Top 10 Agritech Companies in India
India’s agriculture sector is witnessing a revolution with the advent of agritech companies leveraging technology to enhance productivity, sustainability, and profitability for farmers. Here’s a detailed look at the top 10 agritech companies driving this transformation.
1.Ninjacart
| Aspect | Details |
|---|---|
| Founded | 2015 |
| Headquarters | Bangalore, Karnataka |
| Founders | Thirukumaran Nagarajan, Sharath Loganathan, Vasudevan Chinnathambi, Ashutosh Vikram, Shobhit Jain, Kartheeswaran KK |
| Funding | Raised over $150 million from investors like Tiger Global, Accel, and Qualcomm Ventures |
| Business Model | B2B platform for fresh produce distribution |
| Major Clients | Retailers, grocery stores, and restaurants |
| Market Reach | Operates in major cities across India including Bangalore, Chennai, Hyderabad, Mumbai, Pune, and Delhi |
| Achievements | Processes over 1,400 tons of fresh produce daily |
| Website | Ninjacart |
Overview: Ninjacart, founded in 2015, is a leading agri-marketing platform in India, simplifying the supply chain for fresh produce by connecting farmers directly with retailers and businesses.
Impact:
- Reduced food wastage by streamlining the supply chain.
- Increased farmer income by eliminating middlemen and ensuring better prices.
- Improved quality and freshness of produce reaching consumers.
Innovations:
- Supply Chain Optimization: Utilizes advanced algorithms and data analytics to predict demand and manage logistics.
- Traceability Solutions: Implements digital tools for tracking produce from farm to consumer, enhancing food safety and quality.
- Farmer Connect: Directly connects farmers to businesses, enabling real-time price discovery and faster payments.
Key Contributions:
- Streamlines the supply chain, reducing waste and ensuring fair prices for farmers.
- Uses data analytics to predict demand and optimize logistics.
- Implements traceability solutions to ensure food safety and quality.
Also Read: Top 10 Agritech companies in India
2.DeHaat
| Aspect | Details |
|---|---|
| Founded | 2012 |
| Headquarters | Patna, Bihar |
| Founders | Shashank Kumar, Amrendra Singh |
| Funding | Raised over $157 million from investors like Sequoia Capital, Sofina, and Omnivore |
| Business Model | End-to-end platform for farm services |
| Major Clients | Small and marginal farmers |
| Market Reach | Presence in Bihar, Uttar Pradesh, Odisha, and West Bengal |
| Achievements | Empowered over 700,000 farmers and collaborated with more than 1,300 agribusinesses |
| Website | DeHaat |
Overview: DeHaat, founded in 2012, is an end-to-end agritech platform offering a range of services to farmers, including crop advisory, input supply, and market linkage.
Impact:
- Enhanced farmer productivity and profitability through comprehensive support.
- Improved access to quality inputs and fair market prices for small farmers.
- Empowered over 700,000 farmers across multiple states.
Innovations:
- AI-based Crop Advisory: Provides personalized crop management advice through AI and machine learning.
- Integrated Platform: Combines input supply, advisory services, and market linkage in one platform.
- Last-mile Delivery: Uses a robust logistics network for timely delivery of inputs to farmers’ doorsteps.
Key Contributions:
- Provides personalized crop advisory through AI-based solutions.
- Offers doorstep delivery of quality farm inputs.
- Ensures better market prices for produce through efficient market linkages.
Also Read: Top 10 Healthtech startups in India
3.Agricx
| Aspect | Details |
|---|---|
| Founded | 2016 |
| Headquarters | Thane, Maharashtra |
| Founders | Saurabh Kumar, Debabrata Debnath |
| Funding | Raised over $2 million from investors like Omnivore and IIM Ahmedabad’s CIIE |
| Business Model | AI and image processing for quality assessment |
| Major Clients | Farmers, traders, and aggregators |
| Market Reach | Operations primarily in Maharashtra and surrounding regions |
| Achievements | Digitally assessed quality for over 200,000 tons of produce |
| Website | Agricx |
Overview: Agricx, founded in 2016, uses AI and image processing to grade and assess the quality of agricultural produce, enhancing transparency and efficiency in the supply chain.
