About iConcept
iConcept is an Agriculture company based in Hyderabad (India) founded in 2004 by Gangadhar G and Ajay Kalavala. It operates as a digital transformation solutions are specialized in for agribusiness by iConcept. iConcept has raised $50.77 thousand across 2 funding rounds from investors including Rajendra Kumar Kodityala and Bhavani Shankar. The company has 60 employees. iConcept was last valued at $328.53 thousand in March 2013. Its chief executive is Ajay Kalavala. Its Indian entity Iconcept Software Services Private Limited reported revenue of ₹7.55 Cr. Its focus areas include Food and Agriculture, Field Crops, Farm Monitoring & Management and Farm Business Management. Its competitors include Semios, CropIn, xFarm, CropX and Conservis and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Software company specializing in digital transformation solutions primarily for the agribusiness sector. It focuses on agritech solutions, offering a comprehensive platform that covers the entire crop protection and hybrid seeds value chain. It also uses AI to provide farmers with personalized, context-aware advice on agronomy, nutrient management, pest and disease control, helping improve yields and reduce costs. Its platform empowers agrochemical companies, hybrid seed firms, and agri-market players with tools for channel order management, inventory tracking, field marketing, sales planning, loyalty programs, crop lifecycle tracking, remote sensing for acreage measurement, and procurement optimization.
- Headquarters Hyderabad, India
- Employees 60
- Founders Gangadhar G, Ajay Kalavala
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website conceptglobal.com
- Social LinkedIn X Facebook
- Legal Name Iconcept Software Services Private Limited
- Date of Incorporation 06 Aug, 2004
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹7.55 Cr
FY 2024 · -51% YoY
- Net Profit₹83.2 Lakh
FY 2024 · 11% margin
- EBITDA₹2.13 Cr
FY 2024 · 28% margin
- Total Equity Funding$50.77K (USD)
in 2 rounds
- Latest Funding Round$18.34K (USD), Angel Round
Mar 2013
- Employee Count60
Associated legal entities of iConcept
iConcept operates through Iconcept Software Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iconcept Software Services Private Limited CIN U72200TG2004PTC043845 | Active | 06 Aug 2004 | Hyderabad, Telangana | ₹7.5 Cr | 60 | 2 | View details |
Funding Insights of iConcept
iConcept has successfully raised a total of $50.77K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $18.34 thousand completed in March 2013. 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 $50,774
- Total Rounds 2
- Last Round Angel Round — $18,340
- First Round $32,434
(Jun 2010)
- Investors Count 2
All 2 funding rounds of iConcept 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 2013 | $18,340 | Angel Round | $328,534 | Rajendra Kumar Kodityala | |
| Jun 2010 | $32,434 | Angel Round | $358,903 | Rajendra Kumar Kodityala |
Last known valuation $328,534 (Mar 2013). 2 investors in total: 0 institutional and 2 angel.
Investors in iConcept
iConcept has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Rajendra Kumar Kodityala and Bhavani Shankar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RK Rajendra Kumar Kodityala | - | – | unknown_6376c44e5573442c8 | - |
BS Bhavani Shankar | - | – | unknown_819c73ffef3642e2a | - |
Investor details for iConcept
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 Iconcept Software Services Private Limited (iConcept)
Iconcept Software Services Private Limited is the primary company behind iConcept. The board of Iconcept Software Services Private Limited currently have 2 directors; the longest-serving is Govardhan Gangadhar, appointed in 2008. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Govardhan Gangadhar DIN 02286805 | Whole-time director | 19 Aug 2008 | 18 yrs 2 mo | Iconcept Software Services Private Limited |
| Ajay Kumar Kalavala DIN 03051999 | Managing Director | 24 Apr 2010 | 16 yrs 5 mo | Iconcept Software Services Private Limited |
People of iConcept
3 people are tracked at iConcept (2 in leadership, 1 in team); the tracked headcount is 60.
| Name | Role | Group |
|---|---|---|
Gangadhar G | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
Sandeepp Gonti | Digital Transformation Manager | Team |
Complete people profiles for iConcept
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 iConcept
Figures of Iconcept Software Services Private Limited, the primary company behind iConcept, for FY 2024. Revenue was ₹7.55 Cr (-51% year on year). Net profit was ₹83.2 Lakh (11% margin). EBITDA was ₹2.13 Cr (28% margin). Revenue has grown at a compounded annual rate of -12% over three years and -9% over five years.
- ₹7.55 CrRevenue · FY 2024 · -51% YoY
- ₹83.2 LakhNet profit · 11% margin
- ₹2.13 CrEBITDA · 28% margin
- ₹9.2 LakhPaid-up capital
- 60Employees (provident fund records)
- -12%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iconcept Software Services Private Limited are on its company page.
Detailed financial statements for iConcept
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 iConcept
3 dated milestones of iConcept across 9 years, from founding to its latest funding, stage changes and deals.
- Founded iConcept is founded.
