Agricultural automation might involve robotics, big data, artificial intelligence, or any other approach that is needed to address the industry’s issues. We have always assumed that Indian agriculture is self-sufficient. Before offering solutions, it is vital to ensure that one thoroughly comprehends the demands of the farmers. Agriculture has seen a lot of technological developments recently, and the term ‘agri-tech’ was developed to characterize it. In this post, we will look at the top 10 agritech companies in India.
Agritech refers to agricultural practices that are ecologically friendly, sustainable, and lucrative. Agri-tech improves production, efficiency, and profitability in agriculture. Water filters, pumps, and digital services that connect buyers and sellers in rural marketplaces are examples of the equipment. Chemical-free fertilizers, heritage seeds, and intelligent agriculture technology are among the other choices.
Top 10 Agritech Companies in India are given below:
1. EM3 Agri Services
EM3 Agri Services was started in 2013 by Adwitiya Mal and Rohtash Mal as an Agritech firm in India. The startup’s goal is to make the process of agricultural production easier by offering rental services. Land preparation, sowing and planting, harvesting, crop management, and post-harvest farm management are all services provided by this firm. The startup has been given $13.3 million in funding.
Aibono is a successful Agritech firm in India, founded in 2014 by Vivek Rajkumar. This company is the first in India to use artificial intelligence to collect dietary data. Several prizes have been given to their services. Farmers will be able to regulate planting material with the help of the firm, which will increase their revenues. A total of $3.5 million in seed money has been granted to the firm.
Ananda Verma launched Fasal, an agritech firm based in India, in 2018. Farmers can plan, monitor, and analyze their farming efforts with the help of this startup’s application. The Fasal sense uses artificial intelligence to forecast the future of pests and insects. A total of $1.8 million has been raised through seed investments.
Anu Meena started the agritech business Agrowave on March 17, 2017. Farmers benefit from the startup’s network of integrated mobile pickup stations (MPS). Small and medium-sized enterprises benefit from the company’s direct connections with small and medium-sized firms in the fruits and vegetable sector.
Saurabh Kumar launched Agricx, an Agritech firm in India, in October 2016. AI-enabled SaaS solutions are supplied by the firm to businesses that finance, process, transport, trade, sort, or manufacture agricultural products. The world’s first AI-enabled SaaS stack startup. The startup has been given a $500K seed investment.
6. Gold Farm
On December 1, 2012, Karthic Ravindranath and Abhilash Thirupathy started Gold Farm in India. A business that specializes in offering farm equipment rental services to Indian farmers. It’s a mobile-based Agritech startup. Solar water pumps may also be purchased by farmers in India through the firm. A $3 million seed investment round has been completed.
WayCool, an Agritech firm in India, was started by Karthik Jayaraman and Sanjay Dasari in July 2015. The company’s headquarters are in Chennai. The firm sells fresh foods and dairy goods in addition to processing and distributing items. Other tasks included procuring items, processing them, branding, marketing, and providing agricultural inputs. The business raised $66.3 million in a debt funding round. Caspian Impact Investment Advisor, Madhu Krishnaswamy, CK Ranganathan, and others are among its investors.
Crofarm is a thriving Agritech firm in India, founded in May 2016 by Varun Khurana and Prashant Jain. Crofarm provides useful services to consumers and companies in addition to assisting farms. Obtaining fresh veggies and fruits from farmers may be done in a variety of methods, whether offline or online. The business was backed with $2.8 million from an early-stage venture capital firm.
NinjaCart is an Indian Agritech firm founded in 2015 by Thirukumaran Nagarajan, Kartheeswaran KK, Sharath Babu Loganathan, Ashutosh Vikram, and Vasudevan Chinnathambi. Farmers may sell their crops directly to stores and restaurants through the company, and selling directly to retailers increases farmer revenue. The business received $164.2 million in a corporate round of fundraising. Investors include Trifecta Capital, ZopSmart, Joe Hirao, and others.
Shardul and Sitanshu Sheth created AgroStar in 2013 to provide an online agricultural marketplace for farmers. This agritech business can also provide farmers with real-time advice from experts on how to better manage their crops and increase their production. To date, AgroStar has raised $42 million in investment.
Agriculture is a sector that, owing to the sustainable investigation, provides a variety of prospects for capital investments and agriculture to expand together. Agri-tech is intended to be a sustainable alternative to today’s chemical-intensive, western-influenced technologies. Agricultural tech start-ups, in comparison to other start-ups today, are more focused on solving genuine problems than perceived ones, which is adequate to attract significant investment. here is the rundown on the top 10 Agritech Companies in India.
Also Checkout: Digital Agriculture: The Future of Indian Agriculture