Mumbai: FarMart, India's fastest-growing intelligent food supply network, announced its recent launch onto ONDC, making it the first Food and Agri Tech company to do so. FarMart is utilizing the ONDC network to serve food manufacturing businesses in India with easy access to quality ingredients.
Through this collaboration, FarMart and ONDC are jointly redefining the food supply chain landscape by seamlessly connecting food value chains across the country and also forging seamless connections between the food producers and manufacturers.
The Food and Agri Tech company recently fulfilled a Business to Business (B2B) bulk order of 5,000kg of flour on the network. FarMart currently has over 25 SKUs (Stock Keeping unit) of processed products ranging from varieties of food grains, oilseeds, spices and pulses for food businesses.
This collaboration will allow food businesses from all over the country to tap into FarMart’s wide network of more than 2 lakh village level aggregators and more than 2,000 processors.
Speaking on the occasion Alekh Sanghera, Co-Founder & CEO of FarMart, said, "FarMart mission is to make food value chains more resilient, reliable & rewarding for humanity. Being live on ONDC is a pivotal element of our distribution strategy as it enables us to seamlessly connect farming communities with food processors and eventually end consumers while ensuring traceability.”
“Being a board member at both FarMart and ONDC, this news gives me immense joy and pride. This collaboration provides improved access for farmers, small businesses, and consumers in the food supply chain which is the shared mission of both organizations.
This is a big step towards digitization, traceability and efficiency of global food supply chains.”, said Anjali Bansal, Founder and Managing Partner at Avaana Capital.
“I am happy to see FarMart joining the network, looking forward to more Agri-tech companies, agriculture commodity buyers to join network to enable e-procurement of Agriculture Commodities,” T Koshy, MD & CEO of ONDC said in an official statement.
FarMart is an intelligent food supply network connecting farming communities to food businesses globally. It builds digital products & commerce solutions that modernize food value chains. The mission is to make food value chains more resilient, reliable and rewarding for humanity. In 2022, FarMart was recognized by Deloitte and ranked first as the fastest-growing tech company in India.
Renowned VCs like General Catalyst, Matrix Partners, Omidyar Network, and Avaana Capital have proudly partnered with and backed FarMart. They invest in leading tech companies that are sustainable and purposeful