About Mahyco
Mahyco is a company based in Jalna (India) founded in 1991. Mahyco has raised $29.27 million across 3 funding rounds from investors including International Finance Corporation, Almet Healthcare and John Fowler Ocular Lenses. The company has 888 employees as of April 07, 2024. Mahyco offers products and services including Hybrid Seeds, Open Pollinated Seeds, and Vegetable Crops Seeds. Mahyco operates in a competitive market with competitors including Corteva Agriscience, Syngenta, Nuziveedu Seeds, NAPIGEN and Protealis, among others.
- Headquarter Jalna, India
- Employees 888 as on 07 Apr, 2024
- 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 Mahyco Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$207.14 M (USD)23.27as on Mar 31, 2023
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Net Profit
$16.09 M (USD)221.55as on Mar 31, 2023
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EBITDA
$12.98 M (USD)37.43as on Mar 31, 2023
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Total Equity Funding
$29.27 M (USD)
in 3 rounds
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Latest Funding Round
$26 M (USD), Series B
Oct 04, 2019
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Investors
International Finance Corporation
& 7 more
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Employee Count
888
as on Apr 07, 2024
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Products & Services of Mahyco
Mahyco offers a comprehensive portfolio of products and services, including Hybrid Seeds, Open Pollinated Seeds, and Vegetable Crops Seeds.
High-quality seeds for enhanced crop yield and resistance
Traditional seeds for diverse farming applications
Seeds designed for vegetable production and market needs
People of Mahyco
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Software Development Team
15 people
Research Team
12 people
Product Management Team
11 people
Associate Team
10 people
Regional Team
5 people
Leadership Team
4 people
Human Resources and Administration
3 people
Finance and Accounting
3 people
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Funding Insights of Mahyco
Mahyco has successfully raised a total of $29.27M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $26 million completed in October 2019. 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 Mahyco
Mahyco has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include International Finance Corporation, Almet Healthcare and John Fowler Ocular Lenses.
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IFC is focused on private sector development in emerging markets.
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Healthcare marketing services are provided to clients by Almet Healthcare.
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Investor details for Mahyco
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Investments & Acquisitions by Mahyco
Investment portfolio details for Mahyco
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Financial Statements - Mahyco
Detailed financials for Mahyco
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Mahyco Comparisons
Peer comparison for Mahyco
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Competitors of Mahyco
Mahyco 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 Corteva Agriscience, Syngenta, Nuziveedu Seeds, NAPIGEN and Protealis, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer and supplier of agricultural farm inputs
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Crop protection solutions and hybrid seeds are provided for farming.
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Improved crop varieties and hybrids are developed and marketed.
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Hybrid crop plants are developed using genome engineering techniques.
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Hybrid field crop seeds are supplied to farmers.
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Detailed competitors of Mahyco
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Latest news on Mahyco
Complete news archive for Mahyco
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Frequently Asked Questions about Mahyco
Mahyco was founded in 1991 and raised its 1st funding round 20 years after it was founded.
Mahyco is headquartered in Jalna, India. It is registered at Jalna, Maharashtra, India.
Sandeep Harsh is the current CEO of Mahyco.
Mahyco is a funded company, having raised a total of $29.27M across 3 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Mahyco is 888.
Annual revenue of Mahyco is $207.14M as on Mar 31, 2023.
Mahyco was established in 1991 in Jalna, India, within the agriculture sector. Hybrid and open-pollinated seeds are developed and supplied for row crops including castor, cotton, maize, mustard, and millet, as well as vegetables such as brinjal, beetroot, cucumber, gourds, radish, and tomato. Operations encompass research, production, processing, and marketing of these seeds. An app-based advisory platform is maintained to support users in the field.
Mahyco's top competitors include Syngenta, Corteva Agriscience and Nuziveedu Seeds.
Mahyco offers Hybrid Seeds, Open Pollinated Seeds, and Vegetable Crops Seeds.
Mahyco has 8 investors. Key investors include International Finance Corporation, Almet Healthcare, John Fowler Ocular Lenses, Sushama Barwale, and Shirish Rajendra Barwale.
The valuation of Mahyco is $15.34M as of Sep 2011.