Aqgromalin

Chennai, India Founded: 2020 • Age: 6 yrs Minicorn
Provider of consulting, training and cultivation services to farming sector

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.

Key Metrics
  • 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

  • Investors
  • Employee Count
    128

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$60,736Seed––
–
Jun 2021$5.93MSeed$22.77MSurge
Nov 2020$270,900Angel Round$2.27MGopireddy Chandrakanth Reddy, Zephyr Management
Valuation history
DateValuationStage
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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors.
2016indigramlabs.orgDelhi, India
Acceleration is provided to startups across multiple sectors by Surge.
surgeahead.com
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
Agritech startups are funded by Omnivore, a venture capital entity.
omnivore.vcMumbai, India
Venture debt is provided to growth-stage companies for business scaling.
strideventures.globalDelhi, India
Investment advisory, equity financing, and portfolio management in emerging markets.
zmlp.comNew York, United States
Solutions are delivered by Imediablitz in Delhi, India.
Delhi, India

Siva Ramalingam

unknown_5f259594a1c84e57b

Suchitra Narayanan

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
unknown_c6f29a68a0e84f2c8

Prateek Rawat

unknown_557709e006024214b
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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.

DirectorDesignationAppointedTenureEntity
Bharani Chedimala Lakshmi
DIN 08910478
Director08 Oct 20206 yrsAqgromalin Farmtech Services Private Limited
Prasanna
DIN 08910479
Director08 Oct 20206 yrsAqgromalin Farmtech Services Private Limited

People of Aqgromalin

1 people are tracked at Aqgromalin (1 in leadership); the tracked headcount is 128.

NameRoleGroup
Prasanna Manogaran
Co-Founder & CEOLeadership
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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.

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Detailed financial statements for Aqgromalin

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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.

  1. Founded Aqgromalin is founded.
  2. Funding First funding round of $271K.
  3. Milestone Reaches Minicorn status.
  4. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
oright.io2019Gurugram, India$1.85M40
Provider of supply chain solutions for the dairy industry
khetiox.in2022Nagaon, India
Livestock farmers are connected with buyers through a marketplace platform.
cowfit.in2021Pune, India37
Manages an e-commerce store for diversified cow care products.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online app-based retailer for meat and poultry products
2016Chennai, Tamil Nadu, IndiaUSD 38.06 MUSD 15.99 M1,208
Meat and poultry products are retailed online by FreshToHome.
2015Bengaluru, Karnataka, IndiaUSD 302 MUSD 4.9 M258
Processor and retailer of meat products
2016Chennai, Tamil Nadu, IndiaUSD 9.73 MUSD 4.82 M132
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Related news about Aqgromalin

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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.

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