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Agriculture Support Company Investment Opportunity in Bangalore, India

Interdisciplinary online platform with an AI grading system for farmers from harvesting till selling crops.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 20 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 0 - 10 %
Industries Agriculture Support + 1 more
Locations  Bangalore
Local Time 9:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: - To expand agriculture and market database. - To increase the efficiency of the ML model. - Impro... View More
Includes physical assets worth USD 2.4 thousand
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Business Overview

- Company runs an interdisciplinary online platform with an AI grading system, used by farmers for selling and distributing crops.

- Have developed software with patented hardware systems for grading of maize, certain fruits, and Ayurvedic herbs like Moringa Oleifera leaves. Patents are applied in India and Germany.

- Our platform allows farmers to grade, negotiate, sell, and transport their commodities from farms to the wholesaler's warehouse. Currently, the web platform, mobile apps are in the beta phase with access provided only for our registered users and vendors. We expect to publicly launch the platform and mobile apps by the end of the year.

- Have 5,000 farmers in Karnataka with up to 7,500 acres of the farming area registered with us.

- We have around 60 transportation service providers and 4-5 global conglomerates in maize industries such as Cargill as our clients.

- Revenue model: We charge a commission fee of 0.5-2% on sales, based on the type of commodity sold.

- Have a sustained exponential growth rate of 10-20% every year.

- Our CEO was awarded as the "Most promising CEO" from the Karnataka Chamber of Commerce, India.

- Our company has MOU with the University of Agricultural Sciences Bangalore.

- Selected as top 30 startups by MANAGE, Government of India to present for INR 25 lakhs (USD 34,000) grant this year.

- Have a home-office branch in Munich, Germany to handle onboarding and support for wholesale buyers in the European region.

- 1% of the company is owned by C-camp an incubator arm of Indian Institute of Sciences (IISC, Bangalore) for technical support to better the grading mechanism.

Products & Services Overview

1. We have in house crop grading mechanism using AI and deep tech with agricultural data.

2. Mobile application for grading the crops selling and buying of maize, fruits, and moringa oleifera both B2B and B2C.

3. Web application for selling and buying the crops (B2B and B2C).

Assets Overview

Two patents, two laptops, two moisture measuring instruments, one web application, one integrated mobile application with AI tools.

Facilities Overview

1. We have office space rented from the University of Agriculture Sciences, Bangalore with a built-up area of 100 sq meters based on our MOU signed with them.

2. We have a rented warehouse and packing center in Bengaluru with a space of 550 sq meters near to our office.

3. Have a home office branch in Munich.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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