BioVoice News eMag October 2023 | Page 57

income , and practice sustainable farming .
From designing weather risk management services to developing the world ’ s first income-guaranteed smart & sustainable farms , WRMS is home to numerous national and international firsts . Be it devising the world ’ s first community-level insurance settlement solution using low-cost AWS to creating India ’ s first solution that combined Index Insurance with farm advisory and weather forecasting services , the company is always at the forefront of innovation in the sector . We are on a mission to revolutionize the farming sector by connecting farmers with the latest technology in the agri space .
What were the challenges faced while setting up and scaling the business ? What is your top priority now ?
Our 17 years of WRMS journey is filled with challenges we have overcome . With advanced technology and lasting relationships with farmers across the country , we are revolutionizing the farming sector . We are seeking investors who are passionate about the sector and , in addition to providing capital , can be our passionate ambassadors for the growth of our products . WRMS is at a juncture where our products and services have a proven track record of quality and service . Our challenge is to secure the capital necessary to scale up and expand each of our product lines . With the right investment and support , we can easily leverage our core product segments to generate Rs . 150 crore in revenue each within the next three to five years .
Key USPs of WRMS ' s unique smartfarming model that help you stand apart from the companies operating in Agritech space ?

“ With the right investment and support , we can generate Rs . 150 crore within next three to five years .”

Through SecuFarm , our flagship product , we offer farmlevel yield assurance solutions to smallholders in India . We leverage data , technology , and financial innovation to offer farmers a guaranteed benchmark yield , adoption of smart farming technology to manage operational risks and maximize yield , and financial risk transfer to manage catastrophic risks .
WRMS helps farmers set up SecuFarms i . e ., sustainable smart farms that not only enhance farm productivity but also guarantee a minimum yield and income to the farmers . Our smart farming technology

AgriTech

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