Vrutti is a large organization working in the agri space with their own mission to reach one million farmers by 2025. They already cover 130,000 farmers and SVP Bangalore partners have established a strong relationship with them over the last 2 years. Our capability-building assistance to Vrutti and many hundreds of partner hours volunteered has evolved a new business model and technology rollouts (through Mindtree as a tech partner) with Vrutti feeling confident of improving outcomes for farmers more substantially.
The Grants Committee approved a large grant to Vrutti for a BAU (Business Accelerator Unit), which will impact incomes now for 2500 farmers in Chikkaballapur, Karnataka, with a longer-term impact on 12,500 farmers.
BAUs will reach sustainability in 5 years based on the funding over 3 years. SVP will support creation of the BAU, supporting the BAU operations and providing common services from Vrutti to deliver value addition to farmers that are members of the BAU, ultimately leading to BAUs becoming self-sustaining.