About Gramophone
Gramophone is an Agriculture company based in Indore (India) founded in 2016 by Navneet Singh Batra, Nishant Mahatre, Tauseef Khan, and Harshit Gupta, and was acquired by Unnati in January 2026. It operates as an agricultural technology solutions are delivered to farmers for full-cycle support. Gramophone has raised $27.47 million across 9 funding rounds from investors including Info Edge, Angel List and WhatsApp. The company has 31 employees. Gramophone was last valued at $11.81 million in April 2024. Its chief executive is Tauseef Khan. Its Indian entity Agstack Technologies Private Limited reported revenue of ₹71.05 Cr. Gramophone offers products and services including Agri-Input Products, Personalized Farm Management, Gram Vyapar, Gram Sabha, and Super Fasal. Its focus areas include Food and Agriculture Tech, Crop Tech, Farming as a Service and Tech Enabled Services. Its competitors include FBN, DeHaat, Ayekart, StarAgri and Farmers Edge and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Gramophone was established in 2016 in Indore, India, as a technology provider in the agricultural sector. Agronomy intelligence, agri-input products, and personalized farm management tools are supplied to farmers. A digital marketplace for crops is operated, alongside a social network and soil testing services. Operations span the agricultural process from sowing to selling, targeting Indian farmers.
- Headquarters Indore, India
- Employees 31
- Founders Navneet Singh Batra, Nishant Mahatre, Tauseef Khan, Harshit Gupta
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website gramophone.in/?lang=en
- Social LinkedIn X Facebook YouTube
- Acquired by Unnati (Jan 2026)
- Legal Name Agstack Technologies Private Limited
- Date of Incorporation 23 May, 2016
- Jurisdiction Indore, Madhya Pradesh, India
Associated legal entities of Gramophone
Gramophone operates through Agstack Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Agstack Technologies Private Limited CIN U74999MP2016PTC040803 | Active | 23 May 2016 | Indore, Madhya Pradesh | ₹71.1 Cr | 31 | 2 | View details |
Products & Services of Gramophone
Gramophone offers a comprehensive portfolio of products and services, including Agri-Input Products, Personalized Farm Management, Gram Vyapar, Gram Sabha, and Super Fasal.
Home delivery of seeds, fertilizers, and crop nutrition for farmers.
App for smart farming with scientific crop calendars.
Digital mandi for buying and selling crops across India.
Platform for farmers to connect and share knowledge.
Home soil testing with delivered reports for better farming.
Apps and channels of Gramophone
Gramophone publishes 1 mobile app with over 500K+ downloads; its YouTube channel Gramophone Agriculture App has 32.5K subscribers and 30 videos.
Videos from Gramophone
The most watched videos on Gramophone's YouTube channel, Gramophone Agriculture App (32.5K subscribers). Click a video to play it here.
More on Gramophone Agriculture App.
Funding Insights of Gramophone
Gramophone has successfully raised a total of $27.47M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $2.24 million completed in April 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 $27.47M
- Total Rounds 9
- Last Round Series B — $2.24M
- First Round $1.5M
(Mar 2017)
- Investors Count 32
All 9 funding rounds of Gramophone 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 |
|---|---|---|---|---|---|
| Apr 2024 | $2.24M | Series B | $11.81M | Z3Partners, Asha | |
| Jan 2023 | $3.51M | Series B | $40.63M | Info Edge, Sandhar | |
| Apr 2021 | $10M | Series B | $••••• | Z3Partners, Info Edge | |
| Dec 2020 | $3.65M | Series B | $••••• | Siana Capital | |
| Aug 2019 | $3.5M | Series A | – | Info Edge Ventures | |
| Jun 2019 | $50,000 | Series A | – | WhatsApp, Invest India | – |
| Apr 2019 | $2.01M | Series A | $••••• | Info Edge Ventures, Info Edge | – |
| Mar 2018 | $1M | Seed | $••••• | Info Edge Ventures, Info Edge | – |
| Mar 2017 | $1.5M | Seed | – | Sanjay Ramkrishnan |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2024 | $11.81M | •••••••• |
| Jan 2023 | $40.63M | •••••••• |
| Apr 2021 | $••••• | •••••••• |
| Dec 2020 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Mar 2018 | $••••• | •••••••• |
Full valuation and stage history of Gramophone
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $11.81M (Apr 2024). 33 investors in total: 19 institutional and 14 angel.
Investors in Gramophone
Gramophone has secured backing from 33 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Info Edge, Angel List and WhatsApp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech and digital investing services in India. | 2019 | z3partners.com | Mumbai, India | |
Venture capital fund investment in series-A startups | – | ashaventures.in | Mumbai, India | |
Venture fund management focusing on deep tech and science investments in India. | 2018 | sianacapital.com | Bengaluru, India | |
Venture capital firm backed by Info Edge and Temasek | – | infoedgeventures.in | Noida, India | |
Single family office of Suman Kant Munjal, Managing Director of Rockman Industries Ltd | – | survam.com | Delhi, India | |
Venture capital firm focused on seed-stage investments | – | bloomventures.co.in | - | |
Single family office investments in private equity are managed. | – | chonafamilyoffice.com | Mumbai, India | |
Family office investing across tech sectors | – | nishafamily.tcc.mode | - | |
Early-stage companies are invested in by Better Capital. | – | bettercapital.vc | Santa Clara, United States | |
Family office that invests in founders with scalable ideas | – | paipal.vc | Mysuru, India |
Investor details for Gramophone
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Agstack Technologies Private Limited (Gramophone)
Agstack Technologies Private Limited is the primary company behind Gramophone. The board of Agstack Technologies Private Limited currently have 2 directors; the longest-serving is Tauseef Ahmad Khan, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tauseef Ahmad Khan DIN 07525028 | Director | 23 May 2016 | 10 yrs 4 mo | Agstack Technologies Private Limited |
| Nishant Vats Mahatre DIN 07506200 | Director | 23 May 2016 | 10 yrs 4 mo | Agstack Technologies Private Limited |
People of Gramophone
18 people are tracked at Gramophone (9 in leadership, 9 in team); the tracked headcount is 31.
