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Farm Infinity is a digital platform to facilitate easy access to affordable financial services like farm loans, crop insurance, livestock insurances to the small and marginal farmers and agribusinesses of India.
Basic Information
Farm Infinity is a digital platform to facilitate easy access to affordable financial services like farm loans, crop insurance, livestock insurances to the small and marginal farmers and agribusinesses of India. The company, Farmeasy Technologies (P) Ltd., aims to provide a proprietary algorithm to determine the credit worthiness of farmers by evaluating individual parameters. The platform determines the credit worthiness and risk assessment scorecards to banks, MFIs, NBFCs and insurance companies can so they provide better financial services to farmers and agribusinesses by reducing the risk of non-performing assets and improved repayment of the loan.
Legal Name
:
Farmeasy Technologies (P) Ltd.
Headquarters
:
Guwahati, Assam, India
Business Model
:
B2B,  B2B2C  
Founding Date
:
2020
No. of Employees
:
<10
Core Team
:
1.  
Gunajit Brahma
Co-Founder
2.  
Alok Ekka
Co-Founder & CEO
Timeline

2020

Company Incorporation

Jan | Company Incorporation

Accelerator / Incubator Program

Feb | Accelerator / Incubator Program

Incubated at Assam Startup, Govt. of Assam

Product Launch

Aug | Product Launch

Beta launch of our mobile app, Farm Infinity in Google Playstore

2021

Advisor Onboarded

Feb | Advisor Onboarded

Onboarded Mr. Samir Baruah, retired Corporate Banker, and Mr. Vinay Peshwa, ex-Infosys as Advisors

Target Market
B2C
Our B2C product is a mobile application for smallholder farmers of India, which has access to basic smartphone. The product is India's first credit worthiness scorecard for smallholder farmers and agribusinesses of India.
User Age
:
26 to 34,  35 to 45,  46 to 60  
User Income
:
Lower Income,  Lower-middle Income,  Upper-middle Income  
Location
:
India  
B2B
Our B2B product is Banking-as-a-Service (BaaS), which is a web-based dashboard for BFSI Sector. The lending platform is accessible for Agribusinesses, Agri-tech companies & NGOs as well.
Client Segment
:
Financial Services,  Agriculture,  AgriTech,  Analytics & BI,  Insurance,  NGO/Non-profit/Social Impact,  FinTech  
Target Companies
:
Medium Enterprise,  Large Enterprise  
Target Geography
:
India  
Funding
Investors
:
1.  
Assam Startup, Govt. of Assam
Detail Round Breakdown
Round 1
Round 2

$66.73k

Series Name
:
GRANT
Date
:
6th Jun 2020
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