A Sucess Story of Kryzen Biotech’s Vision for Sustainable Farming

Introduction of Kryzen Biotech’s

With a population exceeding 140 crores and agricultural land diminishing, the need for advanced farming technologies has become crucial. In this blog post, we delve into the transformative solutions offered by Kryzen Biotech, an Agritech company founded by Sudhir Devkar and Priya Devkar. From vertical farming to AI-based monitoring, Kryzen Biotech aims to make agriculture more efficient, sustainable, and profitable.

Challenges in Indian Agriculture: As India grapples with the challenge of feeding its growing population on limited land, Kryzen Biotech identifies three primary hurdles in agriculture: what to grow, how to grow it, and where to sell the produce. The founders emphasize the importance of addressing these challenges, and today, they present their innovative solutions to the world.

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Kryzen Biotech’s Vision: Sudhir and Priya Devkar introduce Kryzen Biotech as an Agritech company focused on maximizing production in minimal space and with minimal resources and investment. Through vertical farming and a comprehensive ecosystem, they aim to revolutionize traditional agriculture practices.

Kryzen Biotech’s Three Key Solutions:

• Price Watcher: The founders unveil their first solution, Price Watcher, designed to predict future crop prices. This tool enables farmers to make informed decisions about what crops to plant based on anticipated market trends, ultimately optimizing their yield and profits.
• Hydro Build: Kryzen Biotech’s second solution is Hydro Build, an AI-based remote monitoring automation system. This technology allows farmers to manage their farms from anywhere, ensuring optimal conditions for crop growth and resource utilization.
• Complete Ecosystem: The third solution involves creating a complete ecosystem that connects farmers with buyers. Kryzen Biotech facilitates this connection, making it easier for farmers to sell their produce while ensuring a sustainable and profitable farming business.

Hydroponics Unveiled: The founders explain the concept of hydroponics, a technology widely used in Western countries but still gaining traction in India. Hydroponics involves soil-less farming, utilizing water and nutrient solutions for plant growth. Kryzen Biotech’s hydroponic farms are meticulously designed to suit Indian climatic conditions and geography.

Role of AI in Agriculture: Sudhir and Priya elaborate on the incorporation of Artificial Intelligence (AI) in their solutions. AI powers Price Watcher, enabling data-driven predictions for crop pricing. Hydro Build utilizes AI for remote monitoring and automation, allowing farmers to make data-informed decisions for their farms.

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Business Model and Expansion: The founders present Kryzen Biotech’s business model, outlining how they provide end-to-end solutions for farmers, from site inspection and project reports to setting up farms and implementing automation. They discuss their success in helping over 40 farmers establish farms across diverse locations, from Manali to Andaman Nicobar.

Shark Tank Pitch: The blog provides a detailed account of Sudhir and Priya’s pitch on Shark Tank, highlighting the questions and concerns raised by the investors. While some sharks express reservations about the predictability of commodity prices, others see the potential in Kryzen Biotech’s technology.

Original Ask ₹ 75 Lakhs for 3% equity

Deal Closed At ₹ 75 Lakhs for 15% Equity + 2% Royalty till 1.5 Crores is Recouped With Peyush Bansal

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Investment Offer: After a series of questions and negotiations, one shark makes a significant investment offer. The deal includes a monetary investment, equity stake, and a percentage of sales until the investor recovers twice their initial investment. The founders express their excitement and acceptance of the offer, marking a milestone for Kryzen Biotech’s journey.

Some Major Benefits of using – Kryzen Biotech’s

Kryzen Biotech’s innovative solutions, including hydroponic farming and AI-based technologies, offer several significant benefits to farmers and the agriculture industry. Here are the major advantages:

• Maximized Production in Minimal Space: Kryzen Biotech’s vertical farming approach allows for the cultivation of crops in a space-efficient manner. This is especially valuable in densely populated regions or urban areas with limited arable land.
• Resource Efficiency: Hydroponic farming, a core technology utilized by Kryzen Biotech, is known for its resource efficiency. It requires less water compared to traditional soil-based farming methods. The controlled environment enables optimal use of nutrients and eliminates the need for excess water usage.
• Year-Round Cultivation: With the help of technology and controlled environments, Kryzen Biotech enables farmers to grow crops throughout the year. This eliminates the dependence on specific seasons, ensuring a more consistent and reliable food supply.
• Reduced Environmental Impact: Hydroponic farming minimizes the use of soil, pesticides, and herbicides, resulting in a reduction in environmental impact. The controlled conditions help prevent soil erosion, contamination, and the release of harmful chemicals into the environment.
• AI-Powered Decision Making: The incorporation of AI in Kryzen Biotech’s solutions, such as Price Watcher, provides farmers with valuable insights into market trends. This empowers them to make informed decisions on what crops to plant, optimizing yield and profitability.
• Remote Monitoring and Automation: Hydro Build, the AI-based remote monitoring and automation system, allows farmers to manage their farms from anywhere. This not only enhances convenience but also ensures that the crops receive the optimal conditions for growth, leading to improved yields.
• Diversification of Crops: Through predictive tools like Price Watcher, farmers can make decisions on crop selection based on market demand and potential profitability. This facilitates the diversification of crops, reducing the risk associated with relying on a single crop type.
• Complete Ecosystem and Market Connectivity: Kryzen Biotech’s ecosystem connects farmers directly with buyers, streamlining the sales process. This connectivity ensures that farmers can sell their produce easily, fostering a more efficient and profitable agricultural business.
• Quality and Nutritional Value: Hydroponically grown crops often exhibit enhanced quality and nutritional value. By providing optimal nutrient solutions directly to the plants, Kryzen Biotech ensures that the produce maintains consistent nutritional content and is free from pesticides and herbicides.
• Economic Viability: Kryzen Biotech’s end-to-end solutions, including site inspection, project reports, farm setup, and automation, contribute to the economic viability of farming ventures. This approach assists farmers in making informed decisions, optimizing resources, and increasing overall profitability.

In summary, Kryzen Biotech’s technologies contribute to a more sustainable, efficient, and profitable agricultural ecosystem, addressing key challenges faced by farmers in India and potentially revolutionizing the way farming is approached in the future.

Conclusion:

As Kryzen Biotech sets out to transform Indian agriculture with its innovative solutions, the blog concludes by highlighting the potential impact of their technology on farming practices. The founders’ passion for sustainable and profitable farming, coupled with the support of investors, positions Kryzen Biotech as a key player in the evolution of Indian agriculture.