LAHORE/ISLAMABAD: Farmdar, a leading agricultural Pakistani Agritech startup, announced the launch of AgromAI, a fintech venture in Brazil.
“At AgromAI, we harness the power of artificial intelligence (AI) and geospatial data to revolutionize agricultural financial solutions in Brazil. By leveraging advanced algorithms and cutting-edge technology, we provide financial institutions and insurers with highly accurate, individual farm-level intelligence,” said Muzaffar Manghi, co-founder of Farmdar.
This enables optimized credit and insurance risk management, paving the way for enhanced productivity, profitability, and sustainability in the agricultural sector.
Brazil’s agriculture contributes significantly to global food production, with total agricultural production valued at $170+ billion, while crop insurance alone accounts for R$9+ billion annually.
As Farmdar, we are extremely proud to export our artificial intelligence and data-backed products developed solely by Pakistani engineers.
It is a testament to the innovation of Pakistani talent and their potential to make a contribution to the global agri-tech industry.
“We are excited to bring these cutting-edge solutions to Brazil, empowering financial institutions and insurers with AI-driven insights,” he added.
He asked the key stakeholders to join them in this transformative journey as we revolutionize agricultural financial solutions in Brazil and beyond with AgromAI.
