
About Aqgromalin
Aqgromalin is an Agriculture company based in Chennai (India) founded in 2020 by Prasanna Manogaran. Provider of consulting, training and cultivation services to farming sector. Aqgromalin has raised $6.26 million across 3 funding rounds from investors including Indigram Labs, Zephyr Management and Imediablitz Solutions. The company has 128 employees. Aqgromalin was last valued at $22.77 million in June 2021. Its chief executive, as recorded, is Prasanna Manogaran. Its Indian entity Aqgromalin Farmtech Services Private Limited reported revenue of ₹75.93 Cr. Its focus areas include Food and Agriculture Tech, Livestock Tech, Tech Enabled Farm Services and Poultry. Its competitors include O’RIGHT, Khetiox and CowFit Studio; 1 of its 3 listed competitors has raised funding.
Company details
Aqgromalin was founded in 2020 and is based in Chennai, India. Consulting, training, and cultivation services are offered to the farming sector, with a focus on animal husbandry and aquaculture. Input materials are supplied to farmers, ensuring delivery directly at the farm-gate to facilitate access to quality resources. Operations center on supporting agricultural practices in the region.
- Headquarters Chennai, India
- Employees 128
- Founders Prasanna Manogaran
- Stage Minicorn
- SectorsAgriculture
- Website aqgromalin.com
- Social LinkedIn X
- Legal Name Aqgromalin Farmtech Services Private Limited
- Date of Incorporation 08 Oct, 2020
- Jurisdiction Krishnagiri, Tamil Nadu, India
- Annual Revenue₹75.93 Cr
FY 2022 · +8687% YoY
- Net Loss-₹34.43 Cr
FY 2022 · -45% margin
- EBITDA-₹33.83 Cr
FY 2022 · -45% margin
- Total Equity Funding$6.26M (USD)
in 3 rounds
- Latest Funding Round$60.74K (USD), Seed
May 2023
- InvestorsIndigram Labs
& 36 more
- Employee Count128
Associated legal entities of Aqgromalin
Aqgromalin operates through Aqgromalin Farmtech Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aqgromalin Farmtech Services Private Limited CIN U01100TN2020PTC138504 | Active | 08 Oct 2020 | Krishnagiri, Tamil Nadu | ₹75.9 Cr | 128 | 2 | View details |
Funding Insights of Aqgromalin
Aqgromalin has successfully raised a total of $6.26M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $60.74 thousand completed in May 2023. 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 $6.26M
- Total Rounds 3
- Last Round Seed — $60,736
- First Round $270,900
(Nov 2020)
- Investors Count 37
All 3 funding rounds of Aqgromalin 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 |
|---|---|---|---|---|---|
| May 2023 | $60,736 | Seed | – | – | – |
| Jun 2021 | $5.93M | Seed | $22.77M | Surge | |
| Nov 2020 | $270,900 | Angel Round | $2.27M | Gopireddy Chandrakanth Reddy, Zephyr Management |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $22.77M | •••••••• |
| Nov 2020 | $2.27M | •••••••• |
Last known valuation $22.77M (Jun 2021). 37 investors in total: 7 institutional and 30 angel.
Investors in Aqgromalin
Aqgromalin has secured backing from 37 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Indigram Labs, Zephyr Management and Imediablitz Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors. | 2016 | indigramlabs.org | Delhi, India | |
Acceleration is provided to startups across multiple sectors by Surge. | surgeahead.com | |||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Agritech startups are funded by Omnivore, a venture capital entity. | omnivore.vc | Mumbai, India | ||
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Investment advisory, equity financing, and portfolio management in emerging markets. | zmlp.com | New York, United States | ||
Solutions are delivered by Imediablitz in Delhi, India. | Delhi, India | |||
SR Siva Ramalingam | unknown_5f259594a1c84e57b | |||
SN Suchitra Narayanan | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_c6f29a68a0e84f2c8 | ||
PR Prateek Rawat | unknown_557709e006024214b |
Investor details for Aqgromalin
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Board of directors of Aqgromalin Farmtech Services Private Limited (Aqgromalin)
Aqgromalin Farmtech Services Private Limited is the primary company behind Aqgromalin. The board of Aqgromalin Farmtech Services Private Limited currently have 2 directors; the longest-serving is Bharani Chedimala Lakshmi, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharani Chedimala Lakshmi DIN 08910478 | Director | 08 Oct 2020 | 6 yrs | Aqgromalin Farmtech Services Private Limited |
| Prasanna DIN 08910479 | Director | 08 Oct 2020 | 6 yrs | Aqgromalin Farmtech Services Private Limited |
People of Aqgromalin
1 people are tracked at Aqgromalin (1 in leadership); the tracked headcount is 128.
