Fasal

Bengaluru, India Founded: 2018 • Age: 8 yrs Minicorn
Crop data analytics solutions are provided for precision farming practices.

About Fasal

Fasal is a Technology company based in Bengaluru (India) founded in 2018 by Shailendra Tiwari and Ananda Prakash Verma. Crop data analytics solutions are provided for precision farming practices. It operates in the Technology and Agriculture sectors. Fasal has raised $19.44 million across 8 funding rounds from investors including Animoca Brands, Antares Capital and Genting Group. The company has 175 employees. Fasal was last valued at $15.1 million in February 2023. Its chief executive, as recorded, is Shailendra Tiwari. Its website fasal.co draws about 13 thousand monthly visits. Its Indian entity Wolkus Technology Solutions Private Limited reported revenue of β‚Ή35.51 Cr. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Analytics and Diversified. Its competitors include SatSure and Fyllo; 2 of its 2 listed competitors have raised funding.

Company details

Fasal was founded in 2018 and is headquartered in Bengaluru, India. Operations focus on the agritech sector, where real-time data and insights are delivered to farmers through sensor-based monitoring of soil and weather conditions. Precision farming practices are supported via these analytics tools, enabling informed decision-making in crop management across agricultural operations.

Key Metrics
  • Annual Revenue
    ₹35.51 Cr

    FY 2024 · +89% YoY

  • Net Loss
    -₹34.03 Cr

    FY 2024 · -96% margin

  • EBITDA
    -₹32.52 Cr

    FY 2024 · -92% margin

  • Total Equity Funding
    $19.44M (USD)

    in 8 rounds

  • Investors
  • Employee Count
    175

Funding Insights of Fasal

Fasal has successfully raised a total of $19.44M across 8 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.

  • Total Funding $19.44M
  • Total Rounds 8
  • First Round $120,000

    (Apr 2018)

  • Investors Count 28

All 8 funding rounds of Fasal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2024Series A––
Feb 2023$12.01MSeries A$15.1MTDK Ventures, British International Investment
Dec 2022$982,214Seed$14.17MOmnivore
–
Aug 2021$4MSeed$β€’β€’β€’β€’β€’3one4 Capital, The Yield Lab Asia Pacific
Jan 2021$25,000Grant––
May 2020$116,265Seed$β€’β€’β€’β€’β€’The Yield Lab, The Yield Lab Asia Pacific
–
Mar 2019$2.2MSeed$β€’β€’β€’β€’β€’Omnivore, Location Labs
Apr 2018$120,000Seed$β€’β€’β€’β€’β€’Zeroth Ai
–
Valuation history
DateValuationStage
Feb 2023$15.1Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2022$14.17Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Apr 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Fasal

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Last known valuation $15.1M (Feb 2023). 28 investors in total: 24 institutional and 4 angel.

Investors in Fasal

Fasal has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Animoca Brands, Antares Capital and Genting Group.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund investing in multiple sectors
beyondcapitalventures.comNew York, United States
Venture capital investments in technology sectors like SaaS and Fintech in India.
20163one4capital.comBengaluru, India
Agritech startups are funded by Omnivore, a venture capital entity.
omnivore.vcMumbai, India
Investments in early-stage technology companies are made by Wavemaker Partners.
2003wavemaker.vcLos Angeles, United States
Venture capital is provided to leisure and hospitality startups.
gentingventures.gentingSingapore, Singapore
Early-stage tech startups are invested in globally by TDK Ventures.
tdk-ventures.comSan Jose, United States
Government agency focused on small and medium-sized businesses
1948bii.co.ukLondon, United Kingdom
Investment in engineering-driven deep-tech and science ventures in India.
2008navamcapital.comKolkata, India
Venture capital firm investing in deep tech, climate, health, and consumer sectors with global expertise.
2021aureolis.co.inMumbai, India
Investment in startups across aerospace, electric vehicles, and personal wellness sectors.
2018itigo.inMumbai, India
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Investor details for Fasal

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Board of directors of Wolkus Technology Solutions Private Limited (Fasal)

Wolkus Technology Solutions Private Limited is the primary company behind Fasal. The board of Wolkus Technology Solutions Private Limited currently have 3 directors; the longest-serving is Ananda Prakash Verma, appointed in 2018. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ananda Prakash Verma
DIN 05016320
Director11 Jan 20188 yrs 10 moWolkus Technology Solutions Private Limited
Shailendra Tiwari
DIN 08275298
Director12 Nov 20188 yrsWolkus Technology Solutions Private Limited
Mohit Malhotra
DIN 07821899
Director05 Jun 20251 yr 5 moWolkus Technology Solutions Private Limited

