Let's study some of the Top Agritech Startups in India. The second-largest agricultural land area in the world is India. In rural India, agriculture provides a living for almost 60% of the households. The usage of antiquated machinery, poor infrastructure, and farmers' inability to easily access a larger range of markets are just a few of the issues plaguing India's agriculture sector. Farmers also only make modest earnings from crop sales. The more urgent issues are proper connectivity and supply chain planning.
Explore the List of Unicorn Startups in India.
Numerous new ones are emerging the Indian entrepreneurial ecosystem as a result of advances in technology, digitization, and startup culture expanding quickly. Farmers in India are given information, methods, and efficiencies by the Agri entrepreneurs there.
Top 22 Agritech Startups in India 2024
Here is the list of 22 Best Agritech Startups in India.
1. Apna Godam - Top Agritech Startup in India
Startup Name | Apna Godam |
Founder | Sanjay Agarwal |
Industry | Agriculture |
Founded | 2016 |
Apna Godam is a post-harvest solution company working mainly in the non-perishable category. It is the first notified online Mandi in Rajasthan as well as India. Apart from facilitating spot trading of commodities, it also provides Warehousing, Commodity Finance and Logistic services as value-added services. The farmer can sell the commodity to any buyer in the country without going anywhere. The logistics are managed by Apna Godam with the help of a network of Logistic partners.
Read also - How Apna Godam brings Mandi at the door step of the farmer
Apna Godam mobile application is owned by two companies jointly. First is the Singodwala Fintech Pvt Ltd (the NBFC company) and the second is Singodwala Warehousing and Logistics Pvt Ltd which owns rest of the business. In both the Companies, Sanjay and his wife are the shareholders and the directors. There is 10% pool for ESOP set aside.
Apna Godam related news and funding updates:
- [Funding alert] Agri-Fintech startup Apna Godam raises Rs. 2 Cr in seed funding
2. Aarav Unmanned Systems - Best Agritech Startup in India
Agriculture is one of Aarav Unmanned Systems' primary uses, despite the fact that it is not a true agricultural startup. In essence, it is a drone company that was founded at some of the top engineering universities in the nation.
Their drone systems assist companies with tasks including surveys, inspections, mapping, and precise farming. Drones will be used by Aarav Unmanned Systems to enhance irrigation systems, apply fertilisers and pesticides, and spot failure indicators early on.
Aarav Unmanned Systems New and Funding Updates:
- Dronetech startup Aarav Unmanned Systems rebrands to Aereo
- Tata Steel Partners With Drone Startup Aarav Unmanned Systems
3. Waycool - Fastest Growring Agritech Startup
With 35,000+ farmers growing vegetables, fruits, rice and other food items, Waycool is the agricultural startup and food distribution company in India that is expanding at the quickest rate.
The organisation was founded in July 2015 with the goal of organising the disorganised perishable supply chain. They presently have a retail presence in Chennai under the name SunnyBee, where they operate brick-and-mortar stores, mobile stores on trucks, and online sales.
Waycool Funding News and Update:
- Agritech platform WayCool raises $40 mn in funding
- WayCool and Central Warehousing Corporation collaborate to improve supply chain operations for agricultural products
- Agritech Startup WayCool Partners With Yara India
- Stride Ventures announces Rs 50 crore debt round in WayCool
4. Ninjacart - Leading Agritech Startups
A leading provider of agricultural supply chains in India is Ninjacart. From farm to store, it now takes less than 12 hours instead of more than 14 to transport 60 tonnes of fruits and vegetables.
Getting farm-fresh items to stores faster is one of Ninjacart's objectives.
Each day, Ninjacart assists more than 2,000 farmers in Bengaluru sell 80 different kinds of fruits and vegetables to more than 800 different shops and restaurants. They claim to have reduced supply chain waste by 4% overall.
Ninjacart Funding News and Update:
- Garuda Aerospace and Ninjacart join hands to introduce drone technology to farmers
- Agritech Startup Ninjacart Raises $9 mn in fresh round
- Ninjacart announces seed fund scheme for agritech startups in 2 days flat
- Ninjacart acquires SaaS-based platform Tecxprt
5. AgriApp
Founded by Dr. Basavaraj Girennavar in 2014, AgriApp is an agritech startup headquartered in Bengaluru, dedicated to transforming traditional farming with PAaaS (Precision Agriculture as a service). Additionally, the platform integrates smart farming technologies like satellite imagery, drone services & free crop advisory support to provide comprehensive solutions for crop production and management.
AgriApp also serves as an online marketplace, connecting farmers with agri-input retailers and services on a digital platform. AgriApp's m-commerce function allows users to purchase over 750 different products, including top brands of agrochemicals and fertilizers, with options for online payment and cash-on-delivery.
Currently, AgriApp Technologies serves over 2.7 million farmers across India and provides support in 10 regional languages in India.
AgriApp raised Rs 10 million in pre-seed funding and projected an annual turnover of INR 100+ Cr for the current financial year.
6. AgricxLab - Most Popular Agritech Startups
AgricxLab connects operators of cold storage facilities with bulk consumers of agricultural products. The startup makes use of machine learning and computer vision to evaluate the quality of produce. Additionally, AgricxLab leases out warehouse space to its customers.
