ReshaMandi – the largest farm-to-fashion digital ecosystem for natural fibres in India – recently launched version 2.0 of its IoT device, an in-house creation aimed at stepping up technical assistance to farmers. IoT devices are provided to farmers who have partnered with Reshamandi as part of the platform’s overall product offering. The Resha Abhivruddhi package, which includes the new IoT device, offers farmers a monetary assurance in case of crop failure and an insurance as well. So far, 85% of the total claims made have been settled, with the highest claim made by a farmer being INR 1.8 lacs. A 10 to 15% boost in farm-level yield has already been observed with farmers using the latest device. As per projections, this will rise to 25 to 30% in the future.

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