About Cornext
Cornext is a company based in Hyderabad (India) founded in 2015 by Mohammed Feroz Ahmed, Feroz Ahmed, Madhav Kshatriya, and Amarnath Sarangula. Cornext has raised $3.03 million across 8 funding rounds from investors including Startup India, Omnivore and Prashanth Kumar Panuganti. The company has 31 employees as of February 04, 2025. Cornext offers products and services including Mini Silage Baler MSB500 AT Pro, Corn Silage Bales, and Single Row Maize Harvester.
- Headquarter Hyderabad, India
- Employees 31 as on 04 Feb, 2025
- Founders Mohammed Feroz Ahmed, Feroz Ahmed, Madhav Kshatriya, Amarnath Sarangula
- Stage Minicorn
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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 Cornext Agri Products Private Limited
- Date of Incorporation 21 Jul, 2015
- Jurisdiction Guntur, Andhra Pradesh, India
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Annual Revenue
$3.21 M (USD)19.44as on Mar 31, 2024
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Net Profit
$13.49 K (USD)22.26as on Mar 31, 2024
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EBITDA
$177.67 K (USD)1.32as on Mar 31, 2024
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Total Equity Funding
$3.03 M (USD)
in 8 rounds
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Latest Funding Round
$2.2 M (USD), Seed
May 07, 2024
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Investors
Startup India
& 13 more
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Employee Count
31
as on Feb 04, 2025
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Products & Services of Cornext
Cornext offers a comprehensive portfolio of products and services, including Mini Silage Baler MSB500 AT Pro, Corn Silage Bales, and Single Row Maize Harvester.
Machine for baling silage to preserve fodder for dairy farms.
Nutritious preserved fodder available year-round for livestock nutrition.
Device for efficient maize harvesting with low maintenance and high performance.
Funding Insights of Cornext
Cornext has successfully raised a total of $3.03M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in May 2024. 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 Cornext
Cornext has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Startup India, Omnivore and Prashanth Kumar Panuganti.
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Agritech startups are funded by Omnivore, a venture capital entity.
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Recognition, funding, and resources are provided to Indian startups.
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Investor details for Cornext
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Investments & Acquisitions by Cornext
Investment portfolio details for Cornext
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Financial Statements - Cornext
Detailed financials for Cornext
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Cornext Comparisons
Peer comparison for Cornext
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Competitors of Cornext
Detailed competitors of Cornext
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Latest news on Cornext
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Frequently Asked Questions about Cornext
Cornext was founded in 2015.
Cornext is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Madhav Kshatriya is the current CEO of Cornext. They have also founded this company.
Cornext is a funded company, having raised a total of $3.03M across 8 funding rounds to date.
As of Feb 04, 2025, the latest employee count at Cornext is 31.
Annual revenue of Cornext is $3.21M as on Mar 31, 2024.
Cornext was founded in 2015 as an Agri-Tech company in Hyderabad, India. Silage balers are produced by the firm for agricultural applications. Operations focus on manufacturing equipment tailored to farming needs in the region. The company is directed by a team of co-founders, including Madhav Kshatriya as CEO. Activities are centered in the Indian market, supporting local agricultural practices through specialized machinery.
Cornext offers Mini Silage Baler MSB500 AT Pro, Corn Silage Bales, and Single Row Maize Harvester.
Cornext has 14 investors. Key investors include Startup India, Omnivore, Prashanth Kumar Panuganti, Manikanta Nutakki, and Nutcap.
The valuation of Cornext is $5.86M as of Sep 2020.