E Sandhai

How is E Sandhai transforming the supply chain and empowering local farmers? 🌾 Discover the inspiring journey of E-Sandhai, from empowering local farmers to achieving remarkable growth milestones. Read more about the transformative impact of innovation and collaboration in agriculture! 🚀 Curious about their journey and impact? Read on to find out! ⚡ NITI AAYOG | Atal Innovation Mission Official | Chollin Selvan | Niranchan Kumar S | Sridharan M | Madan A Sendhil | Dr Nagaraj Balakrishnan | pradeepraj m s | Arun Raaj Manickaraj | Dinu Anand R #AICRAISE #ESandhai #AgriTech #Innovation #SustainableAgriculture #FarmToTable #TechForGood #AgricultureRevolution

🚀 Tamil Nadu’s startup scene is a powerhouse of entrepreneurship 🏢 It hosts over 7,800 DPIIT-registered startups, backed by a network of 140 incubators and accelerators statewide. 📈 Since 2019, Tamil Nadu consistently ranks among the top-performing states in the State Startup Rankings, underscoring its vibrant entrepreneurial ecosystem. 🏭 The state has emerged as a preferred destination for both startups and established companies, particularly in manufacturing, boasting over 38,000 factories as of FY20—the highest in the country. 💼 Major players such as Ola Electric and iPhone manufacturers choose Tamil Nadu for their production facilities, contributing to the state's economic growth. 💻 Tamil Nadu leads India in electronics exports, accounting for nearly 23% of the country's total electronics export value, which reached $23.57 billion in FY23. 💰 With a GDP contribution of $278 billion in FY22, Tamil Nadu is the second-largest economy in India and aims to achieve a trillion-dollar economy status by 2030, with startups playing a crucial role. Amazing founders/cofounders of the companies mentioned in the list – Kishan Karunakaran, Venkateswaran Selvan, Sumanth Selvarasu, PRASAD P NAIR, Dr.Tamizh Inian, Chandrasekar C, Karthikeyan Prakash, Iniyavan Vasanthan, Chollin Selvan, Niranchan Kumar S, Viknesh Vadivel, Deepika Thiyagarajan, Vineet Sukumar and Soumendra Ghosh, CFA Follow : Navneet Dass for more such insights #nuggetsbynavneet #startupindia P.S - the list is in no particular order Companies - Buyofuel, Juicy Chemistry, Greenviro Global Pvt. Ltd., Farmagain, Putchi Maternity Solutions Inc. , V SAFE:World's First Smart Locker & Smart Door Locks, eSandhai, FRIGATE, Vivriti Capital

On 31.12.2023, eSandhai has achieved a fresh milestone of 10 Crores Revenue for the FY 23-24 in a small geography of 50 KM Radius in a single category of F&V, compared to 1.6 Cr revenue in the FY 22-23 which is 6X growth in last 9 months. But, as a team we are not rejoicing this moment as we are capable of something more. We have tried only 10% of our Short term goals. Also, we at eSandhai took a unconventional path in this startup ecosystem, where we concentrate more on Profitability on a Particular geography and build a Pragmatic model which can be replicable. We are 6 to 8 months away from reaching 2 to 4% of PAT, where it can grown up to 8 to 10 % in Scale. Post that, we intent to jump into multiple Clusters which we expect 10X growth for FY 24-25. The Model not only generates PAT for eSandhai, rather expecting equal of 8 to 10% of better Profits to Farmers & Businesses. Our Model mainly revolves around Tier2/3, where the other Billion lives and under serviced. More to come. We want to thank team Niranchan Kumar S,Sridharan M, Mothilal Desing, Adi SK,Karthik P R and mentors Sriram Sankaran,Mohan K,Balakrishnan Ranganathan,Suresh Kumar Gunasekaran,Suresh Sambandam,Sreekant Sreedharan and many more for firmly believing in our thesis. StartupTN,Sivarajah Ramanathan,Sathish Ganesan,NATIVELEAD,The Chennai Angels,Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC),Gana SK,Karthic Ramamoorthy

