KiloFarms

Chennai, India Founded: 2020 • Age: 6 yrs Minicorn
Tech-enabled services are offered to farmers through an online platform.

About KiloFarms

KiloFarms is an Agriculture company based in Chennai (India) founded in 2020 by Sathish R, Hareesh S, Panumathan Panneerselvam, and Jerome Jesuraja Arokiasamy. Tech-enabled services are offered to farmers through an online platform. KiloFarms has raised $2.34 million across 3 funding rounds from investors including Ninjacart, TKN Advisors and TheVentures. The company has 26 employees. KiloFarms was last valued at $6.69 million in April 2022. Its chief executive, as recorded, is Jerome Jesuraja Arokiasamy. Its Indian entity Kilofarms Private Limited reported revenue of β‚Ή70.03 Cr. KiloFarms offers products and services including Agri Advisory, Farm Inputs, Farm Equipments Access, Farm Labour Services, and Subsidies and Grants. Its focus areas include Food and Agriculture Tech, Crop Tech, Farming as a Service and Tech Enabled Services. Its competitors include DeHaat, Ayekart and StarAgri; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Chennai, India
  • Employees 26
  • Founders Sathish R, Hareesh S, Panumathan Panneerselvam, Jerome Jesuraja Arokiasamy
  • Stage Minicorn
  • Sectors
    Agriculture
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website kilofarms.com
  • Social LinkedIn X Facebook
  • Legal Name Kilofarms Private Limited
  • Date of Incorporation 16 Jun, 2020
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹70.03 Cr

    FY 2023 · +174% YoY

  • Net Loss
    -₹4.32 Cr

    FY 2023 · -6% margin

  • EBITDA
    -₹4.11 Cr

    FY 2023 · -6% margin

  • Total Equity Funding
    $2.34M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.18M (USD), Series A

    Apr 2022

  • Investors
    Ninjacart

    & 18 more

  • Employee Count
    26

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.

Agri Advisory
Consulting Services

Assists farmers with technology for better yields and practices.

Farm Inputs
Agricultural Supplies

Delivers quality inputs economically to improve farm productivity.

Farm Equipments Access
Equipment Services

Arranges affordable machinery to enhance farming efficiency.

Farm Labour Services
Labor Support

Supplies trained labor for best farming practices.

Subsidies and Grants
Financial Assistance

Helps access government benefits for farmers.

Exports Services
Logistics Support

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 $2.34M
  • Total Rounds 3
  • Last Round Series A β€” $1.18M
  • First Round $271,266

    (Sep 2020)

  • Investors Count 19

All 3 funding rounds of KiloFarms with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$1.18MSeries A$6.69MTheVentures
–
Aug 2021$895,742Seed$5.12MMistletoe
Sep 2020$271,266Seed$β€’β€’β€’β€’β€’Ninjacart, Ninjacart
Valuation history
DateValuationStage
Apr 2022$6.69Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2021$5.12Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.69M (Apr 2022). 19 investors in total: 7 institutional and 12 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage startup investments are provided by TheVentures.
theventures.coSeocho, South Korea
A community-focused entity is operated for collective impact initiatives.
mistletoe.coSingapore, Singapore
Startups across sectors are accelerated by Impact Collective.
impactcollective.earthSeoul, South Korea
Serves as a value-added, strategy-focused real estate fund.
2009sincapital.comSingapore, Singapore
Diversified investment management is handled from Bengaluru, India.
2018tkna.coBengaluru, India
B2B platform offering vegetables and fruits
2015ninjacart.comBengaluru, India
ninjacart.in

Yoonho Choi

unknown_66406b1dffd647e18

Taggeun Lee

unknown_a83b994dba714b848

Daehyun Kim

Angel investor in Indian startups, focused on tech and innovation.
unknown_f0a79ca2ba3c41f2b
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Investor details for KiloFarms

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Board of directors of Kilofarms Private Limited (KiloFarms)

Kilofarms Private Limited is the primary company behind KiloFarms. The board of Kilofarms Private Limited currently have 3 directors; the longest-serving is Panumathan Panneerselvam, appointed in 2020. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Panumathan Panneerselvam
DIN 08764035
Director16 Jun 20206 yrs 4 moKilofarms Private Limited
Arokiasamy Jerome Jesuraja
DIN 08764036
Director16 Jun 20206 yrs 4 moKilofarms Private Limited
Kartheeswaran Karandipalayam Kandasamy
DIN 07201869
Nominee Director19 Jul 20233 yrs 3 moKilofarms Private Limited

People of KiloFarms

4 people are tracked at KiloFarms (4 in leadership); the tracked headcount is 26.

NameRoleGroup
Sathish R
Co-FounderLeadership
Hareesh S
Co-FounderLeadership
Co-FounderLeadership
Co-Founder & CEOLeadership
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Complete people profiles for KiloFarms

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  • Team structure
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Financials of KiloFarms

Figures of Kilofarms Private Limited, the primary company behind KiloFarms, for FY 2023. Revenue was ₹70.03 Cr (+174% year on year). Net loss was -₹4.32 Cr (-6% margin). EBITDA was -₹4.11 Cr (-6% margin).

  • ₹70.03 CrRevenue · FY 2023 · +174% YoY
  • -₹4.32 CrNet loss · -6% margin
  • -₹4.11 CrEBITDA · -6% margin
  • ₹4.9 LakhPaid-up capital
  • 26Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Kilofarms Private Limited are on its company page.

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Detailed financial statements for KiloFarms

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Timeline of KiloFarms

4 dated milestones of KiloFarms across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded KiloFarms is founded.
  2. Funding First funding round of $271K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $1.2M.

Competitors of KiloFarms

KiloFarms has 3 listed competitors in our database, 3 of them funded. They include DeHaat, Ayekart and StarAgri.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
agrevolution.in2012Patna, India$222.04M1,446
DeHaat is recognized as an online marketplace for farmers.
ayekart.com2020Mumbai, India$12.84M126
Agricultural producers and distributors are connected through a service network.
staragri.com2006Mumbai, India$89.94M5,294
Integrated services are provided across the agricultural value chain.
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Detailed competitors of KiloFarms

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Top companies in Crop Tech & Equipment

3 companies that operate in the same segment as KiloFarms (Crop Tech & Equipment) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Manufacturer and distributor of irrigation equipment
1963Jalgaon, Maharashtra, IndiaUSD 679.04 M12,280
AgroStar is engaged in providing agricultural products and solutions.
2013Pune, Maharashtra, IndiaUSD 208.82 MUSD 31.86 M1,249
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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 CEO of KiloFarms, as recorded in our data. 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 2020.

KiloFarms has 26 employees.

The primary company behind KiloFarms, Kilofarms Private Limited, reported revenue of β‚Ή70.03 Cr for FY 2023, up 174% year on year.

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's top competitors include DeHaat, StarAgri and Ayekart.

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.

KiloFarms operates through Kilofarms Private Limited.

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