About Credible India
Credible India is an Agriculture company based in Mumbai (India) founded in 2017 by Vikram Sarbajna. It operates as an AI-based farm analytics solutions are provided for agriculture. Credible India has raised $91.7 thousand across 2 funding rounds from investors including Concourse Consultancy Services, Gastrotope and Mala Narang Reddy. Credible India was last valued at $1.85 million in September 2020. Its Indian entity Credible Infotech Solutions Private Limited reported revenue of ₹88.8 Lakh. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Analytics and Diversified. Its competitors include The Climate, SatSure, Fyllo, Astro Digital and Fasal and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Credible was founded in 2017 and is based in Mumbai, India. Operations focus on the agriculture technology sector, where AI-enabled solutions are offered for crop monitoring and local market demand forecasting. Insights are generated through a combination of public and proprietary data to support agricultural decision-making. Various tools are developed to address farm analytics needs in the region.
- Headquarters Mumbai, India
- Founders Vikram Sarbajna
- Stage Minicorn
- SectorsAgriculture
- Website credible-india.com
- Social LinkedIn X
- Legal Name Credible Infotech Solutions Private Limited
- Date of Incorporation 10 Apr, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹88.8 Lakh
FY 2024 · +108% YoY
- Net Profit₹1.7 Lakh
FY 2024 · 2% margin
- EBITDA₹2.3 Lakh
FY 2024 · 3% margin
- Total Equity Funding$91.7K (USD)
in 2 rounds
- Latest Funding Round$91.7K (USD), Seed
Sep 2020
- InvestorsConcourse Consultancy Services
& 2 more
Associated legal entities of Credible India
Credible India operates through Credible Infotech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Credible Infotech Solutions Private Limited CIN U72900MH2019PTC323941 | Active | 10 Apr 2019 | Mumbai, Maharashtra | ₹0.9 Cr | – | 2 | View details |
Funding Insights of Credible India
Credible India has successfully raised a total of $91.7K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $91.7 thousand completed in September 2020. 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 $91,698
- Total Rounds 2
- Last Round Seed — $91,698
- Investors Count 3
All 2 funding rounds of Credible India 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 |
|---|---|---|---|---|---|
| Sep 2020 | $91,698 | Seed | $1.85M | Concourse Consultancy Services | |
| Jan 2019 | – | Seed | – | Gastrotope | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2020 | $1.85M | •••••••• |
Last known valuation $1.85M (Sep 2020). 3 investors in total: 2 institutional and 1 angel.
Investors in Credible India
Credible India has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Concourse Consultancy Services, Gastrotope and Mala Narang Reddy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Crop insurance, loss assessment, and agricultural monitoring services. | 2013 | concourse.co.in | Gurugram, India | |
Acceleration programs for food and agriculture sectors are offered. | 2017 | gastrotope.com | Delhi, India | |
MN Mala Narang Reddy | - | – | unknown_aa3fddc4588949629 | - |
Investor details for Credible India
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Credible Infotech Solutions Private Limited (Credible India)
Credible Infotech Solutions Private Limited is the primary company behind Credible India. The board of Credible Infotech Solutions Private Limited currently have 2 directors; the longest-serving is Vikram Sarbajna, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikram Sarbajna DIN 08418353 | Director | 10 Apr 2019 | 7 yrs 6 mo | Credible Infotech Solutions Private Limited |
| Nayana Suresh Mahajan DIN 07374902 | Director | 12 Aug 2024 | 2 yrs 2 mo | Credible Infotech Solutions Private Limited |
People of Credible India
1 people are tracked at Credible India (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Credible India
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Credible India
Figures of Credible Infotech Solutions Private Limited, the primary company behind Credible India, for FY 2024. Revenue was ₹88.8 Lakh (+108% year on year). Net profit was ₹1.7 Lakh (2% margin). EBITDA was ₹2.3 Lakh (3% margin). Revenue has grown at a compounded annual rate of +37% over three years.
- ₹88.8 LakhRevenue · FY 2024 · +108% YoY
- ₹1.7 LakhNet profit · 2% margin
- ₹2.3 LakhEBITDA · 3% margin
- ₹2.2 LakhPaid-up capital
- +37%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Credible Infotech Solutions Private Limited are on its company page.
Detailed financial statements for Credible India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Credible India
4 dated milestones of Credible India across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Credible India is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $92K.
- Milestone Reaches Minicorn status.
Competitors of Credible India
Credible India has 9 listed competitors in our database, 9 of them funded. They include The Climate, SatSure, Fyllo, Astro Digital and Fasal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| climate.com | 2006 | St. Louis, United States | $108.52M | 154 | Integrated platform providing hardware and software for farm and weather data analytics | |
| satsure.co | 2017 | Bengaluru, India | $27.65M | 141 | Geospatial data analytics are powered by AI for business insights. | |
| fyllo.in | 2019 | Bengaluru, India | $6.52M | 75 | Fyllo is engaged in providing agritech solutions for farmers. | |
| astrodigital.com | 2014 | Santa Clara, United States | $32.23M | 20 | Satellite imaging and image processing technology | |
| fasal.co | 2018 | Bengaluru, India | $19.44M | 171 | Crop data analytics solutions are provided for precision farming practices. | |
| kuvaspace.com | 2016 | Espoo, Finland | $22.4M | – | Hyperspectral imaging and AI solutions for farm monitoring are provided. | |
| digitalagricultureservices.com | 2017 | Melbourne, Australia | $3M | – | SaaS-based data-driven precision agricultural solutions for farmers | |
| fieldin.com | 2013 | Fresno, United States | $46M | – | Solution provider to increase efficiency & reduce losses in the harvesting of farm production | |
| itk.fr | 2003 | Clapiers, France | $12.36M | – | Developer of a software platform for farm data analytics and precision agriculture planning |
Detailed competitors of Credible India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Crop Tech & Equipment
10 companies that operate in the same segment as Credible India (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | – | 808 | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Frequently Asked Questions about Credible India
Credible India was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Credible India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Credible India is a funded company, having raised a total of $91.7K across 2 funding rounds to date.
The primary company behind Credible India, Credible Infotech Solutions Private Limited, reported revenue of ₹88.8 Lakh for FY 2024, up 108% year on year.
Credible was founded in 2017 and is based in Mumbai, India. Operations focus on the agriculture technology sector, where AI-enabled solutions are offered for crop monitoring and local market demand forecasting. Insights are generated through a combination of public and proprietary data to support agricultural decision-making. Various tools are developed to address farm analytics needs in the region.
Credible India's top competitors include Fyllo, Fasal and The Climate.
Credible India has 3 investors. Key investors include Concourse Consultancy Services, Gastrotope, and Mala Narang Reddy.
The valuation of Credible India is $1.85M as of Sep 2020.
Credible India operates through Credible Infotech Solutions Private Limited.
The legal entities of Credible India currently have 2 directors, including Vikram Sarbajna, Nayana Suresh Mahajan.