About Fruitwall
Fruitwall is an Agriculture company based in Srinagar (India) founded in 2019 by Khuram Mir. Fruitwall has raised $7.2 million across 1 funding round from investors including Incofin Investment Management and Fiedlin Ventures. The company has 76 employees. Fruitwall was last valued at $35.7 million in February 2024. Its chief executive is Khuram Mir. Its Indian entity Qul Fruit Wall Farm Installations Private Limited reported revenue of ₹228 Cr. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Management Software and Orchard Management. Its competitors include Orchard Robotics, Agrotics, Hectre, AFS and Green Atlas and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Provider of tech-enabled integrated platform for horticultural farmers. It provides users with a company covering the entire value chain from orchard installation to management. The company provides services such as orchard installation, management, and post-harvest storage, aiming to empower farmers and improve the horticulture sector.
- Headquarters Srinagar, India
- Employees 76
- Founders Khuram Mir
- Stage Minicorn
- SectorsAgriculture
- Website qulfruitwall.com
- Legal Name Qul Fruit Wall Farm Installationsprivate Limited
- Date of Incorporation 21 Feb, 2019
- Jurisdiction Jawahar Nagar, Jammu and Kashmir, India
- Annual Revenue₹228 Cr
FY 2024 · +273% YoY
- Net Profit₹8.04 Cr
FY 2024 · 4% margin
- EBITDA₹32.68 Cr
FY 2024 · 14% margin
- Total Equity Funding$7.2M (USD)
in 1 rounds
- Latest Funding Round$7.2M (USD), Series A
Feb 2024
- InvestorsIncofin Investment Management
& 1 more
- Employee Count76
Associated legal entities of Fruitwall
Fruitwall operates through Qul Fruit Wall Farm Installations 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 |
|---|---|---|---|---|---|---|---|
| Qul Fruit Wall Farm Installations Private Limited CIN U01820JK2019PTC010849 | Active | 21 Feb 2019 | Jawahar Nagar, Jammu and Kashmir | ₹228 Cr | 76 | 4 | View details |
Funding Insights of Fruitwall
Fruitwall has successfully raised a total of $7.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.2 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.
- Total Funding $7.2M
- Total Rounds 1
- Last Round Series A — $7.2M
- First Round $7.2M
(Feb 2024)
- Investors Count 2
All 1 funding rounds of Fruitwall with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $7.2M | Series A | $35.7M | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $35.7M | •••••••• |
Last known valuation $35.7M (Feb 2024). 2 investors in total: 2 institutional.
Investors in Fruitwall
Fruitwall has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Incofin Investment Management and Fiedlin Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | fiedlinventures.tcc.mode | - | |
Impact investing in agriculture, water access, and microfinance across emerging markets. | 2001 | incofin.com | Antwerp, Belgium |
Investor details for Fruitwall
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Board of directors of Qul Fruit Wall Farm Installations Private Limited (Fruitwall)
Qul Fruit Wall Farm Installations Private Limited is the primary company behind Fruitwall. The board of Qul Fruit Wall Farm Installations Private Limited currently have 4 directors; the longest-serving is Mohammad Omar Hassan, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammad Omar Hassan DIN 07345902 | Director | 21 Feb 2019 | 7 yrs 7 mo | Qul Fruit Wall Farm Installations Private Limited |
| Mir Khuram Shafi DIN 02790456 | Director | 31 Dec 2021 | 4 yrs 9 mo | Qul Fruit Wall Farm Installations Private Limited |
| Junaid Sidiq DIN 09813044 | Director | 15 Apr 2024 | 2 yrs 6 mo | Qul Fruit Wall Farm Installations Private Limited |
| Vandana Kilam DIN 00551365 | Director | 15 Aug 2024 | 2 yrs 2 mo | Qul Fruit Wall Farm Installations Private Limited |
People of Fruitwall
1 people are tracked at Fruitwall (1 in leadership); the tracked headcount is 76.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Fruitwall
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Financials of Fruitwall
Figures of Qul Fruit Wall Farm Installations Private Limited, the primary company behind Fruitwall, for FY 2024. Revenue was ₹228 Cr (+273% year on year). Net profit was ₹8.04 Cr (4% margin). EBITDA was ₹32.68 Cr (14% margin). Revenue has grown at a compounded annual rate of +117% over three years.
