About Hire My Farmer
Hire My Farmer is an Agriculture company based in Hyderabad (India) founded in 2016 by Moin Mohammed. Provider of tech enabled services for agriculture industry. Hire My Farmer has raised $97.33 thousand across 1 funding round from investors including Artesian. Hire My Farmer was last valued at $675.51 thousand in November 2019. Its Indian entity Praguna Software Technologies Private Limited reported revenue of ₹7.1 Lakh. Its focus areas include Food and Agriculture Tech, Crop Tech, Farming as a Service and Marketplace.
Company details
Founded in 2016 and based in Hyderabad, India, Hire My Farmer operates in the agriculture sector. An online platform is utilized to deliver cadastral map views with real-time geospatial data on agricultural lands. Funding for farming activities is facilitated through the platform. Incubators receive updates on the real-time status of farming operations. Crop profits are shared between farmers and investors.
- Headquarters Hyderabad, India
- Founders Moin Mohammed
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website hiremyfarmer.com
- Social X
- Legal Name Praguna Software Technologies Private Limited
- Date of Incorporation 26 Apr, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹7.1 Lakh
FY 2020 · +2% YoY
- Net Loss-₹69,026
FY 2020 · -10% margin
- EBITDA-₹19,797
FY 2020 · -3% margin
- Total Equity Funding$97.33K (USD)
in 1 rounds
- Latest Funding Round$97.33K (USD), Seed
Nov 2019
- Investors
Associated legal entities of Hire My Farmer
Hire My Farmer operates through Praguna Software Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Praguna Software Technologies Private Limited CIN U72900TG2016PTC109197 | Active | 26 Apr 2016 | Hyderabad, Telangana | ₹0.1 Cr | 5 | View details |
Funding Insights of Hire My Farmer
Hire My Farmer has successfully raised a total of $97.33K through 1 strategic funding round. The most recent funding activity was a Seed round of $97.33 thousand completed in November 2019. 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 $97,326
- Total Rounds 1
- Last Round Seed — $97,326
- First Round $97,326
(Nov 2019)
- Investors Count 1
All 1 funding rounds of Hire My Farmer 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 |
|---|---|---|---|---|---|
| Nov 2019 | $97,326 | Seed | $675,511 | Artesian | – |
Last known valuation $675,511 (Nov 2019). 1 investors in total: 1 institutional.
Investors in Hire My Farmer
Hire My Farmer has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Artesian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors | artesianinvest.com | Sydney, Australia |
Investor details for Hire My Farmer
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 Praguna Software Technologies Private Limited (Hire My Farmer)
Praguna Software Technologies Private Limited is the primary company behind Hire My Farmer. The board of Praguna Software Technologies Private Limited currently have 5 directors; the longest-serving is Kiran Soma Durga Valluri, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Soma Durga Valluri DIN 07436770 | Director | 26 Apr 2016 | 10 yrs 5 mo | Praguna Software Technologies Private Limited |
| Khajamoinuddin Mohammed DIN 08102711 | Director | 24 May 2018 | 8 yrs 5 mo | Praguna Software Technologies Private Limited |
| Dhanunjaya Reddy Mummadi DIN 08209494 | Additional Director | 01 Mar 2021 | 5 yrs 7 mo | Praguna Software Technologies Private Limited |
| Vamshi Krishna Pattabhi DIN 09783222 | Additional Director | 07 Nov 2022 | 3 yrs 11 mo | Praguna Software Technologies Private Limited |
| Rasireddy Rajesh Babu DIN 10647839 | Additional Director | 31 May 2024 | 2 yrs 4 mo | Praguna Software Technologies Private Limited |
People of Hire My Farmer
1 people are tracked at Hire My Farmer (1 in leadership).
| Name | Role | Group |
|---|---|---|
Moin Mohammed | Founder & Director of Operations | Leadership |
Complete people profiles for Hire My Farmer
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 Hire My Farmer
Figures of Praguna Software Technologies Private Limited, the primary company behind Hire My Farmer, for FY 2020. Revenue was ₹7.1 Lakh (+2% year on year). Net loss was -₹69,026 (-10% margin). EBITDA was -₹19,797 (-3% margin). Revenue has grown at a compounded annual rate of +4% over three years.
- ₹7.1 LakhRevenue · FY 2020 · +2% YoY
- -₹69,026Net loss · -10% margin
- -₹19,797EBITDA · -3% margin
- ₹1.2 LakhPaid-up capital
- +4%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Praguna Software Technologies Private Limited are on its company page.
Detailed financial statements for Hire My Farmer
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 Hire My Farmer
2 dated milestones of Hire My Farmer across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Hire My Farmer is founded.
- Funding First funding round of $97K.
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Hire My Farmer (Crop Tech & Equipment) in India, 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 | |
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 |
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Frequently Asked Questions about Hire My Farmer
Hire My Farmer was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Hire My Farmer is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Hire My Farmer is a funded company, having raised a total of $97.33K across 1 funding round to date. The company's 1st funding round was a Seed of $97.33K, raised on Nov 2019.
The primary company behind Hire My Farmer, Praguna Software Technologies Private Limited, reported revenue of ₹7.1 Lakh for FY 2020, up 2% year on year.
Founded in 2016 and based in Hyderabad, India, Hire My Farmer operates in the agriculture sector. An online platform is utilized to deliver cadastral map views with real-time geospatial data on agricultural lands. Funding for farming activities is facilitated through the platform. Incubators receive updates on the real-time status of farming operations. Crop profits are shared between farmers and investors.
Hire My Farmer has 1 investor. Key investors include Artesian.
The valuation of Hire My Farmer is $675.51K as of Nov 2019.
Hire My Farmer operates through Praguna Software Technologies Private Limited.
The legal entities of Hire My Farmer currently have 5 directors, including Dhanunjaya Reddy Mummadi, Kiran Soma Durga Valluri, Rasireddy Rajesh Babu and others.