# MoooFarm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mooofarm

- Industry: Agribusiness
- Headquarters: Gurgaon, India
- Website: www.mooo.farm
- Total disclosed funding: $15M
- Latest round: Series A (Dec 1, 2022)
- Investors on record: 6

## About

MoooFarm is an innovative company specializing in advanced agricultural solutions that enhance productivity and sustainability in farming, catering to the needs of both crop and livestock management.Founded in 2019 and headquartered in Gurgaon, India, MoooFarm provides cutting-edge agricultural solutions aimed at improving farming efficiency. The company has secured a total of USD 13.000 mn through Series A funding led by Aavishkaar Capital, with participation from several investors including Accel and Aditya Birla Ventures. The latest funding round took place on December 1, 2022 and is part of MoooFarm's efforts to expand operations and support farmer communities. The founding team includes Aashna Singh, Abhijeet Mittal, Jitesh Arora, Param Singh, and Sushant Goyal, with current CEO Navneet Singh overseeing company operations.MoooFarm's core offerings revolve around advanced agricultural solutions designed to enhance productivity and sustainability in farming operations. The company focuses on providing innovative technologies and services that cater to both crop and livestock management. These solutions facilitate efficient resource usage, improve crop yields, and streamline livestock care, addressing critical challenges faced by farmers such as resource allocation, pest management, and climate adaptation. MoooFarm serves a diverse client base, including individual farmers, agricultural cooperatives, and agribusinesses across various geographical markets, notably in North America, Europe, and parts of Asia. By integrating modern technology with traditional farming practices, MoooFarm aims to empower farmers and elevate their operational efficiency, ultimately contributing to the broader goal of sustainable agriculture.In 2022, MoooFarm reported a revenue of USD 6,811,090.30 and an EBITDA of USD -1,983,454.30. The company generates revenue through a structured combination of subscription-based models and direct sales, catering primarily to B2B clients and individual end-users. The tiered subscription plans provide access to its suite of agricultural tools and services, ensuring that clients can select options that best fit their operational needs. In addition to subscription revenues, MoooFarm also engages in direct transactions for standalone products, such as specialized farming equipment and software solutions, fostering strong relationships within the agricultural community and promoting long-term partnerships with its clients.Following its Series A funding of USD 13.000 mn in December 2022, MoooFarm plans to utilize the capital to expand its operations nationally and enhance its capacity to serve the growing needs of farmer communities. The company is focused on launching new products designed to further improve agricultural productivity, with specific timelines for market entry expected to be announced in the near future. Additionally, MoooFarm aims to expand into new markets, targeting regions in Southeast Asia and Africa by the end of 2023.

## Funding rounds

- Series A, Dec 1, 2022, $13M — Accel, Aavishkaar Capital, Rockstart Enterprises, Navus Ventures B. V., Alteria Capital, Aditya Birla Ventures
- Seed, Jan 28, 2022, $2.4M — Accel, Rockstart Enterprises, Navus Ventures B. V.

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Rockstart Enterprises (https://capitalatlas.ai/funds/rockstart-enterprises) — Seed, Series A
- Navus Ventures B. V. (https://capitalatlas.ai/funds/navus-ventures-b-v) — Seed, Series A
- Aavishkaar Capital (https://capitalatlas.ai/funds/aavishkaar-capital) — Series A
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A
- Aditya Birla Ventures — Series A