About Indigram labs
Indigram labs, an accelerator and incubator program founded in 2015, is based in Delhi, India. With a presence in 3 countries, it has supported around 119 startups in sectors like Food and Agriculture Tech, Enterprise Applications. As of Oct 2026, Indigram labs has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Farmley, TractorJunction and Balwaan Krishi. The program is backed by a team of 19 people who primarily support Seed startups based in India. Its latest investment was a $1.3M Seed round in Myca on Oct 07, 2026, which also saw participation from Kriscore and Eximius Ventures.
Key Metrics
Founded Year
2015
Location
Delhi, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment
Indigram labs' List of Top Investments
Indigram labs has a portfolio of 119 companies. Their most notable investments are in Growcoms and SUIND.Their portfolio spans across India, United States and United Kingdom. They have invested in Food and Agriculture Tech, Enterprise Applications, Consumer and 25 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Indigram labs:1. Farmley
Online retailer of assorted nuts, seeds, dried fruits, and mixes. The company provides various trail mixes, dried fruits, and date-based desserts. It offers products such as roasted cashews and almonds, seed mixes, and dried cranberries. The business also sells quinoa and flax seeds.
Key facts about Farmley
- Founded Year: 2017
- Location: Noida (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $56.9M
- Employee Count: 408 as on Aug 31, 2025
- Investors: Trifecta Capital, L Catterton and 19 Others
- Latest Funding Round: Series C, May 09, 2025, $*****
- Highlight: Editors' Pick
Online retailer of new and used tractors and farm equipment. It provides a platform for buying and selling tractors, implements, and harvesters. The website offers options for comparing different tractor models. It also provides information regarding loans and related news.
Key facts about TractorJunction
- Founded Year: 2017
- Location: Alwar (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $25.9M
- Employee Count: 154 as on Aug 31, 2025
- Investors: Omnivore, Info Edge Ventures and 14 Others
- Latest Funding Round: Series A, Nov 19, 2025, $*****
- Highlight: Editors' Pick
Manufacturer of agricultural machinery and farming tools designed to improve efficiency and productivity. The company provides a wide range of equipment including power weeders, brush cutters, sprayers, power reapers, water pumps, chainsaws, and earth augers. These products are developed to assist with various farming activities such as land preparation, crop care, harvesting, and plantation work. The equipment is designed to be effective and convenient for use in diverse field conditions, helping to reduce manual effort and support daily agricultural operations.
Key facts about Balwaan Krishi
- Founded Year: 2016
- Location: Jaipur (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $16.9M
- Employee Count: 198 as on May 01, 2026
- Investors: Caspian, JM Financial Private Equity and 14 Others
- Latest Funding Round: Series B, Sep 18, 2026, $*****
- Highlight: Editors' Pick

4. Maalexi
Online B2B marketplace offering farm products. It offers rice, palm oil, garlic, onions, oranges, jaggery powder, avocados, sunflower oil, wheat flour, green papayas, bananas, and more. It also offers products on an installment basis.
Key facts about Maalexi
- Founded Year: 2021
- Location: Wilmington (United States)
- Stage: Seed
- Total Funding till date: $3.4M
- Employee Count: 28 as on May 31, 2026
- Investors: Citi, Ankurit Capital and 4 Others
- Latest Funding Round: Conventional Debt, Jan 30, 2025, $*****
- Highlight: Editors' Pick
5. AgriVijay
Retailer of renewable energy products for agricultural and rural households. This business provides solar, biogas, electric, and organic farming equipment to support energy independence. Offerings include solar water pumps, heaters, dryers, and lighting systems, alongside electric tools and waste treatment solutions. The business model utilizes a network of physical stores to distribute these products and provide technical support. Customers receive assistance with product selection, financing, and maintenance to facilitate the adoption of sustainable energy technologies in rural settings.
