About Farmpal
Farmpal is an Agriculture company based in Pune (India) by Niraj Bora, Karansaheb Dnyandev Hon, Puneet Brijmohan Sethi, and Zhengrong Shi. It delivers a technology-driven platform connecting farmers directly with businesses for comprehensive solutions. It operates on a B2B model. Its Indian entity Farmpal Techlogi Private Limited reported revenue of ₹5.51 Cr. Its focus areas include AgTech, Farming Platforms and B2B Connections. Similar companies include WayCool, FarMart and Ninjacart; 3 of its 3 listed similar companies have raised funding.
Company details
Farmpal, based in Pune, focuses on engaging in agricultural activities, developing agricultural technology, farming platforms, and b2b connections. Delivers a technology-driven platform connecting farmers directly with businesses for comprehensive solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Pune, India
- Founders Niraj Bora, Karansaheb Dnyandev Hon, Puneet Brijmohan Sethi, Zhengrong Shi
- SectorsAgriculture
- Website farmpal.co.in
- Social Facebook
- Legal Name Farmpal Techlogi Private Limited
- Date of Incorporation 16 Oct, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹5.51 Cr
FY 2020 · +234% YoY
- Net Loss-₹1.56 Cr
FY 2020 · -28% margin
- EBITDA-₹1.54 Cr
FY 2020 · -28% margin
Associated legal entities of Farmpal
Farmpal operates through Farmpal Techlogi Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Farmpal Techlogi Private Limited CIN U72500PN2017PTC173021 | Active | 16 Oct 2017 | Pune, Maharashtra | ₹5.5 Cr | 57 | 2 | View details |
Board of directors of Farmpal Techlogi Private Limited (Farmpal)
Farmpal Techlogi Private Limited is the primary company behind Farmpal. The board of Farmpal Techlogi Private Limited currently have 2 directors; the longest-serving is Karansaheb Dnyandev Hon, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karansaheb Dnyandev Hon DIN 07926128 | Director | 16 Oct 2017 | 9 yrs | Farmpal Techlogi Private Limited |
| Niraj Mahendra Bora DIN 06684678 | Director | 03 Jan 2019 | 7 yrs 10 mo | Farmpal Techlogi Private Limited |
People of Farmpal
4 people are tracked at Farmpal (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Zhengrong Shi | Founder | Leadership |
Complete people profiles for Farmpal
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Financials of Farmpal
Figures of Farmpal Techlogi Private Limited, the primary company behind Farmpal, for FY 2020. Revenue was ₹5.51 Cr (+234% year on year). Net loss was -₹1.56 Cr (-28% margin). EBITDA was -₹1.54 Cr (-28% margin).
- ₹5.51 CrRevenue · FY 2020 · +234% YoY
- -₹1.56 CrNet loss · -28% margin
- -₹1.54 CrEBITDA · -28% margin
- ₹6 LakhPaid-up capital
- 57Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Farmpal Techlogi Private Limited are on its company page.
Detailed financial statements for Farmpal
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Similar companies to Farmpal
Farmpal has 3 listed similar companies in our database, 3 of them funded. They include WayCool, FarMart and Ninjacart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| waycool.in | 2015 | Chennai, India | $365.53M | 164 | Provider of food supply chain management and farming solutions. | |
| farmart.co | 2015 | Gurugram, India | $51.11M | 296 | SaaS-based B2B solutions for food supply chains are provided. | |
| ninjacart.com | 2015 | Bengaluru, India | $507.77M | 1,103 | B2B platform offering vegetables and fruits |
Detailed similar companies of Farmpal
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Top companies in Digital Agriculture Platforms
3 companies that operate in the same segment as Farmpal (Digital Agriculture Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers a mobile app for renting farming equipment to support agricultural operations. | 2016 | Mumbai, Maharashtra, India | USD 913.79 | 1 | ||
Offers an app-based platform providing advisory services to farmers. | 2020 | Mumbai, Maharashtra, India | USD 23.61 B | 20,869 | ||
Software company providing app development and digital transformation services. | 2000 | Bhubaneswar, Odisha, India | USD 99.29 K |
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Related news about Farmpal
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Frequently Asked Questions about Farmpal
Farmpal is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Farmpal, Farmpal Techlogi Private Limited, reported revenue of ₹5.51 Cr for FY 2020, up 234% year on year.
Farmpal, based in Pune, focuses on engaging in agricultural activities, developing agricultural technology, farming platforms, and b2b connections. Delivers a technology-driven platform connecting farmers directly with businesses for comprehensive solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Farmpal operates through Farmpal Techlogi Private Limited.
The legal entities of Farmpal currently have 2 directors, including Karansaheb Dnyandev Hon, Niraj Mahendra Bora.