Fasal

AgribusinessSeries ALucknow, Indiafasal.co

Latest round

Series A

Last raised

Dec 2023

Total raised

$14M

Investors

15

About Fasal

Founded in 2018, Fasal operates from Lucknow, India, focusing on developing an AI-powered intelligence platform for farmers. The company was established by Ananda Verma, who has a history of entrepreneurial ventures prior to Fasal.00 mn.Fasal provides an advanced IoT-based AI-powered intelligence platform specifically designed for precision farming, focusing on horticultural crops. Its core offerings include a comprehensive farm management system that delivers accurate microclimatic forecasts, precise irrigation recommendations, and real-time alerts for disease and pest risks. The platform utilizes farm-level data, integrating various parameters such as soil conditions, crop stages, and climatic factors to inform farmers about optimal growth conditions and resource requirements. The primary end users of Fasal's services are farmers across various regions, including states in India such as Maharashtra, Madhya Pradesh, and Karnataka, where it has made significant impacts in crop management and water conservation.Fasal operates on a transactional model that includes subscription services for its precision farming platform, where farmers pay a recurring fee to access its various functionalities.30. The company's flagship product, including innovations like FASAL WATER CREDIT™, is designed to motivate farmers toward sustainable practices while ensuring better financial management through insights on crop progression and financial health. The company plans to enhance its product offerings and expand geographically, with a focus on entering new markets by the end of 2025.

Who invested in Fasal

15 investors across 3 rounds

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Funding rounds

  1. Series A

    Dec 22, 2023

    Amount

    $12M

    Investors

    Locked

  2. Seed

    Jun 13, 2020

    Amount

    $0.1M

    Investors

    Locked

  3. Seed

    Oct 30, 2019

    Amount

    $1.6M

    Investors

    Locked

Questions about Fasal

Who invested in Fasal?

Fasal has 15 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fasal raised?

Fasal has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Fasal last raise money?

Fasal's most recent round on record is a Series A, in Dec 2023.

What does Fasal do?

Founded in 2018, Fasal operates from Lucknow, India, focusing on developing an AI-powered intelligence platform for farmers.

Where is Fasal headquartered?

Fasal is headquartered in Lucknow, India.

Which VCs invest in companies like Fasal?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back agribusiness companies at Fasal's stage. Their profiles are linked below.

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