Impact:
- Improved transparency in the agricultural produce market.
- Enabled fair pricing based on quality, reducing disputes between buyers and sellers.
- Enhanced overall efficiency in the supply chain.
Innovations:
- AI and Image Processing: Uses AI to grade produce quality quickly and accurately.
- Digital Records: Maintains digital records of quality assessments, ensuring transparency and traceability.
- Mobile-based Solutions: Provides easy-to-use mobile applications for farmers and traders to assess produce quality on the go.
Key Contributions:
- Offers digital grading solutions to ensure fair pricing based on quality.
- Reduces disputes between buyers and sellers over quality assessment.
- Enhances overall supply chain efficiency with digital records.
Also Read: Top 10 Fintech startups in India
4.AgroStar
| Aspect | Details |
|---|---|
| Founded | 2013 |
| Headquarters | Pune, Maharashtra |
| Founders | Shardul Sheth, Sitanshu Sheth |
| Funding | Raised over $45 million from investors like Accel, Bertelsmann, and Chiratae Ventures |
| Business Model | Digital platform for agronomy advice and input supply |
| Major Clients | Farmers across India |
| Market Reach | Operations in Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, and Uttar Pradesh |
| Achievements | Reached over 5 million farmers through its platform |
| Website | AgroStar |
Overview: AgroStar, founded in 2013, is a digital platform providing farmers with agronomy advice, input products, and access to expert knowledge.
Impact:
- Increased access to high-quality agricultural inputs for millions of farmers.
- Improved crop yields and reduced input costs through expert agronomic advice.
- Empowered farmers with knowledge and resources to adopt modern farming practices.
Innovations:
- Data-driven Advisory: Leverages data analytics to provide personalized farming recommendations.
- Digital Platform: Offers a mobile app and helpline for farmers to access expert advice and purchase inputs.
- Community Engagement: Creates a community of farmers for knowledge sharing and support.
Key Contributions:
- Delivers agronomic advice through mobile applications and helplines.
- Supplies high-quality inputs like seeds, fertilizers, and pesticides.
- Leverages data analytics to offer personalized farming solutions.
Also Read: Top 10 Cleantech startups in India
5.Cropin
| Aspect | Details |
|---|---|
| Founded | 2010 |
| Headquarters | Bangalore, Karnataka |
| Founders | Krishna Kumar, Kunal Prasad |
| Funding | Raised over $33 million from investors like Chiratae Ventures, Ankur Capital, and the Bill & Melinda Gates Foundation |
| Business Model | AI and data-driven farm management solutions |
| Major Clients | Farmers, agribusinesses, and food companies |
| Market Reach | Operates in over 50 countries, impacting millions of farmers |
| Achievements | Digitally transformed over 16 million acres of farmland |
| Website | CropIn |
Overview: CropIn, founded in 2010, offers a suite of AI and data-driven solutions for farm management, enabling stakeholders to make informed decisions based on real-time data.
Impact:
- Enhanced farm productivity and sustainability through data-driven farming.
- Improved traceability and compliance with food safety standards.
- Supported millions of farmers and numerous agribusinesses globally.
Innovations:
- Farm Management Platform: Provides real-time monitoring and management tools for farmers.
- Predictive Analytics: Uses AI to forecast yields and predict potential issues.
- Blockchain for Traceability: Implements blockchain technology for secure and transparent supply chain management.
Key Contributions:
- Provides a comprehensive farm management platform with real-time monitoring.
- Utilizes AI for predictive analytics and yield forecasting.
- Enhances traceability and compliance with digital records.
