2. Labour scarcity is disrupting the farm labour market...
0
20
40
60
80
100
120
140
160
180
200
96-97 97-98 98-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16
MaharashtraAverageWageRate(INR/day)
Introduction
of NREGA
CAGR 5% CAGR 14%
Source: National Rural Employment Guarantee Scheme (NREGA) Data, Maharashtra Development Report 2002, Reports
CAGR: Compounded Annual Growth Rate
3. …with food grain harvesting as an interesting mechanisation opportunity..
Labour Intensive
Time Sensitive
15 labour days/acre for rice
1-2 week harvesting window once
crop ready
Single machine for 8-month demand
About 4-5 crops can have 8 month
harvesting demand through geo switching
Less Risks
Cash inflow just after harvesting and
reduced monsoon risks
4. Combine Harvester
• Harvests 8-10 different crops
• Travels easily on roads
• Can be used for both Kharif
and Rabi
• Billion dollar market in MP,
Rajasthan, Chhattisgarh and
Odisha
50%
Harvesting Labour Costs
Oxen focuses on fully mechanised harvesting services
5. Farmer benefits from the technology…
Cost Savings of >50%
4200 INR/acre manual vs 1500-
1800 INR/acre machine
Time Saving >
Mitigating risks due to untimely rainfall, 2.5
days manually vs 1 hour with combine,
reduced drudgery for women
Wastage Reduction
Reducing number of handling
6. …and pays only per acre avoiding upfront capital investment...
7. Oxen leverages technology to solve route optimization problem…
Searching Market
Which direction should I go from
here
Pilferages
Diesel, acreages, price
8. by creating a technology platform
• Measure acreages
automatically
• Satellite imagery and weather
analysis to predict markets
• Collect detailed farm data
9. Team
Saeed, CTO
B Tech-M Tech (Computer Science) IIT
Kanpur, mobile applications at Google,
algorithmic tools at Symantec, MTech
thesis in image processing
Vishwajeet Sinha, CEO
B Tech IIT Kanpur, assistant CEO role
atIndia’s largest horticulture exports
company, led German government funded
projects in agriculture innovation
10. • Raised funds from Angels at Abu
Dhabi Investment Authority, Essar
• Incubated at IIT Kanpur
• Crossed 5,000 acres of harvesting
soybean, pulses and rice in
Madhya Pradesh and Chhattisgarh
• Planted and harvested potatoes
for PepsiCo across more than 200
acres
• Signed agreement with Tata
Trusts for mechanisation
promotion
Status
