About OnoArk
OnoArk is a company based in Bengaluru (India) founded in 2021 by Hemanth Balled, Rama Kancharapu, and Yayati Boruah. OnoArk has raised $5.19 million across 4 funding rounds from investors including Indigram Labs, Vananam and Aeravti Ventures. OnoArk operates in a competitive market with competitors including Kynetec, Smartwyre, Abastores, Mercaris and Cabbige, among others.
- Headquarter Bengaluru, India
- Founders Hemanth Balled, Rama Kancharapu, Yayati Boruah
- 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 Ono Ark India Private Limited
- Date of Incorporation 10 Jun, 2021
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$5.63 K (USD)3647.59as on Mar 31, 2023
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Net Profit
-$149.64 K (USD)8.99as on Mar 31, 2023
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EBITDA
-$145.77 K (USD)9.94as on Mar 31, 2023
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Total Equity Funding
$5.19 M (USD)
in 4 rounds
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Latest Funding Round
$1.32 M (USD), Seed
Apr 03, 2024
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Investors
Indigram Labs
& 8 more
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Employee Count
Not available
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Funding Insights of OnoArk
OnoArk has successfully raised a total of $5.19M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.32 million completed in April 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 OnoArk
OnoArk has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Indigram Labs, Vananam and Aeravti Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in deep-tech, climate-tech, and agri-tech sectors with a focus on integrated bottom line values.
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Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors.
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Private equity firm focused on multiple sectors
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Investor details for OnoArk
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Investments & Acquisitions by OnoArk
Investment portfolio details for OnoArk
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Financial Statements - OnoArk
Detailed financials for OnoArk
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Onoark Comparisons
Peer comparison for OnoArk
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Competitors of OnoArk
OnoArk 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 Kynetec, Smartwyre, Abastores, Mercaris and Cabbige, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of market research and insights focused on animal health and agriculture
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Input pricing software is developed for agricultural distributors.
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Provider of business analytics software for agribusiness
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Provider of market data and trading platform for organic & non-GMO commodities
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Provider of a pricing tool for vegetable growers
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Database services for agricultural supplies and companies are provided.
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Detailed competitors of OnoArk
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Latest news on Onoark
Complete news archive for OnoArk
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Frequently Asked Questions about OnoArk
OnoArk was founded in 2021.
OnoArk is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rama Kancharapu is the current CEO of OnoArk. They have also founded this company.
OnoArk is a funded company, having raised a total of $5.19M across 4 funding rounds to date.
Annual revenue of OnoArk is $5.63K as on Mar 31, 2023.
ONO was founded in 2021 in Bengaluru, India, as a cloud-based platform in the agritech sector. Wholesale prices, market discovery, and distribution services are offered to farmers. AI and machine learning are utilized for price predictions, trend analysis, and real-time notifications. Pre- and post-harvesting decisions are supported through these features. A mobile application is provided on the Android platform.
OnoArk has 9 investors. Key investors include Indigram Labs, Vananam, Aeravti Ventures, Purple Sunbird Holdings, and Udai Bhan Singh Sisodia.
The valuation of OnoArk is $7.66M as of May 2022.