Farm Partnership with eeki - Frequently Asked Questions (FAQs)

There are many investment options available in the market but not all of them are as fruitful as they look. Imagine an ideal investment that's not only secure but also guarantees fixed and regular returns. 

Eeki has come up with a unique investment opportunity that not only offers attractive financial returns but also builds long-term fixed assets for you. We are building smart farms across the country and are looking for partners who can collaborate with us on the same. In recent times, there has been a significant diversion towards smart farming and it is considered the most booming sector in the Indian economy. This is because these next-generation farms help in mitigating major societal problems such as hunger, malnutrition as well as improve the quality of life of every strata of the society.

What does eeki do?

At eeki, we set up large-scale climate-proof farms which are equipped with our patented growing chambers that allow low-cost production of pesticide-free vegetables. After setting up the farm, we put in the working capital as well, which is used to purchase the seeds, formulate the nutrition recipe as well as perform repairs and maintenance at the farm site. 

Additionally, we have an in-house sales and distribution team that delivers the produce within 24 hours of harvest. 

Today, we have 3 operational farms in Rajasthan viz; Nanta (Kota), Talera (Bundi), and in Bhilwara. And 40 acres of projects are under development, which will be operational in the upcoming months.

How to become a farm partner?

To set up a farm, we require land as well as cost for the set up. You can become our farm partner in 3 possible ways–

Option #1 : Bring in land and bear the cost of setup - In this case, certain conditions should be fulfilled from your side, such as:

1. The minimum required size of the land should be 1 Acre.
2. Certain utilities such as supply of potable water, electricity grid, and internet connection should be available at the farm site. Apart from this, availability of  levelled land and proper fencing would be a major bonus.
3. Land should be located within a range of 50 kms from the city, as this makes it easy for us to gather the raw materials required for the construction of the farm. 

Option #2 : Can only bring land, but can’t bear the cost of setup - In such a situation, you can put your land as collateral and avail a loan @9% interest from any of the reputed financial organisations. Eeki makes sure that the entire procedure is hassle-free as we provide full assistance with the necessary documentation process, such as the preparation of the project report. 

Option #3 : Can bear the cost of setup, but don’t have land - Other than collaborating with farm partners, we’re now building farms on our own land as well. You can put in capital for the farm set up and earn lucrative returns. 

What will be the benefits of partnering with eeki?

1. Tax-Free Agriculture Income - Under section 10(1) of income tax act, the Indian government has decided to not charge any taxes on the revenue generated from agriculture. This way, there’ll be no taxes on the income generated from the eeki farms.
2. High Returns on Investment - Eeki promises a 16-20% return on investment, which is the highest in the market.
3. Long-Term Fixed Assets - Our farms have the ability to withstand harsh natural calamities for upto 30 years, making it a long-term fixed asset.
4. Vacant Land put to Productive Use - The best way to put your barren land into productive use is by building a farm with us. This way more food will be produced and the remaining fertile land can be used for growing niche produce.
5. No Operational Responsibilities - Farming is an intensive job; however, partnering with eeki won’t let you feel like it. This is because we manage the entire value chain, from farm set up to selling and distribution.

What is eeki’s growing technology?

At eeki, we have developed patented growing chambers that create an ideal growing environment for the plant’s root zone without using any growing media like soil or coco-peat. They provide an optimum temperature as well as ample space for roots to grow and expand enabling the production of healthy and nutritious vegetables.

Can I purchase an eeki farm? What is the minimum amount required?

Yes, you can purchase a pre-constructed eeki farm. The minimum amount required is ₹10 Lakhs in which ownership of a fraction of the farm will be transferred to you.

What kind of governmental support is provided to build agricultural infrastructure?

The Indian government has always been supportive of building climate-resilient farming infrastructure. The National Horticulture Board (NHB) provides a subsidy of 25% of the total project cost limited to ₹56 lakh per project as per the applicable cost norms.

What are the basic expenses for building a farm?

Constructing a farm requires various resources, such as polyhouse sheets, growing chambers, water management equipment etc. The expenses to build a farm depend on the quantity of all these resources and the size of land. Request the detailed costing and expenses quotation as per the size of the land by filling in this form.

How do you make sure my money is secure in this investment?

There are various terms and conditions that are mutually agreed upon at the time of the farm partnership contract. Therefore, if a farm partner is promised regular and fixed returns, we make sure to deliver them as per the contract.

What kind of vegetables do you grow at eeki?

At eeki, we are able to produce all types of Indian staple vegetables. Currently, we are into commercial production of tomatoes. And our research team has been dedicatedly working towards formulating the nutrition recipes of other vegetables such as Bottle gourd, Bitter Gourd, Cucumbers, Bell Peppers, and Green Chillies as well.

Why only tomatoes?

Tomatoes are one of the most regularly consumed vegetables in Indian households and therefore are always in demand. They are used in a wide variety of dishes such as curries, sauces, soups, and salads.

Industries such as HORECA have a year-long demand for high-quality tomatoes. Also, we have received pre-orders for tons of kilos of pesticide-free tomatoes from several retailers and distributors across the country. So, finding customers is also not a challenge.

What is the average price of tomatoes?

There are several reasons which affect the demand and supply chain of the tomatoes, such as climatic interferences, storage facilities, and transportation costs. All these factors ultimately affect the prices of tomatoes in the market. However, with the help of eeki’s farming technology we are able to grow tomatoes at nominal prices and sell them at near market prices.

Conclusion

Our vision is a world in which healthy and nutritious vegetables are affordable and accessible to everyone. And to achieve it, we are setting up large-scale climate-proof farms across the country that facilitate year-long production of pesticide-free vegetables. Partnering with us is not only monetarily beneficial but it also makes you a part of this revolution where we are trying to combat hunger & malnutrition and achieve food security.

Join this revolution and become our farm partner now.