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We are a one-stop platform for 80M Dairy farmers in India to become lifelong partners in their growth and prosperity. DGV MONEY provide access to digital dairy loans for milk societies & dairy farmers. DGV CONNECT is an integrated marketplace platform for dairy ecosystem with embedded digital finance options. DGV Digital Insurance for unique muzzle identification & health scorecard using AI/ML for bovines. we aim to Nurture Entire Dairy Eco System thereby enhancing the Livelihood for Dairy Farmers by our integrated & digital interplay within the platforms
If we need to multiply the farmers income then dairy provides us the best avenue to increase their disposable income. We first identified the cost & delay in accessing payments to the milk farmers and simplified the payment value chain through DGV PAY. Then we started addressing the basic banking needs & customized savings account for farmers, current account for milk societies. Through DGV MONEY we simplified digital diary loans & insurance for milk societies & farmers. The direct integration with ERP systems across the dairy value chain DGV created an unique underwriting mechanism to facilitate Digital dairy loans for the dairy farmers. Being a very niche area, it was quite a task to build a business model around dairy alone. On the other hand we also knew we had to be specialist instead of being generalist, so dairy as outlined in our discussion dairy contributes 30% of agri GDP & 6.5% of over all GDP. So we focus all our energy & time in hyper specialising this vertical in a mass market play. Unique Preposition of us- I. Complete digital journey which ensures end use check II. Seller side financing III. Hyper focused on dairy as a sector IV. Providing Door-step banking services
B2C
Dairy farmers
User Age
:
18 to 25,
26 to 34,
35 to 45,
46 to 60
User Income
:
Lower Income,
Lower-middle Income,
Upper-middle Income,
High Income
Location
:
Total Funding
$10
Investors
:
1.
Info Edge ventures
2.
Omnivore
$3.1M
Series Name
:
SEED
Date
:
16th Nov 2021
Investors
:
1.
Info Edge ventures
2.
Omnivore
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