The funding will enable the Indian startup to take its rapid soil testing kit and analytics services to the country’s 130 million smallholder farmers.
Covid-19 has wreaked havoc on the restaurant industry leaving many farmers dependent on wholesale accounts without a place to sell harvests.
Small farmers reliant on restaurant and direct-to-consumer sales are feeling the financial impact of Covid-19 with little end in sight.
The region’s smallholders are increasingly active users of mobile tech, according to a new study – but adoption of solutions developed specifically for them remains low.
“One of our first farms in Detroit went from $10,000 in revenue to $80,000 in revenue from our funding. It unlocked so much growth,” Steward CEO told AFN.
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