About iConcept
iConcept is a company based in Hyderabad (India) founded in 2004 by Gangadhar G and Ajay Kalavala. iConcept has raised $50.77 thousand across 2 funding rounds from investors including Rajendra Kumar Kodityala and Bhavani Shankar. The company has 60 employees as of April 05, 2024. iConcept operates in a competitive market with competitors including Semios, CropIn, xFarm, CropX and Conservis, among others.
- Headquarter Hyderabad, India
- Employees 60 as on 05 Apr, 2024
- Founders Gangadhar G, Ajay Kalavala
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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 Iconcept Software Services Private Limited
- Date of Incorporation 06 Aug, 2004
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$1.85 M (USD)35.2as on Mar 31, 2023
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Net Profit
$550.2 K (USD)416.29as on Mar 31, 2023
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EBITDA
$115.64 K (USD)-54.13as on Mar 31, 2023
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Total Equity Funding
$50.77 K (USD)
in 2 rounds
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Latest Funding Round
$18.34 K (USD), Angel Round
Mar 25, 2013
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Investors
& 1 more
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Employee Count
60
as on Apr 05, 2024
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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.
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 |
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Rajendra Kumar Kodityala |
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Bhavani Shankar |
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Investor details for iConcept
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Investments & Acquisitions by iConcept
Investment portfolio details for iConcept
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Financial Statements - iConcept
Detailed financials for iConcept
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Iconcept Comparisons
Peer comparison for iConcept
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Competitors of iConcept
iConcept 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 Semios, CropIn, xFarm, CropX and Conservis, among others.
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Data and analytics are delivered for precision crop management.
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Provider of farm management software solutions utilizing artificial intelligence and earth observation technology for improved crop productivity and decision-making
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Farm management solutions are delivered via an IoT-sensor platform.
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Provider of wireless sensors for soil moisture monitoring
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Cloud-based farm management solutions are developed and offered.
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SaaS-based farm management software is provided for agricultural data analysis.
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Detailed competitors of iConcept
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Latest news on Iconcept
Complete news archive for iConcept
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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.
As of Apr 05, 2024, the latest employee count at iConcept is 60.
Annual revenue of iConcept is $1.85M as on Mar 31, 2023.
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.