North East Farm Sales Promotion

Startup Name

North East Farm Sales Promotion

Founding Year

2019

Business Category

Packaging and Processing

Startup Stage

Expansion stage

Type of Entity

Partnership

Website

none

Startup’s Objective

The startup aims at providing the best product packaging in North East India, keeping up to the international standards and solving issues related to branding, designing, packaging, logistics and marketing for small farmers and SHGs.

Market Need

Farmers in this part of the world mostly lack in the knowledge of common branding, standard recipes, packaging, logistics, and marketing that end up hampering the sale.

Product/Service description

The startup offers on-demand processing and packaging services, common branding needs of farmers, and extends support in retailing, exports and institutional sales. It is also engaged in curating gift hampers for government and corporate.

Customers/Users

Farmer Groups SHGs FPOs Livelihood organisations like NERCORMP and NERLP Assam Govt. NEC Food Chains Indian GI Outlet

Revenue Model

The products are sold through retail stores (Goa Airport, 105 stores of Tribes India, 3 stores of NEHHDC). They are also earning through the sale of Gift Hampers costituting of their products (recently supplied 160 gift hampers to Assam government for supply to all senior delegates during NEC Plenary held at Khanapara). Revenue is also earnned by offering packaging solutions to government livelihood missions like SHGs, etc.

Current Traction

The startup retained a profit margin of 30% in 2019-20. They received packaging assignment from IFAD Nercormp, Gift Hamper assignment from IFAD Nercormp & Govt. of Assam, and sold common brand products at 26 tribes India showrooms and Goa airport. AIIDC, Government of Assam, has allotted an industrial plot (500 sqm) at Jagi Road, Assam. Bulk supply of Black rice took place for Pista House, Hyderabad for exports to New Zealand and USA outlets.

Founders

Bhanu Pratap Singh, D S Poonia