Also Read: Top 10 Insurtech startups in India
6.Stellapps
| Aspect | Details |
|---|---|
| Founded | 2011 |
| Headquarters | Bangalore, Karnataka |
| Founders | Ranjith Mukundan, Mitesh Rathi, Vivek Vyas, and others |
| Funding | Raised over $23 million from investors like Omnivore, ABB Technology Ventures, and Qualcomm Ventures |
| Business Model | IoT and analytics for the dairy supply chain |
| Major Clients | Dairy farmers, cooperatives, and milk producers |
| Market Reach | Presence in over 25,000 villages across India |
| Achievements | Processes over 10 million liters of milk daily through its platform |
| Website | Stellapps |
Overview: Stellapps, founded in 2011, focuses on digitizing the dairy supply chain, from milk production to distribution, using IoT and analytics.
Impact:
- Improved milk quality and production efficiency in the dairy sector.
- Increased income for dairy farmers through optimized operations.
- Enhanced traceability and safety of dairy products.
Innovations:
- IoT Solutions: Uses IoT devices for automated monitoring and management of dairy farms.
- Milk Quality Tracking: Implements digital solutions to monitor milk quality from production to delivery.
- Supply Chain Digitization: Provides end-to-end digitization of the dairy supply chain, ensuring transparency and efficiency.
Key Contributions:
- Implements IoT solutions for automated dairy farm management.
- Enhances milk quality and traceability through digital solutions.
- Improves farmer income by optimizing dairy operations.
Also Read: Top 10 legaltech startups in India
7.Bijak
| Aspect | Details |
|---|---|
| Founded | 2019 |
| Headquarters | Gurgaon, Haryana |
| Founders | Shashank Kumar, Ankit Srivastava, Taranjeet Singh Bhamra |
| Funding | Raised over $20 million from investors like Sequoia Capital, RTP Global, and Omnivore |
| Business Model | B2B marketplace for agricultural commodities |
| Major Clients | Traders, wholesalers, and farmers |
| Market Reach | Active in over 27 states across India |
| Achievements | Facilitated transactions worth over $1 billion on its platform |
| Website | Bijak |
Overview: Bijak, founded in 2019, is a B2B marketplace for agricultural commodities, aiming to bring transparency and efficiency to the agri-trading ecosystem.
Impact:
- Increased transparency and trust in agri-trading through credit ratings.
- Reduced transaction costs and improved efficiency in commodity trading.
- Empowered traders and farmers with better market insights.
Innovations:
- Credit Rating System: Uses data to rate buyers and sellers, building trust in transactions.
- Secure Payment Gateway: Provides a reliable and secure platform for financial transactions.
- Data Insights: Leverages data analytics to provide market trends and trading insights.
Key Contributions:
- Provides a credit rating system for buyers and sellers to build trust.
- Facilitates smooth transactions with a secure payment gateway.
- Uses data insights to optimize trading decisions.
Also Read: Top 10 Govtech startups in India
8.EM3 AgriServices
| Aspect | Details |
|---|---|
| Founded | 2014 |
| Headquarters | Noida, Uttar Pradesh |
| Founders | Rohtash Mal, Akshay Kochar |
| Funding | Raised over $13 million from investors like Aspada and Global Innovation Fund |
| Business Model | Farming-as-a-Service (FaaS), offering access to machinery on a pay-per-use basis |
| Major Clients | Small and marginal farmers |
| Market Reach | Operations in Madhya Pradesh, Gujarat, Rajasthan, and Maharashtra |
| Achievements | Provided services to over 250,000 farmers |
| Website | EM3 AgriServices |
Overview: EM3 AgriServices, founded in 2014, offers farming-as-a-service (FaaS) solutions, providing farmers with access to modern machinery and equipment on a pay-per-use basis.
Impact:
- Improved access to advanced farming machinery for small and marginal farmers.
- Enhanced farm productivity and reduced labor costs through mechanization.
- Supported sustainable farming practices through efficient resource use.
Innovations:
- Farming-as-a-Service (FaaS): Offers modern farming equipment on a pay-per-use basis.
