Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, has signed a Memorandum of Understanding (MoU) with Agrosperity Tech Solutions Private Limited, the developer of the KiVi (Kisan Vikas) platform, to explore collaborative initiatives aimed at strengthening India’s agricultural ecosystem through technology-driven solutions. The collaboration will operate under Project AVIO Agritech, an initiative launched by ASMS to build an integrated agriculture services platform combining digital technology, financial services, and rural commerce.
Over the past several years, ASMS has developed a large financial inclusion network through its banking correspondent infrastructure, connecting with more than 5,000 villages across India. Building on this rural outreach network, Project AVIO Agritech aims to introduce new agricultural and sustainability-focused services by partnering with specialised technology providers.
Agrosperity Tech Solutions, headquartered at the IIT Madras Research Park in Chennai, operates the KiVi platform, a “phygital” ecosystem that combines digital tools with on-ground franchise networks. Through this platform, farmers and agri-entrepreneurs receive access to services such as agricultural credit, input procurement, agronomy advisory, and market linkages.
The MoU outlines several potential areas of collaboration between the two companies. One of the key focus areas will involve using ASMS’s rural outreach network to generate farmer leads for agricultural credit solutions. The partnership will also explore opportunities in agri-commodity supply chain financing, helping buyers and suppliers within the agricultural value chain access financial support.
Additional collaboration areas include expanding distribution networks for agricultural inputs and exploring infrastructure development in commodity warehousing and post-harvest storage systems. The companies will also evaluate sustainability initiatives related to agriculture, including projects focused on carbon sequestration and climate-linked agricultural practices. By combining ASMS’s rural infrastructure and network access with Agrosperity’s digital platform capabilities, the partnership aims to create scalable services that benefit farmers, rural enterprises, and agricultural supply chains.
Dr Raja Krishna Murthy Morla, Head – Agri Tech Business at ASMS, said the objective of Project AVIO Agritech is to create practical collaborations that integrate technology platforms, financial services, and operational capabilities. He added that the partnership with Agrosperity and its KiVi platform introduces important capabilities related to credit access, supply chain integration, and farmer-focused services.
N Vidhya Sagar Reddy, Managing Director of ASMS, said the company’s financial inclusion infrastructure has provided a strong foundation for expanding into agriculture-focused initiatives. Through Project AVIO Agritech, the company aims to collaborate with specialised partners to develop new services that support economic opportunities for farmers and rural communities.
Avio Smart Market Stack Limited has expanded its operations into multiple sectors including health technology, agriculture services, financial inclusion, and digital infrastructure for rural markets.The company is currently working toward building a unified rural operating platform designed to integrate financial services, agriculture support systems, climate solutions, and rural commerce. Through these initiatives, ASMS aims to contribute to the development of digitally connected rural ecosystems that empower farmers and underserved communities across India.
