About FasalSetu
FasalSetu is an Agriculture company based in Indore (India) founded in 2020. It delivers drone-based solutions to enhance agricultural productivity and efficiency. It operates on a B2B model. The company has 1 employees. Its Indian entity Avnik Agritech Private Limited reported revenue of ₹10.29 Cr. Its focus areas include Food and Agriculture, Precision Farming and Drone Technology. Its competitors include Marut Drones, Dhaksha and Drogo Drones; 2 of its 3 listed competitors have raised funding.
Company details
FasalSetu delivers drone-based solutions to enhance agricultural productivity and efficiency through food and agriculture, engaging in agricultural activities, implementing precision farming, and drone technology. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Indore, India
- Employees 1
- SectorsAgriculture
- Website fasalsetu.com
- Social X
- Legal Name Avnik Agritech Private Limited
- Date of Incorporation 27 Aug, 2020
- Jurisdiction Hoshangabad, Madhya Pradesh, India
- Annual Revenue₹10.29 Cr
FY 2024 · -33% YoY
- Net Profit₹19.5 Lakh
FY 2024 · 2% margin
- EBITDA₹44.6 Lakh
FY 2024 · 4% margin
- Employee Count1
Associated legal entities of FasalSetu
FasalSetu operates through Avnik Agritech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avnik Agritech Private Limited CIN U74999MP2020PTC052527 | Active | 27 Aug 2020 | Hoshangabad, Madhya Pradesh | ₹10.3 Cr | 3 | View details |
Board of directors of Avnik Agritech Private Limited (FasalSetu)
Avnik Agritech Private Limited is the primary company behind FasalSetu. The board of Avnik Agritech Private Limited currently have 3 directors; the longest-serving is Vivek Maheshwari, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vivek Maheshwari DIN 00356554 | Director | 27 Aug 2020 | 6 yrs 2 mo | Avnik Agritech Private Limited |
| Vikas Pramod Maheshwari DIN 09168387 | Director | 24 May 2021 | 5 yrs 5 mo | Avnik Agritech Private Limited |
| Raghav Maheshwari DIN 08897684 | Director | 04 Mar 2024 | 2 yrs 7 mo | Avnik Agritech Private Limited |
Financials of FasalSetu
Figures of Avnik Agritech Private Limited, the primary company behind FasalSetu, for FY 2024. Revenue was ₹10.29 Cr (-33% year on year). Net profit was ₹19.5 Lakh (2% margin). EBITDA was ₹44.6 Lakh (4% margin).
- ₹10.29 CrRevenue · FY 2024 · -33% YoY
- ₹19.5 LakhNet profit · 2% margin
- ₹44.6 LakhEBITDA · 4% margin
- ₹3 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Avnik Agritech Private Limited are on its company page.
Detailed financial statements for FasalSetu
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of FasalSetu
FasalSetu has 3 listed competitors in our database, 2 of them funded. They include Marut Drones, Dhaksha and Drogo Drones.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| marutdrones.com | 2019 | Hyderabad, India | $6.35M | 132 | Precision drones are supplied for agricultural management tasks. | |
| dhakshadrones.com | 2019 | Chennai, India | $5.46M | 142 | Agricultural drones for crop management and spraying are provided. | |
| drogodrones.com | 2020 | Hyderabad, India | 75 | Delivers comprehensive AI-powered drone solutions for various applications. |
Detailed competitors of FasalSetu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as FasalSetu (Crop Tech & Equipment) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | USD 679.04 M | 12,280 | ||
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 |
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Frequently Asked Questions about FasalSetu
FasalSetu was founded in 2020.
FasalSetu is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
FasalSetu has 1 employees.
The primary company behind FasalSetu, Avnik Agritech Private Limited, reported revenue of ₹10.29 Cr for FY 2024, down 33% year on year.
FasalSetu delivers drone-based solutions to enhance agricultural productivity and efficiency through food and agriculture, engaging in agricultural activities, implementing precision farming, and drone technology. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
FasalSetu's top competitors include Marut Drones, Dhaksha and Drogo Drones.
FasalSetu operates through Avnik Agritech Private Limited.
The legal entities of FasalSetu currently have 3 directors, including Vivek Maheshwari, Vikas Pramod Maheshwari, Raghav Maheshwari.