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 & ManufacturingAgriculture
-
Email
***********
-
Phone
*********
-
Social
*********
- Legal Name Krishitek Industries Private Limited
- Date of Incorporation 27 Mar, 2017
- Jurisdiction Kalol, Gujarat, India
-
Annual Revenue
$95.57 K (USD)29.68as on Mar 31, 2022
-
Net Profit
$-37.8 K (USD)-2635.69as on Mar 31, 2022
-
EBITDA
$-18.88 K (USD)-380.32as 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
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Krishitek
Krishitek offers a comprehensive portfolio of products and services, including Power Reaper and Power Weeder. 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.
Harvesting equipment for crops is offered by Krishitek to aid in efficient farming practices
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $98,827
-
First Round
First Round
(14 Aug 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Krishitek | Valuation | Aeml Investment |
|
| Aug, 2021 | Amount | Seed - Krishitek | Valuation | Aeml Investment |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Krishitek
Krishitek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aeml Investment. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Krishitek
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Krishitek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Krishitek Comparisons
Competitors of Krishitek
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Krishitek
When was Krishitek founded?
Krishitek was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Where is Krishitek located?
Krishitek is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Is Krishitek a funded company?
Krishitek is a funded company, having raised a total of $210.61K across 2 funding rounds to date. The company's 1st funding round was a Seed of $111.79K, raised on Aug 14, 2021.
What is the annual revenue of Krishitek?
Annual revenue of Krishitek is $95.57K as on Mar 31, 2022.
What does Krishitek do?
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.
What products or services does Krishitek offer?
Krishitek offers Power Reaper and Power Weeder.
Who are Krishitek's investors?
Krishitek has 1 investor. Key investors include Aeml Investment.