About Areete
Areete is a company based in Pune (India) founded in 2021 by V S Shridhar and Sirinivas Subramanian. Areete has raised $1.11 million across 2 funding rounds from investors including Angel List, Indigram Labs and Scitech Park. The company has 27 employees as of April 04, 2024. Areete offers products and services including Ayushman Cowfit and Cowfit Studio. Areete operates in a competitive market with competitors including Cattle Eye, LiveCare, Agricam, ProTag and Dropnostix, among others.
- Headquarter Pune, India
- Employees 27 as on 04 Apr, 2024
- Founders V S Shridhar, Sirinivas Subramanian
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Areete Business Solutions Private Limited
- Date of Incorporation 22 Jul, 2021
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$29.17 K (USD)3276.45as on Mar 31, 2023
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Net Profit
-$120.39 K (USD)-83.34as on Mar 31, 2023
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EBITDA
-$95.56 K (USD)-51.09as on Mar 31, 2023
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Total Equity Funding
$1.11 M (USD)
in 2 rounds
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Latest Funding Round
$1.04 M (USD), Seed
Mar 31, 2023
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Investors
Angel List
& 17 more
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Employee Count
27
as on Apr 04, 2024
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Products & Services of Areete
Areete offers a comprehensive portfolio of products and services, including Ayushman Cowfit and Cowfit Studio.
AI device for tracking cattle health and optimizing fertility.
Online hub for dairy products and cattle safety items.
People of Areete
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Funding Insights of Areete
Areete has successfully raised a total of $1.11M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.04 million completed in March 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.
Investors in Areete
Areete has secured backing from 18 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Angel List, Indigram Labs and Scitech Park.
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Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors.
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Promotion of science, technology, entrepreneurship, and skill development in Pune.
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Alternative investment platform for startups and investors is operated.
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Investor details for Areete
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Investments & Acquisitions by Areete
Investment portfolio details for Areete
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Financial Statements - Areete
Detailed financials for Areete
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Areete Comparisons
Peer comparison for Areete
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Competitors of Areete
Areete 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 Cattle Eye, LiveCare, Agricam, ProTag and Dropnostix, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Livestock monitoring solutions are provided via autonomous video analytics.
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Integrated platform for real-time monitoring of livestock animals and data analytics
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Real time livestock health monitoring hardware and software solutions
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Developer of smart ear tags for pasture management, and cow health monitoring
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Cloud and sensor-based health monitoring is provided for dairy farmers.
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Detailed competitors of Areete
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Latest news on Areete
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Frequently Asked Questions about Areete
Areete was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Areete is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Areete is a funded company, having raised a total of $1.11M across 2 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Areete is 27.
Annual revenue of Areete is $29.17K as on Mar 31, 2023.
Areete was founded in 2021 in Pune, India, within the agritech sector focused on dairy farming. An AI and IoT platform is operated to monitor cattle health and enhance livestock management. Predictive and prescriptive analytics are delivered for herd health, milk yield, and farm productivity. Early detection of health issues is facilitated, alongside optimizations for feeding, breeding, and data-driven decisions to support farm operations.
Areete's top competitors include Cattle Eye, Agricam and LiveCare.
Areete offers Ayushman Cowfit and Cowfit Studio.
Areete has 18 investors. Key investors include Angel List, Indigram Labs, Scitech Park, Varadaraj Subramaniam, and Vadhavkar Avoirs.