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bryan@krishistar.com | +91 9769825888 | krishistar.com | Mumbai, India
Farmer-owned businesses
Building a supply chain network of
farmer-owned food processing units
Market linkages
Developing products and selling
through the Krishi Star brand
Introduction
Our vision is to improve incomes for small farmers
Small Farmers
Profile
1-2 acres
INR 30-50k / yr
Challenges
Market power
Environment
Infrastructure
Food Processing
Advantages
Higher value supply chain
Harvest independent
200M
Living in rural poverty
3M Cr
Growth expected by 2021 (INR)
Introduction
India’s food processing industry has good overall growth potential and benefit potential to small farmers
Small Farmers
Profile
1-2 acres
INR 30-50k / yr
Challenges
Market power
Environment
Infrastructure
Food Processing
Advantages
Higher value supply chain
Harvest independent
200M
Living in rural poverty
3M Cr
Growth expected by 2021 (INR)
Introduction
If small farmers could capture even 1% of the industry’s growth it would double incomes for 6M small farmers
Small Farmers
Profile
1-2 acres
INR 30-50k / yr
Challenges
Market power
Environment
Infrastructure
Food Processing
Advantages
Higher value supply chain
Harvest independent
200M
Living in rural poverty
3M Cr
Growth expected by 2021 (INR)
1%30k Cr
Impact potential (INR)
6M
# farmers income doubled
Introduction
This potential for small farmer impact and India’s economy as a whole has sparked the growth of a support ecosystem
of NGOs, government, and private supporters
Small Farmers
Profile
1-2 acres
INR 30-50k / yr
Challenges
Market power
Environment
Infrastructure
Food Processing
Advantages
Higher value supply chain
Harvest independent
Support ecosystem (NGO, Gov)
200M
Living in rural poverty
3M Cr
Growth expected by 2021 (INR)
1%30k Cr
Impact potential (INR)
6M
# farmers income doubled
Market linkages
Product innovation
Quality control
Introduction
However, despite unmet market demand, this potential is not realized because of challenges in market linkages, quality
control, and product innovation
Small Farmers
Profile
1-2 acres
INR 30-50k / yr
Challenges
Market power
Environment
Infrastructure
Food Processing
Advantages
Higher value supply chain
Harvest independent
Support ecosystem (NGO, Gov)
200M
Living in rural poverty
3M Cr
Growth expected by 2021 (INR)
1%30k Cr
Impact potential (INR)
6M
# farmers income doubled
Introduction
Krishi Star is creating a scalable, sustainable business that unlocks this impact potential for small farmers
Small Farmers
Profile
1-2 acres
Challenges
Market power
Environment
Infrastructure
Food Processing
Advantages
Higher value supply chain
Harvest Independent
Support ecosystem (NGO, Gov)
30k Cr
Impact potential (INR)
45k Cr
Business potential (INR)
Our Model
We are building a network of farmer-owned processing units, and selling products through our Krishi Star brand. Krishi
Star is involved in multiple stages of the supply chain to ensure quality and consistency.
Farmers
Farmer-owned processing
units
Institutional customers
Farmer-owned canning unit
Lachakadi, Gujarat
Training session at farmer-
owned drying unit
Pune, MaharashtraOps guidance and quality
controls for processing unit
Direct procurement from
farmers to processing unit
Purchase of product from
processing unit
Marketing, selling,
distribution of products
under Krishi Star Brand to
end customers
Key Activities
On-the-Ground
Our current range of core products
Whole Peeled
Tomatoes
Current Market
HORECA
Future Market
Retail
Sun Dried Tomatoes
Current Market
HORECA, B2B
Future Market
Retail
Tomato Puree
Current Market
HORECA
Future Market
Retail
Dried Oyster
Mushrooms
Current Market
HORECA, B2B
Future Market
Retail
Marketing and Sales
To our customers, we offer high quality, affordable products.