| Name | Role | Group |
|---|---|---|
Prasanna Manogaran | Co-Founder & CEO | Leadership |
Complete people profiles for Aqgromalin
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Financials of Aqgromalin
Figures of Aqgromalin Farmtech Services Private Limited, the primary company behind Aqgromalin, for FY 2022. Revenue was ₹75.93 Cr (+8687% year on year). Net loss was -₹34.43 Cr (-45% margin). EBITDA was -₹33.83 Cr (-45% margin).
- ₹75.93 CrRevenue · FY 2022 · +8687% YoY
- -₹34.43 CrNet loss · -45% margin
- -₹33.83 CrEBITDA · -45% margin
- ₹1.9 LakhPaid-up capital
- 128Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Aqgromalin Farmtech Services Private Limited are on its company page.
Detailed financial statements for Aqgromalin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Aqgromalin
4 dated milestones of Aqgromalin across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Aqgromalin is founded.
- Funding First funding round of $271K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $61K.
Competitors of Aqgromalin
Aqgromalin has 3 listed competitors in our database, 1 of them funded. They include O’RIGHT, Khetiox and CowFit Studio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oright.io | 2019 | Gurugram, India | $1.85M | 40 | Provider of supply chain solutions for the dairy industry | |
| khetiox.in | 2022 | Nagaon, India | Livestock farmers are connected with buyers through a marketplace platform. | |||
| cowfit.in | 2021 | Pune, India | 37 | Manages an e-commerce store for diversified cow care products. |
Detailed competitors of Aqgromalin
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Top companies in Livestock Tech & Equipment
3 companies that operate in the same segment as Aqgromalin (Livestock Tech & Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online app-based retailer for meat and poultry products | 2016 | Chennai, Tamil Nadu, India | USD 38.06 M | USD 15.99 M | 1,208 | |
Meat and poultry products are retailed online by FreshToHome. | 2015 | Bengaluru, Karnataka, India | USD 302 M | USD 4.9 M | 258 | |
Processor and retailer of meat products | 2016 | Chennai, Tamil Nadu, India | USD 9.73 M | USD 4.82 M | 132 |
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Frequently Asked Questions about Aqgromalin
Aqgromalin was founded in 2020.
Aqgromalin is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Prasanna Manogaran is the CEO of Aqgromalin, as recorded in our data. They have also founded this company.
Aqgromalin is a funded company, having raised a total of $6.26M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $270.9K, raised on Nov 2020.
Aqgromalin has 128 employees.
The primary company behind Aqgromalin, Aqgromalin Farmtech Services Private Limited, reported revenue of ₹75.93 Cr for FY 2022, up 8687% year on year.
Aqgromalin was founded in 2020 and is based in Chennai, India. Consulting, training, and cultivation services are offered to the farming sector, with a focus on animal husbandry and aquaculture. Input materials are supplied to farmers, ensuring delivery directly at the farm-gate to facilitate access to quality resources. Operations center on supporting agricultural practices in the region.
Aqgromalin's top competitors include O’RIGHT, Khetiox and CowFit Studio.
Aqgromalin has 37 investors. Key investors include Indigram Labs, Zephyr Management, Imediablitz Solutions, Siva Ramalingam, and Suchitra Narayanan.
The valuation of Aqgromalin is $22.77M as of Jun 2021.
Aqgromalin operates through Aqgromalin Farmtech Services Private Limited.
The legal entities of Aqgromalin currently have 2 directors, including Bharani Chedimala Lakshmi, Prasanna.
