Tue Aug 06 2024
2 min read
At eFeed, precision is more than just a buzzword; it’s the essence of their revolutionary approach to animal management and nutrition. Founded by Kumar Ranjan in Pune, Maharashtra, in 2021, eFeed leverages artificial intelligence to provide personalised feed recommendations that enhance yields and reduce methane emissions. This innovative startup is transforming the agricultural landscape with the simple yet powerful belief that smartphones are the most effective and affordable sensors available to farmers today.
Since partnering with Klub for debt financing, eFeed has seen remarkable growth. Klub is a growth enablement platform that provides debt capital and business loan for startups. Their journey, which began with a small cheque, has expanded nearly tenfold in just a year. This debt funding boost has empowered eFeed to enhance their mobile application, streamline data collection through built-in sensors, and offer invaluable digital advisory services to farmers at no cost.
Kumar Ranjan, founder of eFeed, reflects on their experience on debt funding with Klub by saying “Klub was very kind enough to give us a small cheque. From a very small cheque to being almost 10x the size in one year, I think growth has been phenomenal, and I think the Klub partnership became phenomenal for us.”
eFeed’s mission is twofold: to mitigate methane emissions in developed economies and to enhance milk and meat production yields in emerging markets. Their farmer-facing mobile app gathers crucial data, identifies deficiencies, and formulates specialty premixes and additives to boost yields and reduce emissions. Precision data on cattle health helps predict potential diseases, recommend localised feeding, and estimate milking during lactation cycles, ensuring proactive diagnostics and tailored nutrition for each animal.
Today, eFeed proudly collaborates with over 300,000 farmers across India, directly improving the quality of animal products and ensuring traceability in animal nutrition. Their commitment to working closely with farmers results in better growth and quality of livestock, ultimately providing farmers with improved harvests and incomes.
Klub takes immense pride in being a part of eFeed's journey as their financial growth partner. To all those striving to write their own success stories, join the Klub today and be a part of this extraordinary community. Cheers to precision, innovation, and sustainable growth with eFeed!