Driptech India

Pune, India Founded: 2008 • Age: 18 yrs
Cost-effective drip irrigation systems and solutions are provided.
Annual revenue $1.6M Latest available
Total funding $8.7M 5 rounds
Employees 60 Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Driptech India

Driptech India is a company based in Pune (India) founded in 2008. Driptech India has raised $8.72 million across 5 funding rounds from investors including Westlake Chemical, Khosla Impact and LGT. The company has 60 employees as of April 02, 2024. Driptech India offers products and services including Laser Drip, Laser Spray, Drip Irrigation Kits, and DT-Flexi Pipe. Driptech India operates in a competitive market with competitors including HydroPoint, CropIn, Conservis, Netafim and Green Labs, among others.

  • Headquarter Pune, India
  • Employees 60 as on 02 Apr, 2024
  • Sectors
    Environment
    Agriculture
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  • Legal Name Driptech India Private Limited
  • Date of Incorporation 21 Aug, 2012
  • Jurisdiction Jalgaon, Maharashtra, India
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.63 M (USD)
    -6.9
    as on Mar 31, 2023
  • Net Profit
    -$72.56 K (USD)
    -52752.2
    as on Mar 31, 2023
  • EBITDA
    -$26.37 K (USD)
    -157.84
    as on Mar 31, 2023
  • Total Equity Funding
    $8.72 M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.68 M (USD), Series A

    Oct 07, 2013

  • Investors
  • Employee Count
    60

    as on Apr 02, 2024

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Products & Services of Driptech India

Driptech India offers a comprehensive portfolio of products and services, including Laser Drip, Laser Spray, Drip Irrigation Kits, and DT-Flexi Pipe.

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Revolutionary technology for economical water delivery in fields.

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Low-pressure alternative to traditional sprinklers for field irrigation.

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Complete kits for small farmers to enable easy drip setup.

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Innovative pipe for efficient water conveyance in drip systems.

Funding Insights of Driptech India

Driptech India has successfully raised a total of $8.72M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.68 million completed in October 2013. 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 Driptech India

Driptech India has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Westlake Chemical, Khosla Impact and LGT.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage impact investments are made primarily in India.
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Impact ventures are funded globally by LGT across key sectors.
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Petrochemicals, plastics, and building products are manufactured worldwide.
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Investor details for Driptech India

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Investments & Acquisitions by Driptech India

Investments
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Investment portfolio details for Driptech India

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Financial Statements - Driptech India

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Detailed financials for Driptech India

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Driptech India Comparisons

Driptech India Primary company
Description
Cost-effective drip irrigation systems and solutions are pro...
Location
Pune, India
Founded Year
2008
Annual Revenue
$1.63 M (USD)
Net Profit
-$72.56 K (USD)
EBITDA
-$26.37 K (USD)
Employees
60
As of 2024
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Peer comparison for Driptech India

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Competitors of Driptech India

Driptech India 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 HydroPoint, CropIn, Conservis, Netafim and Green Labs, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart water management solutions
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Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
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Cloud-based farm management solutions are developed and offered.
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Drip irrigation components are manufactured and precision solutions are developed.
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AI-powered cloud-based farm management system is offered for crop optimization.
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Meats are retailed online and farm management solutions are provided.
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Detailed competitors of Driptech India

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Latest news on Driptech India

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Frequently Asked Questions about Driptech India

Driptech India was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Driptech India is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Goutam Kumar Das is the current CEO of Driptech India.

Driptech India is a funded company, having raised a total of $8.72M across 5 funding rounds to date.

As of Apr 02, 2024, the latest employee count at Driptech India is 60.

Annual revenue of Driptech India is $1.63M as on Mar 31, 2023.

Provider of cost-effective drip irrigation systems and solutions. It offers a complete range of micro-irrigation products, including dripper-less drip systems, laser spray technology, flexible pipes, and various drip irrigation kits. The company also provides accessories, fittings, pipes, and solar pumping solutions. Its products are designed to be user-friendly and require minimal maintenance, addressing common barriers to drip irrigation adoption. The focus is on delivering innovative technology to improve water efficiency and crop yields.

Driptech India's top competitors include CropIn, HydroPoint and Solinftec.

Driptech India offers Laser Drip, Laser Spray, Drip Irrigation Kits, and DT-Flexi Pipe.

Driptech India has 3 investors. Key investors include Westlake Chemical, Khosla Impact, and LGT.

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