Top 10 Agri Tech Startups in India Discover the leading Agri Tech startups revolutionizing Indian agriculture in 2024. Explore the top 10 innovators enhancing farming efficiency, sustainability, and productivity through cutting-edge technology and solutions and Top 10 AgriTech Startups in India Explore the transforming Indian agriculture in 2024. Learn how these innovative companies are leveraging technology to boost farming efficiency, sustainability, and productivity. From precision farming to smart irrigation systems, discover the cutting-edge solutions that are shaping the future of agriculture in India.
DeHaat
Overview: Founded in 2012 and based in Gurugram, DeHaat provides an app-based platform offering AI-enabled solutions for soil testing, yield predictions, and agricultural financing, including credit and insurance. With a significant investment of $222M from prominent investors like Temasek and Sequoia Capital, DeHaat is in its Series E funding stage.
Impact: DeHaat’s platform significantly impacts the agricultural sector by providing critical support and resources to farmers. By leveraging artificial intelligence to monitor supply chain activity, DeHaat helps farmers optimize their operations, resulting in increased productivity and profitability.
Innovation: The use of AI for soil testing and yield predictions, along with comprehensive agricultural financing solutions, positions DeHaat as a leader in integrating advanced technology into traditional farming practices.
Key Fact | Detail |
Founded Year | 2012 |
Location | Gurugram, India |
Stage | Series E |
Funding | $222M |
Investors | Temasek, Sequoia Capital, and 28 Others |
Tracxn Score | 82/100 |
Competitors Rank | 1 of 128 Competitors |
Licious
Overview: Established in 2015 in Bengaluru, Licious is an online retailer specializing in meat products, including plant-based meat and ready-to-cook items. With a funding total of $490M, supported by investors like Temasek and Mayfield, Licious has reached the Series F stage.
Impact: Licious has transformed the meat retail industry by offering high-quality, hygienic meat products through an accessible online platform. This innovation provides consumers with convenience and quality assurance, significantly impacting the way meat is purchased and consumed in India.
Innovation: Licious stands out by offering a diverse range of meat products and plant-based alternatives, catering to a broad spectrum of consumer preferences and promoting sustainable consumption practices.
Key Fact | Detail |
Founded Year | 2015 |
Location | Bengaluru, India |
Stage | Series F |
Funding | $490M |
Investors | Temasek, Mayfield, and 62 Others |
Tracxn Score | 75/100 |
Competitors Rank | 1 of 231 Competitors |
Agrostar
Overview: Agrostar, founded in 2008 in Pune, is an online platform providing agricultural inputs, expert advice, and weather forecasts. It has secured $147M in funding from investors such as Accel and IFC, currently at the Series E stage.
Impact: Agrostar empowers farmers by providing them with easy access to essential agricultural products and knowledge. This support helps farmers make informed decisions, leading to better crop management and increased yields.
Innovation: The platform’s integration of expert advice and real-time agricultural data with product offerings helps farmers utilize scientific and technological advancements to improve their farming practices.
Key Fact | Detail |
Founded Year | 2008 |
Location | Pune, India |
Stage | Series E |
Funding | $147M |
Investors | Accel, IFC, and 27 Others |
Tracxn Score | 74/100 |
Competitors Rank | 1 of 496 Competitors |
WayCool
Overview: WayCool, founded in 2015 in Chennai, is a tech-enabled agribusiness supply chain company focusing on food development and distribution. With $342M in funding from investors like IFC and FMO, WayCool is in its Series D stage.
Impact: WayCool’s tech-driven supply chain solutions enhance efficiency and transparency from farm to market, reducing wastage and ensuring fair prices for farmers. This approach positively impacts the entire agribusiness ecosystem.
Innovation: By leveraging innovative technology to manage a complex supply chain, WayCool provides a scalable model that ensures the timely and efficient distribution of agricultural products.
Key Fact | Detail |
Founded Year | 2015 |
Location | Chennai, India |
Stage | Series D |
Funding | $342M |
Investors | IFC, FMO, and 55 Others |
Tracxn Score | 74/100 |
Competitors Rank | 1 of 296 Competitors |
Captain Fresh
Overview: Captain Fresh, founded in 2019 and based in Bengaluru, operates a B2B platform for seafood products, offering a range of seafood including shrimps, salmon, and tuna. It has raised $199M and is at the Series C funding stage, with backing from investors like Accel and British International Investment.
Impact: Captain Fresh enhances the seafood supply chain by providing a streamlined platform for procuring, processing, and distributing seafood. This improves efficiency and quality control, benefiting both suppliers and consumers.
Innovation: The platform’s focus on B2B seafood trade, coupled with its advanced processing and distribution capabilities, sets it apart as a specialized player in the seafood industry.
Key Fact | Detail |
Founded Year | 2019 |
Location | Bengaluru, India |
Stage | Series C |
Funding | $199M |
Investors | Accel, British International Investment, and 38 Others |
Tracxn Score | 74/100 |
Competitors Rank | 2 of 155 Competitors |
FarMart
Overview: Founded in 2015 in Gurgaon, FarMart is a B2B marketplace for farm produce, offering a SaaS-led food supply platform. With $48M in funding from investors such as General Catalyst and 500 Global, FarMart is at the Series B stage.
Impact: FarMart supports agri-retailers by providing access to inputs, advisory services, and market linkages, helping them better serve their farmers. This strengthens the agricultural supply chain and improves market access for farmers.
Innovation: The SaaS-led approach of FarMart facilitates seamless integration and management of agricultural inputs and outputs, enhancing operational efficiency and market connectivity for stakeholders in the agricultural sector.
