About InnoFarms
InnoFarms is a company based in Jaipur (India) founded in 2019 by Sudhanshu Gupta. Fruit processing and transportation services are provided by InnoFarms. InnoFarms has raised $542.69 thousand across 5 funding rounds from investors including Gajendra Kumar Jangid, Ruchit Agarwal and Plyush Maheshwa Ri. InnoFarms was last valued at $19.11 million in July 2022. Its Indian entity Snl Innovations Private Limited reported revenue of ₹2.60 Cr.
Company details
InnoFarms was established in 2019 in Jaipur, India, by Sudhanshu Gupta. Operations are focused on the agricultural sector, where fruits are processed and transported. Services encompass handling raw fruits through processing stages and managing logistics for distribution. The company is based in Jaipur, with activities centered on the Indian market to support regional supply chains. Core functions are managed under the founders oversight.
- Headquarters Jaipur, India
- Founders Sudhanshu Gupta
- Stage Minicorn
- Email••••••••
- Phone•••• ••••
- Website innofarms.co.in
- Social LinkedIn Facebook
- Legal Name Snl Innovations Private Limited
- Date of Incorporation 06 Jun, 2019
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹2.60 Cr
FY 2024 · +116% YoY
- Net Profit₹7.4 Lakh
FY 2024 · 3% margin
- EBITDA₹30.7 Lakh
FY 2024 · 12% margin
- Total Equity Funding$542.69K (USD)
in 5 rounds
- Latest Funding Round$44.54K (USD), Seed
Dec 2025
- InvestorsIIMA Ventures
& 21 more
Associated legal entities of InnoFarms
InnoFarms operates through Snl Innovations 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 |
|---|---|---|---|---|---|---|---|
| Snl Innovations Private Limited CIN U29306RJ2019PTC065174 | Active | 06 Jun 2019 | Jaipur, Rajasthan | ₹2.6 Cr | 3 | View details |
Funding Insights of InnoFarms
InnoFarms has successfully raised a total of $542.69K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $44.54 thousand completed in December 2025. 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 $542,689
- Total Rounds 5
- Last Round Seed — $44,541
- First Round $153,333
(Aug 2020)
- Investors Count 22
All 5 funding rounds of InnoFarms 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 |
|---|---|---|---|---|---|
| Dec 2025 | $44,541 | Seed | – | Indigram labs | – |
| Mar 2025 | $233,119 | Seed | – | Benzai10 Investment Ventures | – |
| Jul 2022 | $91,556 | Angel Round | $19.11M | Gajendra Kumar Jangid, Ruchit Agarwal | |
| Jul 2021 | $20,140 | Seed | – | IIMA Ventures | – |
| Aug 2020 | $153,333 | Seed | $1.33M | Amla Samnata, Manju Jumad |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2022 | $19.11M | •••••••• |
| Aug 2020 | $1.33M | •••••••• |
Last known valuation $19.11M (Jul 2022). 22 investors in total: 3 institutional and 19 angel.
Investors in InnoFarms
InnoFarms has secured backing from 22 investors, including angel and venture fund investors. Prominent investors backing the company include Gajendra Kumar Jangid, Ruchit Agarwal and Plyush Maheshwa Ri.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | Ahmedabad, India | ||
| indigramlabs.org | ||||
| benzai10.co.in | ||||
GK Gajendra Kumar Jangid | unknown_e533c7a284fc4e638 | |||
RA Ruchit Agarwal | Co-founder of CARS24, active angel investor in Indian startups | unknown_61a91c4a70ef45ba9 | ||
PM Plyush Maheshwa Ri | unknown_41ae46a683b54bde8 | |||
AB Ankur Bhargava | Angel investor and entrepreneur, focused on tech startups in India. | unknown_808d8f169e1f46219 | ||
PP Puneet Pannalal | unknown_5fb7effff7994fa4a | |||
AM Ankit Mheta | unknown_ff253220ea5e46e9a | |||
AM Abhishek Modi | unknown_077aad7c8dc94d6e8 |
Investor details for InnoFarms
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 Snl Innovations Private Limited (InnoFarms)
Snl Innovations Private Limited is the primary company behind InnoFarms. The board of Snl Innovations Private Limited currently have 3 directors; the longest-serving is Liza Mittal, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Liza Mittal DIN 08468153 | Director | 06 Jun 2019 | 7 yrs 4 mo | Snl Innovations Private Limited |
| Jyoti Gupta DIN 08468154 | Director | 06 Jun 2019 | 7 yrs 4 mo | Snl Innovations Private Limited |
| Sudhanshu Gupta DIN 08585241 | Director | 11 Oct 2019 | 7 yrs | Snl Innovations Private Limited |
People of InnoFarms
1 people are tracked at InnoFarms (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for InnoFarms
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 InnoFarms
Figures of Snl Innovations Private Limited, the primary company behind InnoFarms, for FY 2024. Revenue was ₹2.60 Cr (+116% year on year). Net profit was ₹7.4 Lakh (3% margin). EBITDA was ₹30.7 Lakh (12% margin). Revenue has grown at a compounded annual rate of +89% over three years.
- ₹2.60 CrRevenue · FY 2024 · +116% YoY
- ₹7.4 LakhNet profit · 3% margin
- ₹30.7 LakhEBITDA · 12% margin
- ₹1.8 LakhPaid-up capital
- +89%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Snl Innovations Private Limited are on its company page.
Detailed financial statements for InnoFarms
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 InnoFarms
4 dated milestones of InnoFarms across 6 years, from founding to its latest funding, stage changes and deals.
- Founded InnoFarms is founded.
- Funding First funding round of $153K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $45K.
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Frequently Asked Questions about InnoFarms
InnoFarms was founded in 2019 and raised its 1st funding round 1 year after it was founded.
InnoFarms is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
InnoFarms is a funded company, having raised a total of $542.69K across 5 funding rounds to date. The company's 1st funding round was a Seed of $153.33K, raised on Aug 2020.
The primary company behind InnoFarms, Snl Innovations Private Limited, reported revenue of ₹2.60 Cr for FY 2024, up 116% year on year.
InnoFarms was established in 2019 in Jaipur, India, by Sudhanshu Gupta. Operations are focused on the agricultural sector, where fruits are processed and transported. Services encompass handling raw fruits through processing stages and managing logistics for distribution. The company is based in Jaipur, with activities centered on the Indian market to support regional supply chains. Core functions are managed under the founders oversight.
InnoFarms has 22 investors. Key investors include Gajendra Kumar Jangid, Ruchit Agarwal, Plyush Maheshwa Ri, Ankur Bhargava, and Puneet Pannalal.
The valuation of InnoFarms is $19.11M as of Jul 2022.
InnoFarms operates through Snl Innovations Private Limited.
The legal entities of InnoFarms currently have 3 directors, including Liza Mittal, Jyoti Gupta, Sudhanshu Gupta.