FarMart Becomes the First Food and Agri Tech to Launch its Products on ONDC
FarMart, India's fastest-growing intelligent food supply network, announced its recent launch onto ONDC - The Open Network for Digital Commerce, 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, forging seamless connections between food producers and manufacturers across the country.
The Food and Agri Tech company recently fulfilled a B2B bulk order of 5,000kg of flour on the network. FarMart currently has over 25 SKUs 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 2 lakh+ village-level aggregators and 2,000+ processors.
Alekh Sanghera, Co-Founder and CEO of FarMart, commented on the momentous launch by saying, "FarMart mission is to make food value chains more resilient, reliable and 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.”, shared Anjali Bansal, Founder and Managing Partner at Avaana Capital.
ONDC’s vision is to democratize digital commerce. Agriculture is one of the key focus areas for us, and after enabling FPOs to sell their produce to consumers across India, we are now working on enabling B2B (Bulk) transactions for agricultural commodities. I am happy to see Farmart joining the network, looking forward to more Agritech companies/agriculture commodity buyers to join network to enable e-procurement of Agriculture Commodities” T Koshy, MD and CEO, ONDC
FarMart is an intelligent food supply network connecting farming communities to food businesses globally. They build digital products and commerce solutions that modernize food value chains. The mission of FarMart is to make them more resilient, reliable and rewarding for humanity.
[ Based on inputs from Shruti Sanyal ]
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