Agri-tech Startup OneBasket To Unveil Two New Offices

Mumbai, May 23 : Hyderabad-based agri-tech startup, OneBasket on Sunday announced that it is planning to open two new branches in Bengaluru and Chennai by August 2021.

 Agri-tech Startup Onebasket To Unveil Two New

The total Investment expected in opening these branches along with strengthening their online presence is Rs 2 crores, the company said in a statement.

“We are excited to enter these markets ahead of the scheduled time.With an overwhelming response to our platform, we are glad to bring the much-needed difference in the agriculture sector in India,” said Madhusudan Reddy, founder, OneBasket.

It is present virtually through a website and a mobile app and has a physical office in Hyderabad presently.

The OneBasket app uses Artificial Intelligence (AI) and image-based traceability to ensure standardisation of agri products.

Farmers can sell directly to customers, ensuring complete authenticity and traceability all the way — from the type of seed selected, to the milling process and storage conditions, the company said

In a short span of one and a half years from starting operations, OneBasket has become a bridge between farmers and consumers, where the farmers that are on the platform are directly receiving orders from the consumers, it added.

The company said it is addressing the supply-demand gap in the non-perishables segment and is creating a win-win situation for farmers and consumers alike