Karnataka-based digital Agritech startup BharatAgri brings USD 6.5 million in a Series A funding round led by Omnivore along with existing investors India Quotient and 021 Capital on 16 September 2021.

Investors: Omnivore led the latest funding round. In addition, existing investors India Quotient and 021 Capital also contributed to this round.

The objectives behind the funding: The startup plans to deploy the proceeds to expand its customer base in Maharashtra and Madhya Pradesh, accelerate the growth of its inputs marketplace, and refine existing technology offerings. 

About BharatAgri

Source: Company’s LinkedIn profile.

Founded in 2017 by two IIT Madras alumni  – Sai Gole and Siddharth Dialani, BharatAgri offers farmers a farming technology platform for AI-based agronomy services on a paid subscription basis, which increases farm incomes through the systematic implementation of scientific farming techniques. BharatAgri aims to bridge the gap between technology and agriculture in India with a target to reach out to 140 Million Indian farmers. The startup specialises in Integrated Nutrient Management, Soil Testing, Improving farm yields, Crop management, Crop Advisory, Fertilizer kits, ICT for farmers, Post-harvest management, Doorstep delivery of farming inputs, Weather Management, Weather Forecast, and Farm Specialty Algorithm.

What the Founder has to say: 

“Even three years ago, it was unimaginable that rural Indians would be paying monthly subscription fees to Netflix and YouTube, which is normal today. BharatAgri has demonstrated that the same is possible with farmers, who see so much value in our advisory platform that they willingly pay subscription fees,” mentioned Siddharth Dialani, co-founder and CEO of BharatAgri. “In the next few months, we will be expanding our platform to provide other agricultural services, starting with direct-to-farmer agri input suplly.”

What the Investor has to say:

“BharatAgri is the only agritech startup in India to successfully monetize a purely digital product for farmers. Making agronomy services widely accessible at an affordable price can help make the dream of doubling farmer incomes a reality,” said Mark Kahn, managing partner, Omnivore.

“BharatAgri is building a trust-based platform where farmers are engaging meaningfully with their services. We have observed in rural areas and specifically in agriculture that farmers like to fulfil all their needs from a single place, which is currently an inputs retailer. BharatAgri has the potential to replicate the same on a digital platform, and tens of thousands of farmers have already adopted it,” said Madhukar Sinha, general partner, India Quotient.

Indian farmers generally follow traditional farming practices which fail to take account for changing climatic conditions, vanishing natural resources, and optimal use of expensive crop inputs. BharatAgri provides a digital platform for the systematic implementation of scientific farming techniques. In the past 12 months company has achieved 20x growth in paid subscription sales with a 65 per cent renewal rate. The startup aims to scale up in the Rabi 2021 season and launch its Series B round in January 2022.


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Manish writes about the startup ecosystem on VCBay. He is pursuing Master of Commerce from Delhi School of Economics, University of Delhi, and is passionate about the world of finance, information technology & entrepreneurship.

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