When school friends Mayank Dhanuka and Sunoor Kaul — also classmates at IIT Delhi — left high-flying investment banking careers in the US and returned to India in 2009, they looked at various businesses that they could venture into. What finally caught their attention — post-harvest management, a grassroots problem that haunts the Indian agricultural sector — was a far cry from what they were doing in the US. They decided to solve the huge gap in post-harvest management services by removing inefficiencies across the agri chain. This included addressing issues with a host of operations such as warehousing, logistics, procurement, collateral management and quality testing that would not only make the process more productive but also ensure better prices for farmers.
A storehouse of growth
How a bunch of private players are looking to plug a serious gap and create value in India’s agri supply chain
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