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
-
Sectors
AgricultureTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lennon Agritech Private Limited
- Date of Incorporation 21 Mar, 2016
- Jurisdiction Gurugram, Haryana, India
-
Annual Revenue
$0 (USD)-100as on Mar 31, 2022
-
Net Profit
$-67.05 K (USD)-117.67as on Mar 31, 2022
-
EBITDA
$-82.98 K (USD)-185.17as on Mar 31, 2022
-
Total Equity Funding
$1.86 M (USD)
in 6 rounds
-
Latest Funding Round
$47.39 K (USD), Angel Round
Dec 30, 2020
-
Investors
DeHaat
& 21 more
-
Employee Count
37
as on Mar 29, 2024
-
Acquired by
DeHaat
(Feb 22, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Angel Round — $47,389
-
First Round
First Round
(02 Jun 2016)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Angel Round - Farmguide | Valuation | Shantanu Jain |
|
| May, 2019 | Amount | Angel Round - Farmguide | Valuation |
investors |
|
| Jul, 2018 | Amount | Grant - Farmguide | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Promotion of innovation and digital services in Maharashtra.
|
Founded Year | Domain | Location | |
|
Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors.
|
Founded Year | Domain | Location | |
|
Supplies fertilizers and pesticides products for agricultural needs.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Farmguide
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Farmguide
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farmguide Comparisons
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. 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 |
Farmers and retailers are connected through an app-based platform.
|
|
| domain | founded_year | HQ Location |
Farm activity management software is developed for mapping and tracking.
|
|
| domain | founded_year | HQ Location |
Operates as a platform for agricultural data insights and forecasting.
|
|
| domain | founded_year | HQ Location |
Digital multi-platform apps are developed to connect with farmers.
|
|
| domain | founded_year | HQ Location |
Agricultural machinery data is collected and interpreted in real time.
|
|
| domain | founded_year | HQ Location |
Farm mapping and soil data are managed via specialized software.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Farmguide
Frequently Asked Questions about Farmguide
When was Farmguide founded?
Farmguide was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Farmguide located?
Farmguide is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Farmguide a funded company?
Farmguide is a funded company, having raised a total of $1.86M across 6 funding rounds to date.
How many employees does Farmguide have?
As of Mar 29, 2024, the latest employee count at Farmguide is 37.
What does Farmguide do?
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.
Who are the top competitors of Farmguide?
Who are Farmguide's investors?
Farmguide has 22 investors. Key investors include DeHaat, Indigram Labs, Prasad Seeds, Maharashtra State Innovation Society, and Radiant Haroti.
What is Farmguide's valuation?
The valuation of Farmguide is $10.92M as of Dec 2020.