AgricxLab provides a SaaS stack powered by AI for businesses and organisations that manufacture, store, and transport agricultural products.
Read also - How Agrifeeder become one stop solution provider for all the major agricultural needs of farmers
7. Aibono
By utilising Aibono's farming technology and intelligence, farmers can increase their yields. It describes itself as a provider of farm management services. The farmer can delegate all facets of production planning, farm measurement, and judgement using Aibono.
With careful daily adjustments, the startup has raised yields by up to 50%. Aibono has a staff of agronomists and data scientists who use farming data to offer advice to farmers.
One of the most interesting startups in the nation, Aibono, makes precision farming accessible to everyone. With relatively little infrastructure upgrades and modest adjustments to agricultural techniques, farmers can greatly enhance yields.
8. Agrowave
The goal of the agritech company Agrowave is to make it easier for farmers to reach markets and create sustainable supply chain management. The firm wants to simplify commerce for farmers by eliminating the intermediary and always compensating farmers a fair price for their commodities.
Agrowave allows a farm-to-business approach using machine learning. Their assistance makes it easier to get farm-fresh foods to urban residents.
It has built a number of pick-up stations so farmers can avoid making lengthy trips while selling their produce. Through a smartphone app that is accessible for iOS and Android, farmers may post their food for sale, and delivery vehicles can pick it up at the gates or pick-up points. Through the app, payment is easily and securely done. Produce is delivered to customers along predetermined delivery routes.
Agrowave Agritech startup Funding News and Update:
9. Absolute
IoT and sensor-based farm control systems are provided by Absolute. With the use of Internet of Things (IoT) devices fitted with sensors, hardware-based systems, and satellite sources, it uses its algorithms for machine learning to provide real-time crop insights.
It provides solutions for indoor farming, vertical open agriculture, and greenhouses.
Absolute New Delhi Agritech startup Funding News and Update:
10. BigHaat
BigHaat is an online forum where farmers may exchange information and learn about all aspects of agriculture. This organisation offers a wide range of goods and services, including consulting services for farming and crop nutrition.
Read also - This agriculture startup is making organic food more accessible through D2C grocery brand | Gau Organics
BigHaat serves as a global market and a resource centre for farmers and farm owners. They assist in the field and offer farm equipment maintenance and repair.
Additionally, it has created KisanVedika, a platform with Microsoft that enables native speakers of local languages to respond to queries and address problems.
BigHaat Bangalore Based Agritech startup Funding News and Update:
11. Bijak
Bijak is a B2B trading network for agricultural products that connects buyers and sellers. You can keep track of all of your financial transactions and procurement in one simple location because it doubles as an accounting programme.
Bijak offers financial assistance for the purchase of agricultural products in addition to promoting commerce between buyers and sellers.
This agritech business streamlines transactions by giving buyers and sellers large amounts of working capital and improved logistics. Instant supplier payments and quick loan disbursements are made possible through Bijak. It is accessible in 27 distinct cities and union regions and has a network that includes more than 100 agricultural items.
Bijak startup Funding News and Update:
12. BharatAgri
BharatAgri offers guidance to farmers on the commodity they want to grow as well as assistance with the crop itself. They provide information on pesticides, weather predictions, and advice based on soil analysis. Through early cost benefit analysis, they help to maximise manufacturing yield.
BharatAgri's mission is to educate farmers digitally so they can improve the quality of their harvests.
Through offline and online techniques, such as WhatsApp, and In-App chat support, BharatAgri offers assistance at every stage of farming. In addition to provide farmers in need of technical support with improved digital farming services, the agribusiness switched to the B2F (Business to Farmer) model.
Agritech startup Funding News and Update:
13. Bombay Hemp Company (BOHECO)
The goal of the Bombay Hemp Company is to research and advocate for the use of industrial hemp. It processes its products through contract farming and public-private collaborations.
Bombay Hemp Company aims to be one of the first startups in India to build a hemp supply chain following the legalisation of hemp.
Read also - Agritech Startup-Success Story of Dehaat Leaf | Randeep Choudhary | Agritech Hydroponic Startup
Their enterprise includes production, manufacturing, and processing both domestically and abroad. Additionally, they assist farmers by giving them top-notch seeds and instructing them in modern agricultural practises.
14. Cropin
Cropin combines farming with business intelligence and corporate resource planning. They provide their services using a mobile application that allows farmers and landowners to practise data-driven farming.
Cropin helps farmers by giving them the infrastructure they need to maximise their agricultural abilities and start their businesses.
Using ai algorithms and big data analytics, the organisation keeps an eye on the farms. Satellite images and geotagging are also used for land monitoring.
Cropin Funding News and Update:
- Cropin and AWS Partner to Address World Hunger and Food Insecurity
- Agritech Startup Cropin Secures Rs 113 Cr From Google, Others
15. Crofarm
The goal of Crofarm, an innovative agritech company, is to reduce food waste by enhancing distribution systems. It's a "Farm to Business" (F2B) business concept that involves a community of more than 10,000 farmers.
