Ascentya: A Young Firm Setting New Benchmark in Agtech Space
Ascentya is an ISO 9001:2015 accredited tech startup offering path-breaking Industry 4.0 solutions that are focused on helping farmers, agricultural businesses, and government organizations use digital technologies to develop sustainable and profitable farming solutions. Using data analytics, IoT devices, hardware, and software platforms, Ascentya aids agriculture firms in optimally managing end-to-end farming processes to obtain desired results. farmX is a flagship product of Ascentya and owing to the ingenuity of farmX and its offerings, Ascentya has been reshaping agricultural activities to make them more efficient and adaptable to any geographical location.Ascentya was founded in 2019 by M.V. Balaji, Chairman and Dr. Gopikrishna Santhanam, CEO. Simplicity and complexity attract one another, resulting in creative individuals, and in today's market, such people are critical to an organization's success. And the industry experience and business wisdom of both Balaji and Dr. Gopikrishna Santhanam have been the cornerstones behind Ascentya’s sustained success in the industry. Since its inception, Ascentya has been able to develop into a technology disruptor that leverages R&D to build solutions for improving, managing, and enhancing industry verticals. They develop comprehensive eco-system integrated solutions like smart farms, e-Governance, aerial solutions (UAVs), transformational AI, and Prosthetics among others. Ascentya has customers across India, Canada, the US, UAE, and Sweden.
When asked about their flagship offering farmX and its uniqueness, Dr. Gopikrishna Santhanam adds, “India is a rich and diverse country and farmX is developed to meet such diverse practices supporting all the stakeholders of agro-ecosystem. Through farmX, we assist corporate and individual farm operators, agribusinesses, contract farming companies, exporters, R&D institutions, FPOs, and Government agencies to capitalize on the power of digital agriculture and
transform the Agri practices by moving towards the Multi-Crop model, and informed decision making to achieve higher efficiency, higher yields, higher profitability, and complete visibility & traceability.
Integration of the platform with Sensors, Internet of Agricultural Things (IoAT) devices, GIS, Drones, Mobility, Big Data, and Legacy systems provides users with an integrated, seamless experience. Artificial Intelligence, Machine Learning, Computer vision, Satellite imagery, and Statistical Modeling form the basis of the Climate Smart Advisory services that farmX offers to its clients.
Through farmX, Ascentya is aiming to revolutionize the entire agricultural ecosystem in India, and as a holistic service provider that can offer a plethora of services to multiple stakeholders, the benefits offered by farmX travels far beyond the conventional norms. A detailed breakthrough of farmX and its capabilities include: Maximize Production, Real-Time Advisory, Prosperous Livelihood & Economic Stability, Improve Crop & Produce Quality, Access to Critical and Necessary Resources, Optimum Inputs, Reduce Risk, On-Time Finance & Scheme Assistance, Export Process, and Workflow certification for Farmers.
Real-time Visibility of Farm Activities, Output Predictability, Weather Analytics & Crop Health Monitoring, Farm to fork Traceability & Quality Control, IP protection, and Compliance & Certification for Farming Companies. Assessment of Credit Risk, Supportive Data for Lending, Live data capture of field ad Field status, Reduced Cost of Operations, Post disbursal Monitoring, and Audits at plot level for Financial Institutions. Impact Quantification, Adoption of Sustainable Agriculture Practices, Monitoring Field Activities & Crop Health, Climate Smart Advisory Module, and Enhanced Visibility & Traceability for Government and Regulatory bodies. Apart from this, farmX can be a game-changer for seed production companies and insurance companies as well.
Mentioning future plans for Ascentya, Dr. Gopikrishna Santhanam shares, “As a company, our growth is about to begin. So far, we have sown the seed and now are in the phase of fruition. In the next five years, Ascentya is planning to cover over three million acres of land across India and overseas. Our solutions can enable the growth of agriculture and profitability (by helping in improving the yield) by up to 10 percent YoY. We plan on becoming a one-stop solution that can provide all information and services to the customers”.
Integration of the platform with Sensors, Internet of Agricultural Things (IoAT) devices, GIS, Drones, Mobility, Big Data, and Legacy systems provides users with an integrated, seamless experience. Artificial Intelligence, Machine Learning, Computer vision, Satellite imagery, and Statistical Modeling form the basis of the Climate Smart Advisory services that farmX offers to its clients.
Through farmX, Ascentya is aiming to revolutionize the entire agricultural ecosystem in India, and as a holistic service provider that can offer a plethora of services to multiple stakeholders, the benefits offered by farmX travels far beyond the conventional norms. A detailed breakthrough of farmX and its capabilities include: Maximize Production, Real-Time Advisory, Prosperous Livelihood & Economic Stability, Improve Crop & Produce Quality, Access to Critical and Necessary Resources, Optimum Inputs, Reduce Risk, On-Time Finance & Scheme Assistance, Export Process, and Workflow certification for Farmers.
Real-time Visibility of Farm Activities, Output Predictability, Weather Analytics & Crop Health Monitoring, Farm to fork Traceability & Quality Control, IP protection, and Compliance & Certification for Farming Companies. Assessment of Credit Risk, Supportive Data for Lending, Live data capture of field ad Field status, Reduced Cost of Operations, Post disbursal Monitoring, and Audits at plot level for Financial Institutions. Impact Quantification, Adoption of Sustainable Agriculture Practices, Monitoring Field Activities & Crop Health, Climate Smart Advisory Module, and Enhanced Visibility & Traceability for Government and Regulatory bodies. Apart from this, farmX can be a game-changer for seed production companies and insurance companies as well.
Mentioning future plans for Ascentya, Dr. Gopikrishna Santhanam shares, “As a company, our growth is about to begin. So far, we have sown the seed and now are in the phase of fruition. In the next five years, Ascentya is planning to cover over three million acres of land across India and overseas. Our solutions can enable the growth of agriculture and profitability (by helping in improving the yield) by up to 10 percent YoY. We plan on becoming a one-stop solution that can provide all information and services to the customers”.
