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Daily Markup 808: FarMart launches Saudabook to modernize and automate Indias food processing & manufacturing industry

2023.08.15

500 Global Team

500 Global Team

Photo credit: Agriculturepost.com

Leafing to a new chapter

  • Many of the over 3 million food processing businesses in India are family-owned, and have limited tech adoption to automate and manage complex supply chains and distribution.
  • 500-backed agritech Farmart hopes to change that with Saudabook, a tool that gives access to its own ERP (FarMartOS) to thousands of food processors and manufacturers across India. By empowering more with intelligent procurement processes, the team can help businesses achieve enhanced quality and delivery controls.
  • FarMart has built data and commerce products to establish a direct farm-to-business supply chain of high-quality and verified agri-produce for over 3.2 million farmers, 250,000 village-level aggregators, and over 2000 processors and large food businesses that purchase from the platform.
  • “With SaudaBook, we envision an inclusive and prosperous food economy, where every stakeholder benefits from technological advancements. We firmly believe that digitisation holds the key to doubling the food and agriculture contribution to our economy, elevating farmer incomes, and ensuring the world’s access to safe and nutritious food.” – Alekh Sanghera, Co-founder and CEO of FarMart.
  • Learn more here.
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