| Name | Role | Group |
|---|---|---|
Navneet Singh Batra | Co-Founder | Leadership |
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
Harshit Gupta | Co-Founder & CBO | Leadership |
Navneet Singh | Business Head | Leadership |
| COO | Leadership | |
RAHUL SINGH | Asst. Vice President - Post Harvest | Leadership |
Rajesh Ranjan | Regional Business Head | Leadership |
Fahim Husain | Head Agronomist | Leadership |
Rahul Bhargav | Business Development Associate | Team |
Ashfaque Nagpurwala | Sr. Business Intelligence Associate | Team |
Mita Solanki | Operations Executive | Team |
Jitendra Patidar | Business Development Associate | Team |
Nizam Zafar Shah | Operation Executive - Agri Input B2B | Team |
Brij kishore chourey | Sr. Area Business Manager | Team |
Shailendra Attri | Sr Manager-Retail Expansion | Team |
Mayank Goswami | Regional Manager | Team |
Subham Sushobhan Dash | Associate Operations Manager | Team |
Complete people profiles for Gramophone
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Gramophone
Figures of Agstack Technologies Private Limited, the primary company behind Gramophone, for FY 2025. Revenue was ₹71.05 Cr (-28% year on year). Net loss was -₹9.13 Cr (-13% margin). EBITDA was -₹7.44 Cr (-10% margin). Revenue has grown at a compounded annual rate of -27% over three years and +31% over five years.
- ₹71.05 CrRevenue · FY 2025 · -28% YoY
- -₹9.13 CrNet loss · -13% margin
- -₹7.44 CrEBITDA · -10% margin
- ₹7.56 CrPaid-up capital
- 31Employees (provident fund records)
- -27%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Agstack Technologies Private Limited are on its company page.
Detailed financial statements for Gramophone
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Gramophone
5 dated milestones of Gramophone across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Gramophone is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $2.2M.
- Exit Acquired by Unnati.
Competitors of Gramophone
Gramophone has 8 listed competitors in our database, 8 of them funded. They include FBN, DeHaat, Ayekart, StarAgri and Farmers Edge, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fbn.com | 2014 | San Carlos, United States | $981.09M | 62 | Provider of farmers networking platform | |
| agrevolution.in | 2012 | Patna, India | $222.04M | 1,446 | DeHaat is recognized as an online marketplace for farmers. | |
| ayekart.com | 2020 | Mumbai, India | $12.84M | 126 | Agricultural producers and distributors are connected through a service network. | |
| staragri.com | 2006 | Mumbai, India | $89.94M | 5,294 | Integrated services are provided across the agricultural value chain. | |
| farmersedge.ca | 2005 | Winnipeg, Canada | $41.61M | 517 | Precision agriculture solutions and farm data management platforms are provided. | |
| farmerline.co | 2003 | Kumasi, Ghana | $9.4M | – | Provider of weather information and content marketing services | |
| climate.ai | 2017 | San Francisco, United States | $34M | 27 | AI-driven farm management and climate resilience services are provided. | |
| semaai.com | 2021 | Jakarta, Indonesia | $7.6M | – | Provider of app-based diversified tech-based services for farmers |
Detailed competitors of Gramophone
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Crop Tech & Equipment
10 companies that operate in the same segment as Gramophone (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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Gramophone
Complete news archive for Gramophone
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gramophone
Gramophone was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Gramophone is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Tauseef Khan is the current CEO of Gramophone. They have also founded this company.
Gramophone is a funded company, having raised a total of $27.47M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 2017.
Gramophone has 31 employees.
The primary company behind Gramophone, Agstack Technologies Private Limited, reported revenue of ₹71.05 Cr for FY 2025, down 28% year on year.
Gramophone was established in 2016 in Indore, India, as a technology provider in the agricultural sector. Agronomy intelligence, agri-input products, and personalized farm management tools are supplied to farmers. A digital marketplace for crops is operated, alongside a social network and soil testing services. Operations span the agricultural process from sowing to selling, targeting Indian farmers.
Gramophone offers Agri-Input Products, Personalized Farm Management, Gram Vyapar, Gram Sabha, and Super Fasal.
Gramophone has 33 investors. Key investors include Info Edge, Angel List, WhatsApp, Unnati Agri, and Sandhar.
The valuation of Gramophone is $11.81M as of Apr 2024.
Gramophone operates through Agstack Technologies Private Limited.