Farmkart

Indore, India Founded: 2017 • Age: 9 yrs
An app-based platform for farming products and services is operated.
Annual revenue $2.0M Latest available
Total funding $2.3M 2 rounds
Employees 62 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Farmkart

Farmkart is a company based in Indore (India) founded in 2017 by Atul Patidar. Farmkart has raised $2.35 million across 2 funding rounds from investors including Startup Grind. The company has 62 employees as of April 02, 2024. Farmkart offers products and services including E-commerce Platform, UIC Membership, Farmkart Delivery, and Agri-Nidan. Farmkart operates in a competitive market with competitors including BigHaat, FarMart, Jumbotail, ShopKirana and Poshn, among others.

  • Headquarter Indore, India
  • Employees 62 as on 02 Apr, 2024
  • Founders Atul Patidar
  • Sectors
    Agriculture
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Farmkart Online Services Private Limited
  • Date of Incorporation 23 May, 2017
  • Jurisdiction Rau, Madhya Pradesh, India
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2 M (USD)
    -24.14
    as on Mar 31, 2023
  • Net Profit
    -$195.23 K (USD)
    -9.95
    as on Mar 31, 2023
  • EBITDA
    -$316.4 K (USD)
    -88.89
    as on Mar 31, 2023
  • Total Equity Funding
    $2.35 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    62

    as on Apr 02, 2024

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Products & Services of Farmkart

Farmkart offers a comprehensive portfolio of products and services, including E-commerce Platform, UIC Membership, Farmkart Delivery, and Agri-Nidan.

Product name locked
Category locked
Primary

Platform for purchasing agricultural products and services.

Product name locked
Category locked
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AI tool providing personalized farming advice and recommendations.

Product name locked
Category locked
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In-house service for fast delivery of agri inputs to farmers.

Product name locked
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App and consulting for tailored crop management and insights.

Funding Insights of Farmkart

Farmkart has successfully raised a total of $2.35M across 2 strategic funding rounds. 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 Farmkart

Farmkart has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Startup Grind.

All
Institutional
Investor Description Founded Year Domain Location
Networking events for startups and entrepreneurs are hosted globally.
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Investor details for Farmkart

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Investments & Acquisitions by Farmkart

Investments
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Investment portfolio details for Farmkart

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Financial Statements - Farmkart

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Detailed financials for Farmkart

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Farmkart Comparisons

Farmkart Primary company
Description
An app-based platform for farming products and services is o...
Location
Indore, India
Founded Year
2017
Annual Revenue
$2 M (USD)
Net Profit
-$195.23 K (USD)
EBITDA
-$316.4 K (USD)
Employees
62
As of 2024
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Peer comparison for Farmkart

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Competitors of Farmkart

Farmkart 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 BigHaat, FarMart, Jumbotail, ShopKirana and Poshn, among others.

Company Name Domain Founded year HQ Location Description
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Quality agri-inputs and information are delivered through an e-commerce platform.
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SaaS-based B2B solutions for food supply chains are provided.
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B2B marketplace platform connecting retailers with brands and staples producers
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Provider of B2B procurement platform for grocery retailers
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Provider of suite of services for businesses
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A platform for agri input retailers and suppliers in India.
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Detailed competitors of Farmkart

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Latest news on Farmkart

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Complete news archive for Farmkart

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Frequently Asked Questions about Farmkart

Farmkart was founded in 2017.

Farmkart is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.

Atul Patidar is the current CEO of Farmkart. They have also founded this company.

Farmkart is a funded company, having raised a total of $2.35M across 2 funding rounds to date.

As of Apr 02, 2024, the latest employee count at Farmkart is 62.

Annual revenue of Farmkart is $2M as on Mar 31, 2023.

Farmkart was founded in 2017 in Indore, India, within the agriculture sector. An app-based platform is offered to connect farmers with agricultural inputs such as seeds, fertilizers, pesticides, and farm machinery. Consulting services are provided for custom solutions in farming techniques and practices. The mobile application is accessible on both iOS and Android platforms, supporting operations primarily in India.

Farmkart's top competitors include FarMart, Jumbotail and Poshn.

Farmkart offers E-commerce Platform, UIC Membership, Farmkart Delivery, and Agri-Nidan.

Farmkart has 1 investor. Key investors include Startup Grind.

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