Title: EXPLORING AGRI-STARTUPS IN BENGALURU: SECTOR INSIGHTS AND ENTREPRENEURIAL PROFILES

Authors: Pavithra V., Somasekaran Subash and M. C. A. Devi

Publisher: The President, Society of Extension Education Gujarat

Keywords: startup, agri-startup, entrepreneurs, agri-tech and entrepreneurial profile characteristics

Volume: 38

Issue: 2

Year: December 2024

DOI: https://doi.org/10.56572/gjoee.2024.38.2.0026

Abstract: This study explores the vibrant Agri-Startup ecosystem in Bengaluru, Karnataka, focusing on the sectors in which these startups operate and the characteristics of the entrepreneurs. Through a comprehensive survey and analysis, the research identifies key trends within this sector and provides insights into the unique entrepreneurial landscape of the region. The study reveals a diverse range of Agri-Startup operating in various sectors, including agri-tech (71.42 %), food processing (07.14 %), organic (14.28 %), and dairy Startups (07.14 %). The Agri-Startups are at different stages of development ideation (21.43 %), validation (37.50 %), early-traction (30.36 %) and scaling up stage (10.71 %) enterprises. Entrepreneurs in Bengaluru's Agri-Startup scene exhibit a mix of educational backgrounds and professional experiences, with a strong focus on innovation and sustainability. The major findings of the study revealed that about one-third (33.93%) of the Agri-Startups had acquainted with incubators, accelerators (10.71%) and mentors (42.86%). Education, experience, and training significantly influence stakeholder support, with higher education correlating strongly with incubators and accelerators. Overall, this study offers valuable perspectives on the state of Agri-Startup profile attributes of entrepreneurs in Bengaluru, serving as a guide for investors, policymakers, and other stakeholders interested in supporting and nurturing this dynamic sector.