About Ant Farm
Ant Farm is a Financial Services company based in Mumbai (India) founded in 2012 by Upen Roop Rai. Marketing services are provided to clients from Mumbai base. Ant Farm has raised $13.75 million across 5 funding rounds from investors including Bay Cap, Hausela and UBR Capital. The company has 9 employees. Ant Farm has completed 2 acquisitions, including Fork Media Group and MealsOnWheels. Ant Farm was last valued at $19.58 million in August 2017. Its Indian entity Antfarm Business Incubator Private Limited reported revenue of ₹6.1 Lakh. Ant Farm offers products and services including Ant Farming and Farm Tools. Its focus areas include Investment Industry, Accelerators & Incubators, Sector Agnostic and Startup Studio.
Company details
Ant Farm, established in 2012, excels in investment industry, accelerators incubators, sector agnostic, and startup studio. Provider of marketing services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Employees 9
- Founders Upen Roop Rai
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website antfarm.in
- Social LinkedIn Facebook
- Legal Name Antfarm Business Incubator Private Limited
- Date of Incorporation 18 Jan, 2013
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹6.1 Lakh
FY 2024 · +66% YoY
- Net Loss-₹51.4 Lakh
FY 2024 · -842% margin
- EBITDA-₹32.6 Lakh
FY 2024 · -534% margin
- Total Equity Funding$13.75M (USD)
in 5 rounds
- Latest Funding Round$3.38M (USD), Series B
Aug 2017
- InvestorsBay Cap
& 29 more
- Employee Count9
- Investments & AcquisitionsFork Media Group
& 1 more
Associated legal entities of Ant Farm
Ant Farm operates through Antfarm Business Incubator 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 |
|---|---|---|---|---|---|---|---|
| Antfarm Business Incubator Private Limited CIN U74120MH2013PTC239820 | Active | 18 Jan 2013 | Navi Mumbai, Maharashtra | ₹0.1 Cr | 9 | 3 | View details |
Products & Services of Ant Farm
Ant Farm offers a comprehensive portfolio of products and services, including Ant Farming and Farm Tools.
Ant farming is conducted for ecological and agricultural purposes, supporting various industry needs
Farm tools and related products are distributed to enhance agricultural processes
Funding Insights of Ant Farm
Ant Farm has successfully raised a total of $13.75M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $3.38 million completed in August 2017. 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.
- Total Funding $13.75M
- Total Rounds 5
- Last Round Series B — $3.38M
- First Round $169,498
(Mar 2013)
- Investors Count 30
All 5 funding rounds of Ant Farm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | $3.38M | Series B | $19.58M | – | |
| Jun 2016 | $3.69M | Series B | $15.12M | – | |
| Oct 2015 | $3.84M | Series B | $••••• | – | |
| Aug 2014 | $2.67M | Series A | – | Bay Capital | |
| Mar 2013 | $169,498 | Angel Round | $••••• | Ravi Dhariwal |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2017 | $19.58M | •••••••• |
| Jun 2016 | $15.12M | •••••••• |
| Oct 2015 | $••••• | •••••••• |
| Mar 2013 | $••••• | •••••••• |
Full valuation and stage history of Ant Farm
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $19.58M (Aug 2017). 30 investors in total: 6 institutional and 24 angel.
