About Barrix Agro Sciences
Barrix Agro Sciences is a company based in Bengaluru (India) founded in 2011 by Manasa Swetha Lokesh Makam and Mayil Vaganan Dorai was acquired by Sumitomo Chemical India in September 2023.. Barrix Agro Sciences has raised $3.65 million across 3 funding rounds from investors including Sumitomo Chemical India, Retigence and Omnivore. The company has 232 employees as of March 29, 2024. Barrix Agro Sciences operates in a competitive market with competitors including Provivi, BioPhero, Pheronym, PheroSyn and ATGC Biotech, among others.
- Headquarter Bengaluru, India
- Employees 232 as on 29 Mar, 2024
- Founders Manasa Swetha Lokesh Makam, Mayil Vaganan Dorai
- Stage Minicorn
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Sectors
Chemicals & MaterialsAgriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Barrix Agro Sciences Private Limited
- Date of Incorporation 07 Feb, 2011
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$4.65 M (USD)45.3as on Mar 31, 2023
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Net Profit
$511.99 K (USD)3.42as on Mar 31, 2023
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EBITDA
$662.89 K (USD)11as on Mar 31, 2023
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Total Equity Funding
$3.65 M (USD)
in 3 rounds
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Latest Funding Round
$221.77 K (USD), Series A
Oct 17, 2018
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Investors
Sumitomo Chemical India
& 3 more
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Employee Count
232
as on Mar 29, 2024
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Acquired by
Sumitomo Chemical India
(Sep 01, 2023)
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Manager Team
1 people
State Team
1 people
Finance and Accounting
1 people
Leadership Team
1 people
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Funding Insights of Barrix Agro Sciences
Barrix Agro Sciences has successfully raised a total of $3.65M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $221.77 thousand completed in October 2018. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $221,770
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First Round
First Round
(14 Jun 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Series A - Barrix Agro Sciences | Valuation | Retigence |
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| Mar, 2015 | Amount | Series A - Barrix Agro Sciences | Valuation | Omnivore |
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| Jun, 2013 | Amount | Seed - Barrix Agro Sciences | Valuation | Omnivore |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Barrix Agro Sciences
Barrix Agro Sciences has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Sumitomo Chemical India, Retigence and Omnivore. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Agritech startups are funded by Omnivore, a venture capital entity.
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Founded Year | Domain | Location | |
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Early-stage tech startups are supported via venture capital and acceleration.
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Founded Year | Domain | Location | |
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Cloud-based demand forecasting analytics are delivered to retailers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Barrix Agro Sciences
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Barrix Agro Sciences
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Barrix Agro Sciences Comparisons
Competitors of Barrix Agro Sciences
Barrix Agro Sciences 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 Provivi, BioPhero, Pheronym, PheroSyn and ATGC Biotech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of biocatalyst and fermentation technology for pest control
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| domain | founded_year | HQ Location |
Insect pheromones for pest management are produced and supplied.
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| domain | founded_year | HQ Location |
Developer of nematode pheromone-based crop protection products
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| domain | founded_year | HQ Location |
Provider of pheromone-based integrated pest management solution
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| domain | founded_year | HQ Location |
Pest control management services are provided to various customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Barrix Agro Sciences
Frequently Asked Questions about Barrix Agro Sciences
When was Barrix Agro Sciences founded?
Barrix Agro Sciences was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Barrix Agro Sciences located?
Barrix Agro Sciences is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Barrix Agro Sciences a funded company?
Barrix Agro Sciences is a funded company, having raised a total of $3.65M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.32M, raised on Jun 14, 2013.
How many employees does Barrix Agro Sciences have?
As of Mar 29, 2024, the latest employee count at Barrix Agro Sciences is 232.
What is the annual revenue of Barrix Agro Sciences?
Annual revenue of Barrix Agro Sciences is $4.65M as on Mar 31, 2023.
What does Barrix Agro Sciences do?
The company was founded in 2011 in Bengaluru, India, and operates in the agricultural sector. Pheromone traps targeting pests such as fruit flies, houseflies, and pink bollworms are produced for crop protection in farming and urban environments. Plant nutrients aimed at enhancing crop health and yield are also offered. Products are supplied individually or in complete trap and lure kits through the domain barrix.in.
Who are the top competitors of Barrix Agro Sciences?
Who are Barrix Agro Sciences's investors?
Barrix Agro Sciences has 4 investors. Key investors include Sumitomo Chemical India, Retigence, Omnivore, and IIMA Ventures.
What is Barrix Agro Sciences's valuation?
The valuation of Barrix Agro Sciences is $5.92M as of Oct 2018.
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