63 Moons Technologies Ltd.

Financial Technologies’ promoted National Spot Exchange (NSEL), has tied-up with farmers to float a company, Western Ghats Agro Growers (WGAGL), which will facilitate direct selling of agricultural produce to consumers.

WGAGL has been set up in the high range of Kerala where the farmers will be able to store there produce. By pledging their warehouse receipts the farmers will be able to avail bank loan which will further enhance their holding power thereby enabling them to receive off-season premium.

Over a period of time WGAGL will graduate to become one stop shop for the farmers in this region. Also in order to provide seed, fertilizer, pesticide and other inputs to the farmers it will tie up with agri input companies.

NSEL is jointly promoted by Financial Technologies India (FTIL) and National Agricultural Co-operative Marketing Federation of India (NAFED). It is a national level institutionalized, electronic, and transparent spot exchange.