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Friday, March 29, 2024

Agritech entrepreneurs set up 'digital dera' in heart of Pakistan's remote farming belt - Arab News

Last updated Monday, October 11, 2021 03:00 ET

Smart village provides 2,000 farmers free access to internet, digital solutions to increase yield and manage farms smartly
ISLAMABAD: A group of young Pakistani agritech entrepreneurs has launched a “first of its kind” initiative called Digital Dera in remote parts of Pakistan’s fertile Punjab province, aiming to empower farmers with the latest agriculture solutions and help them create smart villages.
Earlier this month, while announcing that Pakistani startups had raised a record $305 million in investment globally in 2021, Commerce Adviser Abdul Razak Dawood urged Pakistani entrepreneurs to focus on agritech, which is the use of technology to improve the efficiency and output of agricultural processes.
This month, Tazah Technologies, a Pakistani business-to-business agriculture marketplace launched two months ago to provide innovative supply chain solutions to the agricultural sector, raised $2 million in a pre-seed round led by Global Founders Capital and Zayn Capital.
Digital Dera, or smart village, has been established at village Chak 26-SP in the Pakpattan district of Punjab, Pakistan’s most populous province and its farming heartland. The initiative is currently providing services to more than 2,000 farmers in villages in the area and plans to expand its network through sub-offices in other regions, its founders said.
The project is a joint collaboration of Agriculture Republic and the Internet Society and is backed by Hayat Farms Pakpattan, Accountability Lab and...



Read Full Story: https://www.arabnews.com/node/1945971/business-economy

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