Faarms - About the company
Faarms is a series A company based in Bengaluru (India), founded in 2020 by Aditya Khanna, Taranbir Singh and Alok Duggal. It operates as a Provider of digital agricultural solutions. Faarms has raised $12M in funding, with a current valuation of $*****. The company has 197 active competitors, including 49 funded and 4 that have exited. Its top competitors include companies like Ambrook, Samunnati and Growers Edge.
Company Details
Provider of digital agricultural solutions. They simplifies access to loans and insurance by partnering with multiple leading banks and financial institutions. They offer a transparent and secure process for comparing personal,business and home loans as well as life,health and vehicle insurance products.
- Website
- faarms.in
- Email ID
- *****@bscxpress.com
- Phone Number
- +91 **********
- Registered Address
- 1, Aerocity Premises Co Op Soc Ltd, No. 3030, 3rd Floor, NIBR Compound, Safedpul Andheri Kurla Road, Kurla, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400072
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series A
Total Funding
$12M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 26, 2022
Investors
Ranked
13th among 197 active competitors
Annual Revenue
$1M - $10M as on Mar 31, 2025
Employee Count
15 as on Jul 31, 2025
Legal entities associated with Faarms
Faarms is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
EFAARMS SOLUTION PRIVATE LIMITED CIN: U64990KA2020PTC133136 , India, Active | Mar 02, 2020 | 0 - ₹10 Cr (As on Mar 31, 2024) | 12 (As on May 31, 2024) | |
FAARMS GLOBAL TECH VENTURE PRIVATE LIMITED CIN: U01100MH2020PTC469576 , India, Active | Feb 03, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 4 (As on Apr 01, 2026) | |
FAARMS GLOBAL VENTURES PTE. LTD. UEN: 202102025E , Singapore, Active | Jan 15, 2021 | $1M - $10M (As on Mar 31, 2025) | - |
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Faarms's funding and investors
Faarms has raised a total funding of $12M over 2 rounds. Its first funding round was on Aug 05, 2021. Its latest funding round was a Series A round on Jul 14, 2022 for $*****. 7 investors participated in its latest round. Faarms has 9 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Faarms:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 14, 2022 | 1472974 | Series A | 5789365 | 1318278 | 9313555 | 3106076 |
Aug 05, 2021 | 8433476 | Seed | 7459974 | 2105366 |
View details of Faarms's funding rounds and investors
Faarms' founders and board of directors
Founder? Claim ProfileThe founders of Faarms are Aditya Khanna, Taranbir Singh and Alok Duggal. Taranbir Singh is the CEO of Faarms.
Here are the details of Faarms' key team members:
- Aditya Khanna: Co-Founder of Faarms and founder of 2 other companies, Bharat Supply and Leap Supply. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
- Taranbir Singh: Co-Founder & CEO of Faarms and founder of 4 other companies, including Bharat Supply, Leap Supply and Leap Supply. They are also an angel investor in 2 startups and serve on the boards of 3 companies.Contact Info: 1 email address and 2 phone numbers
- Alok Duggal: Co-Founder & COO of Faarms and founder of 4 other companies, including Bharat Supply, Leap Supply and Leap Supply. They serve on the boards of 3 companies.Contact Info: 1 phone number
Faarms' Board of Directors
Faarms's board has 6 active members. Aditya Khanna, Taranbir Singh, Cornelius Boersch and Alok Duggal are part of team and Rajeev Uberoi and Al-swaidi Towfik Luay Henry are independent board members.Here is the list of Faarms' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 8m | |
Team | - | Current | 5y 9m | |
Team | - | Current | 5y 9m | |
Investor | - | Current | 4y 2m | |
Independent board member | - | Current | 4y 1m | |
hz{piny | Independent board member | - | Current | 4y 9m |
tgbqate | Independent board member | - | Past | 1y 4m |
qxbhdsj | Independent board member | - | Past | 9y 3m |
rshkgwt | Independent board member | - | Past | 4y 2m |
View details of Faarms's Founder profiles and Board Members
Faarms' employee count trend
Faarms has 15 employees as of Jul 25. The total employee count is 63.0% lower than what it was in Jul 24. Here is Faarms's employee count trend over the years:
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Faarms's Competitors and alternates
Top competitors of Faarms include Ambrook, Samunnati and Growers Edge. Here is the list of Top 10 competitors of Faarms, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ambrook 2020, New York (United States), Series B | Provider of financial management software for businesses | $59M | 65/100 | |
2nd | Agri enterprise empowering farmers through finance, trade, innovation, and community | $135M | 62/100 | ||
3rd | Growers Edge 2017, Johnston (United States), Series C | Provider of financial lending products for agricultural and farming operations | $109M | 61/100 | |
4th | FarmRaise 2013, San Francisco (United States), Seed | Online marketplace for farm loans | $7.2M | 59/100 | |
5th | ProducePay 2014, Los Angeles (United States), Series D | Provider of financial and supply chain solutions for the produce industry | $104M | 59/100 | |
6th | Agrosperity Tech Solutions 2021, Chennai (India), Seed | Provider of an online marketplace platform for loans to farmers | $4.49M | 58/100 | |
7th | Provider of a technology-enabled agri-input ecosystem connecting farmers, retailers, manufacturers, agronomists, and financiers | $32.1M | 54/100 | ||
8th | Firm providing funds to farmers to restore soil health | $5.3M | 54/100 | ||
9th | Agrolend: Financing Brazilian agribusiness with innovative credit solutions and strategic partnerships | $96.2M | 51/100 | ||
10th | Digitizing agriculture, empowering farmers with grain storage, credit, and market access | $32.2M | 51/100 | ||
13th | Provider of digital agricultural solutions | $12M | 47/100 |
Looking for more details on Faarms's competitors? Click here to see the top ones
Faarms's Investments and acquisitions
Faarms has made no investments or acquisitions yet.
Reports related to Faarms
Here is the latest report on Faarms's sector:
News related to Faarms
•
Connect India and Logistics Arm of Faarms Merge to Form Bharat Supply
IndianWeb2•Jul 17, 2025•Faarms, Connect India
•
Auxano Capital backs the future of Agri procurement marketplace; invests in FaarmsCXOtoday•Jan 11, 2023•Faarms, Auxano
•
Ruraltech startup FAARMS raises $10M in fundingYourStory•Jul 14, 2022•Faarms, Felix, 9Unicorns, Venture Catalysts and 2 others
•
Faarms partners Reliance General to offer insurance to farmersBimabazaar•Jun 06, 2022•Faarms, Reliance General
•
Bharat BillPay to offer recurring payments to farmers across India in collaboration with FAARMS Pragativadi•Apr 29, 2022•Faarms, Faarms, Bharat Connect
•
FAARMS Partners With Reliance General InsuranceBW Disrupt•Jan 27, 2022•Faarms, Reliance General, Faarms
•
Agri Tech Start Up FAARMS Signs MoU With India s First Agriculture UniversityBW Businessworld•Jan 17, 2022•Faarms, Govind Ballabh Pant University, Faarms
•
•
FAARMS enters into a first-of-its kind collaboration with ICAR-IARIKrishi Jagran•Dec 07, 2021•Faarms, IARI
•
Agritech Start-up FAARMS Creates a National Distribution Channel for SMEsKrishi Jagran•Nov 25, 2021•Faarms, Faarms
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