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GREYMATTER TECHNOLOGIES PRIVATE LIMITED

South East Delhi, Uttar Pradesh

DPIIT recognised Locality Agriculture

In their own words

Upaz is a "Community Commerce and Financing" platform Through the Upaz platform smallholder farmers groups (10 to 20 farmers groups) get access to quality agriculture inputs directly from suppliers on credit. Upaz has created land size service packages for smallholder farmers. Farmers subscribe to these service packages based on their land size. Once subscribed, farmers receive all the agri-inputs required for their land directly delivered to their doorsteps by suppliers. Suppliers in turn are paid by the lending partners (NBFCs and Banks). Thus farmers don't receive the money directly but get agri-input on credit. This solves one of the major problems of diversion of funds faced by microfinance and banks. Subsequently farmers repay the in-kind credit (agri-inputs) via digital payments or through our Field Officers. We have fine tuned the panchayat level operating model whereby one field officer onboards around 10-15 groups having around 200-300 farmers. This panchayat level model becomes profitable with 200 farmers and can be replicated at scale in multiple districts and states of India.

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP81587
CIN
U01100DL2021PTC379115
Incorporated (MCA)
2021
Registered on Startup India
2021
Self-declared stage
Scaling
MCA status
Active
Company class
Private
Registrar
RoC-Delhi II
Authorised capital
₹4,50,00,000
Paid-up capital
₹1,34,240

www.greymattertech.in

Funding signals

We hold evidence classes, not rounds. There is no amount, no date and no valuation here because we do not have them.

Where this is

Locality

South East Delhi

Uttar Pradesh

We know the area, South East Delhi, but not the address. The pin below covers roughly a kilometre.

Geocode confidence: medium

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