About Krishi Trade
Krishi Trade is a Retail company based in Mumbai (India) founded in 2017 by K Satyanarayana. SaaS-based marketplace for insured farm produce trading is offered. It operates in the Retail and Agriculture sectors. Its Indian entity Lai Televentures Limited reported revenue of ₹2.8 Lakh. Its focus areas include Food and Agriculture Tech, Aquaculture Tech, ECommerce and Farm Produce. Its competitors include HyperPure, BigHaat and FarMart; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2017 and based in Mumbai, India, the company operates in the agritech sector. A SaaS-based B2B marketplace platform is provided for trading farm produce and agricultural products, including cross-border payment gateways. An integrated insurance platform is also offered to facilitate trade credit and comprehensive general insurance coverage for agricultural transactions.
- Headquarters Mumbai, India
- Founders K Satyanarayana
- SectorsRetailAgriculture
- Email••••••••
- Phone•••• ••••
- Website krishitrade.com
- Social X Facebook
- Legal Name Lai Televentures Limited
- Date of Incorporation 20 Jan, 2012
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹2.8 Lakh
FY 2021 · -99% YoY
- Net Loss-₹6.7 Lakh
FY 2021 · -238% margin
- EBITDA-₹6.7 Lakh
FY 2021 · -238% margin
- Investors
Associated legal entities of Krishi Trade
Krishi Trade operates through Lai Televentures Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lai Televentures Limited CIN U74999MH2012PLC226274 | Active | 20 Jan 2012 | Navi Mumbai, Maharashtra | ₹0.0 Cr | 4 | View details |
Funding Insights of Krishi Trade
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Krishi Trade 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 2018 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Krishi Trade
Krishi Trade has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Maharashtra State Innovation Society.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Promotion of innovation and digital services in Maharashtra. | 2017 | msins.in | Mumbai, India |
Investor details for Krishi Trade
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Lai Televentures Limited (Krishi Trade)
Lai Televentures Limited is the primary company behind Krishi Trade. The board of Lai Televentures Limited currently have 4 directors; the longest-serving is Mukesh Manakchand Gandhi, appointed in 2018. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Manakchand Gandhi DIN 08018522 | Additional Director | 03 Sep 2018 | 8 yrs 1 mo | Lai Televentures Limited |
| Ankush Maruti Shelar DIN 06709008 | Director | 07 Oct 2020 | 6 yrs | Lai Televentures Limited |
| Pramod Tukaram Wakode DIN 06897863 | Director | 30 Apr 2022 | 4 yrs 5 mo | Lai Televentures Limited |
| Naga Satyanarayana Kosuru DIN 03261051 | Director | 30 Apr 2022 | 4 yrs 5 mo | Lai Televentures Limited |
People of Krishi Trade
1 people are tracked at Krishi Trade (1 in leadership).
| Name | Role | Group |
|---|---|---|
K Satyanarayana | Co-Founder | Leadership |
Complete people profiles for Krishi Trade
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Krishi Trade
Figures of Lai Televentures Limited, the primary company behind Krishi Trade, for FY 2021. Revenue was ₹2.8 Lakh (-99% year on year). Net loss was -₹6.7 Lakh (-238% margin). EBITDA was -₹6.7 Lakh (-238% margin). Revenue has grown at a compounded annual rate of -53% over three years.
- ₹2.8 LakhRevenue · FY 2021 · -99% YoY
- -₹6.7 LakhNet loss · -238% margin
- -₹6.7 LakhEBITDA · -238% margin
- ₹5 LakhPaid-up capital
- -53%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lai Televentures Limited are on its company page.
Detailed financial statements for Krishi Trade
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Krishi Trade
2 dated milestones of Krishi Trade across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Krishi Trade is founded.
- Funding First funding round.
Competitors of Krishi Trade
Krishi Trade has 3 listed competitors in our database, 3 of them funded. They include HyperPure, BigHaat and FarMart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hyperpure.com | 2015 | Delhi, India | $1.11M | 3,302 | Food industry ingredients are supplied via a B2B platform. | |
| bighaat.com | 2015 | Bengaluru, India | $24.76M | 205 | Quality agri-inputs and information are delivered through an e-commerce platform. | |
| farmart.co | 2015 | Gurugram, India | $51.11M | 296 | SaaS-based B2B solutions for food supply chains are provided. |
Detailed competitors of Krishi Trade
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as Krishi Trade (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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Frequently Asked Questions about Krishi Trade
Krishi Trade was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Krishi Trade is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Krishi Trade, Lai Televentures Limited, reported revenue of ₹2.8 Lakh for FY 2021, down 99% year on year.
Founded in 2017 and based in Mumbai, India, the company operates in the agritech sector. A SaaS-based B2B marketplace platform is provided for trading farm produce and agricultural products, including cross-border payment gateways. An integrated insurance platform is also offered to facilitate trade credit and comprehensive general insurance coverage for agricultural transactions.
Krishi Trade has 1 investor. Key investors include Maharashtra State Innovation Society.
Krishi Trade operates through Lai Televentures Limited.
The legal entities of Krishi Trade currently have 4 directors, including Pramod Tukaram Wakode, Naga Satyanarayana Kosuru, Ankush Maruti Shelar and others.