People of Fasal

15 people are tracked at Fasal (5 in leadership, 10 in team); the tracked headcount is 175.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
Founder & CEOLeadership
Luna Aryal Dubey
Assistant Vice President - Product DeliveryLeadership
Nilesh Zende
Head Agri ResearchLeadership
Sumit Dhumal
AgronomistTeam
Kuheli Panigrahi
HR ManagerTeam
Dr. Soma Dutta
Senior AI Research Engineer-agrometeorologyTeam
Rajesh Korishettar
Lead Design EngineerTeam
Sake Srikanth
Associate ResearcherTeam
𝗦𝗵𝘂𝗯𝗵𝗮𝗺 𝗞𝗮𝗹𝗲
Research Scientist L AgronomyTeam
Aparna Raju
Research Scientist-1 Plant PhysiologyTeam
Dr. Somu R
Lead Agri-research ScientistTeam
Chaitanya Ajmera
SDE 2Team
Arpan Sharma
Software Development EngineerTeam
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Financials of Fasal

Figures of Wolkus Technology Solutions Private Limited, the primary company behind Fasal, for FY 2024. Revenue was ₹35.51 Cr (+89% year on year). Net loss was -₹34.03 Cr (-96% margin). EBITDA was -₹32.52 Cr (-92% margin). Revenue has grown at a compounded annual rate of +186% over three years and +182% over five years.

  • ₹35.51 CrRevenue · FY 2024 · +89% YoY
  • -₹34.03 CrNet loss · -96% margin
  • -₹32.52 CrEBITDA · -92% margin
  • ₹3.6 LakhPaid-up capital
  • 175Employees (provident fund records)
  • +186%Revenue CAGR, 3 years
  • +182%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Wolkus Technology Solutions Private Limited are on its company page.

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Detailed financial statements for Fasal

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Fasal

4 dated milestones of Fasal across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fasal is founded.
  2. Funding First funding round of $120K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A,.

Competitors of Fasal

Fasal has 2 listed competitors in our database, 2 of them funded. They include SatSure and Fyllo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
satsure.co2017Bengaluru, India$27.65M141
Geospatial data analytics are powered by AI for business insights.
fyllo.in2019Bengaluru, India$6.52M75
Fyllo is engaged in providing agritech solutions for farmers.
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Detailed competitors of Fasal

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Web traffic of Fasal

The website of Fasal (fasal.co) receives about 12.7K visits a month.

  • Monthly visits
    12.7K

    ▲ 18.7% vs previous month

Similar websites

Websites whose visitors overlap most with Fasal. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details
linkedin.com
87%
1.9B#18View details
mytechmag.com
mytechmag.com
81%
#2,375,233–
ncfc.gov.in
ncfc.gov.in
53%
#2,766,687–
agricolbikaner.org
agricolbikaner.org
43%
#2,357,408–
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Related news about Fasal

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Complete news archive for Fasal

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Articles about Fasal on our blog

Frequently Asked Questions about Fasal

Fasal was founded in 2018.

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

Shailendra Tiwari is the CEO of Fasal, as recorded in our data. They have also founded this company.

Fasal is a funded company, having raised a total of $19.44M across 8 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Apr 2018.

Fasal has 175 employees.

The primary company behind Fasal, Wolkus Technology Solutions Private Limited, reported revenue of β‚Ή35.51 Cr for FY 2024, up 89% year on year.

Fasal was founded in 2018 and is headquartered in Bengaluru, India. Operations focus on the agritech sector, where real-time data and insights are delivered to farmers through sensor-based monitoring of soil and weather conditions. Precision farming practices are supported via these analytics tools, enabling informed decision-making in crop management across agricultural operations.

Fasal's top competitors include Fyllo and SatSure.

Fasal has 28 investors. Key investors include Animoca Brands, Antares Capital, Genting Group, Wavemaker Partners, and 3one4 Capital.

The valuation of Fasal is $15.1M as of Feb 2023.

Fasal operates through Wolkus Technology Solutions Private Limited.

The legal entities of Fasal currently have 3 directors, including Shailendra Tiwari, Mohit Malhotra, Ananda Prakash Verma.

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