SaaS-based Agri-Tech Startup CropIn Registers a 300% Growth
25 Feb 2019 12:18 AM GMT
Backed by Chiratae Ventures (formerly IDG Ventures India) and the Bill & Melinda Gates Foundation Strategic Investment Fund (London & Seattle), SaaS-based agri-tech solutions provider, CropIn registers a 3X recurring revenue growth in the last five quarters, and aims to reach 6 million farmers by 2022 with 15
- SaaS-based Agri-Tech Startup CropIn Registers a 300% Growth Backed by Chiratae Ventures (formerly IDG Ventures India) and the Bill & Melinda Gates Foundation Strategic Investment Fund (London & Seattle), SaaS-based agri-tech solutions provider, CropIn registers a 3X recurring revenue growth in the last five quarters, and aims to reach 6 million farmers by 2022 with 15 million acres being monitored through its platform.
- CropIn has partnered with over 185+ clients across 30 countries in Asia, Europe, Africa, and the Americas, enriching the lives of over 2.1 million farmers by digitizing over 5 million acres of farmlands.
- In November, the company had raised $8 million in a Series B financing from Chiratae Ventures and the Bill & Melinda Gates Foundation Strategic Investment Fund (London and Seattle).
- CropIn’s global expansion journey began in 2018 with client partnerships across South-East Asia, Europe, Africa and the Americas.
- The project aims to assist 4.15 lakh farmers across 30 districts of Karnataka in digitizing 3.4 lakh acres of farmlands.
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