Author(s): Gongalla Sreeja Reddy, S Subash, Pavithra V, Jeevapriya A, B Gurusri and Suddamalla Manoj Kumar Reddy

Abstract: Agri-Startups have the potential to significantly contribute to the expansion of the agriculture sector by transforming it from ‘subsistence farming’ into ‘Agri-business’ and ultimately increasing the farmer’s income. The total numbers of agriculture Startups in India are around 10,018, of which 50 per cent of Startups belonged to Agri Tech sector. Telangana State is graded as one of the ‘Top performing’ Startup State in India and it is a centre for manufacturing and placed fourth in the major States category of the ‘India Innovation Index’ report. The present study was conducted in Telangana State covering 53 Agri-Startups out of 526 Agri-Startups, selected randomly by using multistage stratified random sampling method to study the profile characteristics of agri-startup entrepreneurs. The sector wise classification of selected 53 Agri-Startups include; ‘Agri-Tech’ (23), ‘Animal Husbandry’ (3), ‘Dairy’ (3), ‘Fisheries’ (2), ‘Food Processing’ (6), ‘Horticulture’ (3), ‘Organic’ (7), and ‘Other’ (6). The major findings of the study revealed that about 33.96 per cent of the Agri Startups were present in the ‘ideation stage’, followed by, ‘validation’ (28.30%), ‘early traction stage’ (24.53%) and ‘scaling stage’ (13.21%). Majority (45.28%) of the Agri Startups were established during the year 2019 to 2021. Majority (94.34%) of the Agri Startups acquainted with incubator programs and 58.49 percent of the Startups entrepreneurs had not received any training related to their Startups. Majority of the Startup entrepreneurs belonged to the young age group (69.81%), male (84.91%), primary occupation (88.68%), post graduates (79.25%) and belonged to general category (54.72%). The study suggested that the majority of Agri-Startup entrepreneurs had oftenly interacted with the stakeholders of Agri-Startup ecosystem network.

DOI: 10.22271/maths.2023.v8.i6Sp.1527

Pages: 1214-1221 | Views: 153 | Downloads: 9

Download Full Article: Click Here