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 Erode

Organizing the tender coconut supply chain by creating end-to-end technologies in growing, processing, and distribution.

Key Business Facts
Yearly Sales USD 540 thousand
EBIDTA Margin 29 %
Industries Agriculture
Locations  Erode
Business Overview
Acquired a 250-acre coconut plantation with 17,500 coconut trees as part of a contract farming program.
Created a farming strategy that focuses on processes to produce premium-grade delicate tender coconut.
We created an internal supply chain for our portfolio farms and we sell 2.5 lacks of fresh, delicate coconut on a monthly basis.
Generating INR 35-40 lakh of monthly income with a 20% rise month over month (Expected to reach INR 70 lakh in next 6 months)
Constructing a collection facility with a 10k fresh tender coconut processing capability per day to purchase tender coconut from farmers directly.
Developing a cloud-based technological solution to enable traceability to the supply chain and farming of tender coconuts.
Business has no liability and has 2 equal directors.
This is a B2B business. Selling the tender coconuts to vendors and wholesalers.
Leased farmlands are in Tamil Nadu (150 acres) and Karnataka (100 acres)
Started the business with 15 acres of land.
Started the operations in the mid of last year so our revenue for the last year was less.
Products & Services Overview
We grow and sell fresh tender coconut by applying technology & farming consulting.
Capitalization Overview
Currently bootstrapped from founders who have invested around INR 1.75 Cr capital + (INR 1.75 Cr loan from our friends and family circle)
Assets Overview
Physical assets include agricultural machinery, equipment, tools and building on the leased land.
Partial Stake Sale
USD 400 thousand for 33.0% stake (Native Currency: INR 37,500,000)
Reason: Scaling contract farming. Operating collection center. Scaling team (including tech, operation, an... View More
Includes physical assets worth USD 53 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp