About Agroblock
Agroblock is an Agriculture company based in Bengaluru (India) founded in 2018 by Gopinath Sheregar. Blockchain, IoT, and AI-based traceability for agricultural supply chains. It operates in the Agriculture and Technology sectors. Its Indian entity Iotracx Private Limited reported revenue of ₹15.3 Lakh. Its focus areas include Food and Agriculture Tech, Crop Tech, Post Harvest Management and Traceability.
Company details
Agroblock was founded in 2018 in Bengaluru, India, as a platform integrating blockchain, IoT, and AI for the agricultural sector. Traceability and real-time visibility across the supply chain are enabled, with features for managing responsible sourcing, product quality details, inventory, and movement tracking. Accountability is ensured through proof of consumption viability, while processing is monitored from farm to end-user in the agricultural supply chain.
- Headquarters Bengaluru, India
- Founders Gopinath Sheregar
- SectorsAgricultureTechnology
- Email••••••••
- Website agroblock.io
- Social LinkedIn X Facebook
- Legal Name Iotracx Private Limited
- Date of Incorporation 01 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹15.3 Lakh
FY 2024 · -52% YoY
- Net Loss-₹5.7 Lakh
FY 2024 · -37% margin
- EBITDA-₹3.9 Lakh
FY 2024 · -25% margin
Associated legal entities of Agroblock
Agroblock operates through Iotracx Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iotracx Private Limited CIN U72900KA2016PTC098142 | Active | 01 Dec 2016 | Bangalore, Karnataka | ₹0.2 Cr | 3 | View details |
Board of directors of Iotracx Private Limited (Agroblock)
Iotracx Private Limited is the primary company behind Agroblock. The board of Iotracx Private Limited currently have 3 directors; the longest-serving is Gopinath Sheregar Annappa, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gopinath Sheregar Annappa DIN 07489886 | Director | 01 Dec 2016 | 9 yrs 11 mo | Iotracx Private Limited |
| Shyamsundar Purkayastha DIN 07159166 | Director | 01 Dec 2016 | 9 yrs 11 mo | Iotracx Private Limited |
| Kotekar Sudhindra Rao DIN 10146945 | Director | 20 Jul 2023 | 3 yrs 3 mo | Iotracx Private Limited |
People of Agroblock
1 people are tracked at Agroblock (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Agroblock
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Agroblock
Figures of Iotracx Private Limited, the primary company behind Agroblock, for FY 2024. Revenue was ₹15.3 Lakh (-52% year on year). Net loss was -₹5.7 Lakh (-37% margin). EBITDA was -₹3.9 Lakh (-25% margin). Revenue has grown at a compounded annual rate of -14% over three years and +2% over five years.
- ₹15.3 LakhRevenue · FY 2024 · -52% YoY
- -₹5.7 LakhNet loss · -37% margin
- -₹3.9 LakhEBITDA · -25% margin
- ₹1 LakhPaid-up capital
- -14%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iotracx Private Limited are on its company page.
Detailed financial statements for Agroblock
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Agroblock
The website of Agroblock (agroblock.io) receives about 1K visits a month.
- Monthly visits1K
▲ 1167.3% vs previous month
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Agroblock (Crop Tech & Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | USD 679.04 M | 12,280 | ||
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 |
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Frequently Asked Questions about Agroblock
Agroblock was founded in 2018.
Agroblock is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Agroblock, Iotracx Private Limited, reported revenue of ₹15.3 Lakh for FY 2024, down 52% year on year.
Agroblock was founded in 2018 in Bengaluru, India, as a platform integrating blockchain, IoT, and AI for the agricultural sector. Traceability and real-time visibility across the supply chain are enabled, with features for managing responsible sourcing, product quality details, inventory, and movement tracking. Accountability is ensured through proof of consumption viability, while processing is monitored from farm to end-user in the agricultural supply chain.
Agroblock operates through Iotracx Private Limited.
The legal entities of Agroblock currently have 3 directors, including Kotekar Sudhindra Rao, Gopinath Sheregar Annappa, Shyamsundar Purkayastha.