Bangalore: FarmLogics Technologies Pvt Ltd. (FarmLogics) signed a memorandum of understanding (MOU) with International Agriculture Consulting Group (IACG) to form a strategic partnership to provide advance management and analytic solution for contract farming and commodity value chain.
FarmLogics and IACG shall cooperate with each other in the field of base data generation & analysis, Contract farming business management solutions, Value Chain Management Solutions in the area of agriculture. Both companies will jointly work for specific projects related to Food & Agriculture sector in terms of technological innovations, Precision Agriculture, Agri-commodity Value Chain and Contract Farming.
The partnership will enable IACG to offer complete solution on Agri sector consulting by offering FarmLogics advanced data management and analytics solution to its clients. Farmlogics will gain the market access in areas where IACG is operating and will work jointly with IACG to deliver the required solutions for the clients.
The MOU was signed between Mr. Arun Suresh, C.E.O of Farmlogics and Dr.Dinesh Chauhan, Director and C.E.O of IACG on 30th Aug 2018 at Bangalore, India.
Arun Suresh, C.E.O, FarmLogics commented: “We at FarmLogics are excited to have the opportunity to be part of new initiative and this will unlock potential for FarmLogics solutions in new markets especially of East Africa and South Asian regions. FarmLogics Solution will add more value to IACG’s Consulting business where IACG could offer industry ready advanced management and analytical platform along with IACGs Project expertise.”
Speaking on the occasion Dr.Dinesh Chauhan, CEO, IACG said that the collaboration between FarmLogics and IACG would help in improving farm profitability of farmers and add value to business partners by bringing in more efficiency in entire value chain. He was confident that by forging this partnership IACG with its immense expertise in consulting services along with strong technology platform of FarmLogics is going to create significant impact in entire agri value chain. Since both the companies are having presence in Africa, India and South East Asia region, they have plans to cater to these geographies collectively.
FarmLogics (www.farmlogics.com), based in Cochin, India is young technology company focusing in areas of providing technology solutions for Out-growers/smallholder’s management, Agri- Commodity value chain management solution, Field scout and sustainability solutions and FarmLogics Agri ERP.
IACG( www.iacg.in) , based in New Delhi, India is a leading agribusiness consulting group formed with the mandate for agriculture projects consulting, research, trade, technology and investments facilitation in food and agriculture sector. IACG focuses in India, Africa and South Asia region with an objective to promote South-South Plan of FAO.
