41% of the workforce (NITI Aayog, 2022), is ripe for technological disruption. Hydroponic farming presents a promising solution to address challenges of water scarcity, land degradation, and the need for higher crop yields. However, adoption remains low due to factors like high initial costs and lack of awareness. With this influx of capital, we plan to invest heavily in expanding our sales and marketing efforts, establishing robust distribution networks, and fostering strategic partnerships. This will allow us to increase awareness, accessibility, and adoption of our innovative hydroponic systems among farmers, especially in water-stressed and land-constrained regions. Simultaneously, a portion of the funds will be dedicated to enhancing our R&D capabilities. Our goal is to continually improve system efficiency, automation, and tailor solutions for diverse agricultural contexts, ensuring we stay ahead of the curve in this rapidly evolving domain. Interesting part is, India has the potential to meet 49% of its fresh vegetable demand through hydroponic cultivation (FICCI, 2019) With this strategic funding, we are well-positioned to capitalize on this burgeoning market opportunity, driving sustainable agriculture practices, improving resource efficiency and boosting farmer incomes across the nation and beyond. We are grateful to IIT Roorkee and the Startup India initiative for their support and excited to embark on this transformative growth journey! #sustainableagriculture #hydroponics #startup #growthfunding Agri Joy TIDES, IIT Roorkee Startup India CEO, TIDES IIT Roorkee Rajiv Bose

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Raj Thakur 🚀

22 | Founder @Your AgriStory & AgriHunars | Agri StoryTeller | Agriculture Recruiter | AgriStartup Funding | Student Ambassador at Pusa Krishi | Open for Promotion & Collaboration | 2 Lakh+ Followers on Krishify App

8mo

Congratulations Priyanshu Jain

Basit Afzal

Specialist in Water Management | Micro-irrigation | Climate action | Artificial glaciers | Renewable energy | Agri-business | Sustainability

7mo

Congratulations

Congrats Priyanshu. Agri joy will surely get a push with the funds. Wish you all the best.

Sivakumar Srinivasan, PMP

Indext Options Trader and Project Management Professional.

8mo

congrats Priyanshu.

FT Soumyadeep Maity

Let's make health a priority | Thoda business aur finance ka kida bhi hai, but food remains my first love | MBA in the making 🎓 | Food Technologist 🍴 |

8mo

@Congratulations on securing the debt fund, Priyanshu Jain! It's great to see Agri Joy taking steps towards sustainable agriculture practices and addressing challenges in the sector. Excited to see how your innovative hydroponic systems will make a positive impact on farmer incomes and resource efficiency. Best of luck with your go-to-market strategies and expansion efforts!

Dr Juhi M Garg

Founder & CEO - DivIn Pro I SDG 05 Goalkeeper Awardee I Founder & Trustee - DivIn Pro Foundation I Mentor of Change - Atal Innovation Mission, NITI Aayog I State President- Startup Council, WICCI

8mo

Many congratulations Priyanshu. Keep rising keep shining

CEO, TIDES IIT Roorkee

Official Profile of Chief Executive Officer TIDES BI, IIT Roorkee

7mo

Congratulations Priyanshu Jain and all the best !

Impressive milestone, congratulations! To further amplify your growth, consider leveraging predictive analytics for hyper-targeted marketing campaigns and exploring partnerships with agri-influencers for deeper market penetration.

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Qaisar Hamad

Agriculturist, Entomologist , Grower ,

5mo

Sir, let's cinnect

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