About Growero Technologies
Growero Technologies is an Agriculture company based in Hyderabad (India) founded in 2020. Agriculture improvement services are provided to enhance farming efficiency. Growero Technologies has raised $815.92 thousand across 1 funding round from investors including Bathinedu Edukondalu, Gautam Jain and Madhusudhana Tatineni. Growero Technologies was last valued at $11.96 million in March 2024. Its Indian entity Growero Technologies Private Limited reported revenue of ₹39.56 Cr. Growero Technologies offers products and services including Farm Services, Product Development Services, Agronomy Services, and Food Value Chain Support. Its focus areas include Food and Agriculture, Services for Crop Farming and Diversified.
Company details
Growero Technologies was founded in 2020 and is headquartered in Hyderabad, India. Operations center on the agriculture sector, where services aimed at improving farming processes are delivered. Technological solutions are offered to support crop management and productivity. The company is led by Managing Directors Jaganath Paravastu and Suresh Vemula. Activities are conducted primarily through the domain growerotechnologies.com to facilitate service access.
- Headquarters Hyderabad, India
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website growerotechnologies.com
- Social X Facebook Instagram YouTube
- Legal Name Growero Technologies Private Limited
- Date of Incorporation 25 Apr, 2022
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹39.56 Cr
FY 2024
- Net Loss-₹10.49 Cr
FY 2024 · -27% margin
- EBITDA-₹9.82 Cr
FY 2024 · -25% margin
- Total Equity Funding$815.92K (USD)
in 1 rounds
- Latest Funding Round$815.92K (USD), Angel Round
Mar 2024
Associated legal entities of Growero Technologies
Growero Technologies is associated with 2 registered companies on The Company Check; the primary company is Growero Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Growero Technologies Private Limited CIN U46909TG2022PTC161959 | Active | 25 Apr 2022 | Hyderabad, Telangana | ₹39.6 Cr | 53 | 3 | View details |
| Growero Technologies Private Limited CIN U01100TG2022PTC161959 | 25 Apr 2022 | Hyderabad, Telangana, India | View details |
Products & Services of Growero Technologies
Growero Technologies offers a comprehensive portfolio of products and services, including Farm Services, Product Development Services, Agronomy Services, and Food Value Chain Support.
Offers management solutions and analytics for enhanced farm productivity.
Develops customized machines to reduce farm labor dependency.
Provides advice on crop techniques for better agricultural outcomes.
Connects farmers with markets and suppliers for efficient produce handling.
Apps and channels of Growero Technologies
its YouTube channel Growero Technologies has 735 subscribers and 30 videos.
Videos from Growero Technologies
The most watched videos on Growero Technologies's YouTube channel, Growero Technologies (735 subscribers). Click a video to play it here.
More on Growero Technologies .
Funding Insights of Growero Technologies
Growero Technologies has successfully raised a total of $815.92K through 1 strategic funding round. The most recent funding activity was a Angel Round of $815.92 thousand completed in March 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 $815,918
- Total Rounds 1
- Last Round Angel Round — $815,918
- First Round $815,918
(Mar 2024)
- Investors Count 5
All 1 funding rounds of Growero Technologies 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 |
|---|---|---|---|---|---|
| Mar 2024 | $815,918 | Angel Round | $11.96M | Bathinedu Edukondalu |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $11.96M | •••••••• |
Last known valuation $11.96M (Mar 2024). 5 investors in total: 0 institutional and 5 angel.
Investors in Growero Technologies
Growero Technologies has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Bathinedu Edukondalu, Gautam Jain and Madhusudhana Tatineni.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BE Bathinedu Edukondalu | unknown_0d3c312ab784487b9 | |||
GJ Gautam Jain | Angel investor and entrepreneur, focused on tech startups in India. | unknown_a96e7de7571e4206a | ||
MT Madhusudhana Tatineni | unknown_a6e6efc8181746a0b | |||
SG Sai Gopi Chand | Angel investor and tech entrepreneur based in India, focusing on early-stage startups. | unknown_5cbe52d79cd14a7d9 | ||
GJ Gautam Jain | unknown_d475d3773af94727b |
Investor details for Growero Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Growero Technologies Private Limited (Growero Technologies)
Growero Technologies Private Limited is the primary company behind Growero Technologies. The board of Growero Technologies Private Limited currently have 3 directors; the longest-serving is Suresh Vemula, appointed in 2022. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Vemula DIN 09573066 | Managing Director | 25 Apr 2022 | 4 yrs 6 mo | Growero Technologies Private Limited |
| Chandu Yarthapu DIN 08933438 | Director | 22 Jun 2022 | 4 yrs 4 mo | Growero Technologies Private Limited |
| Srinivasa Reddy Kommareddy DIN 02668033 | Director | 22 Jun 2022 | 4 yrs 4 mo | Growero Technologies Private Limited |
People of Growero Technologies
2 people are tracked at Growero Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
| Managing Director | Leadership |
Complete people profiles for Growero Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Growero Technologies
Figures of Growero Technologies Private Limited, the primary company behind Growero Technologies, for FY 2024. Revenue was ₹39.56 Cr. Net loss was -₹10.49 Cr (-27% margin). EBITDA was -₹9.82 Cr (-25% margin).
- ₹39.56 CrRevenue · FY 2024
- -₹10.49 CrNet loss · -27% margin
- -₹9.82 CrEBITDA · -25% margin
- ₹2.90 CrPaid-up capital
- 53Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Growero Technologies Private Limited are on its company page.
Detailed financial statements for Growero Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Growero Technologies
3 dated milestones of Growero Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Growero Technologies is founded.
- Funding First funding round of $816K.
- Milestone Reaches Minicorn status.
Top companies in Farm Support & Services
3 companies that operate in the same segment as Growero Technologies (Farm Support & Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Unnati Agri is focused on agricultural fintech solutions. | 2017 | Noida, Uttar Pradesh, India | USD 16.46 M | USD 47.85 M | 307 | |
Post-harvest risk management and storage services are provided to farmers. | 2004 | Gurugram, Haryana, India | USD 30.86 M | USD 32.17 M |
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Related news about Growero Technologies
Complete news archive for Growero Technologies
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Frequently Asked Questions about Growero Technologies
Growero Technologies was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Growero Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Growero Technologies is a funded company, having raised a total of $815.92K across 1 funding round to date. The company's 1st funding round was a Angel Round of $815.92K, raised on Mar 2024.
The primary company behind Growero Technologies, Growero Technologies Private Limited, reported revenue of ₹39.56 Cr for FY 2024.
Growero Technologies was founded in 2020 and is headquartered in Hyderabad, India. Operations center on the agriculture sector, where services aimed at improving farming processes are delivered. Technological solutions are offered to support crop management and productivity. The company is led by Managing Directors Jaganath Paravastu and Suresh Vemula. Activities are conducted primarily through the domain growerotechnologies.com to facilitate service access.
Growero Technologies offers Farm Services, Product Development Services, Agronomy Services, and Food Value Chain Support.
Growero Technologies has 5 investors. Key investors include Bathinedu Edukondalu, Gautam Jain, Madhusudhana Tatineni, Sai Gopi Chand, and Gautam Jain.
The valuation of Growero Technologies is $11.96M as of Mar 2024.
Growero Technologies operates through Growero Technologies Private Limited.
The legal entities of Growero Technologies currently have 3 directors, including Suresh Vemula, Chandu Yarthapu, Srinivasa Reddy Kommareddy.