FarmTheory

Bengaluru, India Founded: 2019 • Age: 7 yrs
Platform for procuring fruits and vegetables directly from farmers
Annual revenue $2.6M Latest available
Total funding $2.0M 4 rounds
Employees 24 Tracked headcount
Investors 15 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About FarmTheory

FarmTheory is a company based in Bengaluru (India) founded in 2019 by Arpit Agarwal and Sakshi Agarwal. FarmTheory has raised $1.96 million across 4 funding rounds from investors including Angel List, Merak Ventures and Sourav Gupta. The company has 24 employees as of December 31, 2024. FarmTheory operates in a competitive market with competitors including WayCool, FarMart, Ninjacart, Vegrow and Poshn, among others.

  • Headquarter Bengaluru, India
  • Employees 24 as on 31 Dec, 2024
  • Founders Arpit Agarwal, Sakshi Agarwal
  • Stage Minicorn
  • Sectors
    Retail
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.58 M (USD)
    8
    as on Mar 31, 2024
  • Net Profit
    -$169.51 K (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $1.96 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.45 M (USD), Seed

    Feb 27, 2024

  • Investors
    Angel List

    & 14 more

  • Employee Count
    24

    as on Dec 31, 2024

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People of FarmTheory

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Arpit Agarwal
CEO
People
Rahul Agarwal
Business Finance Lead

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Teams

Funding Insights of FarmTheory

FarmTheory has successfully raised a total of $1.96M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.45 million completed in February 2024. 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 FarmTheory

FarmTheory has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Merak Ventures and Sourav Gupta.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage venture capital investments in B2B and emerging technologies, centered in India.
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Early-stage startups are accelerated via funding and educational programs.
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Alternative investment platform for startups and investors is operated.
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Investor details for FarmTheory

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by FarmTheory

Investments
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Investment portfolio details for FarmTheory

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  • Transaction dates
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Financial Statements - FarmTheory

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Detailed financials for FarmTheory

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  • Profit trends
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Farmtheory Comparisons

FarmTheory Primary company
Description
Platform for procuring fruits and vegetables directly from f...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$2.58 M (USD)
Net Profit
-$169.51 K (USD)
EBITDA
Not available
Employees
24
As of 2024
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Peer comparison for FarmTheory

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Competitors of FarmTheory

FarmTheory 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 WayCool, FarMart, Ninjacart, Vegrow and Poshn, among others.

Company Name Domain Founded year HQ Location Description
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Provider of food supply chain management and farming solutions.
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SaaS-based B2B solutions for food supply chains are provided.
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B2B platform offering vegetables and fruits
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Online B2B marketplace that connects farmers with businesses to supply fresh produce
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Provider of suite of services for businesses
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Farm products are traded via an online B2B marketplace.
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Detailed competitors of FarmTheory

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Latest news on Farmtheory

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Complete news archive for FarmTheory

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about FarmTheory

FarmTheory was founded in 2019 and raised its 1st funding round 1 year after it was founded.

FarmTheory is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

FarmTheory is a funded company, having raised a total of $1.96M across 4 funding rounds to date.

As of Dec 31, 2024, the latest employee count at FarmTheory is 24.

Annual revenue of FarmTheory is $2.58M as on Mar 31, 2024.

FarmTheory was founded in 2019 in Bengaluru, India, operating in the agri-tech sector. A platform is provided for procuring fruits and vegetables from nearby farms. These are delivered to restaurants and other commercial kitchens, facilitating direct connections between farmers and buyers. Operations focus on local sourcing to support efficient supply chains in the region.

FarmTheory's top competitors include FarMart, WayCool and Ninjacart.

FarmTheory has 15 investors. Key investors include Angel List, Merak Ventures, Sourav Gupta, Takashi Kidosan, and Ghanshyam Goel.

The valuation of FarmTheory is $1.18M as of Dec 2022.

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