Last Mile Enterprises Ltd — Updates, 02-05-2025: Company Update

Last Mile Enterprises Limited has announced the launch of a joint venture, AgriMile, with Agribid to empower over 1.5 crore small and marginal farmers in India. AgriMile offers a digital platform delivering satellite-based crop monitoring, hyperlocal weather forecasts, soil testing, and multilingual advisory services to improve farming decisions and resilience. The JV aims to expand into certified inputs, agri-equipment rentals, digital crop insurance, credit access, and market linkages. With an annual subscription model priced at ₹500, the venture targets ₹750 crore in recurring revenue by reaching just 10% of India's farming community, enhancing rural livelihoods and sustainable agriculture.