About InI Farms
InI Farms is a company based in Mumbai (India) founded in 2009 by Sitanshu Sheth, Shardul Sheth, Purnima Khandelwal, and Pankaj Khandelwal was acquired by Agrostar in March 2022.. InI Farms has raised $21.8 million across 10 funding rounds from investors including AgroStar, Unilazer Ventures and Lightrock India. InI Farms offers products and services including Kimaye Branded Fruits, Fresh Products, and Processed Products. InI Farms operates in a competitive market with competitors including Urban Harvest, Dr Jackfruit, Freshtrop, Sorted and MKC Agro Fresh, among others.
- Headquarter Mumbai, India
- Founders Sitanshu Sheth, Shardul Sheth, Purnima Khandelwal, Pankaj Khandelwal
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Products & Services of InI Farms
InI Farms offers a comprehensive portfolio of products and services, including Kimaye Branded Fruits, Fresh Products, and Processed Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Superior quality fruits with assured safety and social benefits.
High-quality fruits and vegetables for export and domestic markets.
Processed fruits meeting global safety standards for various uses.
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Funding Insights of InI Farms
InI Farms has successfully raised a total of $21.8M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $1.95 million completed in April 2023. 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 Total Funding
- Total Rounds 10
- Last Round Series A — $1.9M
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First Round
First Round
(17 Jun 2010)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - InI Farms | Valuation | Aavishkaar Capital |
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| May, 2022 | Amount | Series A - InI Farms | Valuation |
investors |
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| Jan, 2020 | Amount | Series A - InI Farms | Valuation | Lightrock India , Aspada Investments |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in InI Farms
InI Farms has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include AgroStar, Unilazer Ventures and Lightrock India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm
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Founded Year | Domain | Location | |
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Private equity firm focused on healthcare, renewable energy, education, and other sectors
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Founded Year | Domain | Location | |
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Foundation fund focusing on growth stage companies based out of India
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by InI Farms
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - InI Farms
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ini Farms Comparisons
Competitors of InI Farms
InI Farms 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 Urban Harvest, Dr Jackfruit, Freshtrop, Sorted and MKC Agro Fresh, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Urban Harvest is engaged in providing fresh cut fruits and vegetables.
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| domain | founded_year | HQ Location |
Organic jackfruit products are branded and distributed by Dr Jackfruit.
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| domain | founded_year | HQ Location |
Supplier of grapes and pomegranates
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| domain | founded_year | HQ Location |
Fresh fruits and vegetables are supplied to urban retailers.
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| domain | founded_year | HQ Location |
Fruits are wholesaled by MKC Agro Fresh from Delhi.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ini Farms
Frequently Asked Questions about InI Farms
When was InI Farms founded?
InI Farms was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is InI Farms located?
InI Farms is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of InI Farms?
Shardul Sheth is the current CEO of InI Farms. They have also founded this company.
Is InI Farms a funded company?
InI Farms is a funded company, having raised a total of $21.8M across 10 funding rounds to date. The company's 1st funding round was a Series A of $422.38K, raised on Jun 17, 2010.
What does InI Farms do?
Provider of farming services to horticulture industries. It claims to offer services like technical guidance, access to inputs and markets, orchard management, contract farming, and more. It claims to offer its services to farmers, investors, growers, and more and claims to use global food agricultural practices.
Who are the top competitors of InI Farms?
InI Farms's top competitors include Urban Harvest, Freshtrop and Dr Jackfruit.
What products or services does InI Farms offer?
InI Farms offers Kimaye Branded Fruits, Fresh Products, and Processed Products.
Who are InI Farms's investors?
InI Farms has 19 investors. Key investors include AgroStar, Unilazer Ventures, Lightrock India, Samridhi Fund, and Aavishkaar Capital.
What is InI Farms's valuation?
The valuation of InI Farms is $53.18M as of May 2022.