- Mobile App: Provides a user-friendly app for booking machinery and services.
- Customized Solutions: Tailors services to meet the specific needs of different crops and farming stages.
Key Contributions:
- Provides affordable access to advanced farming machinery.
- Enhances productivity and efficiency with mechanized farming.
- Reduces the capital burden on small and marginal farmers.
Also Read: Top 10 Retailtech startups in India
9.Fasal
| Aspect | Details |
|---|---|
| Founded | 2018 |
| Headquarters | Bangalore, Karnataka |
| Founders | Shailendra Tiwari, Sharath Suresh |
| Funding | Raised over $6 million from investors like Omnivore, Wavemaker Partners, and others |
| Business Model | AI-powered platform for real-time farm data and predictive analytics |
| Major Clients | Farmers and agribusinesses |
| Market Reach | Presence in major agricultural regions across India |
| Achievements | Helped farmers save 40% on irrigation costs and increase yields by 30% |
| Website | Fasal |
Overview: Fasal, founded in 2018, is an AI-powered platform that provides real-time farm data and predictive analytics to help farmers make data-driven decisions.
Impact:
- Optimized irrigation and pest management, reducing input costs.
- Improved crop yields and quality through data-driven farming practices.
- Enhanced decision-making for farmers with real-time data and predictive analytics.
Innovations:
- AI-powered Platform: Uses AI to provide real-time farm data and predictive analytics.
- Weather Forecasting: Offers precise weather forecasts to help farmers plan their activities.
- Crop Health Monitoring: Provides insights into crop health and growth stages to optimize interventions.
Key Contributions:
- Offers precise weather forecasts and crop health monitoring.
- Provides actionable insights to optimize irrigation and pest management.
- Enhances yield and reduces input costs with data-driven farming.
Also Read: Top 10 Proptech startups in India
10.AgNext
| Aspect | Details |
|---|---|
| Founded | 2016 |
| Headquarters | Chandigarh |
| Founders | Taranjeet Singh Bhamra |
| Funding | Raised over $21 million from investors like Omnivore, Kalaari Capital, and Falcon Edge Capital |
| Business Model | Quality assessment and supply chain transparency using AI, IoT, and blockchain |
| Major Clients | Agribusinesses, food companies, and cooperatives |
| Market Reach | Operations in India and expanding to Southeast Asia and Africa |
| Achievements | Conducted over 2 million quality assessments |
| Website | AgNext |
Overview: AgNext, founded in 2016, focuses on quality assessment and supply chain transparency using AI, IoT, and blockchain technologies.
Impact:
- Enhanced quality assessment and fair pricing in the agri-supply chain.
- Improved traceability and transparency, building trust among stakeholders.
- Reduced fraud and discrepancies in quality assessments.
Innovations:
- AI and IoT Integration: Uses AI and IoT for accurate and efficient quality assessment.
- Blockchain Technology: Implements blockchain to secure and verify supply chain transactions.
- Real-time Quality Data: Provides real-time data on produce quality, enhancing decision-making.
Key Contributions:
- Provides accurate quality assessments to ensure fair pricing.
- Enhances traceability and transparency in the supply chain.
- Uses blockchain to secure and verify transaction data.
Also Read: Top 10 Foodtech startups in India
Frequently Asked Questions (FAQs) about Agritech Companies in India
1. What is the primary focus of Ninjacart?
- Answer: Ninjacart focuses on streamlining the supply chain by connecting farmers directly with retailers and businesses, using data analytics for demand prediction and implementing traceability solutions to reduce food wastage and improve the quality and freshness of produce.
2. How does DeHaat help farmers?
- Answer: DeHaat provides an end-to-end platform offering personalized crop advisory through AI, doorstep delivery of quality inputs, and efficient market linkages. This enhances productivity, profitability, and access to quality inputs for farmers.
3. What technology does Agricx use to assess the quality of agricultural produce?
- Answer: Agricx uses AI and image processing technology to grade and assess the quality of agricultural produce. This digital grading solution reduces disputes over quality and enhances supply chain efficiency.
