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AITMC Ventures Pvt. Ltd. (AVPL) Unlisted Shares Price
66.5
Company Overview
AITMC Ventures Pvt. Ltd. (AVPL) Unlisted Shares Price
AITMC Ventures Pvt. Ltd. (AVPL), founded in 2016 by Deep Sisai, has revolutionized traditional farming practices in India through the innovative use of drone technology. As a leader in agritech innovations, AVPL is committed to empowering farmers with advanced tools and training, thereby promoting sustainable agricultural practices and enhancing farm productivity.
AVPL stands as a prominent stakeholder in the agricultural sector, recognized for its significant contributions to modernizing Indian agriculture. It operates under the ethos of leveraging technology to improve the efficiency and outcomes of agricultural activities, specifically through drone technology.
Core Operations
1. Training and Development
- AVPL is accredited as a "Category A" training partner by the National Skill Development Corporation (NSDC), reflecting its authority and reliability in delivering high-quality agricultural education. The company's training programs are tailored to enhance the skill sets of farmers, focusing on integrating technology with traditional farming techniques.
2. Drone Technology Integration
- At the forefront of its technological initiatives, AVPL has developed and implemented drone solutions that address various agricultural needs such as sowing, pest control, and crop surveillance. This initiative not only improves crop yields but also contributes to the precision agriculture framework, minimizing waste and increasing efficiency.
3. Dronepreneurs Program
- This innovative program trains individuals to operate and manage drone services for agriculture, termed 'Dronepreneurs'. These trained professionals help disseminate drone-as-a-service (DaaS) offerings across farming communities, enhancing the scalability of AVPL’s technological solutions.
4. Farmers' City Mart Initiative
- AVPL has launched Farmers' City Mart as a robust platform to support the agricultural supply chain by providing a one-stop solution for farming needs, from equipment sales to advisory services. This initiative aims to build a unified community among farmers, agripreneurs, and technology providers.
Market Impact and Growth
- AVPL has profoundly impacted over 10,00,000 farming families, significantly enhancing their agricultural output and income. The global agricultural drone market is poised for expansion, and AVPL’s strategic positioning within this market is expected to yield substantial growth, particularly with an expected increase in market size by 2028.
- AVPL has established touchpoints across 10 states and union territories of India and has already developed a formidable agrarian ecosystem with deep connect with all stakeholders across the value chain.
- The Company plans to further extend its footprint across the whole of
India covering 500 districts.
Strategic Partnerships
1. Collaboration with Punjab Kings
The partnership with Punjab Kings, one of IPL's cricket teams, serves as a strategic move to broaden the company's reach and influence across a wider audience.
2. United Phosphorus Ltd. Partnership
The collaboration with UPL in March 2023 aims to boost AVPL’s stakeholder engagement by setting up 50 facilities dedicated to training 50,000 agripreneurs, thereby significantly impacting the agricultural input supply chain.
3. Bharat Scouts and Guides Association
Partnering with Bharat Scouts and Guides illustrates AVPL's commitment to engaging youth in agricultural innovation through comprehensive skill development programs.
While AVPL faces challenges typical of the agritech sector, including the high initial cost of technology adoption and the need for continuous innovation, its future outlook remains robust.
Symbol | AITMC Ventures Pvt. Ltd. (AVPL) Unlisted Shares Price |
---|---|
Face Value (₹): | 2 |
ISIN: | INE0QWL01025 |
Demat Status: | NSDL & CDSL |
Lot Size: | 1000 Shares |