- Funding First funding round of $32K.
- Funding Latest funding round, Angel Round, of $18K.
Competitors of iConcept
iConcept has 9 listed competitors in our database, 9 of them funded. They include Semios, CropIn, xFarm, CropX and Conservis, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| semios.com | 2010 | Vancouver, Canada | $183.72M | 184 | Data and analytics are delivered for precision crop management. | |
| cropin.com | 2010 | Bengaluru, India | $53.99M | 93 | Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making | |
| xfarm.ag | 2017 | Milan, Italy | $60.34M | – | Farm management solutions are delivered via an IoT-sensor platform. | |
| cropx.com | 2013 | Tel Aviv, Israel | $50.5M | – | Provider of wireless sensors for soil moisture monitoring | |
| conservis.ag | 2009 | Minneapolis, United States | $50.3M | 54 | Cloud-based farm management solutions are developed and offered. | |
| granular.ag | 2009 | San Francisco, United States | $48.81M | 61 | SaaS-based farm management software is provided for agricultural data analysis. | |
| barn2door.com | 2015 | Seattle, United States | $13.88M | – | Meats are retailed online and farm management solutions are provided. | |
| arable.com | 2014 | Princeton, United States | $67.4M | – | IoT-based farm monitoring and crop management solutions are provided. | |
| prospera.ag | 2013 | Tel Aviv, Israel | $22M | – | Plant health is monitored via computer vision and sensors. |
Detailed competitors of iConcept
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.
Web traffic of iConcept
The website of iConcept (conceptglobal.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 20.7% vs previous month
Websites whose visitors overlap most with iConcept. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| beatroute.io | 100% | 45.8K | #605,615 | View details | |
| cigniti.com | 82% | 8.9K | #2,464,744 | View details | |
| kore.ai | 82% | 199.5K | #274,890 | View details | |
iconceptstore.in | iconceptstore.in | 73% | – | #1,156,129 | – |
| sparity.com | 49% | 7.2K | #2,871,811 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for iConcept
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Crop Farming & Production
10 companies that operate in the same segment as iConcept (Crop Farming & Production), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Distributor of cannabis products | 2011 | Phoenix, Arizona, United States | USD 21.48 M | USD 99.22 M | 641 | |
Grain trading, processing, and consumer products are handled vertically integrated. | 1905 | Stockholm, Sweden | – | – | – | |
Agricultural commodities are linked from producers to global consumers. | 1911 | Regina, Saskatchewan, Canada | USD 413 M | – | – | |
Cane sugar and related products are refined and marketed globally. | 1998 | West Palm Beach, Florida, United States | – | – | 32 | |
Cultivator and processor of palm oil & rubber | 1985 | London, England, United Kingdom | – | USD 475.33 M | – | |
Cannabis seeds, concentrates, and oils are produced and supplied. | 2005 | Medford, Oregon, United States | USD 750 K | USD 33.09 M | – | |
Diverse products in FMCG, hotels, packaging, and agri-business are offered. | 1910 | Kolkata, West Bengal, India | – | USD 8.78 B | 47,360 | |
Provider of agricultural equipment and engineering solutions | 1996 | Winnipeg, Manitoba, Canada | USD 50 M | USD 1.04 B | – | |
Cooperative organization for milk production, animal health, and dairy services in India. | 1946 | Anand, Gujarat, India | – | USD 44.2 M | 571 | |
Agrochemicals and seeds are manufactured and supplied globally. | 1956 | Laverton, Western Australia, Australia | – | USD 2.27 B | 3,160 |
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Frequently Asked Questions about iConcept
iConcept was founded in 2004 and raised its 1st funding round 6 years after it was founded.
iConcept is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ajay Kalavala is the current CEO of iConcept. They have also founded this company.
iConcept is a funded company, having raised a total of $50.77K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $32.43K, raised on Jun 2010.
iConcept has 60 employees.
The primary company behind iConcept, Iconcept Software Services Private Limited, reported revenue of ₹7.55 Cr for FY 2024, down 51% year on year.
Software company specializing in digital transformation solutions primarily for the agribusiness sector. It focuses on agritech solutions, offering a comprehensive platform that covers the entire crop protection and hybrid seeds value chain. It also uses AI to provide farmers with personalized, context-aware advice on agronomy, nutrient management, pest and disease control, helping improve yields and reduce costs. Its platform empowers agrochemical companies, hybrid seed firms, and agri-market players with tools for channel order management, inventory tracking, field marketing, sales planning, loyalty programs, crop lifecycle tracking, remote sensing for acreage measurement, and procurement optimization.
iConcept has 2 investors. Key investors include Rajendra Kumar Kodityala, and Bhavani Shankar.
The valuation of iConcept is $328.53K as of Mar 2013.
iConcept operates through Iconcept Software Services Private Limited.
The legal entities of iConcept currently have 2 directors, including Govardhan Gangadhar, Ajay Kumar Kalavala.