Agribuddy

Region
Asia Meridional
Country
Last update
10/2022

Agribuddy is an input and market provider which uses an innovative platform to connect farmers to banks, agricultural inputs manufacturers and crop buyers/processors. Its revenues come from commissions generated through the facilitation services it provides to those institutions. 

The company's reach is in 2022 about 25;000 farmers in India, Bangladesh and Camodia.

Agribuddy works with farmers who typically own 1-3 ha of rice land and up to 5 ha of cassava land. By land size, about half of the farmers are low-income and the other half very poor and poor. 

The company cooperates with Forte Insurance to provide crop insurance to farmers, a scheme aiming at protecting the farmers unable to cover losses due to major weather events. They also started  a crowdfunding campaign after aflood occured in Cambodia in 2020 which impacted many small-scale farmers.