Social VC Investments

Agri risk management co WRMS raises $2.19 M in grant from InsuResilience Solutions Fund

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Gurugram-based agriculture risk management firm WRMS (Weather Risk Management Services) has secured 2.1 million euros (USD 2.19 million) to improve the resilience of 100,000 smallholder Indian farmers against climate risks, to incentivize smart agricultural risk management practices, as well as to scale up the yield guarantee solution for crops such as cotton, chili, paddy, wheat, and potato. The firm's solution SecuFarm is offered to more than 25,000 farmers in 22 states either directly or by partnering with farmer producer companies, agriculture input companies, and local banks.

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