Due to its success in the B2B2C sector, Crofarm is one of the most valuable companies in the nation. The company offers better cuisine at more affordable prices.
With retailers like Metro Foods, Jubilant Foodworks, Big Basket, and Grofers, the corporation has forged strategic connections. Crofarm offers a commission system to generate revenue that ranges from 5% for more popular crops to 20% for less popular ones. Efficacious supply chains that are powered by technology can also increase the shelf life of food products.
16. Clover Ventures
Farmers confront a number of challenges, which Clover Ventures plans to address. The company uses a demand-driven supply chain strategy for perishables. Priority is given to product quality, uniformity, and traceability.
The agricultural sector's fastest-growing tech firm, Clover Ventures, aims to raise farmer earnings and enhance supply chain effectiveness.
Read also - Man who Converted Desert into green-land by Planting | Padmashri Sundaram Verma
It works to create and strengthen a well-organized supply chain for fresh products. The company currently manages more than 70 acres of farmland and provides fresh produce to a variety of fine dining establishments, retail stores, food processors, and Online Kitchens.
17. Ergos
By the use of a mobile platform, the Ergos platform makes it easier for farmers and owners of cold storage units to communicate. Lack of cold storage facilities is one of the main issues facing Indian farmers. Ergos participates in the supply chain management after harvest.
Since many farmers in India lack access to cold storage, a lot of food is wasted there. These farmers frequently have to lower their prices in order to make ends meet because their crops are getting less. Farmers are able to keep their grain in "grain banks," or financial organisations, thanks to the Ergos system. If necessary, farmers can remove as little as one bag of grain at a time. The business was founded in Patna, Bihar, but it has since spread to other regions of India.
Ergos Funding News and Update:
18. Fasal
Using artificial intelligence and data analytics, Fasal provides forecasts about farming. Since its beginning, it has assisted farmers in saving more than 3 billion litres of water. Fasal seeks to advance sustainable farming methods through thoughtful choices. It also helps to boost harvests and cut farming expenditures.
The agricultural intelligence company Fasal has made a name for itself in the industry. Using its distinctive technology, it transmits microclimatic forecasts, pest and disease forecasts, and irrigation warnings directly to cellphones.
By maximising the usage of fertiliser and pesticides, Fasal offers information on pests and diseases hyperlocal weather predictions, and financial management.
Fasal Funding News and Update:
Agritech Platform Fasal Secures $12 Mn Investment Led by TDK Ventures
19. Farm2Fam
As the name implies, Farm2Fam distributes organic food directly to consumers. This guarantees that consumers receive fresh food that was farmed without the use of pesticides and herbicides.
A little over 300 customers are served monthly by the startup Farm2Fam. However, it meets the demand of a segment of consumers who are prepared to pay extra for the highest-quality foods.
They currently create specialised nutritional products for consumers using traditional agricultural methods and technology to enhance the supply chain.
20. Gold Farm
Agritech startup Gold Farm offers agricultural equipment to contracted farm agents through a smartphone application. They create solar water pumps for use in agriculture in places with limited access to energy.
The goal of Gold Farm is to use technology to make farmland more accessible and sustainable, especially for those in economically disadvantaged areas of society.
Read also - A Retired Banker Started Startup || Paudha Ghar
Farmers are able to reserve farm machinery through a phone call and mobile app thanks to Gold Farm. They seek to boost farmer growth and sustainability by creating productive environments through technological advancements and innovation.
21. Intello Labs
Intello Labs uses AI and computer vision to assess the quality of agricultural commodities. They assist companies like farms, markets, shops, restaurants, and exporters in getting favourable client feedback while reducing waste.
Intello Labs uses computer vision to assess the quality and worth of perishable commodities. It opens the door for reasonable costs and minimal food waste.
Intello Labs is constantly looking into prospects in other parts of the world, such as China, Southeast Asia, and the United States, to go along with its quick growth in India. Among Intello Labs' more significant clients are businesses like Reliance Fresh, Dole, and Ocean Spray. Some of the most well-known e-grocery retailers in China and Southeast Asia are among the company's other famous clients.
22. KhetiGaadi
KhetiGaadi is India's first online platform for comparing and purchasing farm equipment. Less time will be devoted to inspecting farm machinery, and more time will be devoted to increasing productivity. They connect more than 500,000 farmers.
KhetiGaadi makes it easier for farmers and other people working in the agricultural sector to buy, sell, and rent farm machinery.
The site is accessible in 10 different languages via a smartphone app for farmers. Farmers can use this app to rent equipment, buy and sell used equipment, and look into financing alternatives.
Conclusion - Agritech Startups in India
This was our selection of the Top 20 Agritech Startups in India. We hope this is useful to you as you develop your own agritech company. The order of this list is alphabetical.
Read also - Best Agri Fintech Startups in India in 2024
Agritech Startups News
Here is latest agriculture startups news:-
- Drone-based agritech startup BharatRohan raises $2 million in pre-IPO round
- Agritech Startup Cornext Nets $2.2 Mn For Silage Production
- Agritech Startup Superplum Secures $15 Mn From Investors