Market Research Report: RuKart Technologies

Company Overview

• Name: RuKart Technologies

• Mission: To develop an economically profitable and environmentally sustainable farm-ecosystem, improving income and bargaining power for farmers, reducing input costs, and creating local employment and training through micro-clusters.

• Founded: 2019

• Founders: Gunvant Nehete, Sharayu Sunil Kulkarni, and Vikash Jha, alumni of IIT Bombay.

• Key People: Vikash Jha, Sharayu Sunil Kulkarni, Gunvant Nehete

• Headquarters: Plot No. B, Basaveshwar Nagar, Industrial Estate, Hotgi Road, Solapur, Maharashtra, India.

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Innovative, low-cost, farm-based solutions designed to assist marginal farmers by enhancing farm productivity, increasing produce sell price, and providing sustainable agricultural practices.

Products

Subjee-Cooler

• Description: A maintenance-free cold storage solution for flowers, fruits, and vegetables, functioning without electricity or other energy sources.

• Key Features:

• Zero operational cost, requiring only 15-20 Litres of water per day.

• Natural ripening chamber for a variety of fruits.

• Extends freshness and shelf-life of produce for 4-6 days.

• Reduces wastage by controlling fungus growth.

• Enhances selling price by 25-30%.

• Designed for farm-gate use.

Mobile Subjee-Cooler

• Description: No specific details in the provided data.

• Key Features: No information is available

Peek-Rakshak

• Description: A solar-powered audio and light system providing crop protection from animals.

• Key Features:

• Offers 72 hours of battery backup.

• Multi-animal protection covering acres.

• Reduces animal-human conflict.

• Eliminates need for on-farm guarding.

Treadle Pump

• Description: A portable, lightweight water pumping solution with zero energy cost.

• Key Features:

• No electricity or fuel required.

• Pumps water from up to 23 ft. depth.

• Protects land from over-irrigation.

• Suitable for use by all operators, including children.

GM Microvestor

• Description: A micro water harvesting system to store up to ~7500 litres.

• Key Features:

• Stores rainwater and can be refilled from other sources.

• Allows for pisciculture.

• Long-life and low recurring cost.

Recent Developments

• Innovations: RuKart has developed several low-cost farm innovations such as the Subjee Cooler and Treadle Pump that address practical challenges faced by small farmers. These solutions are designed to be simple, robust, and financially accessible.

• Impact and Adoption: As of recent data, RuKart technologies like the Subjee Cooler have gained positive visibility, notably during the COVID-19 pandemic. The product has a tangible impact on farmers’ ability to store and sell produce at better prices by keeping the produce fresh for longer durations.

• Partnerships and Collaborations: RuKart has raised seed funding from CTARA – IIT Bombay, backed by active guidance from departmental professors and collaborations within the local and regional agricultural communities.

• Expansion Plans: RuKart plans to expand its presence to 35-40 districts across 7-8 Indian states, alongside initiatives to empower women through the Women Technology Centre for Subjee Cooler installations.

This report reflects all available data on RuKart Technologies as per the provided information. All sections that lack details have been noted as "No information is available."