About Greenikk
Greenikk is a company based in Thiruvananthapuram (India) founded in 2020 by Previn Jacob Varghese and Fariq Naushad. Greenikk has raised $735.42 thousand across 3 funding rounds from investors including 100Unicorns, Spotlight Jobs and Manish Modi. Greenikk operates in a competitive market with competitors including HyperPure, WayCool, FarMart, Ninjacart and Jumbotail, among others.
- Headquarter Thiruvananthapuram, India
- Founders Previn Jacob Varghese, Fariq Naushad
- Stage Minicorn
- SectorsAgricultureRetail
- Website greenikk.com
- Social LinkedIn
- Legal Name Greenikk Sustainable Ventures Private Limited
- Date of Incorporation 14 Jan, 2020
- Jurisdiction Thiruvananthapuram, Kerala, India
- Net Loss-₹41 Lakh
FY 2025 · -3487453% margin
- EBITDA-₹40.3 Lakh
FY 2025 · -3430502% margin
- Total Equity Funding$735.42K (USD)
in 3 rounds
- Latest Funding Round$404.92K (USD), Seed
Jan 2023
- Investors100Unicorns
& 17 more
Associated legal entities of Greenikk
Greenikk operates through Greenikk Sustainable Ventures 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 |
|---|---|---|---|---|---|---|---|
| Greenikk Sustainable Ventures Private Limited CIN U74999KL2020PTC061162 | Active | 14 Jan 2020 | Thiruvananthapuram, Kerala | ₹0.0 Cr | – | 2 | View details |
Funding Insights of Greenikk
Greenikk has successfully raised a total of $735.42K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $404.92 thousand completed in January 2023. 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 $735,422
- Total Rounds 3
- Last Round Seed — $404,922
- First Round $330,500
(Oct 2022)
- Investors Count 18
All 3 funding rounds of Greenikk 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 |
|---|---|---|---|---|---|
| Jan 2023 | $206,098 | Debt – Conventional | – | – | – |
| Jan 2023 | $404,922 | Seed | – | 100Unicorns | |
| Oct 2022 | $330,500 | Seed | $1.45M | MasterMinds Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2022 | $1.45M | •••••••• |
Last known valuation $1.45M (Oct 2022). 18 investors in total: 10 institutional and 8 angel.
Investors in Greenikk
Greenikk has secured backing from 18 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include 100Unicorns, Spotlight Jobs and Manish Modi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investments are directed toward Kerala-based startups. | – | smartsparks.io | Kozhikode, India | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Investments are directed toward early-stage companies by MasterMinds Ventures. | – | mastermindsventures.com | Philadelphia, United States | |
Early-stage tech startups are supported via venture capital and acceleration. | – | iimaventures.com | Ahmedabad, India | |
Investments are made in pre-seed and seed-stage deep-tech startups. | – | 7pc.vc | London, United Kingdom | |
Ayurvedic treatments are offered at a standalone clinic in Delhi. | – | siddhiprivate.tcc.mode | Delhi, India | |
- | – | extraweave.com | - | |
Offers recruitment services to connect organizations with qualified candidates. | 2016 | spotlightjobs.co.in | Dombivli, India | |
Early-stage venture capital investments are made in innovative startups. | – | 7pc.co | London, England | |
Startup incubator | – | ciie.co | Ahmedabad, India |
Investor details for Greenikk
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Greenikk Sustainable Ventures Private Limited (Greenikk)
Greenikk Sustainable Ventures Private Limited is the primary company behind Greenikk. The board of Greenikk Sustainable Ventures Private Limited currently have 2 directors; the longest-serving is Fariq Noushad, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Fariq Noushad DIN 07516185 | Director | 14 Jan 2020 | 6 yrs 8 mo | Greenikk Sustainable Ventures Private Limited |
| Previn Jacob Varghese DIN 07509761 | Director | 14 Jan 2020 | 6 yrs 8 mo | Greenikk Sustainable Ventures Private Limited |
People of Greenikk
4 people are tracked at Greenikk (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
Fariq Naushad | Co-Founder & CEO | Leadership |
Anto Rajan | Head Of Procurement | Leadership |
Hari Shankar M S | Vice President - Fiber and Value added Products | Leadership |
Complete people profiles for Greenikk
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 Greenikk
Figures of Greenikk Sustainable Ventures Private Limited, the primary company behind Greenikk, for FY 2025. Net loss was -₹41 Lakh (-3487453% margin). EBITDA was -₹40.3 Lakh (-3430502% margin). Revenue has grown at a compounded annual rate of -98% over three years.