Best Value, Natural Quality Standards, Innovation
Local Advantage Global Best Standard
Impact
Our main focus has been growing demand. We are now positioned to multiply impact and drive cost savings
Direct Procurement of fresh tomatoes
Set up of village level
procurement centers for
fresh tomatoes
Budget – INR 9L
INR 19L
Procurement from farmers
5%
Input Cost Reduction - KS
Upgradation of existing processing units
Upgrade existing farmer-
owned units, re-
incorporate into supply
Budget – INR 7L
INR 46L
Revenue to farmer-owned
4%
Product Cost Reduction - KS
R&D / Demo site
Facilitate new farmer-
owned units through
demo-site
Budget – INR 10L
1
2
3
0
100,000
200,000
300,000
400,000
FY 14-15 FY 15-16
Need for Upgradation
Revenue to Units
Fundraise
Krishi Star is currently raising INR 2 Cr to implement these initiatives and reach breakeven.
Capital Requirement - INR 2 Cr
Projected Breakeven - October 2019
Runway - 2 years under multiple scenarios
Budget Usage
R&D
10%
Sales and
Marketing
31%
Operations /
Impact
34%
Overhead
18%
Finance/Legal
7%
Farmer Impact potential
INR 5 Cr
KS Revenue
INR 8 Cr
at breakeven… * Annual run rate
Fundraising details
Team
Krishi Star Team
Bryan Lee
CEO
• iFarms (business development),
Accenture (marketing, media)
• MBA , Kellogg School of
Management
• BS Mechanical Engineering,
Cornell University
Agastya Chopra
Business Operations
• Anca Leathers (factory ops, supply
chain, institutional sales)
• Gaia Conservation
• BS Business Management, Rochester
Institute of Technology
Abdul Rahiman
Finance / Business Development
• Excel Crop Care (Agri inputs,
Institutional sales)
• ABM, IIM Ahmedabad
• BS Agriculture, Kerala Agricultural
University
David Nott
Product Development / HR
• Waitrose, Marks & Spencer (food
retail, management)
• Advanced Diploma, Psychotherapy
Queen Mary’s University
• BS Building Services and
Engineering Science, South Thames
College
Team
Krishi Star Team
Korak Chattopadhyay
Operations
• NABARD
• Agribusiness Economics, Gokhale
Institute, Pune
• BA Economics, Visva-Bharti, West
Bengal
Suproteek Chowdhury
Sales
• JSW Steel
• MS Management & Engineering,
RWTH Uni, Germany
• BTech, Manipal University
Ishaan Handa
Business Development
• J.P. Morgan, Axis Bank
• BS Finance, HKUST Business
School, Hong Kong
Press Partners / Advisors
Team
Partners and Recognition
Click to view Click to view

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15101451727965.pdf

  • 1. bryan@krishistar.com | +91 9769825888 | krishistar.com | Mumbai, India Farmer-owned businesses Building a supply chain network of farmer-owned food processing units Market linkages Developing products and selling through the Krishi Star brand
  • 2. Introduction Our vision is to improve incomes for small farmers Small Farmers Profile 1-2 acres INR 30-50k / yr Challenges Market power Environment Infrastructure Food Processing Advantages Higher value supply chain Harvest independent 200M Living in rural poverty 3M Cr Growth expected by 2021 (INR)
  • 3. Introduction India’s food processing industry has good overall growth potential and benefit potential to small farmers Small Farmers Profile 1-2 acres INR 30-50k / yr Challenges Market power Environment Infrastructure Food Processing Advantages Higher value supply chain Harvest independent 200M Living in rural poverty 3M Cr Growth expected by 2021 (INR)
  • 4. Introduction If small farmers could capture even 1% of the industry’s growth it would double incomes for 6M small farmers Small Farmers Profile 1-2 acres INR 30-50k / yr Challenges Market power Environment Infrastructure Food Processing Advantages Higher value supply chain Harvest independent 200M Living in rural poverty 3M Cr Growth expected by 2021 (INR) 1%30k Cr Impact potential (INR) 6M # farmers income doubled
  • 5. Introduction This potential for small farmer impact and India’s economy as a whole has sparked the growth of a support ecosystem of NGOs, government, and private supporters Small Farmers Profile 1-2 acres INR 30-50k / yr Challenges Market power Environment Infrastructure Food Processing Advantages Higher value supply chain Harvest independent Support ecosystem (NGO, Gov) 200M Living in rural poverty 3M Cr Growth expected by 2021 (INR) 1%30k Cr Impact potential (INR) 6M # farmers income doubled
