
About I Support Farming
I Support Farming is an Agriculture company based in Chennai (India) founded in 2016 by Vasanth Kumar and Vijayakumar Mani. Provider of tech enabled services. It operates in the Agriculture and Financial Services sectors. I Support Farming has raised $423.07 thousand across 3 funding rounds from investors including Mohammed Iqbal Shaik, Sudha Iyer and Lakshmi Narayanan. I Support Farming was last valued at $5 million in February 2019. Its Indian entity Isupport Farming Private Limited reported revenue of βΉ12.67 Cr. I Support Farming offers products and services including Farming Support Platform and Working Capital Assistance. Its focus areas include Food and Agriculture Tech, Crop Tech, Finance and Loans. Its competitors include DeHaat, Ayekart and StarAgri; 3 of its 3 listed competitors have raised funding.
Company details
I Support Farming was founded in 2016 and is based in Chennai, India. Operations focus on the agritech sector, where services are delivered to enhance agricultural productivity. Soil sensing technologies are utilized alongside input solutions to support farmers. The company is led by co-founders Vasanth Kumar and Vijayakumar Mani, with core activities centered on technology integration for sustainable farming practices.
- Headquarters Chennai, India
- Founders Vasanth Kumar, Vijayakumar Mani
- Stage Minicorn
- SectorsAgricultureFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Website isupportfarming.com
- Social LinkedIn X Facebook
- Legal Name Isupport Farming Private Limited
- Date of Incorporation 26 May, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹12.67 Cr
FY 2022 · +55% YoY
- Net Profit₹8.6 Lakh
FY 2022 · 1% margin
- EBITDA₹47.4 Lakh
FY 2022 · 4% margin
- Total Equity Funding$423.07K (USD)
in 3 rounds
- Latest Funding Round$68.35K (USD), Angel Round
Jan 2021
Associated legal entities of I Support Farming
I Support Farming operates through Isupport Farming Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Isupport Farming Private Limited CIN U01100TN2016PTC110590 | Active | 26 May 2016 | Chennai, Tamil Nadu | ₹12.7 Cr | 3 | View details |
Products & Services of I Support Farming
I Support Farming offers a comprehensive portfolio of products and services, including Farming Support Platform and Working Capital Assistance.
Platform for connecting investors with farmers for financial and technical aid.
Service providing funds to farmers for technology and equipment needs.
Funding Insights of I Support Farming
I Support Farming has successfully raised a total of $423.07K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $68.35 thousand completed in January 2021. 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 $423,066
- Total Rounds 3
- Last Round Angel Round β $68,349
- First Round $284,292
(Jan 2018)
- Investors Count 6
All 3 funding rounds of I Support Farming 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 2021 | $68,349 | Angel Round | β | Mohammed Iqbal Shaik | |
| Feb 2019 | $70,425 | Angel Round | $5M | Lakshmi Narayanan, Lakshmi Narayanan | β |
| Jan 2018 | $284,292 | Angel Round | $44.27M | Lakshmi Narayanan, Lakshmi Narayanan |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2019 | $5M | β’β’β’β’β’β’β’β’ |
| Jan 2018 | $44.27M | β’β’β’β’β’β’β’β’ |
Last known valuation $5M (Feb 2019). 6 investors in total: 0 institutional and 6 angel.
Investors in I Support Farming
I Support Farming has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Mohammed Iqbal Shaik, Sudha Iyer and Lakshmi Narayanan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MI Mohammed Iqbal Shaik | unknown_b069e7e4b8e9457a8 | |||
SI Sudha Iyer | unknown_a0d4d1d1ace24ac68 | |||
LN Lakshmi Narayanan | unknown_fd3dc8cbc7544d058 | |||
LN Lakshmi Narayanan | Angel investor, ex-CEO of Cognizant, focused on tech and innovation | unknown_fecfb4eb508f4d9aa | ||
RC Ramakrishnan Chandrasekaran | unknown_5d17b843236f4716b | |||
PM Prashanth Mangesh Narekuli | unknown_ac0bddea42304595a |
Investor details for I Support Farming
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 Isupport Farming Private Limited (I Support Farming)
Isupport Farming Private Limited is the primary company behind I Support Farming. The board of Isupport Farming Private Limited currently have 3 directors; the longest-serving is Vijayakumar Mani, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijayakumar Mani DIN 07166000 | Director | 26 May 2016 | 10 yrs 5 mo | Isupport Farming Private Limited |
| Siva Prakasam Arumugam DIN 07721414 | Additional Director | 30 Jan 2017 | 9 yrs 9 mo | Isupport Farming Private Limited |
| Vasanth Kumar Mani DIN 08135340 | Director | 17 May 2018 | 8 yrs 5 mo | Isupport Farming Private Limited |
People of I Support Farming
2 people are tracked at I Support Farming (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for I Support Farming
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 I Support Farming
Figures of Isupport Farming Private Limited, the primary company behind I Support Farming, for FY 2022. Revenue was ₹12.67 Cr (+55% year on year). Net profit was ₹8.6 Lakh (1% margin). EBITDA was ₹47.4 Lakh (4% margin). Revenue has grown at a compounded annual rate of +27% over three years and +175% over five years.
- ₹12.67 CrRevenue · FY 2022 · +55% YoY
- ₹8.6 LakhNet profit · 1% margin
- ₹47.4 LakhEBITDA · 4% margin
- ₹75,259Paid-up capital
- +27%Revenue CAGR, 3 years
- +175%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Isupport Farming Private Limited are on its company page.
Detailed financial statements for I Support Farming
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 I Support Farming
4 dated milestones of I Support Farming across 5 years, from founding to its latest funding, stage changes and deals.
- Founded I Support Farming is founded.
- Funding First funding round of $284K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $68K.
Competitors of I Support Farming
I Support Farming has 3 listed competitors in our database, 3 of them funded. They include DeHaat, Ayekart and StarAgri.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| agrevolution.in | 2012 | Patna, India | $222.04M | 1,446 | DeHaat is recognized as an online marketplace for farmers. | |
| ayekart.com | 2020 | Mumbai, India | $12.84M | 126 | Agricultural producers and distributors are connected through a service network. | |
| staragri.com | 2006 | Mumbai, India | $89.94M | 5,294 | Integrated services are provided across the agricultural value chain. |
Detailed competitors of I Support Farming
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as I Support Farming (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 I Support Farming
I Support Farming was founded in 2016 and raised its 1st funding round 2 years after it was founded.
I Support Farming is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
I Support Farming is a funded company, having raised a total of $423.07K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $284.29K, raised on Jan 2018.
The primary company behind I Support Farming, Isupport Farming Private Limited, reported revenue of βΉ12.67 Cr for FY 2022, up 55% year on year.
I Support Farming was founded in 2016 and is based in Chennai, India. Operations focus on the agritech sector, where services are delivered to enhance agricultural productivity. Soil sensing technologies are utilized alongside input solutions to support farmers. The company is led by co-founders Vasanth Kumar and Vijayakumar Mani, with core activities centered on technology integration for sustainable farming practices.
I Support Farming offers Farming Support Platform and Working Capital Assistance.
I Support Farming has 6 investors. Key investors include Mohammed Iqbal Shaik, Sudha Iyer, Lakshmi Narayanan, Lakshmi Narayanan, and Ramakrishnan Chandrasekaran.
The valuation of I Support Farming is $5M as of Feb 2019.
I Support Farming operates through Isupport Farming Private Limited.
The legal entities of I Support Farming currently have 3 directors, including Vasanth Kumar Mani, Vijayakumar Mani, Siva Prakasam Arumugam.