About Mivipro
Mivipro is an Agriculture company based in Erode (India) founded in 2019. Plant-based crop protection solutions are provided for farmers. Mivipro has raised $254.64 thousand across 3 funding rounds from investors including Cisco, LetsVenture and Social Alpha. Mivipro was last valued at $1.22 million in May 2023. Its Indian entity Mivipro Products Private Limited reported revenue of ₹80 Lakh. Mivipro offers products and services including Herboliv+. Its focus areas include Food and Agriculture Tech, Crop Tech, Farm Inputs and Biologicals.
Company details
Mivipro was founded in 2019 in Erode, India, as a provider in the agriculture sector focused on crop protection. Botanical extracts and natural products are combined to create solutions that mask crop odors and render produce unpalatable to wild animals. Organic integrity is preserved, and shelf life challenges are addressed. These solutions apply to crops including flowers, fruits, vegetables, spices, tea, coffee, greenhouse varieties, and cash crops.
- Headquarters Erode, India
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Phone•••• ••••
- Website miviproproducts.com
- Social Facebook Instagram
- Legal Name Mivipro Products Private Limited
- Date of Incorporation 04 Dec, 2019
- Jurisdiction Erode, Tamil Nadu, India
- Annual Revenue₹80 Lakh
FY 2023 · +20% YoY
- Net Loss-₹57 Lakh
FY 2023 · -71% margin
- EBITDA-₹56.1 Lakh
FY 2023 · -70% margin
- Total Equity Funding$254.64K (USD)
in 3 rounds
- Latest Funding Round$51.15K (USD), Grant
Jun 2023
- InvestorsCisco
& 22 more
Associated legal entities of Mivipro
Mivipro operates through Mivipro Products Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mivipro Products Private Limited CIN U01820TZ2019PTC033101 | Active | 04 Dec 2019 | Erode, Tamil Nadu | ₹0.8 Cr | 3 | View details |
Products & Services of Mivipro
Mivipro offers a comprehensive portfolio of products and services, including Herboliv+.
Bio repellent that protects crops from animals and boosts growth naturally
Funding Insights of Mivipro
Mivipro has successfully raised a total of $254.64K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $51.15 thousand completed in June 2023. 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 $254,643
- Total Rounds 3
- Last Round Grant — $51,145
- First Round $155,167
(May 2022)
- Investors Count 23
All 3 funding rounds of Mivipro 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 |
|---|---|---|---|---|---|
| Jun 2023 | $51,145 | Grant | – | Social Alpha | |
| May 2023 | $99,476 | Seed | $1.22M | Social Alpha | |
| May 2022 | $155,167 | Seed | $1.18M | Social Alpha, LetsVenture |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $1.22M | •••••••• |
| May 2022 | $1.18M | •••••••• |
Last known valuation $1.22M (May 2023). 23 investors in total: 4 institutional and 19 angel.
Investors in Mivipro
Mivipro has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Cisco, LetsVenture and Social Alpha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable startups are supported via innovation curation and venture funding. | socialalpha.org | Bengaluru, India | ||
AI and saas based cloud security solutions | 1984 | cisco.com | San Jose, United States | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
KD Kalgudi Deepak | unknown_97cb8a991d8e4d5ba | |||
SM Sivaraman Mohanraj | unknown_91ca25aae1464619a | |||
JC Jehathambikai Chellathurai Giri | unknown_30dd6fa55afd4ea09 | |||
KL Karuppiah Lakshmanan | unknown_76f9946bb50e48fba | |||
RS Ram Solaiappan | unknown_4b8f4c1b6b35480db | |||
U Unnamalai | unknown_384b5091f1e04cc3a |
Investor details for Mivipro
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Mivipro Products Private Limited (Mivipro)
Mivipro Products Private Limited is the primary company behind Mivipro. The board of Mivipro Products Private Limited currently have 3 directors; the longest-serving is Gobi Venkatasubramania Chetty Viswanathan, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gobi Venkatasubramania Chetty Viswanathan DIN 01882573 | Director | 04 Dec 2019 | 6 yrs 10 mo | Mivipro Products Private Limited |
| Gobichettipalayam Viswanathan Sudharsan DIN 01775601 | Managing Director | 04 Dec 2019 | 6 yrs 10 mo | Mivipro Products Private Limited |
| Lakshmanan Karuppiah Chettiar DIN 02884927 | Nominee Director | 03 Jun 2022 | 4 yrs 5 mo | Mivipro Products Private Limited |
People of Mivipro
1 people are tracked at Mivipro (1 in leadership).
| Name | Role | Group |
|---|---|---|
G V Sudarshan | Managing Director | Leadership |
Complete people profiles for Mivipro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Mivipro
Figures of Mivipro Products Private Limited, the primary company behind Mivipro, for FY 2023. Revenue was ₹80 Lakh (+20% year on year). Net loss was -₹57 Lakh (-71% margin). EBITDA was -₹56.1 Lakh (-70% margin). Revenue has grown at a compounded annual rate of +111% over three years.
- ₹80 LakhRevenue · FY 2023 · +20% YoY
- -₹57 LakhNet loss · -71% margin
- -₹56.1 LakhEBITDA · -70% margin
- ₹3 LakhPaid-up capital
- +111%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mivipro Products Private Limited are on its company page.
Detailed financial statements for Mivipro
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Mivipro
4 dated milestones of Mivipro across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Mivipro is founded.
- Funding First funding round of $155K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Grant, of $51K.
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Mivipro (Crop Tech & Equipment) in India, 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 | |
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 |
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Frequently Asked Questions about Mivipro
Mivipro was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Mivipro is headquartered in Erode, India. It is registered at Erode, Tamil Nadu, India.
Mivipro is a funded company, having raised a total of $254.64K across 3 funding rounds to date. The company's 1st funding round was a Seed of $155.17K, raised on May 2022.
The primary company behind Mivipro, Mivipro Products Private Limited, reported revenue of ₹80 Lakh for FY 2023, up 20% year on year.
Mivipro was founded in 2019 in Erode, India, as a provider in the agriculture sector focused on crop protection. Botanical extracts and natural products are combined to create solutions that mask crop odors and render produce unpalatable to wild animals. Organic integrity is preserved, and shelf life challenges are addressed. These solutions apply to crops including flowers, fruits, vegetables, spices, tea, coffee, greenhouse varieties, and cash crops.
Mivipro offers Herboliv+.
Mivipro has 23 investors. Key investors include Cisco, LetsVenture, Social Alpha, Abhi Kiran Agro Farms, and Kalgudi Deepak.
The valuation of Mivipro is $1.22M as of May 2023.
Mivipro operates through Mivipro Products Private Limited.
The legal entities of Mivipro currently have 3 directors, including Gobi Venkatasubramania Chetty Viswanathan, Lakshmanan Karuppiah Chettiar, Gobichettipalayam Viswanathan Sudharsan.