About Krishivan Technologies
Krishivan Technologies is an Agriculture company based in Bengaluru (India) founded in 2017 by Devendar Penugonda. It operates as a livelihoods of grassroots farmers are improved via agricultural technology. Krishivan Technologies has raised $240 thousand across 2 funding rounds from investors including We Founder Circle, EvolveX and Vikas Agarwal. The company has 1 employees. Its chief executive is Devendar Penugonda. Its Indian entity Krishivan Technologies Private Limited reported revenue of ₹12.74 Cr. Its focus areas include Food and Agriculture Tech, Crop Tech, ECommerce and Farm Inputs. Its competitors include AgriApp, Behtar Zindagi, BioVeda, Pepper Farms and Farmkart and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
Krishivan Technologies was established in 2017 in Bengaluru, India, within the agricultural technology sector. Partnerships are formed with grassroots farmers to boost productivity and income. Training programs and research initiatives are delivered to bolster the agricultural sector. Operations center on providing services that address farmer needs in rural areas.
- Headquarters Bengaluru, India
- Employees 1
- Founders Devendar Penugonda
- SectorsAgriculture
- Website krishivantech.com
- Social LinkedIn
- Legal Name Krishivan Technologies Private Limited
- Date of Incorporation 26 May, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹12.74 Cr
FY 2024 · +1246% YoY
- Net Loss-₹15.9 Lakh
FY 2024 · -1% margin
- EBITDA-₹14.8 Lakh
FY 2024 · -1% margin
- Total Equity Funding$240K (USD)
in 2 rounds
- InvestorsWe Founder Circle
& 2 more
- Employee Count1
Associated legal entities of Krishivan Technologies
Krishivan Technologies operates through Krishivan Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Krishivan Technologies Private Limited CIN U74999KA2020PTC134337 | Active | 26 May 2020 | Bangalore, Karnataka | ₹12.7 Cr | – | 2 | View details |
Funding Insights of Krishivan Technologies
Krishivan Technologies has successfully raised a total of $240K across 2 strategic funding rounds. 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 $240,000
- Total Rounds 2
- First Round $240,000
(Apr 2023)
- Investors Count 3
All 2 funding rounds of Krishivan Technologies 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 |
|---|---|---|---|---|---|
| Nov 2023 | – | Seed | – | – | |
| Apr 2023 | $240,000 | Seed | – | – |
3 investors in total: 2 institutional and 1 angel.
Investors in Krishivan Technologies
Krishivan Technologies has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include We Founder Circle, EvolveX and Vikas Agarwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
Accelerator program offering mentorship, funding, and network access to early-stage startups. | 2021 | evolvexaccelerator.com | Mumbai, India | |
VA Vikas Agarwal | Angel investor, tech entrepreneur, ex-Microsoft, focused on Indian startups | – | unknown_116084302461475d9 | - |
Investor details for Krishivan Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Krishivan Technologies Private Limited (Krishivan Technologies)
Krishivan Technologies Private Limited is the primary company behind Krishivan Technologies. The board of Krishivan Technologies Private Limited currently have 2 directors; the longest-serving is Penugonda Devender, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Penugonda Devender DIN 07507210 | Director | 26 May 2020 | 6 yrs 4 mo | Krishivan Technologies Private Limited |
| Darmasagara Sarvamangala DIN 09674984 | Director | 15 Jul 2022 | 4 yrs 3 mo | Krishivan Technologies Private Limited |
People of Krishivan Technologies
1 people are tracked at Krishivan Technologies (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Devendar Penugonda | Founder & CEO | Leadership |
Complete people profiles for Krishivan Technologies
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Verified entity values are shown only after access is granted.
Financials of Krishivan Technologies
Figures of Krishivan Technologies Private Limited, the primary company behind Krishivan Technologies, for FY 2024. Revenue was ₹12.74 Cr (+1246% year on year). Net loss was -₹15.9 Lakh (-1% margin). EBITDA was -₹14.8 Lakh (-1% margin). Revenue has grown at a compounded annual rate of +3900% over three years.
- ₹12.74 CrRevenue · FY 2024 · +1246% YoY
- -₹15.9 LakhNet loss · -1% margin
- -₹14.8 LakhEBITDA · -1% margin
- ₹80.7 LakhPaid-up capital
- +3900%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Krishivan Technologies Private Limited are on its company page.
Detailed financial statements for Krishivan Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Krishivan Technologies
3 dated milestones of Krishivan Technologies across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Krishivan Technologies is founded.
- Funding First funding round of $240K.
- Funding Latest funding round, Seed,.
Competitors of Krishivan Technologies
Krishivan Technologies has 8 listed competitors in our database, 5 of them funded. They include AgriApp, Behtar Zindagi, BioVeda, Pepper Farms and Farmkart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| agriapp.com | 2014 | Bengaluru, India | $122,101 | 34 | Agricultural supplies and services are delivered via a mobile app. | |
| behtarzindagi.in | 2016 | Delhi, India | – | 10 | Online marketplace for agricultural supplies | |
| biovedaagroventures.com | 2022 | Gurugram, India | $985,574 | 12 | Digital solutions for agriculture are provided to support farmers' operations. | |
| pepperfarms.in | 2021 | Gurugram, India | $1.07M | 1 | Cultivators of organic farm produce using smart greenhouses | |
| farmkartgroup.com | 2017 | Indore, India | $2.35M | 22 | An app-based platform for farming products and services is operated. | |
| khetipoint.com | 2020 | Ahmedabad, India | $65,609 | – | Multi-category agricultural inputs are provided through a hyperlocal app-based marketplace. | |
| khaaddealer.com | 2020 | Mumbai, India | – | 146 | App for fertilizer search, stock updates, and connecting dealers with farmers. | |
| salesbee.io | 2016 | Feldmeilen, Switzerland | – | – | Agriculture inputs are traded through a B2B mobile marketplace. |
Detailed competitors of Krishivan Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Crop Tech & Equipment
10 companies that operate in the same segment as Krishivan Technologies (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 983.39 M | – | – | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Frequently Asked Questions about Krishivan Technologies
Krishivan Technologies was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Krishivan Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Devendar Penugonda is the current CEO of Krishivan Technologies. They have also founded this company.
Krishivan Technologies is a funded company, having raised a total of $240K across 2 funding rounds to date. The company's 1st funding round was a Seed of $240K, raised on Apr 2023.
Krishivan Technologies has 1 employees.
The primary company behind Krishivan Technologies, Krishivan Technologies Private Limited, reported revenue of ₹12.74 Cr for FY 2024, up 1246% year on year.
Krishivan Technologies was established in 2017 in Bengaluru, India, within the agricultural technology sector. Partnerships are formed with grassroots farmers to boost productivity and income. Training programs and research initiatives are delivered to bolster the agricultural sector. Operations center on providing services that address farmer needs in rural areas.
Krishivan Technologies's top competitors include Behtar Zindagi, AgriApp and BioVeda.
Krishivan Technologies has 3 investors. Key investors include We Founder Circle, EvolveX, and Vikas Agarwal.
Krishivan Technologies operates through Krishivan Technologies Private Limited.
The legal entities of Krishivan Technologies currently have 2 directors, including Penugonda Devender, Darmasagara Sarvamangala.