Bartronics India expands into climate-tech, targets carbon credits for farmers

Bartronics India Limited, with a strong presence in rural financial inclusion across 5,000 villages and access to over 40 million farmers, has signed a non-binding Memorandum of Understanding (MoU) with Net Zero Initiative Private Limited ("RenewCred"). RenewCred is an India-based climate-tech startup focused on building a blockchain-enabled carbon credit registry. This partnership marks Bartronics' entry into the climate-tech and agri-tech space.

The collaboration aims to facilitate Indian farmers' participation in global carbon markets by encouraging sustainable agricultural practices that improve soil health and generate verified carbon credits. These credits can be monetized, providing an additional income stream for farmers and bolstering India's rural economy. RenewCred will provide advanced digital MRV systems, drone-based monitoring, and blockchain-powered verification to ensure transparency and credibility in the carbon credit program.

Bartronics, under new management, is broadening its vision beyond financial inclusion to include agri-tech and climate-tech adjacencies. The company intends to leverage its extensive farmer network to unlock global sustainability opportunities. Globally, carbon markets are projected to become a multi-billion-dollar industry by 2030.