Firm is aggregating them into 25 tonnes batch, auctioning on its e-platform In its efforts to make the trade in agri commodities more organised, agri fintech firm Origo Commodities has come up with an initiative to set up shops for buying loose stocks with growers at farmer procurement centres (FPCs) in coordination with farmer producers
As an agrarian economy, around half of the Indian population is involved in agricultural activities. However, in the last few years, the sector has experienced numerous challenges. From the production of food grains to storage, distribution, and revenue collection, the agricultural sector is privy to multiple impediments. Amongst many, one of them is the lack
Origo has tak Sunoor Kaul is the Co-Founder and Director of Origo Commodities, India’s fastest growing agri-technology company. It provides end-to-end supply chain and financing solutions to the agricultural sector, thereby, streamlining commodity procurement, storage and facilitation of trade. In his capacity as the Director of Origo, Sunoor manages the Trade Finance vertical of the
CNBC Awaaz. The interview was hosted by Ms. Manisha Gupta, Editor, Commodities & Currencies who talked about 2nd wave impact on agriculture, Good monsoon and sowing begins – seed quality concerns, pre-harvest and post-harvest, agri fintech innovations, supply chain and logistics and on e-auction in agri sector.
India’s agriculture sector is by far one of the largest employers in the country. With more than 50 percent of the working population associated with agriculture in one form or another, the overall contribution to India’s GDP is only a meagre 18 percent. These recent estimates indicate that the sector is performing way below its potential.
The new farm law will give further fillip to alternative trading option outside of mandis
In 2010, two IIT Delhi Alumni – Sunoor Kaul and Mayank Dhanuka co-founded Origo Commodities. Origo Commodities aims to redefine traditional modes of procurement, handling, preserving, storing, and financing farm produce; which had been largely ignored by the agri markets. Origo has become one of the largest service providers to the government through its warehousing capability and
Origo Commodities: Co-founded in 2010 by two IIT Delhi Alumni’s Sunoor Kaul and Mayank Dhanuka, Origo aims to redefine traditional modes of procurement, handling, preserving, storing and financing farm produce, which had been largely ignored by the agri markets. Over a decade, Origo has expanded pan-India, with 500 warehouses operating across 12 states in the country. The company’s
The agri FinTech firm’s milestones have been recognized by the investment report, indicating strides made in bringing sustainable yet modern practices to the agri sector. Reference: http://www.newspatrolling.com/kpmgs-report-on-origos-sustainable-methods-and-reduction-in-food-wastage/
Origo Co-Founder and Director Sunoor Kaul believes the agri space is likely to become more democratised, considering people of all denominations and financial standing will be availing credit, direct access to commodity supplies and sales, top-class warehousing solutions, etc. Reference: https://www.moneycontrol.com/news/interview/blockchain-technology-will-play-pivotal-role-in-agri-tech-sector-origo-commodities-6890361.html
Origo has taken a step forward towards supporting farmers, traders & processors by launching a digital auction platform to provide them with better prices, direct connect and digital payments just a click away. The E-auction platform offers options such as price discovery, price risk, trade settlement, forward auction (to sell) & reverse auction (to purchase),
“Forward contracts as future to physical delivery of commodities “ Reference: https://tv.visualmediamonitor.com/AllPR-2021/05May2021/VMM/Value360Commuications/OrigoCommodities/12-05-21/12May21-OrigoCommodities-HalftimeReport-CNBCTV18-12.52pm-06min.42sec.mp4
In its endeavour to make the Indian agri supplychain effective, efficient and globally competitive,Origo, since its inception in 2011 has beenconsistently adopting innovative tools andpractices, and devising solutions to create a“better ecosystem”.
The Indian agricultural sector is a global powerhouse and consists of complex marketlinkages with over 263 million agricultural workers catering to the needs of over a billiondomestic customers and a large number abroad. Gross Value Added (GVA) by agriculture,forestry and fishing was estimated at USD 276 billion in FY20
Click here to watch: https://drive.google.com/file/d/1Zom5eWEOouk_QSdcyv7s2rOrO9CUpOQJ/view?usp=sharing
Beyond the Obvious, as the name suggests, provides an overview of Origo’s social vision and its endeavour to achieve holistic growth through OCI and OFL. Rural India is Origo’s inspiration, and with a strategic focus on enhancing agriculture and small enterprises, we are striving to create a robust rural community that would contribute not only
2020 was a year that brought some unexpected challenges across the globe. While COVID did cause a lot of stir for everyone, it especially impacted the underprivileged section. Even during these tough times, it is extremely satisfying that Origo continued to render the best of its services throughout the year, including the lockdown phase.
Mitigating food loss and waste in the post-harvest phase and on plate is critical to having enough to eat for all — by Sunoor Kaul
15% of the food emissions come from food lost in the supply chain. Interestingly, grains are the highest contributor to the carbon footprint and therefore it becomes even more crucial to prevent grain wastage. We at Origo, are striving to eliminate food grain wastage with advanced technology and scientific practices. With a strong rural presence,
Origo, with its extensive outreach and a deep understanding of rural ecosystem, is consistently working to reduce commodity degradation from harvest to consumption. From its inception till date, Origo has managed 25 million tonnes of commodity with an average wastage reduction of 10%. The 3 million tonnes of commodity saved, has fed more than a million people.
Steps adopted by them to address the challenges, robust commodities financing platform, warehouse management system.ORIGO’s forecast for next year along with the future prospects ! Click here : https://lnkd.in/et8Eca6An exclusive profiling story by Mr. ABHIJIT GOSWAMI ThinkAg
Origo Commodities, an agri-tech supply chain and trade finance company, has tied up with Vivriti Capital to execute a new asset class of securitised commodities in the country. It will be made available to institutional investors, introducing agri-commodities to capital markets. Origo currently manages assets worth Rs 8,500 crores under its warehousing division, and operates
This transaction creates an alternative asset class through Agri-commodities Origo Commodities, India’s leading agritech supply chain and trade finance company has come together with financial services enabler Vivriti Capital to execute a new asset class of securitized commodities in the country. The asset class will be available to institutional investors, introducing agri commodities to capital
click here: https://origoindia.com/pdf/origo-commodities-raises-inr80-crore-to-strengthen-agriculture-finance.pdf
Click here: https://yourstory.com/2020/07/driving-product-innovation-vivriti-capital
Click here: https://origoindia.com/pdf/Integrated Report.pdf
The news of Origo bagging the “Agri Supply Chain Achiever” award has been covered by The Free Press Journal today, in their Mumbai, Indore and Bhopal edition !! The recognition of Global Logistics Excellence Award 2017 encompasses the excellence amongst agri service providers. The award bestowed to Origo recognizes its Specialized agri services capabilities with