Agrograde

Mumbai, India Founded: 2017 • Age: 9 yrs
Provider of AI-enabled crop sorting and grading machines
Annual revenue $34,593 Latest available
Total funding $170,357 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Agrograde

Agrograde is a company based in Mumbai (India) founded in 2017 by Rakeshkumar Barai and Kshitij Shrawan Thakur. Agrograde has raised $170.36 thousand across 3 funding rounds from investors including Villgro, Social Alpha and IIMA Ventures. Agrograde offers products and services including Agrograde App and Agrograde Machine. Agrograde operates in a competitive market with competitors including Bomill, QualySense, Marsh Harrier, Insort and RKG Enterprises, among others.

  • Headquarter Mumbai, India
  • Founders Rakeshkumar Barai, Kshitij Shrawan Thakur
  • Stage Minicorn
  • Sectors
    Agriculture
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Occipital Technologies Private Limited
  • Date of Incorporation 10 Feb, 2017
  • Jurisdiction Navi Mumbai, Maharashtra, India
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $34.59 K (USD)
    715.83
    as on Mar 31, 2022
  • Net Profit
    -$86.85 K (USD)
    -34.77
    as on Mar 31, 2022
  • EBITDA
    -$73.85 K (USD)
    -15.65
    as on Mar 31, 2022
  • Total Equity Funding
    $170.36 K (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    Villgro

    & 5 more

  • Employee Count
    Not available
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Products & Services of Agrograde

Agrograde offers a comprehensive portfolio of products and services, including Agrograde App and Agrograde Machine.

Product name locked
Category locked
Primary

App that generates reports on fruit and vegetable quality for better sales negotiations.

Product name locked
Category locked
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AI machine sorts fruits and vegetables by size, shape, and defects without damage.

Funding Insights of Agrograde

Agrograde has successfully raised a total of $170.36K across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Agrograde

Agrograde has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Villgro, Social Alpha and IIMA Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Sustainable startups are supported via innovation curation and venture funding.
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Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors.
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Early-stage tech startups are supported via venture capital and acceleration.
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Investor details for Agrograde

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Investments & Acquisitions by Agrograde

Investments
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Investment portfolio details for Agrograde

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Financial Statements - Agrograde

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Detailed financials for Agrograde

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Agrograde Comparisons

Agrograde Primary company
Description
Provider of AI-enabled crop sorting and grading machines
Location
Mumbai, India
Founded Year
2017
Annual Revenue
$34.59 K (USD)
Net Profit
-$86.85 K (USD)
EBITDA
-$73.85 K (USD)
Employees
Not available
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Peer comparison for Agrograde

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Competitors of Agrograde

Agrograde operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bomill, QualySense, Marsh Harrier, Insort and RKG Enterprises, among others.

Company Name Domain Founded year HQ Location Description
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Wheat sorting systems are developed and manufactured for agriculture.
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Autonomous robots for grain sorting and grading are developed.
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Manufacturer and supplier of grading and sorting equipment
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Law enforcement services for a county in Austria are provided.
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Supplies and markets color sorter machines for grains and tea globally.
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IoT and AI-based platform for autonomous food monitoring is provided.
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Detailed competitors of Agrograde

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Latest news on Agrograde

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Complete news archive for Agrograde

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Frequently Asked Questions about Agrograde

Agrograde was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Agrograde is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Kshitij Shrawan Thakur is the current CEO of Agrograde. They have also founded this company.

Agrograde is a funded company, having raised a total of $170.36K across 3 funding rounds to date.

Annual revenue of Agrograde is $34.59K as on Mar 31, 2022.

Agrograde was founded in 2017 in Mumbai, India, within the agritech sector. AI technology integrated with cameras and sensors is utilized by the company to sort and grade fruits and vegetables according to size, quality, shape, and defects. A cloud-based platform and mobile application are also offered for reviewing produce and generating reports. Operations focus on agricultural processing efficiency in the region.

Agrograde's top competitors include Bomill, Marsh Harrier and QualySense.

Agrograde offers Agrograde App and Agrograde Machine.

Agrograde has 6 investors. Key investors include Villgro, Social Alpha, IIMA Ventures, Impact Innovators and Entrepreneurs Foundation, and Kshitij Shrawan Thakur.

The valuation of Agrograde is $1.21M as of Jul 2021.

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