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Top 10 Agritech Startups In India

Top 10 Agritech Startups In India

In recent years, the agritech sector in India has seen a significant surge in innovation, with numerous startups emerging to address the challenges faced by farmers and enhance the agricultural landscape. Among these, ten notable agritech startups are making remarkable strides in revolutionizing Indian agriculture through technology and sustainable practices.

Top 10 Agritech Startups In India

1. AgroStar
Founded in 2013 by Shardul Sheth and Sitanshu Sheth, AgroStar has created a digital platform aimed at empowering farmers. The Pune-based startup offers an app and interactive voice response-based solutions, enabling farmers to access agronomy content, seek advice, and purchase agricultural inputs. AgroStar, which serves over 5 million farmers across several states, has raised over $111 million from investors like Aavishkaar Bharat Fund, Accel India, and Bertelsmann. Despite a net loss increase to INR 141.7 crore in FY22, the platform remains a critical resource for farmers seeking to improve their crop yields and farming practices.

2. BigHaat
BigHaat, established in 2015 by Raj Kancham, Sachin Nandwana, and Sateesh Nukala, operates as a digital marketplace providing farmers with technical guidance and access to high-quality inputs. The platform leverages data to predict agricultural outputs and assess the impact of external factors such as weather and pests. BigHaat, backed by investors including JM Financial and BlackSoil, has onboarded over 4 million farmers and secured more than $13.4 million in funding to date.

3. CropIn
Founded by Krishna Kumar and Kunal Prasad in 2010, CropIn offers a SaaS-based platform that digitizes farm operations and provides real-time data and insights to farm-to-fork businesses. With partnerships spanning over 250 organizations globally, CropIn has digitized more than 16 million acres and impacted the livelihoods of nearly 7 million farmers. The platform aids farmers with advisories, best practices, and weather predictions, fostering socio-economic development, particularly through collaborations like the one with the Karnataka government.

4. DeHaat
DeHaat, founded by Shashank Kumar in 2012, provides end-to-end agricultural services, including the distribution of agri inputs, farm advisory, financial services access, and market linkages. The startup serves over 2 million farmers across 11 states via its digital network of more than 11,000 DeHaat Centres. With over $270 million in funding from investors like Peak XV Partners and Sofina Ventures, DeHaat continues to expand, recently acquiring Freshtrop Fruits’ export business to enhance its market reach.

5. Eeki Foods
Founded in 2018 by IIT Bombay graduates Abhay Singh and Amit Kumar, Eeki Foods focuses on sustainable, climate-proof farming using innovative growing chambers. These chambers optimize farming conditions, allowing for year-round vegetable growth with 80% less water usage. Backed by Avaana Capital and Better Capital, Eeki Foods raised $6.5 million last year to expand its operations and technology, underscoring its commitment to sustainable agriculture.

6. Ergos
Ergos, established in 2012 by Kishor Kumar Jha and Praveen Kumar, offers a storage service for farmers’ harvests and provides credit for up to 70% of the stored grains. The startup’s Grainbank network spans over 200 locations across Bihar, Karnataka, and Maharashtra, aiding over 160,000 farmers. With more than $23 million in funding from investors like Aavishkaar Capital and Chiratae Ventures, Ergos helps farmers increase their annual income by 30-35% by transforming their produce into digital assets for trade.

7. FarMart
Launched in 2016 by Alekh Sanghera and Mehtab Singh Hans, FarMart operates a micro SaaS-led agritech platform, helping large food businesses source quality produce via a network of agri-retailers. Utilizing technology and data, FarMart builds a profitable business model within the food value chain. With over $44 million in funding from investors such as Omidyar Network India and Avaana Capital, the startup’s services now extend to over 600 districts.

8. Farmtheory
Founded in 2019 by Arpit Agarwal and Sakshi Agarwal, Farmtheory focuses on agri-waste management, helping farmers reduce waste, enhance their income, and combat climate change. The startup has onboarded over 3,000 partner farmers and served more than 1,500 kitchens. With seed funding of $1.45 million from Merak Ventures, Farmtheory aims to scale its operations and reach more farmers nationwide.

9. Fasal
Established in 2018 by Shailendra Tiwari and Ananda Verma, Fasal is a precision horticulture platform that optimizes resource use and enhances farm productivity through AI, crop sciences, and IoT. With over $17 million in funding from investors like ITI Growth Opportunities Fund and Omnivore, Fasal aims to scale its B2B brand Fasal Fresh and expand its operations in India and Southeast Asia.

10. Gramophone
Founded in 2016 by Tauseef Khan, Nishant Vats, and Harshit Gupta, Gramophone is a full-stack agritech platform based in Indore. The startup offers agri inputs, warehousing, inventory management, crop advisory, and weather information. With close to $19 million in funding from investors such as Info Edge and Z3 Partners, Gramophone continues to support farmers with innovative solutions for better farming practices.

These agritech startups are transforming the agricultural landscape in India by leveraging technology and innovation to address critical challenges, thereby empowering farmers and enhancing the overall efficiency and productivity of the agricultural sector.

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