About Grow Indigo
Grow Indigo is a company based in Mumbai (India) founded in 2018. Grow Indigo has raised $24 million across 3 funding rounds from investors including Mahyco, Indigo Ag and HNI Corporation. The company has 267 employees as of March 22, 2024. Grow Indigo offers products and services including Carbon Biologicals, Seed Treatment, Soil Health Enrichment, and Biostimulants and Adjuvants. Grow Indigo operates in a competitive market with competitors including IPL Biologicals, Kan biosys, Titan Biotech, Univia and Absolute, among others.
- Headquarter Mumbai, India
- Employees 267 as on 22 Mar, 2024
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Grow Indigo Private Limited
- Date of Incorporation 19 Jan, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$39.99 M (USD)65.25as on Mar 31, 2023
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Net Profit
-$1.88 M (USD)-133.89as on Mar 31, 2023
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EBITDA
-$2.35 M (USD)-137.58as on Mar 31, 2023
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Total Equity Funding
$24 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
Mar 25, 2025
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Investors
Mahyco
& 3 more
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Employee Count
267
as on Mar 22, 2024
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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
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.
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.
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Government agency focused on small and medium-sized businesses
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Microbe-based plant protection products and yield optimization services are provided.
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Agriculture company offering hybrid and open pollinated seeds
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Investor details for Grow Indigo
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Investments & Acquisitions by Grow Indigo
Investment portfolio details for Grow Indigo
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Financial Statements - Grow Indigo
Detailed financials for Grow Indigo
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Grow Indigo Comparisons
Peer comparison for Grow Indigo
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Competitors of Grow Indigo
Grow Indigo 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 IPL Biologicals, Kan biosys, Titan Biotech, Univia and Absolute, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Plant nutrition and protection products are manufactured and supplied.
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Microbes-based biological solutions for crop diversification are provided.
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Biological products are manufactured and exported for various industries.
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Agri-input retailers are connected to farmers via a phygital network.
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Biological technologies are developed for agriculture, healthcare, and materials science.
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Detailed competitors of Grow Indigo
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Latest news on Grow Indigo
Complete news archive for 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.
As of Mar 22, 2024, the latest employee count at Grow Indigo is 267.
Annual revenue of Grow Indigo is $39.99M as on Mar 31, 2023.
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.