Revolutionizing Agribusiness: A Conversation with Sanjay Borkar, Co-Founder and CEO of FarmERP

By Mr. Sanjay Borkar, CEO and co-founder at FarmERP

1.     FarmERP champions several regenerative agriculture techniques to combat climate change. Can you share some examples of these practices within the FarmERP platform?

We at FarmERP are dedicated to advancing regenerative agriculture through our FarmGyan platform, leveraging AI and ML to promote sustainable farming practices. The key examples include – FarmGyan’s Crop PoPs (Crop Rotation Plans), which offer personalized recommendations that enhance soil health, biodiversity, and carbon sequestration, mitigating climate change by improving soil quality and reducing greenhouse gas emissions. In addition, FarmERP supports water conservation through methods like drip irrigation and rainwater harvesting, optimizing water usage to ensure efficient resource management and environmental stewardship in agriculture. By empowering farmers and agribusinesses with these practices, FarmERP fosters a more sustainable and resilient agricultural sector in the face of climate change.

2.     FarmERP witnesses the transformation of global agriculture through AI, ML, and Blockchain. Can you elaborate on specific ways these technologies are changing the agricultural landscape, according to company’s observations?

FarmERP observes that AI, ML, and Blockchain fundamentally transform global agriculture. AI and ML enable us to analyze extensive datasets such as weather patterns and market trends, empowering farmers and agribusinesses with predictive insights for optimized crop management and resource allocation. This proactive approach mitigates risks associated with crop failures and market fluctuations, enhancing overall efficiency. In regions facing water scarcity, FarmERP implements smart irrigation systems powered by AI to maximize water efficiency, thereby conserving water and promoting sustainable resource management practices. Furthermore, Blockchain technology ensures transparency and traceability throughout the agricultural supply chain, securely recording product origins and quality. This builds stakeholder trust, enhances consumer confidence, and fosters a more ethical and sustainable agricultural ecosystem. These technological innovations collectively drive operational efficiency, promote sustainable practices, and contribute to a resilient and productive future for global agriculture.

3.     Beyond Climate Smart Advisory, FarmERP boasts features like IoT integration and QR-based access control. How do these unique functionalities benefit the sector?

Our QR-based Access Control and Food Safety feature enhances transparency by enabling consumers to trace product origins via QR codes, fostering trust and potentially increasing profitability through premium pricing for sustainably sourced products. Integrated with blockchain, QR codes ensure food safety by securely tracking products throughout the supply chain.

Additionally, FarmERP integrates IoT for real-time data collection on soil conditions, weather patterns, and critical parameters. This data-driven approach optimizes resource management, especially in water-scarce regions, enhancing efficiency and sustainability. With customizable settings for diverse agricultural practices worldwide, FarmERP supports improved transparency, food safety, resource efficiency, and sustainable farming practices, driving the sector towards a resilient, data-driven future.

4.     FarmERP aims to digitize 10 million acres of farmland in two years. What strategies will be implemented to achieve this ambitious goal, and how will climate-smart technologies play a role?

At FarmERP, our commitment to the global agricultural market is unwavering. This ambitious goal to digitize 10 million acres of farmland is part of our broader mission to revolutionize agriculture through digital solutions that enhance predictability, productivity, and profitability for farmers and agribusinesses. Through extensive research and development, we continuously refine our solutions to meet industry-specific needs. We are proud to introduce a user-friendly mobile app, available in eight different languages, designed to provide agribusinesses with valuable insights into pesticide use, water consumption function, nutritional needs, and so on.

This ambitious goal is part of our broader mission to revolutionize agriculture through digital solutions that enhance predictability, productivity, and profitability for farmers. As we expand across the Middle East and North Africa, our holistic approach addresses the unique challenges of these regions’ agricultural landscapes. This strategic focus not only drives innovation but also promotes sustainable growth, paving the way for prosperity while supporting environmental stewardship.

5.     As mentioned on the company website FarmERP improves farm productivity, profitability, and sustainability. Can you quantify these improvements and outline FarmERP’s future goals for acreage and overall impact?

FarmERP is dedicated to enhancing farm productivity, profitability, and sustainability through our digital solutions. We plan to quantify these improvements by doubling our revenue in the upcoming financial year. Additionally, leveraging data from our ERP system, we intend to offer services related to greenhouse gas (GHG) or carbon reporting and support global climate tech initiatives. This effort will enable companies to access carbon credits and sequestration opportunities, further enhancing sustainability efforts in agriculture. Looking forward, FarmERP’s goals include expanding our acreage and overall impact by implementing innovative, data-driven approaches. These initiatives are designed to mitigate uncertainties and promote stability in agriculture, ensuring sustainable growth for farmers and agribusinesses worldwide.