Rashtra NewsRashtra News
  • National
  • Business
  • Education
  • Entertainment
  • Finance
  • Insurance
  • Jobs
  • Sports
  • Stock Market
  • Technology
Notification Show More
Font ResizerAa
Rashtra NewsRashtra News
Font ResizerAa
  • National
  • Rashtra News Hindi
Search
  • National
  • Business
  • Education
  • Entertainment
  • Finance
  • Insurance
  • Jobs
  • Sports
  • Stock Market
  • Technology
Follow US
Rashtra News > Latest News > Press Release > Nazara Tech’s Founder Nitish Invests in RVCF Backed Agri-Tech Social Commerce Platform Freshokartz
Press Release

Nazara Tech’s Founder Nitish Invests in RVCF Backed Agri-Tech Social Commerce Platform Freshokartz

Rashtra News
Last updated: May 19, 2023 10:04 am
Rashtra News
Share
5 Min Read
Nazara Tech’s Founder Nitish Invests in RVCF Backed Agri-Tech Social Commerce Platform Freshokartz
SHARE


Freshokartz, a comprehensive agricultural services provider catering to farmers in Rajasthan, Madhya Pradesh, and neighbouring states, has successfully raised funding from prominent investors including RVCF, Real-Time Angel Fund, Nitish Mittersain (Founder and CEO of Nazara), Sreevasthva P (Founder and CEO of Servify), Marwari Catalyst, Siddharth Shah and others. The company has also announced the launch of India’s pioneering social commerce super app, designed specifically for village level entrepreneurs (VLEs), with the aim of providing entrepreneurship opportunities to aspiring micro-Agripreneurs in Rajasthan, MP and nearby states.

 







Left to right: Rajendra Lora (Founder and CEO), ChandraKanta (Founder and COO), Laxman Sharma (CTO) and Saksham Sharma (CBO)

 

Rajendra Lora, Founder, and CEO of Freshokartz, stated, “We have analysed the rural economy and developed a completely tech-based solution. Having served in the Agri Input and Market Linkages services for a considerable period, we have observed recurring engagements with our farmers. The initial traction we have witnessed with our VLE Super App has been phenomenal, with VELs Considering it as primary source of income. Our vision is to collaborate with over 500,000 VLEs in the next 4-5 years, reaching more than 5 million farmers.”

 

Freshokartz focuses on addressing the needs of over 100 million Indian farmers who have been underserved due to a lack of innovation at the farm level. While online platforms typically cater to metropolitan areas and select tier 2-3 cities, farmers in remote regions are often overlooked and reliant on traditional solutions, resulting in higher costs.

 

Through Freshokartz Saarthi’s (Village Level Entrepreneurs), the platform establishes an efficient channel to serve these farmers. VLEs act as intermediaries between farmers and Freshokartz, assisting with customer acquisition, product and service awareness, and order placement through the Saarthi mobile application.

 

The platform empowers thousands of individuals to start their small businesses from the comfort of their homes without any initial investment. It also enables businesses to reach farmers in the last mile, bypassing traditional supply channels. Freshokartz caters to various agricultural needs, including Agri inputs, financial products, Agri equipment, farm machinery, tractors, insurance, market linkages, and crop advisory services.

 

Currently, the company collaborates with more than 15,000 VLEs in Rajasthan, Madhya Pradesh, and nearby states, connecting with over 500,000 farmers. Freshokartz boasts over 50 partners who collaborate to distribute their products to farmers through these VLEs. Remarkably, VLEs earn an average monthly income ranging from 5,000 to 15,000 INR, with the potential to earn up to 25,000 INR.

 

Freshokartz aims to onboard more than 100,000 VLEs, thereby serving over 1 million farmers by March 31, 2024. The company is experiencing rapid growth, with the number of VLEs and farmers increasing 2-3 times every month.

