Ayekart partners with Chinnayya Adivasi Vikas Sangham to enhance productivity of rural FPOs in India

2024-10-28 08:01:16 News & Society

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India, 2ndAugust, 2022:With an objective to uplift the smallholder farmers with an improved income and stability, Ayekart, India\'s First Integrated tech platform undertakes a memorandum of understanding with Chinnayya Adivasi Vikas Sangham (CAVS). The MOU is signed in order to establish a strategic collaboration between both the parties in developing a partnership for financially supporting and upgrading the growth of tribal farmers to improve their income. Furthermore, the parties look forward to work on various projects like nutrition, improved agricultural practices, and millet-based interventions for reforming and improvising the lives of the rural farmer communities in a co-bidding way, leveraging network, finance, supply chain solutions, and other services to them.

Aligning with the vision of our Honorable PM for 10000 FPO, Ayekart and CAVS will dedicatedly support FPOs and MSMEs to make them the major contributor to the socio-economic development of India.

Elucidating the objective of this MOU, Mr. Debarshi Dutta, Co-founder & CEO, Ayekart said,?We look forward to work in accordance with CAVS, this partnership will provide us a platform to extend our basket of services through Technology, Finance,management, linkages, etc.This partnership will help us leverage the core network, financial solutions, and supply chain solutions. Thus, providing the farmers complete assistance with regard to cultivation so as to curb loss and maximize their profits. We look forward to bridging the gaps that will improve various means of livelihood. To benefit farmer communities furthermore, we are also trying to procure funding through CSR, NGO, and government bodies to help boost their productivity and enhance their business.?

Advancement in technology and funding assistance will provide the required assistance to such small and marginal farmer communities in rural India. Technically upgraded all devices and precision agriculture will help farmers? produce to be more profitable, efficient, safer, and more environmentally friendly. Ayekart will create an end-to-end solution by digitizing, handholding, and providing funding to these farmer communities and providing all the required assistance.

Adding to Mr. Dutta?s Statement Mrs.Bhudevi President, Chinnayya Adivasi Vikas Sangham, said,?The joint efforts from Ayekart and CAVs are expected to improve the economic and social status of tribes from the region and strengthen FPCs / FPOs. The interventions from Ayekart in quality, formulae for new millet cooky variants, and improved packaging will help to find a marketplace in Supermarket & retail chains. The FPCs supported tribal farmers engaged in the cultivation of pineapple, turmeric, etc on hilly terrains, production of Jute bags, hill brooms,etc needs Ayekart?s support for hand holding,finances, collective marketing, value addition, and brand equity.?

This assistance will improve the profitability of such rural and marginal farmers of India, upgrading their livelihood, agricultural produce, and allied. Ayekart and CAVS will jointly develop a service rollout plan for providing them technical and financial assistance. The funding provided to them will eventually help them to increase their agricultural produce, growth, and significance in the market.

About Ayekart:

Ayekart is India\'s First Integrated platform which addresses the need of the Food and Agri Value Chain enabling traditional businesses technologically and financially while retaining and enhancing trust in their ecosystem by delivering efficiency and convenience. The platform aligns with the objectives of the Government to bring in the desired change in the SME, MSME, Retail segment by ?Empowering the Traditional Business? and helping in bringing transparency and credibility to the entire ecosystem. Ayekart is also engaged in the business by providing technology, finance and services powering B2B and B2C business along with supply chain management.Ayekart is doing its best by providing digitize, handholding and providing a platform to the traditional businesses, MSMEs, Retailers. It also enables Supply Chain Finance through financial institutions for pre-shipment finance, distributor / dealer finance Facilitate Manufacturers with new market linkages. While Ayekart has onboard over 10,000 MSMEs/ retailers and honoured over 130cr worth of transactions in its 1st year 2021-22.

With the Ayekart Platform suite, companies of all sizes and nature can streamline the supply chain, financial needs and related business processes. The workflow has access to controlled layers along with stringent approvals for monitoring of purchases and sales, wholesale and retail order status, generating orders, invoices, SCF options, delivery and collections. POs and Invoices are generated in the workflow and can also be imported/ exported from other accounting software.

About ChinnayyaAdivasiVikasSangam-

Established in 1996, CAVS is managed by Padala Bhudevi. She received the \"Nari Shakti Puraskar\" from President Ram Nath Kovind on the International Women\'s Day, working for women empowerment among tribals in the north coastal region of Andhra Pradesh. Hailing from ?Srikakulam district? and belonging to the ?Savara tribe?, she successfully motivated women to participate in agri-entrepreneurial activities and having its registered office at Sastrulepeta, Hiramandalam- Srikakulam.