Revolutionizing Indian Agriculture: 15 Indian Agritech Startups Shaping the Future
With its vast agro-ecological diversity, India has been a global leader in agricultural productivity throughout history.
Boasting the title of the largest producer of various commodities according to the United Nations’ Food and Agriculture Organization, the country has seen transformative moments like the Green Revolution, spearheaded by agricultural scientist MS Swaminathan.
Today, as agritech takes centre stage, India stands on the brink of a fourth agricultural revolution, with its burgeoning agritech ecosystem making significant strides.
The sector is poised for substantial growth, with an EY report estimating a total market opportunity of $24 billion for Indian agritech startups by 2025. This potential has attracted over $2.4 billion in investments since 2014, according to Inc42‘s analysis.
As technology penetrates one of the world’s largest agricultural industries, Indian agritech startups are seizing multi-billion-dollar opportunities.
This list compiles some of India’s noteworthy agritech startups driving innovation and reshaping the agrarian landscape.
1. AgroStar
Founded in 2013 by Shardul Sheth and Sitanshu Sheth, AgroStar offers a multilingual content-led commerce platform for farmers.
Serving over 5 million farmers across multiple states, the Pune-based startup focuses on delivering agronomy content, crop problem solutions, and agri-product transactions through its mobile application.
AgroStar has raised over $111 million from investors such as Aavishkaar Bharat Fund, Accel India, and Bertelsmann.
2. BigHaat
Established in 2015 by Raj Kancham, Sachin Nandwana, and Sateesh Nukala, BigHaat operates as a farmer-centric digital marketplace providing technical guidance and high-quality inputs to farmers.
With over 4 million farmers onboarded, the startup uses data to monitor consumer behaviour, sales patterns, and cropping patterns.
BigHaat has raised more than $13.4 million, counting JM Financial, Ankur Capital, and BlackSoil among its investors.
3. CropIn
Founded in 2010 by Krishna Kumar and Kunal Prasad, CropIn is a SaaS-based agritech platform that digitizes farm-to-fork operations, offering real-time data and insights.
Partnering with over 250 organizations globally, CropIn has digitized more than 16 million acres of farms and impacted the livelihoods of nearly 7 million farmers.
The startup provides advisories, best practices, and weather predictions to enhance farm productivity.
4. DeHaat
Established in 2012 by Shashank Kumar, DeHaat offers end-to-end agricultural services, including agri input distribution, customized farm advisory, financial services access, and market linkages.
Serving over 2 million farmers across 11 states, the startup operates through a digital network of over 11,000 ‘DeHaat Centres.’
DeHaat has secured over $270 million in funding and recently acquired Freshtrop Fruits’ fruit export business.
5. Eeki Foods
Founded in 2018 by Abhay Singh and Amit Kumar, Eeki Foods aims to make farming sustainable and climate-proof using its growing chambers.
The startup’s technology controls the farm’s climate, allowing year-round vegetable growth with 80% less water than traditional methods.
Backed by investors such as Avaana Capital, Better Capital, and Icebreaker VC, Eeki Foods secured $6.5 million in funding to scale operations and invest in technology.
6. Ergos
Established in 2012 by Kishor Kumar Jha and Praveen Kumar, Ergos offers farmers a nine-month storage service for their harvest, providing credit for up to 70% of stored grains.
The startup connects farmers to buyers, offers secure warehouse storage, and facilitates affordable financial solutions.
Ergos claims to assist over 1.6 lakh farmers and has secured over $23 million in funding from investors like Aavishkaar Capital and Chiratae Ventures.
7. FarMart
Launched in 2016 by Alekh Sanghera and Mehtab Singh Hans, Farmart operates as a micro SaaS-led agritech platform, helping large food businesses source quality produce through its network of agri-retailers.
With more than $44 million raised, Farmart extends its offerings through the SaudaBook mobile application, facilitating the digitization of workflows for food processors.
8. Fasal
Founded in 2018 by Shailendra Tiwari and Ananda Verma, Fasal operates as a precision horticulture platform, optimizing resource usage and enhancing farm productivity.
Leveraging AI, crop sciences, and IoT, Fasal provides farm-level, crop-specific intelligence.
The startup secured $12 million in a Series A funding round led by TDK Ventures and British International, intending to expand its B2B brand Fasal Fresh and develop a carbon-negative horticulture value chain.
9. Gramophone
Established in 2016 by Tauseef Khan, Nishant Vats, and Harshit Gupta, Gramophone is an Indore-based full-stack agritech platform selling agri inputs and providing warehousing and inventory management services.
With nearly $19 million in funding, Gramophone assists farmers with crop advisory, weather information, and agronomic intelligence through image recognition and personalized cropping systems.
10. Intello Labs
Launched in 2016 by Milan Sharma, Nishant Mishra, Himani Shah, and Devendra Chandan, Intello Labs uses AI and image recognition for grading and quality checks of agri products.
The Gurugram-based startup manufactures sorting, grading, and packaging machines, streamlining agricultural production processes. Intello Labs raised $2.82 million in 2023, with Saama Capital leading the round.
11. KisanKonnect
Launched in 2020 by Vivek Nirmal and Nidhi Nirmal, KisanKonnect directly sources food from a network of 5,000 farmers through village-level collection centres.
The startup claims to manage over 1.75 lakh acres of cultivated land, offering a variety of vegetables and fruits.
With undisclosed funding from actor Shilpa Shetty in May, KisanKonnect continues its mission of connecting farmers to consumers in Pune and Mumbai.
12. Ninjacart
Founded in 2015 by Nagarajan, Sharath Loganathan, Sachin Jose, Kartheeswaran KK, and Vasudevan Chinnathambi, Ninjacart procures fresh produce from farmers and delivers directly to supermarkets and retail stores.
Sourcing over 1,400 tonnes of produce daily from farmers across 20 states, Ninjacart has raised more than $396 million.
Despite FY23 operating revenue surpassing INR 1,000 crore, the startup reported a 6% increase in losses.
13. Otipy
Founded in 2020 by Varun Khurana and Prashant Jain, Otipy operates as a B2B2C social commerce platform for fresh produce.
Using proprietary technology, Otipy procures produce based on demand calculations and delivers goods within 12 hours of harvest.
With a 3% wastage rate, the startup has secured $69 million in funding and counts Westbridge Capital, SIG, and Omidyar Network India among its investors.
14. Vegrow
Founded in 2020 by Praneeth Kumar, Mrudhukar Batchu, Kiran Naik, and Shobhit Jain, Vegrow operates a B2B fruit marketplace offering tech solutions for crop advisory, grading, packaging, logistics, and sales support.
Securing over $80 million in total funding, Vegrow aims to maximize farmers’ income through accurate grading and efficient matching with demand channels.
In its Series C funding round in December 2023, the startup, led by GIC, raised $46 million.
15. WayCool
Established in 2015 by Karthik Jayaraman and Sanjay Dasari, WayCool operates a full-stack agritech platform connecting farmers with retailers, traders, and processors.
With over $231 million in funding, the startup manages the supply chain from soil to sale.
WayCool works with 85,000 farmers, dealing in a range of products and offering SaaS solutions for procurement, processing, warehousing, and distribution.
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