Equity Fundraise for Agritech Startup : Remote Sensing Software

By Sapna
Posted On: 21 / Sep / 2022
0 585

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Agriculture
Charge

Deal Status

Active

Deal Description

1. Industry Sector : Agritech Supply chain based out of Bengaluru

2. Breif Description : Remote Sensing Powered Apps providing all satellite based farm insights on fingertips.Company is into Satellite remote sensing, crop health analysis along with tools to map & monitor farms and weather data & IOT device. Large Scale farm mapping and traceability tools to map and monitor thousands of farms. Company has made geotagging farmer fields more streamlined and a faster process. The interconnected app ecosystem facilitates clients to map fields through  android app and monitor, manage, and access data of the mapped fields through robust and advanced web-app.

3. ASK : $0.5M for Bridge Round 

4. Utilization of Funds: -
-Team Building: 30%
- Advancing Product Dev and R&D : 40%
- Marketing Strategy 30%

5. Current Monthly Revenue : Rs. 15 Lakh 

6. Market Size in India : Rs 100Bn +

7. Traction : B2B Clients in Australia, Germany, Uzbekistan, Nigeria, Egypt, 1 Million + Hectares Monitored  

Attached Files

icon Remote Sensing Agri Startup deck pdf

Deal Value
4 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
5 Crore