Investors in Ant Farm
Ant Farm has secured backing from 30 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Bay Cap, Hausela and UBR Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity, venture capital, and philanthropic services focused on global investments and youth support. | 2013 | hausela.com | Kowloon, China | |
Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance. | 2010 | ubrcapital.com | Mumbai, India | |
Multiple strategies are employed in hedge fund equity management. | 2006 | bay-cap.com | Mumbai, India | |
Provides comprehensive financial services solutions to clients. | antiquelimited.com | Mumbai, India | ||
Provides a range of cybersecurity services to protect digital assets. | 2013 | mindsetechnologies.com | Chennai, India | |
Office furniture is manufactured and retailed by Featherlite in India. | featherlitefurniture.com | Bengaluru, India | ||
PK Piush Kumar | Angel investor and entrepreneur, co-founder of Yatra.com, active in Indian startup ecosystem | unknown_b85b5bbdb8304da2b | ||
SK Sanjay Kalra | Angel investor, ex-entrepreneur, focused on tech startups in India. | unknown_17b6ea0c3f2341f1b | ||
MK Meena Kothari | unknown_9c10aa2fd09b47f6b | |||
HK Hansa Kapadia | unknown_d44127c26f2e4b46a |
Investor details for Ant Farm
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Antfarm Business Incubator Private Limited (Ant Farm)
Antfarm Business Incubator Private Limited is the primary company behind Ant Farm. The board of Antfarm Business Incubator Private Limited currently have 3 directors; the longest-serving is Upen Roop Rai, appointed in 2013. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Upen Roop Rai DIN 00044000 | Director | 18 Jan 2013 | 13 yrs 9 mo | Antfarm Business Incubator Private Limited |
| Sharina R Khiani DIN 08393209 | Additional Director | 19 Mar 2019 | 7 yrs 7 mo | Antfarm Business Incubator Private Limited |
| Rishi Arjan Khiani DIN 05274374 | Director | 01 Apr 2025 | 1 yr 7 mo | Antfarm Business Incubator Private Limited |
People of Ant Farm
1 people are tracked at Ant Farm (1 in leadership); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Ant Farm
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ant Farm
Figures of Antfarm Business Incubator Private Limited, the primary company behind Ant Farm, for FY 2024. Revenue was ₹6.1 Lakh (+66% year on year). Net loss was -₹51.4 Lakh (-842% margin). EBITDA was -₹32.6 Lakh (-534% margin). Revenue has grown at a compounded annual rate of -39% over three years and -76% over five years.
- ₹6.1 LakhRevenue · FY 2024 · +66% YoY
- -₹51.4 LakhNet loss · -842% margin
- -₹32.6 LakhEBITDA · -534% margin
- ₹3.95 CrPaid-up capital
- 9Employees (provident fund records)
- -39%Revenue CAGR, 3 years
- -76%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Antfarm Business Incubator Private Limited are on its company page.
Detailed financial statements for Ant Farm
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.
Investments & Acquisitions by Ant Farm
Ant Farm has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fork Media Group and MealsOnWheels.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online food ordering and delivery from restaurants is enabled. | mealsonwheels.in | Mumbai, India | 2014 | Nov 2014 | •••• | |
Branding and advertising services are provided by FMG in Mumbai. | forkmediagroup.com | Mumbai, India | 2013 | Apr 2013 | •••• |
Complete acquisition details for Ant Farm
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Ant Farm
6 dated milestones of Ant Farm across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ant Farm is founded.
- Funding First funding round of $169K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Fork Media Group.
- Acquisition Acquires MealsOnWheels.
- Funding Latest funding round, Series B, of $3.4M.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ant Farm
Complete news archive for Ant Farm
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ant Farm
Ant Farm was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Ant Farm is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ant Farm is a funded company, having raised a total of $13.75M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $169.5K, raised on Mar 2013.
Ant Farm has 9 employees.
The primary company behind Ant Farm, Antfarm Business Incubator Private Limited, reported revenue of ₹6.1 Lakh for FY 2024, up 66% year on year.
Ant Farm, established in 2012, excels in investment industry, accelerators incubators, sector agnostic, and startup studio. Provider of marketing services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Ant Farm offers Ant Farming and Farm Tools.
Ant Farm has made 2 acquisitions, including Fork Media Group, and MealsOnWheels.
Ant Farm has 30 investors. Key investors include Bay Cap, Hausela, UBR Capital, Antique Limited, and Mindset Software Technologies.
The valuation of Ant Farm is $19.58M as of Aug 2017.
Ant Farm operates through Antfarm Business Incubator Private Limited.
The legal entities of Ant Farm currently have 3 directors, including Rishi Arjan Khiani, Sharina R Khiani, Upen Roop Rai.