- ₹228 CrRevenue · FY 2024 · +273% YoY
- ₹8.04 CrNet profit · 4% margin
- ₹32.68 CrEBITDA · 14% margin
- ₹5.59 CrPaid-up capital
- 76Employees (provident fund records)
- +117%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Qul Fruit Wall Farm Installations Private Limited are on its company page.
Detailed financial statements for Fruitwall
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Timeline of Fruitwall
3 dated milestones of Fruitwall across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Fruitwall is founded.
- Funding First funding round of $7.2M.
- Milestone Reaches Minicorn status.
Competitors of Fruitwall
Fruitwall has 9 listed competitors in our database, 3 of them funded. They include Orchard Robotics, Agrotics, Hectre, AFS and Green Atlas, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| orchard-robotics.com | 2022 | Seattle, United States | $3.8M | – | AI based precision crop management solutions | |
| agrotics.com | 2014 | San Francisco, United States | $350,000 | – | Automated orchard management | |
| hectre.com | 2015 | Auckland, New Zealand | $5.43M | – | Orchard management solutions are delivered via sensor-based devices. | |
| afsmed.com | 2020 | Seoul, South Korea | – | – | AFS is focused on developing hair loss solutions. | |
| greenatlas.com | 2018 | Camperdown, Australia | – | – | AI-based orchard mapping solutions are provided for farmers. | |
| elaisian.com | 2016 | Rome, Italy | – | – | Integrated platform for real-time olive plants monitoring and data analytics | |
| getappledoc.com | 2022 | Srinagar, India | – | – | Delivers AI-enabled solutions for orchard farm management. | |
| radfords.global | 1989 | Tauranga, New Zealand | – | – | End-to-end orchard management solutions are provided by Radford Software. | |
| pixofarm.com | 2019 | Vienna, Austria | – | – | Offers comprehensive yield monitoring software solutions for orchard farming. |
Detailed competitors of Fruitwall
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Top companies in Crop Tech & Equipment
10 companies that operate in the same segment as Fruitwall (Crop Tech & Equipment), 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 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | – | 808 | |
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 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Related news about Fruitwall
Complete news archive for Fruitwall
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Frequently Asked Questions about Fruitwall
Fruitwall was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Fruitwall is headquartered in Srinagar, India. It is registered at Srinagar, Jammu And Kashmir, India.
Khuram Mir is the current CEO of Fruitwall. They have also founded this company.
Fruitwall is a funded company, having raised a total of $7.2M across 1 funding round to date. The company's 1st funding round was a Series A of $7.2M, raised on Feb 2024.
Fruitwall has 76 employees.
The primary company behind Fruitwall, Qul Fruit Wall Farm Installations Private Limited, reported revenue of ₹228 Cr for FY 2024, up 273% year on year.
Provider of tech-enabled integrated platform for horticultural farmers. It provides users with a company covering the entire value chain from orchard installation to management. The company provides services such as orchard installation, management, and post-harvest storage, aiming to empower farmers and improve the horticulture sector.
Fruitwall's top competitors include Orchard Robotics, Agrotics and Green Atlas.
Fruitwall has 2 investors. Key investors include Incofin Investment Management, and Fiedlin Ventures.
The valuation of Fruitwall is $35.7M as of Feb 2024.
Fruitwall operates through Qul Fruit Wall Farm Installations Private Limited.
The legal entities of Fruitwall currently have 4 directors, including Mir Khuram Shafi, Mohammad Omar Hassan, Vandana Kilam and others.