Tun Yat is an on-demand agri-tech service provider based in Myanmar, founded in 2017. The company addresses the affordability issue faced by most farmers who are unable to purchase farming machinery but can afford to rent them. It operates on an Uber for Tractor model, offering affordable and reliable services to lower-income farmers through a fleet of high-quality farming machines sourced from reputable manufacturers such as Kubota, New Holland, and John Deere. Additionally, the company provides skilled machine operators to ensure efficient utilization and better yields for the farmers. Tun Yat's IoT sensor devices collect accurate machine utilization data that are sought after by tractor dealers and banks for loan analysis. The company further extends its services through a "farming-as-a-service" approach, offering premium services such as high-quality seeds, fertilizers, post-harvest transportation, and guaranteed crop buy-back service. Tun Yat also partners with an ERP system to build transaction data for credit scoring and future bank tractor loans. Beyond its core services, Tun Yat is engaged in research efforts, exemplified by its analysis of Rice, Pulses, and Fisheries Systems in the Ayeyarwady Delta Region. The company's operations are supported by a Facebook Platform that connects tractor owners, dealers, and farmers. In summary, Tun Yat's innovative approach to providing on-demand agricultural machinery services, coupled with its dedication to research and partnerships, positions the company as a significant player in the agri-machinery sector.
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