Sudhanshu Rai Co-Founder Fyllo
Fyllo plans to expand offerings in 2024
Sudhanshu Rai Co-Founder Fyllo
Fyllo plans to expand offerings in 2024
Fyllo is an agritech startup which has recorded a threefold jump in revenue during FY23 results . This growth can be attributed to farmers using data and analytics more extensively to reduce costs and increase their crop yields . Going forward , we plan to expand their offerings by introducing crop insurance and developing data driven solutions for agriculture industry .
Fyllo ' s IoT devices collect real-time data on various critical farming aspects such as soil moisture levels , weather conditions and crop health . With over
5000 farmers as clients . Fyllo has deployed more than 4,000 IoT devices across India covering over 34,000 acres of farmlands and 14 different types of crops . By using Fyllo devices , farmers have benefitted from 25-50 per cent increase in income and 25 per cent reduction in input costs .
Fyllo use AI for multiple usecases at Fyllo . The first use case is predicting weather . We use climate data from our devices and Statistical Weather Models to come up with a highly precise farm level weather prediction model . Other use case is getting crop health , crop stage identification from satellite imagery . We use various machine learning models to do that .
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