Innoterra ties up with NABFOUNDATION to provide services to 1 lac small farmers

New Delhi, Dec 16: Food and tech platform Innoterra on Thursday said it has joined hands with NABFOUNDATION to provide services to 1 lakh small farmers over next two years.
Both the entities have signed a memorandum of understanding (MoU) to this effect.
NABFOUNDATION is a not-for-profit organization of the National Bank for Agricultural and Rural Development (NABARD).
“This partnership will enable our Farmer Producer Organizations (FPOs) and smallholder farmers to access a host of services provided by the Innoterra platform,” NABFOUNDATION CEO Sanjeev D Rohilla said in a statement.
Innoterra’s services are crucial to enable better market access, digitalization, traceability of produce, branding and distribution support for the farmers, thus helping them increase their income multi-fold, he added.
According to Innoterra, the tie up will enable both organizations to engage with a network of over 5,000 Farmer Producer Organizations and initially serve 1 lakh small farmers in select clusters over the next two years.
Innoterra platform provides 360-degree services encompassing farm inputs, data-driven advisory, traceability and market access to smallholder farmers in India. (PTI)