About KiloFarms
KiloFarms is a company based in Chennai (India) founded in 2020 by Sathish R, Hareesh S, Panumathan Panneerselvam, and Jerome Jesuraja Arokiasamy. KiloFarms has raised $2.34 million across 3 funding rounds from investors including Ninjacart, TKN Advisors and TheVentures. The company has 26 employees as of April 08, 2024. KiloFarms offers products and services including Agri Advisory, Farm Inputs, Farm Equipments Access, Farm Labour Services, and Subsidies and Grants. KiloFarms operates in a competitive market with competitors including FBN, DeHaat, Ayekart, StarAgri and Farmers Edge, among others.
- Headquarter Chennai, India
- Employees 26 as on 08 Apr, 2024
- Founders Sathish R, Hareesh S, Panumathan Panneerselvam, Jerome Jesuraja Arokiasamy
- Stage Minicorn
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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 Kilofarms Private Limited
- Date of Incorporation 16 Jun, 2020
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.34 M (USD)
in 3 rounds
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Latest Funding Round
$1.18 M (USD), Series A
Apr 01, 2022
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Investors
Ninjacart
& 18 more
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Employee Count
26
as on Apr 08, 2024
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Products & Services of KiloFarms
KiloFarms offers a comprehensive portfolio of products and services, including Agri Advisory, Farm Inputs, Farm Equipments Access, Farm Labour Services, and Subsidies and Grants.
Assists farmers with technology for better yields and practices.
Delivers quality inputs economically to improve farm productivity.
Arranges affordable machinery to enhance farming efficiency.
Supplies trained labor for best farming practices.
Helps access government benefits for farmers.
Facilitates international marketing and export of produce.
Funding Insights of KiloFarms
KiloFarms has successfully raised a total of $2.34M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.18 million completed in April 2022. 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 3
- Last Round Series A — $1.2M
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First Round
First Round
(09 Sep 2020)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - KiloFarms | Valuation | TheVentures |
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| Aug, 2021 | Amount | Seed - KiloFarms | Valuation | Mistletoe | |
| Sep, 2020 | Amount | Seed - KiloFarms | Valuation | Ninjacart , Ninjacart |
Investors in KiloFarms
KiloFarms has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ninjacart, TKN Advisors and TheVentures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startup investments are provided by TheVentures.
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Founded Year | Domain | Location | |
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A community-focused entity is operated for collective impact initiatives.
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Founded Year | Domain | Location | |
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Startups across sectors are accelerated by Impact Collective.
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Founded Year | Domain | Location |
Investments & Acquisitions by KiloFarms
Financial Statements - KiloFarms
Kilofarms Comparisons
Competitors of KiloFarms
KiloFarms 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 FBN, DeHaat, Ayekart, StarAgri and Farmers Edge, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of farmers networking platform
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| domain | founded_year | HQ Location |
DeHaat is recognized as an online marketplace for farmers.
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| domain | founded_year | HQ Location |
Agricultural producers and distributors are connected through a service network.
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| domain | founded_year | HQ Location |
Integrated services are provided across the agricultural value chain.
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| domain | founded_year | HQ Location |
Precision agriculture solutions and farm data management platforms are provided.
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| domain | founded_year | HQ Location |
Provider of weather information and content marketing services
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Latest news on Kilofarms
Frequently Asked Questions about KiloFarms
KiloFarms was founded in 2020.
KiloFarms is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Jerome Jesuraja Arokiasamy is the current CEO of KiloFarms. They have also founded this company.
KiloFarms is a funded company, having raised a total of $2.34M across 3 funding rounds to date. The company's 1st funding round was a Seed of $271.27K, raised on Sep 09, 2020.
As of Apr 08, 2024, the latest employee count at KiloFarms is 26.
KiloFarms was founded in 2020 in Chennai, India, as an online platform in the agritech sector. Inefficiencies in traditional farming are addressed to enable production of residue-free fruits and vegetables. Services provided include delivery of farm inputs, affordable access to farm machinery, and assistance with subsidies and grants for farmers. Operations focus on supporting agricultural practices across India.
KiloFarms offers Agri Advisory, Farm Inputs, Farm Equipments Access, Farm Labour Services, and 2 more products and services.
KiloFarms has 19 investors. Key investors include Ninjacart, TKN Advisors, TheVentures, Mistletoe, and SIN Capital.
The valuation of KiloFarms is $6.69M as of Apr 2022.