About KisanServ
KisanServ is a Retail company based in Pune (India) founded in 2015 by Praveen Tiwary. Fresh produce is retailed through stores and online platforms. It operates in the Retail and Agriculture sectors. KisanServ has raised $2.94 million across 5 funding rounds from investors including Sandeep Lagdapati, Shashikant Marathe and Lakshman Ramachandran. KisanServ was last valued at $30.68 million in April 2022. Its Indian entity Dss Agrisolutions Private Limited reported revenue of ₹33.04 Cr. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Fruits and Vegetables. Its competitors include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed competitors have raised funding.
Company details
KisanServ was founded in 2015 in Pune, India, as an omnichannel retailer in the fresh produce sector. Fruits and vegetables are sourced directly from farmers and sold pre-packaged to ensure freshness and hygiene. Operations include physical stores for in-store pickup and an online platform for quick delivery. Trained staff support customer service across both channels.
- Headquarters Pune, India
- Founders Praveen Tiwary
- Stage Minicorn
- SectorsRetailAgriculture
- Email••••••••
- Phone•••• ••••
- Website kisanserv.com
- Social LinkedIn X Facebook
- Legal Name Dss Agrisolutions Private Limited
- Date of Incorporation 28 Apr, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹33.04 Cr
FY 2023 · +116% YoY
- Net Loss-₹11.47 Cr
FY 2023 · -35% margin
- EBITDA-₹11.06 Cr
FY 2023 · -33% margin
- Total Equity Funding$2.94M (USD)
in 5 rounds
- Latest Funding Round$146.93K (USD), Angel Round
Jul 2023
Associated legal entities of KisanServ
KisanServ operates through Dss Agrisolutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dss Agrisolutions Private Limited CIN U01500PN2015PTC154861 | Active | 28 Apr 2015 | Pune, Maharashtra | ₹33.0 Cr | 63 | 2 | View details |
Funding Insights of KisanServ
KisanServ has successfully raised a total of $2.94M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $146.93 thousand completed in July 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 $2.94M
- Total Rounds 5
- Last Round Angel Round — $146,928
- First Round $660,100
(Mar 2021)
- Investors Count 34
All 5 funding rounds of KisanServ 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 |
|---|---|---|---|---|---|
| Jul 2023 | $146,928 | Angel Round | – | – | – |
| Jan 2023 | $387,717 | Angel Round | – | – | – |
| Apr 2022 | $1.31M | Angel Round | $30.68M | Sandeep Lagdapati | |
| Dec 2021 | $435,976 | Angel Round | $32.85M | – | |
| Mar 2021 | $660,100 | Angel Round | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $30.68M | •••••••• |
| Dec 2021 | $32.85M | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of KisanServ
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $30.68M (Apr 2022). 34 investors in total: 0 institutional and 34 angel.
Investors in KisanServ
KisanServ has secured backing from 34 investors, including angel investors. Prominent investors backing the company include Sandeep Lagdapati, Shashikant Marathe and Lakshman Ramachandran.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SL Sandeep Lagdapati | unknown_ec1252cfbfa04ed7a | |||
SM Shashikant Marathe | unknown_19e09aeb28d243e7b | |||
LR Lakshman Ramachandran | unknown_988d7b40b97b441ca | |||
KP Kamesh Pulya | unknown_9918e0731bec4babb | |||
AS Ardeshir Sethna | unknown_a8fa5207296a4f96a | |||
MV Mitesh Visaria | unknown_8b9fa739874a46089 | |||
SA Saroop Aggarwal | unknown_81a40b56ab0e4a7d9 | |||
JD Jasraj Dalvi | unknown_651319b12980470fb | |||
NG Nilesh Gaikwad | unknown_1061057acf2d4902a | |||
PN Prakash Nandwani | unknown_4db55e42ca324e35a |
Investor details for KisanServ
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Board of directors of Dss Agrisolutions Private Limited (KisanServ)
Dss Agrisolutions Private Limited is the primary company behind KisanServ. The board of Dss Agrisolutions Private Limited currently have 2 directors; the longest-serving is Arun Kumar, appointed in 2021. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Kumar DIN 09036792 | Director | 18 Nov 2021 | 4 yrs 11 mo | Dss Agrisolutions Private Limited |
| Niranjan Sharma DIN 09403242 | Director | 18 Nov 2021 | 4 yrs 11 mo | Dss Agrisolutions Private Limited |
People of KisanServ
14 people are tracked at KisanServ (4 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CDO & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder & CFO | Leadership | |
Shubham Walapkar | City Head | Leadership |
Mangesh Sathe | CC Incharge | Team |
Mayur Kadu . | Warehouse Manager | Team |
Aherar Ahmad | Collecton Center Incharge | Team |
Mahendra Kamble | Operations And Warehouse Manager | Team |
Kunal Bhosale | Warehouse Operations Executive | Team |
Sanchita Udhane | Warehouse Operation Executive | Team |
Sachin Hirgal | Retail Store Manager | Team |
Anand Nalavade | Procurement | Team |
Ramkrishna shinde | Business Development Manager | Team |
Priya Rai | Inventory Controller | Team |
Complete people profiles for KisanServ
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Financials of KisanServ
Figures of Dss Agrisolutions Private Limited, the primary company behind KisanServ, for FY 2023. Revenue was ₹33.04 Cr (+116% year on year). Net loss was -₹11.47 Cr (-35% margin). EBITDA was -₹11.06 Cr (-33% margin). Revenue has grown at a compounded annual rate of +74% over three years and +172% over five years.
- ₹33.04 CrRevenue · FY 2023 · +116% YoY
- -₹11.47 CrNet loss · -35% margin
- -₹11.06 CrEBITDA · -33% margin
- ₹1.1 LakhPaid-up capital
- 63Employees (provident fund records)
- +74%Revenue CAGR, 3 years
- +172%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dss Agrisolutions Private Limited are on its company page.
Detailed financial statements for KisanServ
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of KisanServ
4 dated milestones of KisanServ across 8 years, from founding to its latest funding, stage changes and deals.
- Founded KisanServ is founded.
- Funding First funding round of $660K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $147K.
Competitors of KisanServ
KisanServ has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. |
Detailed competitors of KisanServ
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Top companies in Food & Grocery Retail
3 companies that operate in the same segment as KisanServ (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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Related news about Kisanserv
Complete news archive for KisanServ
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Frequently Asked Questions about KisanServ
KisanServ was founded in 2015 and raised its 1st funding round 6 years after it was founded.
KisanServ is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
KisanServ is a funded company, having raised a total of $2.94M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $660.1K, raised on Mar 2021.
The primary company behind KisanServ, Dss Agrisolutions Private Limited, reported revenue of ₹33.04 Cr for FY 2023, up 116% year on year.
KisanServ was founded in 2015 in Pune, India, as an omnichannel retailer in the fresh produce sector. Fruits and vegetables are sourced directly from farmers and sold pre-packaged to ensure freshness and hygiene. Operations include physical stores for in-store pickup and an online platform for quick delivery. Trained staff support customer service across both channels.
KisanServ has 34 investors. Key investors include Sandeep Lagdapati, Shashikant Marathe, Lakshman Ramachandran, Kamesh Pulya, and Ardeshir Sethna.
The valuation of KisanServ is $30.68M as of Apr 2022.
KisanServ operates through Dss Agrisolutions Private Limited.
The legal entities of KisanServ currently have 2 directors, including Arun Kumar, Niranjan Sharma.