About Farmguide
Farmguide is a company based in Gurugram (India) founded in 2014 by Monika Toshniwal was acquired by DeHaat in February 2021. Farmguide has raised $1.86 million across 6 funding rounds from investors including DeHaat, Indigram Labs and Prasad Seeds. The company has 37 employees as of March 29, 2024. Farmguide operates in a competitive market with competitors including Krishify, Farm Dog, Gro Intelligence, Esoko and Farmobile, among others.
- Headquarter Gurugram, India
- Employees 37 as on 29 Mar, 2024
- Founders Monika Toshniwal
- Stage Minicorn
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Sectors
AgricultureTechnology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Lennon Agritech Private Limited
- Date of Incorporation 21 Mar, 2016
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
Not available
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Net Profit
-$67.05 K (USD)-117.67as on Mar 31, 2022
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EBITDA
-$82.98 K (USD)-185.17as on Mar 31, 2022
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Total Equity Funding
$1.86 M (USD)
in 6 rounds
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Latest Funding Round
$47.39 K (USD), Angel Round
Dec 30, 2020
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Investors
DeHaat
& 21 more
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Employee Count
37
as on Mar 29, 2024
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Acquired by
DeHaat
(Feb 22, 2021)
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Funding Insights of Farmguide
Farmguide has successfully raised a total of $1.86M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $47.39 thousand completed in December 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.
Investors in Farmguide
Farmguide has secured backing from 22 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include DeHaat, Indigram Labs and Prasad Seeds.
| Investor | Description | Founded Year | Domain | Location |
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Promotion of innovation and digital services in Maharashtra.
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Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors.
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Supplies fertilizers and pesticides products for agricultural needs.
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Investor details for Farmguide
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Investments & Acquisitions by Farmguide
Investment portfolio details for Farmguide
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Financial Statements - Farmguide
Detailed financials for Farmguide
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Farmguide Comparisons
Peer comparison for Farmguide
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Competitors of Farmguide
Farmguide 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 Krishify, Farm Dog, Gro Intelligence, Esoko and Farmobile, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Farmers and retailers are connected through an app-based platform.
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Farm activity management software is developed for mapping and tracking.
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Operates as a platform for agricultural data insights and forecasting.
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Digital multi-platform apps are developed to connect with farmers.
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Agricultural machinery data is collected and interpreted in real time.
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Farm mapping and soil data are managed via specialized software.
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Detailed competitors of Farmguide
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Latest news on Farmguide
Complete news archive for Farmguide
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Frequently Asked Questions about Farmguide
Farmguide was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Farmguide is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Farmguide is a funded company, having raised a total of $1.86M across 6 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Farmguide is 37.
Farmguide was founded in 2014 in Gurugram, India, within the agritech sector. Cloud-based software is offered for farm management, integrating stakeholders including government entities, seed and fertilizer suppliers, machinery providers, and financial institutions on a digital platform. Guidance is provided through digital information for the formation, implementation, marketing, monitoring, and assessment of agricultural policies. Data-driven insights into markets are enabled for these stakeholders.
Farmguide has 22 investors. Key investors include DeHaat, Indigram Labs, Prasad Seeds, Maharashtra State Innovation Society, and Radiant Haroti.
The valuation of Farmguide is $10.92M as of Dec 2020.