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Agriculture Support Company Seeking Loan in Chennai, India

Business seeks loan to develop customized agritech system for crops to improve productivity and yield.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Agriculture Support
Locations  Chennai
Local Time 12:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 93 thousand for 10.0% annual interest, 5 years (Native Currency: INR 8,000,000)
Reason: Procuring products such as sensors and other raw materials.
Start operations and acquire clients.
Collateral Available: USD 0
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Business Name
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Business Overview
The business aims to revolutionize agriculture through advanced technology and physical systems that can optimize crop production, improve yield and quality, and reduce costs and environmental impact.
The business focuses on two crops: tea and cassava, which are important crops with significant economic and nutritional value in many regions, especially in Asia and Africa.
Business will offer customized hardware and software solutions that are tailored to the specific needs of different crops or regions. The solutions use sensors, actuators, software, and data analysis to monitor and control various parameters related to soil, weather, water, fertilizers, pests, diseases, etc.
We will primarily cater to B2B corporate customers engaged in contract farming or large-scale farming operations by supplying specialized solutions. We also plan to expand our business model to include subscription-based services for individual farmers with a freemium app and a blockchain platform.
The business has a strong team of experts, developers, and salespeople who have extensive experience and knowledge in the field of agriculture technology. The founder and CEO of the business has four decades of industrial experience in various sectors and a deep understanding of the pain points of farmers.
The business has established strategic partnerships with one of the largest tea plantations for field trials of TeaCPS and a renowned agricultural university for field trials and validation of RootCPS. It has also received positive feedback and testimonials from its early customers.
The business has a clear vision and mission to lead the global transformation of agriculture into a smart, connected, and sustainable industry.
We strive to empower farmers and agribusinesses to achieve unprecedented productivity, profitability, and environmental stewardship while attracting new talent.
The business has set ambitious growth targets: Subscription base for the freemium app: 1 million farmers in 2 years, 10 million in 5 years, and 50 million in 15 years. It aims to achieve these targets by focusing on innovation, customer satisfaction, scalability, and expansion.
Sensors are manufactured by other companies, we will buy and assemble them here and integrate them with the software.
Singed MoU with Tamil Nadu Agricultural Organization for field test and product purchase.
We will offer subscription-based services for individual farmers.
These are affordable and user-friendly services that offer access solutions through a freemium app and a blockchain platform, enabling farmers to benefit from data-driven insights and recommendations for their crops.
The main users of these products and services are farmers and agribusinesses who want to adopt modern and sustainable agricultural technologies. This includes small-scale and marginal farmers, as well as large-scale and commercial farmers, who grow tea and cassava crops in India and other regions.
Products & Services Overview
Customized cyber-physical systems for tea and cassava crops. These are smart systems that use sensors, actuators, and software to monitor and optimize crop production, improve yield and quality, and reduce costs and environmental impact.
We will have B2B contract farming partnerships. These are strategic partnerships with corporate customers engaged in contract farming or large-scale farming operations, providing them with solutions that streamline agricultural practices and improve productivity and profitability.
Assets Overview
Tangible assets that we are going to buy:
- Hardware components, such as sensors, actuators, and drones.
- Office equipment, such as computers, printers, and phones.
- Vehicles such as cars, trucks, and bikes.
Intangible assets:
- Software systems, such as data analysis, predictive models, and decision support.
- Brand name and logo.
- Customer relationships and testimonials.
- Strategic partnerships and network.
- Intellectual property rights, such as patents, and trademarks.
Facilities Overview
Have a coworking facility in Chennai city.
Capitalization Overview
The business is bootstrapped and to date has not received any funding from private or government agencies.
Business has 2 partners with 99.99% and 0.01% share split.
Recent Activity
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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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