Intimation under Regulation 30 of the SEBI (LODR) regulation, 2015 - launch of ''KrishiBuddy''"Agritech Platform by Wholly-Owned Subsidiary, AVI Eco Spark Private Limited.
Awaiting price reaction for this filing.
AVI Polymers Ltd announced that its wholly-owned subsidiary, AVI Eco Spark Private Limited, has officially launched 'KrishiBuddy,' an AI-powered smart farming application for Indian smallholder farmers. The platform features multimodal multilingual AI (voice/text/image in Hindi, English, Hinglish), satellite-based crop health monitoring (NDVI), predictive financial modeling, pest/disease risk alerts, and export enablement for Farmer Producer Organizations (FPOs). The company targets India's rapidly expanding $9 billion agritech market. Planned monetization includes a B2B agri-input marketplace (commission model), premium SaaS subscriptions for large FPOs, and agricultural data aggregation for credit scoring by financial institutions. This launch marks AVI Polymers' strategic pivot toward high-growth technology sectors.
This new platform launch diversifies AVI Polymers' revenue streams beyond polymers into the scalable agritech sector, but immediate financial impact remains uncertain as the platform is newly launched with no disclosed revenue targets or customer contracts.