RMSI Cropalytics wins Best Agri Startup in Application of Digital Technologies at FICCI Agri Start up Awards 2021

RMSI Cropalytics has been recognised as Best Agri Startup in Application of Digital Technologies at the FICCI Agri Start up Awards 2021.

RMSI Cropalytics is a subsidiary of RMSI, a global leader in geospatial and engineering solutions. These solutions address global issues of climate change, natural calamities, human habitation, food security, autonomous transportation, smart utilities and networks. Digital Technologies at FICCI

On winning this prestigious award, Roli Jindal, Co-Founder RMSI Cropalytics, said, “RMSI Cropalytics is focusing on validating the accuracy of its crop yield estimates at high resolutions using deep technology. Our aim is to do this at scale and in near real time.”

Pushpendra Johari, Director RMSI Cropalytics further added, “We at RMSI Cropalytics are happy that our efforts towards applying path-breaking technologies for reducing the farmer stress have been recognized by FICCI as part of the awards. Identifying farmers in distress has always been a challenge and we hope that our innovative interventions help to fill this gap.”

Currently in its third year, FICCI Agri Start-up Awards saw participation from 85 Agri Start-ups from diverse segments of agriculture. The awards selection process was extremely competitive, wherein the participants were evaluated through a three-tier assessment process by an eminent jury panel from the Agri sector. Finally, 26 Agri Start-ups were rewarded for bringing potentially transformative solutions to enable a change in the Agri world.

The award also featured eight other categories including Most Innovative Agri Start-up, Best Agri Start-up for embracing farm prosperity, creating social impact, FPO Partnership, Industry Partnership, Top Agri Innovator in Covid Times, Business Excellence Award for Agri Start-ups, and Emerging Agri Innovator.

The e-awards were announced in the esteemed presence of B. C Patil, Hon’ble Agriculture Minister, Govt. of Karnataka.

Addressing the virtual session, Shri. Patil said, “Agriculture has been rapidly evolving into agri business in terms of approach and structure. Agri start-ups can provide missing links in the agricultural value chain and deliver efficient, innovative products, technologies and services to farmers and consumers.”

“The FICCI Award recognises the best of the best, but each applicant is a winner,” said Dilip Chenoy, Secretary General, FICCI. “The agriculture ecosystem is witnessing a wave of entrepreneurship with disruptive and futuristic ideas. FICCI is committed to the development of agri tech sector for the last three years,” he added.

RMSI Cropalytics was formed to address the emerging needs arising from the rapid growth of institutional financing of the agriculture sector through crop loans and crop risk financing (insurance), which requires comprehensive and well-organised data and analytics. RMSI’s innovative PInCER (Profiler for Insured Crop Exposure and Risk) is a comprehensive Crop Insurance Management platform that provides the government, crop lenders and insurers with information and analytics required to set up and manage consistent and efficient operations in the agriculture sector using satellite, drone and AI/ML technologies.Digital agritech

Headquartered in Noida (India), the company has its operations spread across all states. It combines advanced modeling, machine learning, and crop and meteorological domain expertise to provide solutions to decision-makers in government, crop insurance, agriculture input sector, banking, commodity trading and social sector.

RMSI Cropalytics has grown remarkably since its inception in 2019. One of its major achievements is being selected by the Ministry of Agriculture and Farmers & Welfare (the Government of India) to execute satellite imagery-based crop yield estimation. The company has a team of multi-disciplinary professionals including meteorologists and agriculture scientists. The company has also executed satellite-based crop health tracking and yield estimation for several districts in India. Its user-friendly platform forecasts crop-wise yields and productions for both the cropping seasons for more than 700 districts.

 

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