November 24, 2024 4:16 PM

19 agritech soonicorns, 40 minicorns embracing emerging tech for business growth: RBI paper

The Indian agritech sector shows immense potential to bridge the technological gap in agriculture, with 19 agritech soonicorns and 40 minicorns leveraging emerging technologies like AI and innovative business models, according to a new Reserve Bank of India (RBI) paper. While only one unicorn has been identified in India's agritech landscape, the total number of soonicorns (startups on the verge of becoming unicorns) and minicorns (early-stage startups) is estimated at 19 and 40, respectively, ...