  • 6. Market linkages Product innovation Quality control Introduction However, despite unmet market demand, this potential is not realized because of challenges in market linkages, quality control, and product innovation Small Farmers Profile 1-2 acres INR 30-50k / yr Challenges Market power Environment Infrastructure Food Processing Advantages Higher value supply chain Harvest independent Support ecosystem (NGO, Gov) 200M Living in rural poverty 3M Cr Growth expected by 2021 (INR) 1%30k Cr Impact potential (INR) 6M # farmers income doubled
  • 7. Introduction Krishi Star is creating a scalable, sustainable business that unlocks this impact potential for small farmers Small Farmers Profile 1-2 acres Challenges Market power Environment Infrastructure Food Processing Advantages Higher value supply chain Harvest Independent Support ecosystem (NGO, Gov) 30k Cr Impact potential (INR) 45k Cr Business potential (INR)
  • 8. Our Model We are building a network of farmer-owned processing units, and selling products through our Krishi Star brand. Krishi Star is involved in multiple stages of the supply chain to ensure quality and consistency. Farmers Farmer-owned processing units Institutional customers Farmer-owned canning unit Lachakadi, Gujarat Training session at farmer- owned drying unit Pune, MaharashtraOps guidance and quality controls for processing unit Direct procurement from farmers to processing unit Purchase of product from processing unit Marketing, selling, distribution of products under Krishi Star Brand to end customers Key Activities
  • 9. On-the-Ground Our current range of core products Whole Peeled Tomatoes Current Market HORECA Future Market Retail Sun Dried Tomatoes Current Market HORECA, B2B Future Market Retail Tomato Puree Current Market HORECA Future Market Retail Dried Oyster Mushrooms Current Market HORECA, B2B Future Market Retail
  • 10. Marketing and Sales To our customers, we offer high quality, affordable products. Best Value, Natural Quality Standards, Innovation Local Advantage Global Best Standard
  • 11. Impact Our main focus has been growing demand. We are now positioned to multiply impact and drive cost savings Direct Procurement of fresh tomatoes Set up of village level procurement centers for fresh tomatoes Budget – INR 9L INR 19L Procurement from farmers 5% Input Cost Reduction - KS Upgradation of existing processing units Upgrade existing farmer- owned units, re- incorporate into supply Budget – INR 7L INR 46L Revenue to farmer-owned 4% Product Cost Reduction - KS R&D / Demo site Facilitate new farmer- owned units through demo-site Budget – INR 10L 1 2 3 0 100,000 200,000 300,000 400,000 FY 14-15 FY 15-16 Need for Upgradation Revenue to Units
  • 12. Fundraise Krishi Star is currently raising INR 2 Cr to implement these initiatives and reach breakeven. Capital Requirement - INR 2 Cr Projected Breakeven - October 2019 Runway - 2 years under multiple scenarios Budget Usage R&D 10% Sales and Marketing 31% Operations / Impact 34% Overhead 18% Finance/Legal 7% Farmer Impact potential INR 5 Cr KS Revenue INR 8 Cr at breakeven… * Annual run rate Fundraising details
  • 13. Team Krishi Star Team Bryan Lee CEO • iFarms (business development), Accenture (marketing, media) • MBA , Kellogg School of Management • BS Mechanical Engineering, Cornell University Agastya Chopra Business Operations • Anca Leathers (factory ops, supply chain, institutional sales) • Gaia Conservation • BS Business Management, Rochester Institute of Technology Abdul Rahiman Finance / Business Development • Excel Crop Care (Agri inputs, Institutional sales) • ABM, IIM Ahmedabad • BS Agriculture, Kerala Agricultural University David Nott Product Development / HR • Waitrose, Marks & Spencer (food retail, management) • Advanced Diploma, Psychotherapy Queen Mary’s University • BS Building Services and Engineering Science, South Thames College
  • 14. Team Krishi Star Team Korak Chattopadhyay Operations • NABARD • Agribusiness Economics, Gokhale Institute, Pune • BA Economics, Visva-Bharti, West Bengal Suproteek Chowdhury Sales • JSW Steel • MS Management & Engineering, RWTH Uni, Germany • BTech, Manipal University Ishaan Handa Business Development • J.P. Morgan, Axis Bank • BS Finance, HKUST Business School, Hong Kong
  • 15. Press Partners / Advisors Team Partners and Recognition Click to view Click to view