Key Fact | Detail |
Founded Year | 2015 |
Location | Gurgaon, India |
Stage | Series B |
Funding | $48M |
Investors | General Catalyst, 500 Global, and 59 Others |
Tracxn Score | 73/100 |
Competitors Rank | 2 of 266 Competitors |
Ninjacart
Overview: Ninjacart, established in 2015 in Bengaluru, is an online B2B platform for fruits and vegetables. It has secured $368M in funding from investors like Accel and Qualcomm Ventures and is in the Series D stage.
Impact: Ninjacart revolutionizes the supply chain for fruits and vegetables by connecting farmers directly with wholesalers, retailers, and supermarkets. This reduces intermediaries, ensuring better prices for farmers and fresher produce for consumers.
Innovation: The platform’s emphasis on direct connections between producers and buyers, supported by robust technology, enhances efficiency and transparency in the agricultural supply chain.
Key Fact | Detail |
Founded Year | 2015 |
Location | Bengaluru, India |
Stage | Series D |
Funding | $368M |
Investors | Accel, Qualcomm Ventures, and 34 Others |
Tracxn Score | 73/100 |
Competitors Rank | 3 of 224 Competitors |
Reshamandi
Overview: Founded in 2020 and based in Bengaluru, Reshamandi offers digital supply chain management solutions for sericulture farmers and silk reelers. With $69.8M in funding from investors such as Innoven Capital and STRIVE, Reshamandi is at the Series A stage.
Impact: Reshamandi improves the sericulture value chain by providing quality inputs, IoT advisories, and fair pricing. This support helps sericulture farmers and silk reelers enhance productivity and profitability.
Innovation: The integration of AI and IoT in quality input provision and advisories, along with fair pricing mechanisms, positions Reshamandi as a pioneer in the digitization of the sericulture industry.
Key Fact | Detail |
Founded Year | 2020 |
Location | Bengaluru, India |
Stage | Series A |
Funding | $69.8M |
Investors | Innoven Capital, STRIVE, and 23 Others |
Tracxn Score | 72/100 |
Competitors Rank | 1 of 2 Competitors |
Godrej Agrovet
Overview: Godrej Agrovet, founded in 1992 and based in Mumbai, offers diversified crop protection solutions, bio-stimulants, and cattle feed. As a public company with $105M in funding, it has established a strong market presence.
Impact: Godrej Agrovet provides essential agricultural products and solutions that help farmers improve crop health and yield, contributing to the overall sustainability and productivity of the agricultural sector.
Innovation: The company’s focus on bio-stimulants and organic manure, along with traditional crop protection solutions, underscores its commitment to sustainable agricultural practices and innovation in agri-inputs.
Key Fact | Detail |
Founded Year | 1992 |
Location | Mumbai, India |
Stage | Public |
Funding | $105M |
Investors | Temasek, Baring Private Equity Partners, and 2 Others |
Tracxn Score | 71/100 |
Competitors Rank | 3 of 852 Competitors |
Sohan Lal Commodity Management
Overview: Established in 2009 in Delhi, Sohan Lal Commodity Management focuses on warehousing and logistics for agricultural produce. It has raised $48.5M in funding from investors such as IFC and Mayfield and is at the Series B stage.
Impact: The company enhances the agricultural supply chain by providing reliable storage and logistical solutions, ensuring better management and distribution of agricultural produce. This support helps reduce post-harvest losses and improve market efficiency.
Innovation: By offering comprehensive warehousing and logistics solutions, along with financial services, Sohan Lal Commodity Management plays a critical role in modernizing and stabilizing the agricultural supply chain.
Key Fact | Detail |
Founded Year | 2009 |
Location | Delhi, India |
Stage | Series B |
Funding | $48.5M |
Investors | IFC, Mayfield, and 9 Others |
FAQ on Top 10 AgriTech Startups in India
1. What does DeHaat do?
DeHaat offers an AI-enabled app platform providing soil testing, yield predictions, and agricultural financing solutions, including credit and insurance for farmers.
2. What products does Licious offer?
Licious is an online retailer specializing in meat products, including chicken, seafood, eggs, plant-based meat, and ready-to-cook items, available through its mobile app.
3. What services does Agrostar provide to farmers?
Agrostar provides an online platform for purchasing agricultural inputs like seeds and fertilizers, and offers expert advice, weather forecasts, and agronomy knowledge to farmers.
4. How does WayCool support agribusiness?
WayCool uses technology to manage and optimize the supply chain for food development and distribution, connecting farmers to markets and reducing wastage.
5. What is Captain Fresh’s business focus?
Captain Fresh operates an online B2B platform for trading seafood, providing procurement, processing, and distribution services for retailers.
6. What is FarMart known for?
FarMart offers a SaaS-led B2B marketplace for farm produce, enabling agri-retailers to access inputs, advisory services, and market linkages to better serve farmers.
7. What is the main service offered by Ninjacart?
Ninjacart provides an online B2B platform that connects farmers with wholesalers, retailers, and supermarkets for the sale of fruits and vegetables, ensuring fresh produce reaches consumers.
8. What does Reshamandi specialize in?
Reshamandi offers digital supply chain management solutions for sericulture farmers and silk reelers, providing quality inputs, IoT advisories, and fair pricing for products.
9. What type of products does Godrej Agrovet offer?
Godrej Agrovet provides crop protection solutions, bio-stimulants, organic manure, and plant growth regulators, as well as cattle, aqua feed, and oil palm products.
10. What is the focus of Sohan Lal Commodity Management?
Sohan Lal Commodity Management focuses on warehousing and logistics for agricultural produce, offering reliable storage solutions and financial services to farmers, traders, and processors.
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