- -₹41 LakhNet loss · -3487453% margin
- -₹40.3 LakhEBITDA · -3430502% margin
- ₹1.4 LakhPaid-up capital
- -98%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Greenikk Sustainable Ventures Private Limited are on its company page.
Detailed financial statements for Greenikk
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Greenikk
4 dated milestones of Greenikk across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Greenikk is founded.
- Funding First funding round of $330K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $405K.
Competitors of Greenikk
Greenikk 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 HyperPure, WayCool, FarMart, Ninjacart and Jumbotail, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hyperpure.com | 2015 | Delhi, India | $1.11M | 3,302 | Food industry ingredients are supplied via a B2B platform. | |
| waycool.in | 2015 | Chennai, India | $365.53M | 164 | Provider of food supply chain management and farming solutions. | |
| farmart.co | 2015 | Gurugram, India | $51.11M | 296 | SaaS-based B2B solutions for food supply chains are provided. | |
| ninjacart.com | 2015 | Bengaluru, India | $507.77M | 1,103 | B2B platform offering vegetables and fruits | |
| jumbotail.com | 2015 | Bengaluru, India | $279.36M | 437 | B2B marketplace platform connecting retailers with brands and staples producers | |
| apnaklub.com | 2019 | Bengaluru, India | $32.59M | 388 | Local wholesale businesses are facilitated via an e-distribution platform. | |
| vegrow.in | 2020 | Bengaluru, India | $86.53M | 476 | Online B2B marketplace that connects farmers with businesses to supply fresh produce | |
| shopkirana.com | 2015 | Indore, India | $59.21M | 277 | Provider of B2B procurement platform for grocery retailers | |
| poshn.co | 2020 | India | $7.96M | 75 | Provider of suite of services for businesses | |
| superplum.com | 2019 | Delhi, India | $18.8M | 195 | Superplum is engaged in supplying high-quality, safe-to-eat fresh fruits. |
Detailed competitors of Greenikk
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Greenikk
Complete news archive for Greenikk
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
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Similar companies to Greenikk
10 companies that operate in the same segment as Greenikk (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 983.39 M | – | – | |
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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Frequently Asked Questions about Greenikk
Greenikk was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Greenikk is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Fariq Naushad is the current CEO of Greenikk. They have also founded this company.
Greenikk is a funded company, having raised a total of $735.42K across 3 funding rounds to date. The company's 1st funding round was a Seed of $330.5K, raised on Oct 2022.
Annual revenue of Greenikk is $668.41K as on Mar 31, 2023.
Greenikk was founded in 2020 in Thiruvananthapuram, India, as a provider of AI and IoT-enabled full-stack digitization solutions tailored for the banana industry. Services are extended to banana farmers, processing units, commission agents, and bulk B2B buyers. A marketplace platform for bananas is also operated to facilitate transactions within the agricultural supply chain. Operations focus on integrating technology to support sector-specific digitization needs.
Greenikk has 18 investors. Key investors include 100Unicorns, Spotlight Jobs, Manish Modi, Saurabh Agarwal, and Mayank Tiwari.
The valuation of Greenikk is $1.45M as of Oct 2022.
Greenikk operates through Greenikk Sustainable Ventures Private Limited.
The legal entities of Greenikk currently have 2 directors, including Fariq Noushad, Previn Jacob Varghese.