4. What kind of services does AgroStar provide to farmers?
- Answer: AgroStar offers agronomic advice through mobile apps, supplies high-quality agricultural inputs, and provides data-driven personalized solutions to improve crop yields and empower farmers with modern agricultural practices.
5. How does CropIn support farmers and agribusinesses?
- Answer: CropIn offers AI and data-driven farm management solutions that include real-time farm monitoring, predictive analytics, and tools for enhancing traceability and compliance. This supports productivity, sustainability, and food safety for farmers and agribusinesses.
6. What is Stellapps’ contribution to the dairy industry?
- Answer: Stellapps digitizes the dairy supply chain using IoT and analytics, providing automated dairy farm management, milk quality tracking, and end-to-end supply chain digitization. This improves milk quality and production and enhances traceability and safety.
7. What distinguishes Bijak’s marketplace?
- Answer: Bijak is a B2B marketplace for agricultural commodities that features a credit rating system for buyers and sellers, a secure payment gateway, and data insights for trading. This increases transparency, trust, and market efficiency.
8. What is Farming-as-a-Service (FaaS) provided by EM3 AgriServices?
- Answer: EM3 AgriServices offers Farming-as-a-Service (FaaS), which provides farmers with access to advanced farming machinery on a pay-per-use basis. This model improves farm productivity, reduces labor costs, and supports sustainable farming practices.
9. How does Fasal help farmers with their crops?
- Answer: Fasal provides an AI-powered platform that offers real-time farm data, precise weather forecasts, crop health monitoring, and actionable insights. This helps farmers optimize irrigation and pest management, improving yields and crop quality.
10. What makes AgNext’s quality assessment unique?
- Answer: AgNext uses AI, IoT, and blockchain technologies to provide accurate quality assessments and enhance supply chain transparency. This ensures secure transactions, reduces fraud, and improves trust and pricing in the agricultural market.
11. Which company focuses on digitizing the dairy supply chain?
- Answer: Stellapps focuses on digitizing the dairy supply chain using IoT and analytics to provide automated dairy farm management, milk quality tracking, and end-to-end supply chain digitization.
12. What kind of support does AgroStar’s digital platform offer to farmers?
- Answer: AgroStar’s digital platform provides agronomic advice through mobile apps, supplies high-quality inputs, and offers data-driven personalized solutions, enhancing farmers’ access to modern agricultural practices and improving crop yields.
13. In which regions does DeHaat primarily operate?
- Answer: DeHaat primarily operates in Bihar, Uttar Pradesh, Odisha, and West Bengal, providing end-to-end agricultural services to farmers in these regions.
14. How has CropIn impacted global agriculture?
- Answer: CropIn operates in over 50 countries, impacting millions of farmers by providing AI and data-driven farm management solutions, enhancing productivity, sustainability, and food safety on a global scale.
15. What achievements has Bijak accomplished since its inception?
- Answer: Bijak has facilitated transactions worth over $1 billion on its platform, increasing transparency and trust among traders, wholesalers, and farmers across 27 states in India.
Conclusion
The agritech sector in India is rapidly evolving, with companies like Ninjacart, DeHaat, and Agricx at the forefront, driving significant improvements in efficiency, productivity, and sustainability. These companies are not only transforming the agricultural landscape but also empowering millions of farmers by providing them with the tools and knowledge needed to thrive in a competitive market. The future of Indian agriculture looks promising, with technology playing a pivotal role in shaping its growth trajectory.
Also Read:
Top 10 Agritech companies in India
Top 10 Healthtech startups in India
Top 10 Fintech startups in India
Top 10 Cleantech startups in India
Top 10 Insurtech startups in India
Top 10 legaltech startups in India
Top 10 Govtech startups in India
Top 10 Retailtech startups in India
Top 10 Proptech startups in India
Top 10 Foodtech startups in India
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