Cropin, an agritech company based in Bangalore, India, has set up the new AI Labs to study and compute cultivable land worldwide. The company says the initiative will help accelerate digital adoption in the sector and transform agriculture into a sustainable, efficient and data-driven industry.
With an initial team of 30 members comprising of earth observation scientists, data scientists, agronomists and artificial intelligence/machine learning researchers, AI Labs will focus on studying and "computing" cultivable lands worldwide. Leveraging the contextual convergence of earth-observation data, geo-fenced field data, AI models and knowledge built and tested over the years, Cropin's AI Labs scientists aim to bring intelligence to every acre of the world's farmlands.
The complex process of "agri-asset computation" brings together hyper local historical and forecasted weather data, soil information, agro-climatic conditions, seed genetics, global crop sowing and harvesting patterns, management practices, agronomical knowledge, land records, farmer "know your customer (KYC)" and other farming insights under one umbrella. Cropin's proprietary knowledge graphs are created on trillions of farm pixel datasets that continuously grow and multiply, allowing the company to build and implement the various AI models in any country in the shortest possible time.
Commenting on the launch of Cropin AI Labs, Krishna Kumar, Cropin's co-founder and CEO, said, "Over the past few years, our earth observation and AI science research teams have built global intelligence models for agriculture that are already unmatched in terms of accuracy and scalability in the real world. Cropin's AI Labs will help us accelerate this effort to compute and bring the benefits of predictive intelligence to every acre of the world's farmlands."
The company's AI/ML-powered predictive risk monitoring and mitigation solutions have registered a revenue growth of more than 110X between 2019 and 2022 and now account for 65% of Cropin's revenues. Cropin's data and insight platforms provide businesses with actionable insights on crop identification and yield estimation; crop health monitoring, biotic and abiotic stress risk mapping, predicting harvest, irrigation and water usage management; and greenhouse gas emission monitoring and climate-smart agriculture advisories.
Founded in 2010, Cropin has worked with 250+ customers and has digitized 16 million acres of farmland, improving the livelihoods of more than 7 million farmers. It has built the world's largest and most diverse farming data insights over a decade, spearheading a global "ag-intelligence" movement with a knowledge of 488 crops and 10,000 crop varieties in 56 countries. With its AI/ML platform tailor-made for the agriculture ecosystem, Cropin has computed 0.2 billion acres of farmlands across the globe.