Key facts about AgriVijay
Indigram labs' Year-on-Year Investment Trends
Indigram labs has invested in 119 companies over the last 10 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Oct 2026, it has made 2 investments in this year. Its most recent first time investment was in Myca and most recent follow-on round was in Farmwatt.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 5 | 2 | 7 |
2024 | 8 | 3 | 11 |
2023 | 9 | 1 | 10 |
2022 | 3 | 1 | 4 |
2021 | 4 | 1 | 5 |
2020 | 8 | 0 | 8 |
2019 | 3 | 0 | 3 |
2018 | 4 | 0 | 4 |
Indigram labs' Investments by Stage
Indigram labs has made 46 investments in Seed stage with an average round size of $368K and 1 investment in Series A stage with an average round size of $3M.Stage of entry | No. of Investments |
|---|---|
Seed | 46 |
Series A | 1 |
Note: We have considered here, only first round of investments
Indigram labs' Investments by Sector
Indigram labs has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Consumer, Sustainability Tech, Enterprise Applications and Environment Tech. Notably, it has invested in 86 Enterprise (B2B) companies, 86 Tech companies, 37 Consumer (B2C) companies and at least 28 companies focusing on Software.Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 34 |
Consumer | 14 |
Sustainability Tech | 14 |
Enterprise Applications | 13 |
Environment Tech | 12 |
Others | 71 |
Note: We have considered here, only first round of investments
Indigram labs' Investments by Geography
Indigram labs has made most investments in India (47).Indigram labs' recent investments
Indigram labs has made 2 investments in 2026 so far - Myca and Bettrlabs.Here are the most recent investments by Indigram labs:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 07, 2026 | India | Seed | 4710 | [+1] | |
Jan 30, 2026 | India | Seed | 9344 | [+4] | |
Dec 01, 2025 | India | Seed | 6152 | - | |
Sep 06, 2025 | India | Seed | 6536 | [+3] | |
Aug 06, 2025 | India | Seed | 5261 | [+9] |
Acquired companies in Indigram labs' Portfolio
2 companies from Indigram labs' portfolio have been acquired. The most recent acquisition was Nutaste FDL in Dec 2021 by Keva Flavours for $*****.Here are Indigram labs' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 14, 2021 | - | - | 3791 | |
Feb 22, 2021 | Apr 23, 2018 | Seed | 9508 |
Team profile of Indigram labs
Indigram labs has a team of 19 members including 5 Partners and 1 Venture Partner located in India. Indigram labs' team sits on the board of 1 company.Here is a list of top team members in Indigram labs:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Nashik | |||
Partner | - | - | - | |
Partner | Nashik | - | - | |
Partner | - | - | ||
Partner | Delhi | - | - | |
Venture Partner | - | - |
Co-investors of Indigram labs
Over the past 10 years, 1094 investors have co-invested in Indigram labs's portfolio companies. This includes funds and angels.
- Invested before Indigram labs: Hindustan Media Ventures, LVX and 471 others have invested in rounds before Indigram labs. There are 2 companies where Hindustan Media Ventures has invested before Indigram labs and 2 companies where LVX has invested before Indigram labs.
- Top Co-investors of Indigram labs: 239 investors entered a company along with Indigram labs. These include investors like Angel List (3 companies).
- Invested after Indigram labs: A total of 382 investors have invested in Indigram labs's portfolio after their investments. Top Investors include Omnivore (5 companies) and Info Edge Ventures (3 companies).
Recent News related to Indigram labs
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Indian AI agribusiness startup Myca raises $1.3m pre-seed fundingTech in Asia•Oct 07, 2026•Eximius Ventures, Myca, Indigram labs, Kriscore
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FarmDidi secures INR 7 Cr seed funding led by Samved Ventures to empower rural women.Enablers•Sep 12, 2025•LVX, SamVed VC, Farm Didi, Indigram labs and 3 others
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D2C grocery startup Anmasa raises $1.1 Mn in pre-seed roundStartupNews•Aug 27, 2025•Anmasa, Snow Leopard Global, Veltis Capital, Blume Venture and 2 others
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Citrus Freight has raised INR 2.5 Cr in a bridge funding round from Caret Capital, and othersEnablers•May 19, 2025•Citrus Freight, Indigram labs, Caret Capital
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Indian Startups Secure Significant Funding Across Various SectorsEnablers•May 12, 2025•Citrus Freight, Caret Capital, Indigram labs
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Reefer container shipping platform Citrus Freight raises Rs 2.5 crore in a bridge funding roundIndian Startup News•May 12, 2025•Citrus Freight, Caret Capital, Indigram labs
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Delhi-based dairy startup Doodhvale Farms raises $3M from Atomic CapitalYourStory•Nov 20, 2024•Doodhvale, Atomic Capital, Singularity Capital, Bharat Founders Fund and 3 others
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The Weekend Leader - AI Startup EcoRatings Raises $1 Million in Pre-Seed FundingThe Weekend Leader.com•May 30, 2024•Ecoratings, We Founder Circle, 888vc, Vinners and 2 others
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Agri-tech company ONO raises Rs 11 crore in seed funding round to empower supply chainIndiatimes•Apr 03, 2024•ONO, Aeravti Ventures, Indigram labs
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New Leaf raises Rs 6.15 Cr pre-Series A roundEntrackr•Sep 15, 2022•New Leaf Dynamic Technologies, Good Ventures, Villgro, CEEW and 3 others