 

Nitish Mittersain Founder and CEO of Nazara Tech said, “Founder’s Farming and technology background make them unique to solve farmers problem. Only technology can help in building a scalable model and Freshokartz current traction clearly show that they are growing in the right direction with multiple Agri Related services in a single platform.”

 

Additionally, Freshokartz is forging partnerships with various organizations, including UPL, BASF, Axis Bank, BankSathi, ICICI Lombard, Balwan, JCB, Jain Irrigations, GrowIT, Shakti Pumps, Solskean Energy, and others. These collaborations aim to offer a comprehensive platform that addresses all the needs of farmers, ranging from soil testing, Agri products, banking and financial services, cattle feed and care, crop advisory, and more.

 

For more information, please visit www.freshokartz.com.

Related

TAGGED: Agritech, and CEO, axis bank, backed, Balwan, BankSathi, BASF, Commerce, founder, FreshoKartz), GrowIT, icici lombard, invests, Jain Irrigations, jcb, Nazara, nitish, Nitish Mittersain Founder and CEO of Nazara Tech, platform, Rajendra Lora, RVCF, Shakti Pumps, Social, Solskean Energy, Techs, UPL
Share This Article
Facebook Twitter Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Surprise0
Joy0
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

A Comprehensive Guide to Transportation, Logistics, and Relocation Services Across Cities
Press Release

A Comprehensive Guide to Transportation, Logistics, and Relocation Services Across Cities

8 months ago
Natural Health to Gain Momentum in the Gulf
Press Release

Natural Health to Gain Momentum in the Gulf

2 years ago
Hexaware and Novelty Group Forge Transformative Joint Venture
Press Release

Hexaware and Novelty Group Forge Transformative Joint Venture

2 years ago
Knock on Wood Expands its Reach in Dubai’s Flourishing Residential Real Estate with Exquisite Turnkey Projects
IndiaPress Release

Knock on Wood Expands its Reach in Dubai’s Flourishing Residential Real Estate with Exquisite Turnkey Projects

2 years ago

About RashtraNews.com

We're your comprehensive news source, covering a wide range of topics to empower you in all aspects of life. From navigating the world of finance (market trends, personal tips, loans, mortgages, credit) and legal matters (attorneys, lawyers), to staying ahead of the curve in technology (advancements, automobiles, business news) and education (careers, job opportunities, classes), RashtraNews.com keeps you informed.

Latest Updates

  • What Should You Know Before Hiring PUNE Packers & Movers?
  • DSL Express Packers and Movers: Leading the Way in Safe and Affordable Relocation Services in Pune and Mumbai
  • Why Should You Hire Packers And Movers?
  • What Should You Know Before Hiring Packers & Movers?
  • DSL Packers and Movers in Pune: Setting a New Benchmark in Safe and Affordable Relocation
  • A Comprehensive Guide to Transportation, Logistics, and Relocation Services Across Cities
  • Global Markets in Turmoil Amid Rising Inflation and Escalating Trade Tensions

Helpful Link

  • Automobile77
  • Business4,347
  • Crime129
  • Education4,542
  • Entertainment58
  • Finance5
  • India9,623
  • Insurance3
  • Legal News6
  • Lifestyle21
  • Media News79
  • Medical Education1
  • Politics4,340
  • Press Release5,319
  • Software100
  • Sports3,095
  • Stock Market2
  • Technology3,180
  • Top Stories7
  • World2,907

Contact Us

To send your suggestions to "Rashtra News", email: [email protected]

To send articles, news, or your opinions: [email protected]
For Business and other enquiries: [email protected]

If you‘ find any violation of the editorial code of conduct or have any other complaint about the content or video content published on "Rashtra News"’, you can send your complaint to our Grievance Officer by clicking on the Grievance Redressal link.

Follow US
©2011-2024 rashtranews.com
  • About Rashtra News
  • Ownership & funding
  • Corrections Policy
  • Fact Checking Policy
  • Privacy Policy
  • Terms of Use
  • Subscribe Now
  • Become a Author
  • Partnership With Us
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?