About Farmizen
Farmizen is a company based in Bengaluru (India) founded in 2017 by Shameek Chakravarty, Gitanjali Rajamani, and Sudaakeran Balasubramanian. Farmizen has raised $291.39 thousand across 1 funding round from investors including Venture Highway VC, Alok Mittal and Anuj Gupta. Farmizen offers products and services including Farmizen App and Salad Harvest Bundle. Farmizen operates in a competitive market with competitors including Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
- Headquarter Bengaluru, India
- Founders Shameek Chakravarty, Gitanjali Rajamani, Sudaakeran Balasubramanian
- Stage Minicorn
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Sectors
RetailAgriculture
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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 Farmizen Solutions Private Limited
- Date of Incorporation 29 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$557.1 K (USD)878.53as on Mar 31, 2019
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Net Profit
-$20.3 K (USD)75.98as on Mar 31, 2019
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EBITDA
-$15.04 K (USD)81.81as on Mar 31, 2019
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Total Equity Funding
$291.39 K (USD)
in 1 rounds
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Latest Funding Round
$291.39 K (USD), Seed
Aug 23, 2017
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Investors
Venture Highway VC
& 9 more
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Employee Count
Not available
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Products & Services of Farmizen
Farmizen offers a comprehensive portfolio of products and services, including Farmizen App and Salad Harvest Bundle.
Mobile app for ordering fresh organic produce from farmers
Collection of salad recipes using organic ingredients
People of Farmizen
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Funding Insights of Farmizen
Farmizen has successfully raised a total of $291.39K through 1 strategic funding round. The most recent funding activity was a Seed round of $291.39 thousand completed in August 2017. 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 Farmizen
Farmizen has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Highway VC, Alok Mittal and Anuj Gupta.
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Alok Mittal |
Co-founder of Indifi, angel investor, ex-Canaan Partners, startup mentor
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Anuj Gupta |
Angel investor and entrepreneur, co-founder of Pine Labs, fintech innovator
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Investor details for Farmizen
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Farmizen
Investment portfolio details for Farmizen
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- Transaction dates
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Financial Statements - Farmizen
Detailed financials for Farmizen
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Farmizen Comparisons
Peer comparison for Farmizen
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Competitors of Farmizen
Farmizen 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 Blinkit, Bigbasket, Swiggy, Dunzo and Otipy, among others.
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Instant delivery of groceries and essentials is facilitated online.
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Personal and household products are delivered via an e-commerce platform.
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Food and grocery items are ordered via an online network.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Grocery products are provided via an online digital storefront.
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Fresh produce and prepared meal kits are delivered online.
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Detailed competitors of Farmizen
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Latest news on Farmizen
Complete news archive for Farmizen
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Frequently Asked Questions about Farmizen
Farmizen was founded in 2017.
Farmizen is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shameek Chakravarty is the current CEO of Farmizen. They have also founded this company.
Farmizen is a funded company, having raised a total of $291.39K across 1 funding round to date.
Annual revenue of Farmizen is $557.1K as on Mar 31, 2019.
Farmizen was founded in 2017 in Bengaluru, India, operating in the agritech sector. Direct-to-consumer delivery of organic produce from local farmers is facilitated via an app and website. Orders are processed to ensure freshness upon receipt, with a shortened supply chain model employed. Sustainable farming practices are adopted, and transparency in food origins is maintained for traceability.
Farmizen offers Farmizen App and Salad Harvest Bundle.
Farmizen has 10 investors. Key investors include Venture Highway VC, Alok Mittal, Anuj Gupta, Mohit Agarwal, and Manikandan Sundaram.
The valuation of Farmizen is $1.62M as of Aug 2017.