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5 Feasible Ways to Raise Funds for Innovative Agri startup

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Earlier, when thinking about starting a business, the major stumble stone that hinder our mind from taking first step for our dream is the requirement of huge capital. Those days, gathering capital to start one's own business was like a tough nut to crack. Business aspirants were majorly dependent on banks for loans & even bore the risk of pawning their property. But now a days, there exists an immense opportunity of making your entrepreneurial dream come true by various means of startup fundings. Not risking your own property, not wandering to banks seeking loan, but you can get assured fund for your startup just by pitching your innovative idea. You've heard it right?  So, in this article, we're going to explore "5 Feasible Means to Raise Funds for your Innovative Agri startup" 1. Crowd Funding The first and foremost source of raising funds for your agri startup comes from the crowdfunding. Crowdfunding is a method of raising capital through the integrative ...

Why do 90% of agri-tech startups fail in India?

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     On one hand, it gives immense satisfaction that there are more than 2800 agri-tech startups existing till now recognized by Startup India. But on the other hand, it's heart wrecking to know that 90% Indian agri-tech startups fail within it's first five years of their establishment, according to a survey of IBM Institute for Business Value & Oxford Economics. Why is it so? When deeply researched, there are several factors contributing to the shut down of agri-tech startups in its initial years. Some of them are listed below for your knowledge, that you may be aware of these failure factors & take into consideration while setting up your agri-startup... 1. Lack of Innovation      The first & foremost reason associated with the failure of Indian agri-startups is the lack of innovation. In the recent survey of 2021, India has drastically moved to 46th position in Global Innovation Index.  2. Out-dated models of Agri-startups     ...