Collaboration Paves Way for Regenerative Farming Practices, Fights Climate Change, and Rewards Farmers for their Efforts
HYDERABAD, India, May 25, 2023 – Grow Indigo and Dvara E-Registry (DER) are thrilled to announce a groundbreaking partnership to promote climate-smart agricultural practices and create income opportunities for farmers. This innovative collaboration will connect smallholder farmers to the carbon market through the adoption of regenerative agricultural practices, thereby creating a win-win situation for both the environment and the farming community.
Grow Indigo, known for its efforts in assisting farmers adopt regenerative practices, and Dvara E-Registry, a frontrunner in leveraging technology to improve farm profitability and decrease cultivation costs, are set to spearhead a joint project. The shared goal is to mitigate Greenhouse Gas emissions (GHGs) and generate Carbon Credits in the Madhya Pradesh region to begin with. Dvara E-Registry and Grow Indigo are already engaged in providing farmers with alternative inputs in the form of biological products to reduce the use of synthetic inputs and improve productivity.
Farmers participating in this initiative are encouraged to shift from conventional farming methods to Regenerative Agricultural Practices. These include direct seeding of rice, reduced field flooding, no or reduced tillage, and integrated nutrient management. Not only do these practices significantly cut down GHGs, but they also foster improved soil health, increased crop yields, and long-term cost reduction.
“This partnership aims to promote regenerative agricultural practices by incentivizing farmers with additional income. This is the first-of-its kind effort in Madhya Pradesh, of linking farmer to voluntary carbon markets.” says Umang Agrawal, Head, Carbon and Sustainable Produce from Grow Indigo. “By incentivizing regenerative farming, we aim to bring about significant change in the agriculture sector, aligning the needs of our planet with the needs of our farmers.”
“Combining our digital capabilities with Grow Indigo’s expertise in sustainable agriculture and carbon monitoring presents a remarkable opportunity for transformative change,” said Tarun Katoch, Co-Founder, Dvara E-Registry. “This initiative is not only about driving down Greenhouse Gases but also about empowering our farmers to play an active role in climate solutions, while improving their livelihoods. The fusion of technology and regenerative farming will redefine agriculture in a climate-conscious world.”
This pioneering initiative will drive a paradigm shift in agricultural practices, leading to a more prosperous and sustainable future for farmers and the planet.
About Dvara E-Registry:
Dvara E-Registry is an agfintech startup building a digital platform, Doordrishti, to improve access to agricultural services, both financial and advisory, for all stakeholders in the agri value chain. Doordrishti is a mobile and web-based platform developed by Dvara E-Registry that brings together farmers, FPOs, and all other agricultural stakeholders. The platform allows farmers, FPOs, and partner institutions to leverage traditional and alternative data to digitise farmer and FPO lands, as well as business activity, and provide farmers of FPOs with farm and crop-specific products and services via a digital mode of information sharing.
Dvara E-Registry was named one of the winners of Inclusive Fintech 50 for 2021 for its work towards financial inclusion of smallholder farmers, awarded the ‘Most Innovative AgTech’ in the ‘Emerging Start-Ups’ category at the 4th edition of the FICCI Agri Start-up summit and awards and winner of the Inclusive Finance India Awards 2021 under the category Technology for Financial Inclusion.
The startup is a portfolio company of Dvara Holdings (formerly Dvara Trust) and part of the Dvara Venture Studio cohort that supports entrepreneurs working towards large-scale systemic change in financial inclusion.
For further information, please visit: www.dvaraeregistry.com
About Grow Indigo:
Grow Indigo is founded by Mahyco (www.mahyco.com) and Indigo Ag (www.indigoag.com), working in sustainable agriculture, with an aim to improve farmer profitability, environmental sustainability and consumer health through the natural microbiology and digital technologies. Utilizing beneficial plant microbes and agronomic insights, we work with various stakeholders to sustainably produce high quality harvests. The company then connects farmers and buyers directly to bring these harvests to market through our Grow Mandi platform. Working across the supply chain, Grow Indigo is furthering its mission of harnessing nature to help farmers sustainably feed the planet. Grow Indigo has created a digital value chain addressing the input and output of the marketplace. In 2021, Grow Indigo listed the first-of-its-kind carbon program for agriculture on a global carbon registry. The carbon program has a potential to create a parallel stream of income for the farmer while positively impacting the environment.