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Top 10 Agri-tech startups in India

Top 10 Agri-tech startups in India
Top 10 Agri-tech startups in India

There are nearly 450 agri-tech startups in India, as of 2020. As per the estimates of FICCI, these startups are growing at a rate of 25 per cent yearly. With more than half of the Indian population earning a source of livelihood from agriculture, it is imperative that these startups up their game and streamline the processes involved in farming to benefit all the stakeholders.

Let’s have a look at the Top 10 AgriTech Startups in India:

Agrostar

AgroStar
AgroStar

Founders: Shardul Sheth, Sitanshu Sheth

Founding Year: 2008

Headquarters: Pune, Maharashtra

Funding received: US$ 42.4M

Investors: Accel, Chiratae Ventures, InnoVen Capital, Aavishkaar Venture Capital, Bertelsmann India Investments, Rabo Frontier Ventures

AgroStar is an agri-tech start-up working on the mission of helping farmers flourish by providing a complete range of data and tech-driven solutions combined with agronomy. The startup currently operates in the states of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and Uttar Pradesh and has more than 6.6K farmers on its digital platform. Farmers in these states can avail themselves agricultural solutions for their entire crop lifecycle by giving a missed call or through its Android app, which is amongst the highest rated farming focused apps in the country.

Radiant AgriTech Limited

Radiant AgriTech Limited
Radiant AgriTech Limited

Founders: Manikandan Palani, Venkat Acharya

Founding Year: 2018

Headquarters: Chennai, Tamil Nadu

Funding received: US$ 6.6M

Investors: Venkat Acharya, Senthil Muthuswamy

Radiant AgriTech Limited is India’s first scientific eco-farming startup that forays into the potential of a US$ 3.6B industry in afforestation. The startup is working on regenerating one of the most demanding & endangered forest species, Pterocarpus Santalinus in South India and has established the largest Red Sanders plantation as an AgroForestry concept globally.

ReshaMandi

ReshaMandi
ReshaMandi

Founders: Mayank Tiwari, Saurabh Agarwal and Utkarsh Apoorva

Founding Year: 2020

Headquarters: Bengaluru, Karnataka

Funding received: US$ 1.63M

Investors: STRIVE, Axilor Ventures, Omnivore, Supply Chain Labs

ReshaMandi is an agri-tech startup digitizing India’s silk supply chain. It has been developing a full-stack platform to manage the silk supply chain. The platform provides services including quality testing, technical advisory, high-quality inputs, and market linkages, at each level of the silk supply chain.

Satyukt Analytics

Satyukt
Satyukt

Founders: Pramod Khombare, Sat Kumar Tomer

Founding Year: 2018

Headquarters: Bengaluru, Karnataka

Funding received: US$ 0.49M

Investors: Social Alpha and Nabventures

Agri-tech startup Satyukt Analytics has developed advanced proprietary algorithms processing multi-satellite TV for PC imagery included with multiple on-field, weather, and marketplace records factors. These algorithms offer dynamic insights on water resources, crop health, and hazard tracking combined with advisory offerings to several stakeholders within the agricultural sector.

Farm Theory

The Farm Theory
The Farm Theory

Founders: Arpit Agarwal, Sakshi Agarwal

Founding Year: 2019

Headquarters: Bengaluru, Karnataka

Funding received: US$ 150K

Investors: Y Combinator

Farm Theory is an agri-tech startup that procures fruits and vegetables directly from farms and delivers them right at the customers’ doorstep.

BluKhet

BluKhet
BluKhet

Founders: Tanmay Prasad, Yashwanth Chowdary Davuluri and Vishant Savio Dmello

Founding Year: 2020

Headquarters: Nellore, Andhra Pradesh

Funding received: US$ 139K

Investors: VIT Technology Business Incubator, Indian Institute of Science

Blukhet focuses on state-of-the-art farming methods to boost agriculture in India. The startup believes agriculture in India is on a rampant downfall with excessive chemical fertilizers being buried into the ground to increase the yield for a developing country. Consequently, the topsoil worsens at a rapid rate causing the farmers to add even more fertilizers. Blukhet is on a mission to revolutionize agriculture in India by promoting soil-less farming technique methods to obtain highly dense as well as nutritional yield.

Yuktix Technologies

Yuktix Technologies
Yuktix Technologies

Founders: Rajeev Jha, Shailendra Singh

Founding Year: 2013

Headquarters: Bengaluru, Karnataka

Funding received: US$ 133.2K

Yuktix Technologies is a GOI DIPP (Government of India Department of Industrial Policy and Promotion) recognized agri-tech start-up that focuses on providing digital tools for agriculture farm monitoring and risk management. Its solutions help farmers execute the best research and practices to increase productivity. The startup is driven by the vision to provide the tools to implement the best research methodologies for smallholders. It brings the benefit of technology to every farm for a sustainable and food secure future.

Anaka Agritech

Anaka Agritech
Anaka Agritech

Founders: Mohit Maski

Founding Year: 2018

Headquarters: Bengaluru, Karnataka

Funding received: US$ 40K

Investors: Start-Up Chile

Anaka is an agri-tech company pioneering Farming-as-a-Service (FaaS). It has developed a channel that interacts better with farmers to have a higher level of mechanization, and hence, higher productivity. Its technology provides all the mobile services necessary to gather information on a farmer and establish a direct channel of communication at any time, enabling Anaka to deliver personalized and timely solutions to their needs.

Arnetta Technologies

Arnetta
Arnetta

Founders: Shashidhar S, Vishwanath Nandagudi

Founding Year: 2012

Headquarters: Bengaluru, Karnataka

Funding received: US$ 26.6K

Investors: IIT Mandi Catalyst

Arnetta Technologies’ goal is to incrementally impact the automation of the product development process of the agricultural enterprise ecosystem through the design, development and deployment of cost-efficient digital tools. This ensures the higher relevance of their products in their respective markets.

Khetra

Khetra
Khetra

Founders: Anirudh Toshniwal, Sandip Dogra, Suvobrata Mukherjee

Founding Year: 2019

Headquarters: Bengaluru, Karnataka

Funding received: US$ 1.7K

Khetra is an agri-sourcing Platform, where farmers can list their produce & buyers can select and buy directly from their farmer’s network. Its marketplace platform aims to eliminate the gap between farmers and buyers establishing transparency, quality, and end-to-end service for its customers.

For more extensive analysis and Market Intelligence reports feel free to approach us or visit our website: Venture Capital Market Intelligence Reports | VCBay.


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