VARI : Real Time Agricultural Price Data

Democratizing Agriculture

VARI Agricultural & Live Stock Real Time Price Data

Use Case

Problem/Opportunity at hand Farmers face serious barriers to getting agricultural produce to markets beyond their proximity in India. Most farmers tend to remain outside the ambit of market dynamics although they ought to be front and centerSolution VARI is founded on the premise that providing market access (via online (www.vari.co.in)/mobile platform /(Android app) & market information to farmers will improve their incomes and their livelihoods. Our goal is to provide channels for direct flows of communication between buyers and sellers. We provide price discovery, price transparency and price transmission via VARI platform

Potential

VARI provides rural farmers access to markets outside their immediate proximity. VARI can sniff out food inflation well before the statistical agencies identify & publish their findings VARI provides unprecedented market analytics to farmers such as price trends, demand trends, market trends & also identifying new variety of crops that are gaining traction among consumers Savings to consumers through price transparency

Business Case

Real time FPI (Food Price Indices) for Inflation.Assess future market prices and demand, Selling "data" on agriculture production and prices to interested purchasers of agri-commodities, financial institutions & banksAdvertising fees from companies in the agriculture spaceEconomic & policy analysis of agricultural sector by public & private sector and international Organizations like FAO, World BankEmpower NGOs and government organizations to identify vulnerabilities and demand trends in agriculture to ensure food security

Objectives:

  1. Price Discovery
  2. Price Transparency
  3. Price Transmission

Team VARI

New York, United States of America

Our Team

Price Discovery for farmers in India / Published January 20, 2017 by Sai Krishna Dandamudi

Price Discovery for farmers in India

https://in.news.yahoo.com/tbi-blogs-app-helping-farmers-074038020.html

Our Mission

VARI is founded on the premise that providing better market information to farmers in emerging markets will improve their incomes and deliver better prices to consumers for agricultural produce, products & live stock. VARI extracts data from all market points in the agricultural supply chain in emerging markets. Provides real time and historical agricultural & live stock data to market participants, researchers, forecasters, commentators and policy makers. Our Vision is PRICE DISCOVERY. PRICE TRANSPARENCY. PRICE TRANSMISSION.

Our Background

Our Team

Our Mission

VARI is founded on the premise that providing better market information to farmers in emerging markets will improve their incomes and deliver better prices to consumers for agricultural ...Read More

Our Background

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The information contained here represents student project ideas developed as the result of brainstorming activities during Round 1 of the TFF Challenge. It does not represent any final business plans or commercial products.