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TLabs launches MandiApp, platform for agri commodities’ purchase, sale
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Friday, 13 October, 2017, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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Santosh Kumar, founder and chief executive officer, MandiApp, has launched the agri-tech start-up of the same name, which has been incubated by TLabs for six months. It is a platform which facilitates the purchase and sale of wholesale agri-commodities, such as vegetables, fruits, spices, cereals and pulses, along with transportation.
It aggregates data at multiple levels to help buyers and suppliers understand the availability and rates at different locations. The data captured contains such details as the quality, quantity, price, etc., helping the trading parties in hassle-free decision-making.
MandiApp will help to create a private network for users enabling them to get notified for any events occurring in their private network.
It will also help to find out mutual connections between any two parties, thus helping them to build the trust before transacting. This will help to build a healthy network and close the communication and trust barrier.
The agri-tech start-up will not only offers news, reports and availability of the agri produce, but will also provide additional services of transport to facilitate the entire transaction.
Kumar was of the belief that rural and urban entirely revolved around the extent of the population’s engagement in the farm sector, and this engagement was mainly hampered due to the lack of information of agricultural produce and credible knowledge.
Thus, this idea of a mobile app and portal, that would cater to the needs of both the farmer and trader, emerged, combined with his dream to bring the whole community together.
Kumar said, “After exploring the mandis and market yards across India, I realised that there was a dire need for the people to reach out to the right market and get updated about the complex dynamics of the market.”
“Agritech is a burgeoning field globally, with many innovations and advancements taking place at a rapid pace and fundamentally reshaping how we farm, cultivate crops and rear animals,” he added.
Kumar said, “Currently the agri-tech industry in India presents the opportunity to create sustainable economic growth and establish ourselves on the world stage, and now with the government supporting agri-tech start-ups is a boon for the industry. We are very thankful to TLabs for their support and helping us achieve our goals.”
Abhishek Gupta, chief operating officer, TLabs, said, “MandiApp is a very innovative platform addressing the last-mile and grass-root problems by connecting buyers and sellers of agri-produce across India.”
“The platform does not only facilitate connecting, procuring and selling between the right vendors, but also ensures the right transportation options for the best value in the entire transaction,” he added.
MandiApp is currently an app-only platform, having over 10,000 users, with over 500 unique connections made every day between buyers and sellers and about 1,000 transactions done monthly.
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