Niruthi: Assisting Agriculture Ecosystem with Climate Risk Mitigation Solutions
India's AgTech ind- ustry is rapidly picking pace, fueled through government support, cutting-edge techno- logical advance- ments, rising investment, and the growing need for sustainable farming practices. As customers face challenges arising from economic, social, infrastructural, and reg- ulatory factors such as data quality and availability challenges, infrastructural limitations, scalability issues, trust and credibility concerns, and regulatory and policy challenges, Niruthi, a climate risk mitigation solutions provider, dedicated to building a resilient future emerges as a promising partner. Taking a multifaceted approach, Niruthi strategically addresses these challenges, through government support, research, innovation, and development in the domain. Curating tailored yet affordable solutions and services, the firm is positioning itself as a trusted partner.Climate Resilient Solution
Niruthi's core services include generating data-driven solutions at the individual village level. To provide the desired results, the company offers a diverse range of product offerings like WeatherSnap (Weather & climate data analytics), CropSnap (Crop analytics), FinSnap (Farm level credit risk profiling), and InfestSnap (Pest/ diseases forewarning). These solutions have been designed to suit the requirements of small and marginal farmers, insurance companies, lending sector players, policymakers, commodity market players, and crop protection companies for the purpose of improving access to credit instruments, information on market dynamics & pest forecasting.
Niruthi has been recognized by the Government of India, Department of Scientific and Industrial Research, for having an in-house R&D unit. Focusing on R&D, the company takes pride in having developed foolproof solutions that help to mitigate climate risks, offer reliable crop acreage estimates, crop condition analysis, crop health monitoring, crop damages assessment, midseason yield forecasting, and reliable end-season yield estimates, as well as mitigating risks stemming from pests and diseases triggered by adverse weather conditions.
Torch Bearers
Niruthi is founded by highly experienced professionals including Dr. Ramakrishna Nemani, a retired NASA Scientist and TEDx speaker & Mallikarjun Kukunuri, an alumnus of IIM Kolkata. Dr. Nemani has been the chief architect of TOPS - Terrestrial Observations and Predictions System at NASA. He was awarded NASA’s highest honor, the Distinguished Service Medal in 2022 for his visionary leadership using global satellite observations to understand critical ecosystem processes vital to NASA’s advancement of science and human welfare. As the CEO, Co-Founder, serial entrepreneur, and startup mentor, Mallikarjun Kukunuri, steers the strategic vision and direction of Niruthi, defining goals and charting pathways to success.
Niruthi is empaneled as the technology implementation partner under the yield estimation using technology program (YES-TECH), which is a key initiative for this segment initiated by the GOI under its Pradhan Mantri Fasal Bima Yojana (PMFBY). The firm is further strengthened by the expertise in Remote Sensing/GIS of Deputy CEO Arun Balla who brings unparalleled experience in AgTech and Crop Insurance. Niruthi also leverages the exhaustive research expertise of its Chief Product Officer, Dr. Makarand Kulkarni a well-known statistician in the field of predictive analysis, risk modeling, and weather prediction. Chief People and Strategy Officer, Raj Patnaik’s innovated approach have further driven business growth and enhanced employee engagement.
“We help our clients by offering customized, affordable solutions, providing robust training and support, ensuring data accuracy, and building strong, trust-based relationships. Our technology integrates satellite data, ground observations, historical crop, and weather data for generating reliable data at 2KM by 2KM. Moreover, our data and methodology have been endorsed by the government, making us the only private company to earn this trust”, shares Dr. Rama Nemani.
Future Roadmap
For the near future, the company is working tire lessly on multiple projects. A key point of focus for Niruthi is Empowering Tomorrow, Safeguarding Today with Risk Mitigation Solutions for a Resilient Future. Niruthi is deeply involved with the government and with enterprises in carrying out several projects that are aimed at achieving sustainable development goals. With these projects and other strategies in the pipeline, the company aims to achieve a ten-fold growth over the next 5 years.
Niruthi is founded by highly experienced professionals including Dr. Ramakrishna Nemani, a retired NASA Scientist and TEDx speaker & Mallikarjun Kukunuri, an alumnus of IIM Kolkata. Dr. Nemani has been the chief architect of TOPS - Terrestrial Observations and Predictions System at NASA. He was awarded NASA’s highest honor, the Distinguished Service Medal in 2022 for his visionary leadership using global satellite observations to understand critical ecosystem processes vital to NASA’s advancement of science and human welfare. As the CEO, Co-Founder, serial entrepreneur, and startup mentor, Mallikarjun Kukunuri, steers the strategic vision and direction of Niruthi, defining goals and charting pathways to success.
Niruthi is empaneled as the technology implementation partner under the yield estimation using technology program (YES-TECH), which is a key initiative for this segment initiated by the GOI under its Pradhan Mantri Fasal Bima Yojana (PMFBY). The firm is further strengthened by the expertise in Remote Sensing/GIS of Deputy CEO Arun Balla who brings unparalleled experience in AgTech and Crop Insurance. Niruthi also leverages the exhaustive research expertise of its Chief Product Officer, Dr. Makarand Kulkarni a well-known statistician in the field of predictive analysis, risk modeling, and weather prediction. Chief People and Strategy Officer, Raj Patnaik’s innovated approach have further driven business growth and enhanced employee engagement.
“We help our clients by offering customized, affordable solutions, providing robust training and support, ensuring data accuracy, and building strong, trust-based relationships. Our technology integrates satellite data, ground observations, historical crop, and weather data for generating reliable data at 2KM by 2KM. Moreover, our data and methodology have been endorsed by the government, making us the only private company to earn this trust”, shares Dr. Rama Nemani.
Future Roadmap
For the near future, the company is working tire lessly on multiple projects. A key point of focus for Niruthi is Empowering Tomorrow, Safeguarding Today with Risk Mitigation Solutions for a Resilient Future. Niruthi is deeply involved with the government and with enterprises in carrying out several projects that are aimed at achieving sustainable development goals. With these projects and other strategies in the pipeline, the company aims to achieve a ten-fold growth over the next 5 years.
