What the bank can see is the field. Satellites pass over every field in India every few days. Their images show what is planted where, and how well it is growing. Software turns those images into information a bank or an insurer can use. This is the first way software reaches the farm: from above.
The satellites themselves are covered elsewhere.
Every company named here has posted software engineering jobs in India. Famous companies that don't actively hire software engineers in India are left out.
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- Banks lending to farmers, which want to know that the crop is real before they lend.
(More on how lenders decide in Market Segment 18.3, Credit bureaus, scoring and underwriting, in Industry Vertical 18, Lending and credit.) - Insurers covering crops, which need to know what was sown and how much of it was damaged. India runs a large government-backed crop insurance scheme, so this is a big job.
(More on how insurers decide in Market Segment 21.3, Underwriting, pricing and claims analytics, in Industry Vertical 21, Insurtech.) - Governments forecasting harvests, which need to know how much of each crop the country will produce.
Most Indian farmers have no credit history a bank can read. But their fields can be seen from space every few days. AI models turn those images into a record of what a farmer grows and how reliably. Banks then lend on that record. Back to the cotton farmer from the start of this Market Segment: before it lends, the bank can look back at several past seasons of the field from space. Satellite data is becoming the farm's credit history.
Who these companies hire, and for what, is on What agritech companies hire for.