Agri-Tech Business Raising Funds In Pune
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The company operates an integrated value chain for onions and pomegranates, focusing on streamlined and sustainable practices to deliver premium-quality produce to buyers.
They redefine farm guidance, offering tailored advice and crop calendars to optimize production while minimizing costs.
With an advanced weather alert system, the company enables farmers to proactively manage weather impacts and control pest outbreaks.
Their digital platform facilitates farmers' access to agricultural inputs with convenient home delivery.
Additionally, the company engages in end-to-end agricultural services, including purchasing and processing fruits and vegetables without preservatives, promoting sustainability, productivity, and quality in the agricultural ecosystem.
Their overall aim is to empower farmers through precision advisories, agile supply chains, direct procurement initiatives, and advanced food processing, ultimately fostering a prosperous agricultural ecosystem.
Clientele type
Their extensive clientele comprises farmers from diverse regions globally, reflecting the widespread impact of their services on agricultural communities.
With a commitment to reaching farmers across the globe, they have established a network that transcends geographical boundaries.
Premises
LEASED
Lease per month (in INR): 300,000
Security Deposit (in INR): 1,200,000
Carpet Area: 2,000 sq ft
Their registered office is in a an upmarket residential neighborhood in the city of Pune.
Asking Price Includes
The are offering an interest of around 16%
Reason
They are raising funds to fuel their ongoing expansion process.
Other Details
Revenue - FY- 2021-22 - 45 lakhs
Revenue - FY - 2022-23- 45.14 CR
Revenue - FY- April - Sept 2023- 46.79 CR
Real-Time Advisory:
App Downloads: 250,000
Active Users: 170,000+
Paid for Advisory Services (Farm Monitoring Solution): 20,000+
Farmers Onboarded for Farm Monitoring Solution: 33,000+
Input Marketplace:
Product Delivered: 150,000+ units
Agri Input Retail Partners: 500+
Farm Produce Purchased:
Total Farm Produce Purchased (Pomegranate, Onion, Grapes): 7,500 MT+
Processed Onion Trade:
Processed Onion Quantity: 5 tons
Trade Value: INR 5 lakh
They initiated their operations in Maharashtra due to the state's prominence as a leading agricultural hub. The primary focus is on the Solapur and Pune regions, known for their significant cultivation of pomegranates, grapes, onions, and vegetables.
Maharashtra holds a dominant position in India, contributing more than 70% of the grape production, 55% of the pomegranate production, and 42% of the onion share in the country.
There is more scope for input supply chains. After that, we are focusing on Gujarat, Rajasthan, and Karnataka for the next expansion.
Business Tags
₹10 to ₹200 Cr
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