In October 2023, eSandhai marked a historic milestone in the Agri Value Chain Domain, becoming the trailblazer in India with an extraordinary achievement.  With a noteworthy ARR of 18Cr, merely half a year after securing seed funding, eSandhai proudly unveiled a positive EBIDTA of 8% for a month. This remarkable accomplishment not only positions us as pioneers but also reaffirms our dominance in the industry, a testament to our adept navigation of the favorable business environment we find ourselves in. We feel, eSandhai achievement will be first of kind in the country. Our team's passion knows no limits; we've merely skimmed the surface of our potential, achieving just 20% of our Short-Term Goal and a humble 2% of our Long-Term Goal. Despite these initial stages, eSandhai remains unwavering in its mission to address India's formidable 130 Billion $ agri value chain challenge, emphasizing a commitment to reducing food wastage by 27%. With a food wastage rate of only 3% compared to the market's 30%, eSandhai has showcased that transformative change is not only feasible but also within our grasp. As we step into a future where our impact will scale unimaginably, our optimism remains unshakable. This minor yet momentous milestone propels us to even greater altitudes, inspiring us to dream grander, envision bolder strategies, and perpetually innovate. eSandhai is more than just a company; it represents a revolution, and we stand poised to reshape not only the agricultural landscape but also ventures beyond, pioneering a transformative era. We anticipate that the numbers may vary significantly in scale, and we aim to maintain the fundamental nature of this model. NATIVELEAD The Chennai Angels Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC) AIC RAISE Mohan K Suresh Kumar Gunasekaran Suresh Sambandam Sivarajah RamanathanMridula Ramesh Balakrishnan Ranganathan Sriram Sankaran Sreekant SreedharanSarbinder Singh IFU StartupTN #startupindia Sridharan MNiranchan Kumar S Mothilal Desing Adi SK Karthik P R   #sustainable #resiliance #statups #supplychain #sdggoals #esg #ebidta #agristartups #agrisuppychain #foodvaluechain

"It's a momentous day as we met with Muthu Murugappan, one of our esteemed investors in The Chennai Angels and the CEO of Murugappa Group at their Corporate Office in Chennai. We are thrilled to present our ambitious vision of extending our footprint to every doorstep within the B2B segment in South India's Tier 2/3 cities by the year 2028. Challenge is reaching them 365 days at 6 AM on Daily Basis which will reduce their inventory of 10 days to 2 days in B2B Stores. During our meeting, we delved into potential synergies and strategies to effectively bring few of their products to the market. At eSandhai, our ultimate goal is to streamline the agricultural produce supply chain, significantly reducing wastages. Our approach involves implementing up-selling and cross-selling of FMCG (food products), a strategy that promises superior unit economics for our supply chain. Currently, we serve 2600 customers within a 40 km radius, representing just 2% of our Ideal Customer Profile (ICP). We are poised for rapid expansion and anticipate reaching 10,000 B2B stores within the next six months. Furthermore, we are dedicated to supporting small brands and exceptional food-related products that aspire to penetrate Tier 2/3 cities. Our commitment lies in championing these products and ensuring they reach their rightful audience in these burgeoning markets. Adding we Consistently achieved 1 Crore or more revenue for 6th month in a row, developing more products to be more sustainable in scale. NATIVELEAD FOUNDATION The Chennai Angels Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC)AIC RAISEMohan KSuresh Kumar GSuresh Kumar GSriram SankaranSivarajah RamanathanMridula RameshBalakrishnan RanganathanStartupTN Sridharan M Niranchan Kumar S Mothilal Desing Karthik P R Adi SK   #sustainable #resiliance #statups #supplychain #sdggoals #esg #foodproducts

eSandhai is growing every quarter, doubling down on its growth. The sustainability and resilience of our model is more important to us than growth. In the current quarter, we are going deeper rather than wider and understanding the depth of the market. We are working on Customer Retention, Customization of Products, Quality, Pricing Strategy, and Improving Delivery Time. We are thankful for our team's commitment to achieving the same 24 hours a day. Investing & mentoring support keeps us moving forward. NATIVELEAD FOUNDATION | The Chennai Angels | Tamil Nadu Infrastructure Fund Management Corporation Ltd. (TNIFMC) | AIC RAISE | Mohan K | Suresh Kumar G | Suresh Sambandam | Sriram Sankaran | Sivarajah Ramanathan | Mridula Ramesh | Balakrishnan Ranganathan | StartupTN Sridharan M | Niranchan Kumar S | Mothilal Desing | Karthik P R | Adi Sk and team #sustainable #resiliance #statups #supplychain #sdggoals #esg