About Grow Indigo
Grow Indigo is an Agriculture company based in Mumbai (India) founded in 2018. It operates as a biological and carbon solutions for sustainable agriculture are provided. Grow Indigo has raised $24 million across 3 funding rounds from investors including Mahyco, Indigo Ag and HNI Corporation. The company has 267 employees. Its Indian entity Grow Indigo Private Limited reported revenue of ₹207 Cr. Grow Indigo offers products and services including Carbon Biologicals, Seed Treatment, Soil Health Enrichment, and Biostimulants and Adjuvants. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Inputs and Biologicals. Its competitors include IPL Biologicals, Kan biosys, Titan Biotech, Univia and Absolute and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Grow Indigo was founded in 2018 and is based in Mumbai, India. Operations focus on the sustainable agriculture sector, where biological solutions such as seed treatments, soil health enrichments, biostimulants, adjuvants, crop protections, and micronutrients are offered. Carbon credit programs are facilitated to help reduce farm-side emissions. Biotic and abiotic stresses are addressed through plant and soil microbiomes.
- Headquarters Mumbai, India
- Employees 267
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website growindigo.co.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Grow Indigo Private Limited
- Date of Incorporation 19 Jan, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹207 Cr
FY 2025 · +6% YoY
- Net Loss-₹32.72 Cr
FY 2025 · -16% margin
- EBITDA-₹37.46 Cr
FY 2025 · -18% margin
- Total Equity Funding$24M (USD)
in 3 rounds
- Latest Funding Round$10M (USD), Series B
Mar 2025
- InvestorsMahyco
& 3 more
- Employee Count267
Associated legal entities of Grow Indigo
Grow Indigo operates through Grow Indigo 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 |
|---|---|---|---|---|---|---|---|
| Grow Indigo Private Limited CIN U01100MH2018PTC304488 | Active | 19 Jan 2018 | Mumbai, Maharashtra | ₹207 Cr | 267 | 8 | View details |
Products & Services of Grow Indigo
Grow Indigo offers a comprehensive portfolio of products and services, including Carbon Biologicals, Seed Treatment, Soil Health Enrichment, and Biostimulants and Adjuvants.
Products for soil health and crop protection enhancement
Treatments to improve seed germination and plant resilience
Methods to enrich soil microbiomes for better crop yields
Substances that boost plant growth and stress resistance
Apps and channels of Grow Indigo
its YouTube channel Grow Indigo India has 25K subscribers and 30 videos.
Videos from Grow Indigo
The most watched videos on Grow Indigo's YouTube channel, Grow Indigo India (25K subscribers). Click a video to play it here.
More on Grow Indigo India.
Funding Insights of Grow Indigo
Grow Indigo has successfully raised a total of $24M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in March 2025. 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 $24M
- Total Rounds 3
- Last Round Series B — $10M
- First Round $6M
(Dec 2022)
- Investors Count 4
All 3 funding rounds of Grow Indigo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
Investors in Grow Indigo
Grow Indigo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Mahyco, Indigo Ag and HNI Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Microbe-based plant protection products and yield optimization services are provided. | 2013 | indigoag.com | Boston, United States | |
Agriculture company offering hybrid and open pollinated seeds | 1991 | mahyco.com | Jalna, India | |
Offline retail of office furniture and hearth products is operated. | 1944 | hnicorp.com | Davenport, United States |
Investor details for Grow Indigo
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Board of directors of Grow Indigo Private Limited (Grow Indigo)
Grow Indigo Private Limited is the primary company behind Grow Indigo. The board of Grow Indigo Private Limited currently have 7 directors; the longest-serving is Shirish Rajendra Barwale, appointed in 2018. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shirish Rajendra Barwale DIN 00152584 | Director | 19 Jan 2018 | 8 yrs 9 mo | Grow Indigo Private Limited |
| Usha Zehr Brent DIN 00002982 | Director | 07 Feb 2019 | 7 yrs 8 mo | Grow Indigo Private Limited |
| Kirthee Thakkar DIN 09664143 | Company Secretary | 02 May 2019 | 7 yrs 5 mo | Grow Indigo Private Limited |
| Robert Berendes DIN 08310786 | Director | 25 Apr 2022 | 4 yrs 5 mo | Grow Indigo Private Limited |
| Ewan Lamont DIN 09601646 | Director | 10 May 2022 | 4 yrs 5 mo | Grow Indigo Private Limited |
| Samuel Dean Banks Jr DIN 10836871 | Director | 13 Nov 2024 | 1 yr 11 mo | Grow Indigo Private Limited |
| Shilpa Shridhar Divekar DIN 06619353 | Director | 26 Feb 2025 | 1 yr 7 mo | Grow Indigo Private Limited |
People of Grow Indigo
3 people are tracked at Grow Indigo (2 in leadership, 1 in team); the tracked headcount is 267.
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
| Director | Leadership | |
| Executive Chairman | Team |
Complete people profiles for Grow Indigo
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- Professional contacts
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Financials of Grow Indigo
Figures of Grow Indigo Private Limited, the primary company behind Grow Indigo, for FY 2025. Revenue was ₹207 Cr (+6% year on year). Net loss was -₹32.72 Cr (-16% margin). EBITDA was -₹37.46 Cr (-18% margin). Revenue has grown at a compounded annual rate of +1% over three years and +510% over five years.
- ₹207 CrRevenue · FY 2025 · +6% YoY
- -₹32.72 CrNet loss · -16% margin
- -₹37.46 CrEBITDA · -18% margin
- ₹144 CrPaid-up capital
- 267Employees (provident fund records)
- +1%Revenue CAGR, 3 years
- +510%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grow Indigo Private Limited are on its company page.
Detailed financial statements for Grow Indigo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Grow Indigo
3 dated milestones of Grow Indigo across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Grow Indigo is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series B, of $10.0M.
Competitors of Grow Indigo
Grow Indigo has 9 listed competitors in our database, 6 of them funded. They include IPL Biologicals, Kan biosys, Titan Biotech, Univia and Absolute, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iplbiologicals.com | 1994 | Gurugram, India | $4.66M | 901 | Plant nutrition and protection products are manufactured and supplied. | |
| kanbiosys.com | 2005 | Pune, India | $1.02M | 256 | Microbes-based biological solutions for crop diversification are provided. | |
| titanbiotechltd.com | 1992 | Delhi, India | – | 406 | Biological products are manufactured and exported for various industries. | |
| univia.in | 2020 | Ahmedabad, India | $237,838 | 52 | Agri-input retailers are connected to farmers via a phygital network. | |
| absolute.ag | 2015 | Gurugram, India | $115.9M | 164 | Biological technologies are developed for agriculture, healthcare, and materials science. | |
| sribio.com | 1994 | Hyderabad, India | $9M | 82 | Crop improvement research and nutrient manufacturing are conducted. | |
| lab2land.co.in | 2020 | Hyderabad, India | $218,627 | 44 | Agrochemicals, fertilizers, and crop nutrition solutions are researched and developed. | |
| jaybiotech.com | 2005 | Pune, India | – | 23 | Bio-organic products are manufactured and supplied for agricultural applications. | |
| criyagen.com | 2008 | Bengaluru, India | – | 318 | Develops innovative technologies for organic and bio-active farm inputs. |
Detailed competitors of Grow Indigo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Grow Indigo
The website of Grow Indigo (growindigo.co.in) receives about 5K visits a month.
- Monthly visits5K
▲ 57.6% vs previous month
Websites whose visitors overlap most with Grow Indigo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| happyharvestfarms.com | 100% | 2.8K | #6,437,307 | View details | |
| kisaanmitrr.in | 92% | 19.1K | #2,196,092 | View details |
Top companies in Crop Tech & Equipment
10 companies that operate in the same segment as Grow Indigo (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 Grow Indigo
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Frequently Asked Questions about Grow Indigo
Grow Indigo was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Grow Indigo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Grow Indigo is a funded company, having raised a total of $24M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Dec 2022.
Grow Indigo has 267 employees.
The primary company behind Grow Indigo, Grow Indigo Private Limited, reported revenue of ₹207 Cr for FY 2025, up 6% year on year.
Grow Indigo was founded in 2018 and is based in Mumbai, India. Operations focus on the sustainable agriculture sector, where biological solutions such as seed treatments, soil health enrichments, biostimulants, adjuvants, crop protections, and micronutrients are offered. Carbon credit programs are facilitated to help reduce farm-side emissions. Biotic and abiotic stresses are addressed through plant and soil microbiomes.
Grow Indigo's top competitors include Titan Biotech, IPL Biologicals and Univia.
Grow Indigo offers Carbon Biologicals, Seed Treatment, Soil Health Enrichment, and Biostimulants and Adjuvants.
Grow Indigo has 4 investors. Key investors include Mahyco, Indigo Ag, HNI Corporation, and British International Investment.
Grow Indigo operates through Grow Indigo Private Limited.
The legal entities of Grow Indigo currently have 7 directors, including Kirthee Thakkar, Ewan Lamont, Usha Zehr Brent and others.