# Intello Labs Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/intello-labs-private

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.intellolabs.com
- Total disclosed funding: $16M
- Latest round: Series B (Dec 13, 2022)
- Investors on record: 13

## About

Intello Labs Private Limited, based in India, provides advanced automated solutions for the agricultural sector, focusing on optimizing supply chain management for fresh produce through artificial intelligence and computer vision technologies.Founded in 2016 and headquartered in Gurgaon, India, Intello Labs specializes in automating quality control processes in agriculture. The company has successfully navigated eight investment deals, most recently securing INR 232.4 million in Series B funding on December 13, 2022, led by Saama Capital. Founders Himani Shah, Milan Sharma, and Nishant Mishra established the firm with the aim of transforming the horticultural trade. Milan Sharma serves as CEO. The company has raised a total of INR 232.4 million to date, with a current valuation of INR 6782.033 million.Intello Labs offers automated solutions specifically designed for supply chain management in agriculture, particularly for fresh produce like fruits, vegetables, spices, and nuts. Utilizing artificial intelligence and computer vision, the company enhances processes such as sorting, grading, packing, and quality tracking, allowing agribusinesses to minimize waste and maximize profitability. Their clientele includes growers, wholesalers, and retailers across diverse markets including India, the USA, Singapore, and Sweden, enabling data-driven decisions and improved supply chain transparency.In the most recent fiscal year of 2022, Intello Labs generated a revenue of INR 1,457,712.30 with an EBITDA of INR -4,965,900.70. The company operates on a business-to-business (B2B) model, offering a range of technological solutions tailored for agricultural producers and distributors to enhance their operational efficiency and product quality.Following their Series B funding in December 2022, Intello Labs plans to leverage the raised INR 232.4 million to support the development of new products and expand into additional geographic markets. The company aims to target new regions, although specific markets have not been disclosed, and plans to utilize the funding to further enhance its technology offerings and expand its client base.

## Funding rounds

- Series B, Dec 13, 2022, $2.8M — Nexus Venture Partners, Omnivore, Saama Capital, AgFunder, Avaana Capital
- Series A, Sep 13, 2021, $5.2M — Nexus Venture Partners, Omnivore, Saama Capital, Avaana Capital
- Series A, May 7, 2021, $0.1M — Trifecta Capital
- Series A, May 6, 2020, $5.6M — Nexus Venture Partners, Omnivore, Saama Capital, Thrive, GROW Agritech Fund
- Series A, Mar 28, 2019, $2M — Nexus Venture Partners, Omnivore
- Seed, Jul 5, 2018, $0.4M — Techstars, Shangrila Infotech, Indigram Labs, VT Capital
- Angel, Nov 10, 2016, $0.4M — JioGenNext, Indigram Labs, VT Capital

## Investors

- JioGenNext (https://capitalatlas.ai/funds/jiogennext) — Angel
- Indigram Labs — Angel, Seed
- VT Capital (https://capitalatlas.ai/funds/vt-capital) — Angel, Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Shangrila Infotech — Seed
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A, Series B
- Omnivore (https://capitalatlas.ai/funds/omnivore) — Series A, Series B
- Saama Capital (https://capitalatlas.ai/funds/saama-capital) — Series A, Series B
- Thrive (https://capitalatlas.ai/funds/thrive) — Series A
- GROW Agritech Fund — Series A
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series A
- Avaana Capital (https://capitalatlas.ai/funds/avaana-capital) — Series A, Series B
- AgFunder (https://capitalatlas.ai/funds/agfunder) — Series B