# CropIn Technology Solutions Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cropin-technology-solutions-pvt

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.cropin.com
- Total disclosed funding: $43M
- Latest round: Series D (Dec 17, 2022)
- Investors on record: 10

## About

CropIn Technology Solutions Pvt. Ltd. is an India-based company that leverages innovative technology to optimize agricultural practices and enhance productivity through data analytics and AI-driven solutions.Founded in 2010 and based in Bangalore, India, CropIn Technology Solutions Pvt. Ltd. provides advanced agricultural technology solutions to enhance productivity and sustainability. The company was co-founded by Krishna Kumar and Kunal Prasad. CropIn has successfully raised a total of INR 1,133.954 mn across multiple funding rounds, with the latest being a Series D round involving investors such as ABC Impact, Chiratae Ventures, Google Inc., and JSR Active Innovation Fund. The company's current valuation stands at INR 4,478.650 mn.CropIn Technologies offers a comprehensive suite of products designed to enhance agricultural productivity and sustainability. Their core product, SmartFarm, is a cloud-based platform that provides farmers, agribusinesses, and stakeholders in the agricultural supply chain with real-time insights into farm operations, crop health, and market trends. The platform integrates data analytics, artificial intelligence, and machine learning to enable users to make informed decisions that optimize yield and resource use. Additionally, CropIn's solutions cater to various stakeholders, including farming cooperatives, agronomists, and government agencies, facilitating better data-driven decisions across the agricultural ecosystem. The company's services are deployed in multiple geographical markets, with significant presence in regions such as India, Africa, and Southeast Asia, where they address local agricultural challenges and enhance food security.In the most recent fiscal year of 2023, CropIn Technologies generated a revenue of INR 3,347,085.70, while reporting an EBITDA of INR -10,308,633.70. The company generates revenue primarily through a subscription-based model, where clients pay for access to their suite of software solutions, including SmartFarm and its associated services. The transactions typically involve agribusinesses and farmers entering into annual contracts that provide them access to tailored analytics and support services for crop management.CropIn Technology Solutions Pvt. Ltd. plans to leverage its recent funding for developing new features and products within its technology suite, enhancing the SmartFarm platform's capabilities. The company aims to expand its reach into new markets, particularly in Africa and Southeast Asia, by the end of 2024. The funding will also support marketing efforts and local partnerships to facilitate this expansion, allowing CropIn to address unique regional agricultural challenges.

## Funding rounds

- Series D, Dec 17, 2022, $14M — Chiratae Ventures, Google Inc., ABC Impact, JSR Active Innovation Fund
- Series C, Apr 27, 2022, $0.3M — Alteria Capital
- Series C, Jan 6, 2021, $20M — Chiratae Ventures, CDC Group, Ankur Capital, Invested Development, Pratithi Investment Trust, ABC Impact
- Series C, Sep 6, 2019, $0.1M — Alteria Capital
- Series C, Nov 14, 2018, $8.1M — Chiratae Ventures, Bill & Melinda Gates Foundation
- Angel, Apr 1, 2014, $0.5M — Ankur Capital, Invested Development
- Angel, Apr 1, 2013, $0.2M — Ankur Capital

## Investors

- Ankur Capital (https://capitalatlas.ai/funds/ankur-capital) — Angel, Series C
- Invested Development (https://capitalatlas.ai/funds/invested-development) — Angel, Series C
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series C, Series D
- Bill & Melinda Gates Foundation — Series C
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series C
- CDC Group — Series C
- Pratithi Investment Trust — Series C
- ABC Impact (https://capitalatlas.ai/funds/abc-impact) — Series C, Series D
- Google Inc. — Series D
- JSR Active Innovation Fund (https://capitalatlas.ai/funds/jsr-active-innovation-fund) — Series D
