Kshema

Kshema is a digital crop insurance company dedicated to providing accessible, affordable insurance to smallholder and marginal farmers in India. The company leverages advanced technology and spatial data analytics to democratize crop insurance coverage for the uninsured 86% of the agricultural population.

Core Products and Services

• Digital crop insurance covering 100+ crops with customizable peril selection (2 out of 8 coverage options)

• Farm-unit level insurance using geo-tagging and GIS technology across 127 agro-climatic zones and 80,000 grids

• AI and ML-driven underwriting analyzing 55+ parameters for individual risk scoring and precise premium pricing

• Pre-harvest risk coverage for climate-induced losses and weather-related perils

• Kshema Cognitive Engine platform providing early warning alerts, weather information, crop health insights, and agricultural training

• I-Agri mobile application for paperless claims processing and real-time settlement tracking

Business Model and Revenue Streams

• Direct-to-consumer (D2C) focused rural insurance with diversified distribution through agents, brokers, input distributors, aggregators, and rural shopkeepers

• Revenue generation through affordable crop insurance premiums starting from ₹499, targeting the uninsured 86% of agricultural population

• Spatial data-driven risk management enabling precise premium pricing and fraud reduction through automated triggers and real-time monitoring

• Positions crop insurance as collateral substitute through partnerships with agricultural lenders and input suppliers

• Secured $20 million from UN Green Climate Fund (November 2025) for expanding coverage to climate-vulnerable farmers and strengthening technological platform