Krishitek

Ahmedabad, India Founded: 2012 • Age: 14 yrs
Manufacturing of agricultural machinery and equipment is undertaken by Krishitek in India.
Annual revenue $95,574 Latest available
Total funding $210,612 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Krishitek

Krishitek is a company based in Ahmedabad (India) founded in 2012. Krishitek has raised $210.61 thousand across 2 funding rounds from investors including Aeml Investment. Krishitek offers products and services including Power Reaper and Power Weeder.

  • Headquarter Ahmedabad, India
  • Sectors
    Industrial Goods & Manufacturing
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Social
    Locked
  • Legal Name Krishitek Industries Private Limited
  • Date of Incorporation 27 Mar, 2017
  • Jurisdiction Kalol, Gujarat, India
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $95.57 K (USD)
    29.68
    as on Mar 31, 2022
  • Net Profit
    -$37.8 K (USD)
    -2635.69
    as on Mar 31, 2022
  • EBITDA
    -$18.88 K (USD)
    -380.32
    as on Mar 31, 2022
  • Total Equity Funding
    $210.61 K (USD)

    in 2 rounds

  • Latest Funding Round
    $98.83 K (USD), Seed

    Jun 08, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Krishitek

Krishitek offers a comprehensive portfolio of products and services, including Power Reaper and Power Weeder.

Product name locked
Category locked
Primary

Harvesting equipment for crops is offered by Krishitek to aid in efficient farming practices

Product name locked
Category locked
Locked

Weeding equipment for field maintenance is provided by Krishitek to enhance agricultural productivity

Funding Insights of Krishitek

Krishitek has successfully raised a total of $210.61K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $98.83 thousand completed in June 2024. 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.

Investors in Krishitek

Krishitek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aeml Investment.

All
Institutional
Investor Description Founded Year Domain Location
-
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Investments & Acquisitions by Krishitek

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Investment portfolio details for Krishitek

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Financial Statements - Krishitek

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Krishitek Comparisons

Krishitek Primary company
Description
Manufacturing of agricultural machinery and equipment is und...
Location
Ahmedabad, India
Founded Year
2012
Annual Revenue
$95.57 K (USD)
Net Profit
-$37.8 K (USD)
EBITDA
-$18.88 K (USD)
Employees
Not available
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Peer comparison for Krishitek

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Competitors of Krishitek

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Latest news on Krishitek

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Frequently Asked Questions about Krishitek

Krishitek was founded in 2012 and raised its 1st funding round 9 years after it was founded.

Krishitek is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Krishitek is a funded company, having raised a total of $210.61K across 2 funding rounds to date.

Annual revenue of Krishitek is $95.57K as on Mar 31, 2022.

Krishitek is identified as a manufacturer of advanced agricultural machinery in India, where products like power reapers and weeders are designed and developed to support mechanized farming. Customer-centric services and spare parts are offered to maximize value for farmers investments, as reflected in testimonials about performance. The company emphasizes Make in India initiatives, providing attachments and tools that enhance efficiency in crop harvesting and weeding operations, while maintaining a focus on reliability and accessibility.

Krishitek offers Power Reaper and Power Weeder.

Krishitek has 1 investor. Key investors include Aeml Investment.

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