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AI Blockchain Agritech entity to enter UAE

World’s leading AI and Blockchain agritech company Agri10x is aggressively working towards boosting its GMV to INR 1,000 crore in the next two years. It has already crossed INR 100 crore GMV in less than a year. Agri10 offers a one stop marketplace for harvests and is interested in expanding from India to the rest of the MENA region including UAE.

Agri10x, blockchain-enabled, farmer e-marketplace eyes Rs 1,000 crore
Agri10x, blockchain-enabled, farmer e-marketplace eyes Rs 1,000 crore

The digital platform offers transparency, traceability and sustainability. Leveraging blockchain, the platform enables seamless transactions between supply chain participants that helps bring down the cost significantly. Attractive features like instant payment, quality assaying, competitive pricing, warehousing and logistics support has made Agri10x platform an instant hit amongst farmers, FPOs and traders. The platform also provides simplified payment solutions to ease the trade of agricultural products and services.

The company is exporting a wide range of locally produced premium quality fruits, vegetables, grains, pulses, dry fruits and spices, thus earning recognition for Indian farmers and their produce, on the global front. the agtech company is expanding its local base across various regions including Maharashtra, Madhya Pradesh, Delhi, Andhra Pradesh, Telangana, Tamil Nadu, Bihar, UP, Jharkhand, Karnataka and Tripura to name a few.

Agri10x is especially steadily increasing its foothold in various Southeast Asian and Middle East countries including Dubai, Singapore, Malaysia, Qatar, Dubai, Oman, Cambodia and Indonesia.

“We are happy to announce that our business is steadily growing that offers value propositions to farmers. We are excited about India’s agriculture economy that is stimulated due to the digital transformation and infra development in rural India. We will continue to focus on value creation and ease of doing business in the modern global village,” said Mr. Srinibas Swain, CGO, Agri10x.

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