Know how Weather Risk Management Services helps small farmers boost yield
Weather Risk Management Services provides a range of tech-driven input advisory services to farmers. By doing so the startup helps farmers boost yield, backing it with guaranteed purchase of their produce. With agriculture employing 54.6 percent of the workforce in India, many farmers rely on weather forecasts to make better agricultural decisions such as planting crops on time. Smallholder farmers, in particular, rely on precise weather information since unexpected downpour or other extreme weather conditions can lead to financial devastation. Weather Risk Management Services (WRMS), an agritech business established at IIT Kanpur, claims to be well-positioned to meet the demands of this market. The Gurugram-based firm, founded in 2004 by Sonu Agrawal, Anuj Kumbhat, and Ashish Agarwal, has fine-tuned its solutions for the Indian agriculture sector over the previous 18 years. It began by supplying weather forecasting services to insurance firms, which used it to create crop i...