About Krishify
Krishify is a company based in Gurugram (India) founded in 2019 by Rajesh Ranjan.. Krishify has raised $13.08 million across 4 funding rounds from investors including Ankur Capital, Appyhigh and Orios Venture Partners. The company has 38 employees as of April 05, 2024. Krishify offers products and services including Farmers App, Digital Micro Communities, and Remote Sensing. Krishify operates in a competitive market with competitors including Farm Dog, Gro Intelligence, Farmobile, AgTech Tools and Iden Biotechnology, among others.
- Headquarter Gurugram, India
- Employees 38 as on 05 Apr, 2024
- Founders Rajesh Ranjan
- 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 Farmstock Technologies Private Limited
- Date of Incorporation 05 Feb, 2019
- Jurisdiction West Delhi, Delhi, India
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Annual Revenue
$265.88 K (USD)-8.45as on Mar 31, 2023
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Net Profit
$-2.05 M (USD)-25.5as on Mar 31, 2023
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EBITDA
$-2.09 M (USD)-25.32as on Mar 31, 2023
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Total Equity Funding
$13.08 M (USD)
in 4 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Oct 20, 2022
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Investors
Ankur Capital
& 10 more
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Employee Count
38
as on Apr 05, 2024
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Products & Services of Krishify
Krishify offers a comprehensive portfolio of products and services, including Farmers App, Digital Micro Communities, and Remote Sensing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for farmer engagement and personalized crop advisories.
Platform for crop-focused farmer interactions and support.
Service for crop monitoring and risk minimization using technology.
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Funding Insights of Krishify
Krishify has successfully raised a total of $13.08M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in October 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 4
- Last Round Series A — $6.5M
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First Round
First Round
(31 May 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Krishify | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - Krishify | Valuation | Omnivore | |
| Feb, 2021 | Amount | Seed - Krishify | Valuation | Ankur Capital , Omidyar Network India |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Krishify
Krishify has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Ankur Capital, Appyhigh and Orios Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Agritech startups are funded by Omnivore, a venture capital entity.
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Founded Year | Domain | Location | |
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Early-stage investments in digital, climate, and deep science technologies.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Krishify
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Krishify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Krishify Comparisons
Competitors of Krishify
Krishify 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 Farm Dog, Gro Intelligence, Farmobile, AgTech Tools and Iden Biotechnology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Farm activity management software is developed for mapping and tracking.
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| domain | founded_year | HQ Location |
Operates as a platform for agricultural data insights and forecasting.
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| domain | founded_year | HQ Location |
Agricultural machinery data is collected and interpreted in real time.
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| domain | founded_year | HQ Location |
Real-time agricultural market data and analytics are provided.
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| domain | founded_year | HQ Location |
Biological products are developed for crop protection and nutrition.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Krishify
Frequently Asked Questions about Krishify
When was Krishify founded?
Krishify was founded in 2019.
Where is Krishify located?
Krishify is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Krishify a funded company?
Krishify is a funded company, having raised a total of $13.08M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.7M, raised on May 31, 2019.
How many employees does Krishify have?
As of Apr 05, 2024, the latest employee count at Krishify is 38.
What is the annual revenue of Krishify?
Annual revenue of Krishify is $265.88K as on Mar 31, 2023.
What does Krishify do?
Krishify was founded in 2019 and is based in Gurugram, India, within the agritech sector. An app-based platform is operated to link farmers with retailers, facilitating discussions on farming topics. Services are provided for retailers to sell farm inputs, along with access to weather updates and inventory management tools. Operations focus on streamlining agricultural supply chains in the region.
Who are the top competitors of Krishify?
Krishify's top competitors include Farm Dog, Farmobile and Iden Biotechnology.
What products or services does Krishify offer?
Krishify offers Farmers App, Digital Micro Communities, and Remote Sensing.
Who are Krishify's investors?
Krishify has 11 investors. Key investors include Ankur Capital, Appyhigh, Orios Venture Partners, Omnivore, and Omidyar Network India.
What is Krishify's valuation?
The valuation of Krishify is $18.64M as of Jan 2022.
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