Farmagain - About the company
Farmagain is a seed company based in Coimbatore (India), founded in 2013 by Edna Myrtle Rupavathi Benjamin and Benjamin Raja. It operates as a Provider AI-IoT precision farming platform automating irrigation, fertigation, and climate control across open/polyhouse/vertical farms. Farmagain has raised $1.12M in funding, with a current valuation of ₹*****. The company has 353 active competitors, including 68 funded and 19 that have exited. Its top competitors include companies like Niqo Robotics, BinSentry and VERDANT ROBOTICS.
Company Details
Provider AI-IoT precision farming platform automating irrigation, fertigation, and climate control across open/polyhouse/vertical farms. It provides solar-powered, grid-independent system using private LoRaWAN, in-house sensors, and AI to optimize evapotranspiration-based irrigation, real-time EC/pH-corrected fertigation, climate/curtain/DO/light control, delivering yield boosts with monitoring via web/mobile/TV apps.
- Website
- www.farmagain.co/
- Social
- Email ID
- *****@farmagain.co
- Phone Number
- +91 **********
- Registered Address
- 97, Teachers Colony Perumalpuram Post, Tirunelveli, Tirunelveli, Tamil Nadu, India, 627007
Key Metrics
Founded Year
2013
Location
Coimbatore, India
Stage
Seed
Total Funding
$1.12M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 18, 2024
Investors
Ranked
50th among 353 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2023
Employee Count
15 as on Jun 30, 2026
Legal entities associated with Farmagain
Farmagain is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FARMAGAIN AGRO PRIVATE LIMITED CIN: U01403TN2013PTC092809 , India, Active | Sep 02, 2013 | 0 - ₹10 Cr (As on Mar 31, 2023) | 32 (As on Aug 31, 2024) |
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Farmagain's funding and investors
Farmagain has raised a total funding of $1.12M over 3 rounds. Its first funding round was on Jan 30, 2020. Its latest funding round was a Angel round on Apr 18, 2024 for $*****. 1 investor participated in its latest round. Farmagain has 1 institutional investor and 8 angel investors.
Here is the list of recent funding rounds of Farmagain:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 18, 2024 | 3991618 | Angel | 4560183 | 7905994 | 4434752 | 3159016 |
Jun 08, 2023 | 5769316 | Angel | 3558425 | 5335010 | 4265663 | 7568363 |
Jan 30, 2020 | 7965238 | Angel | 5675273 | 2067300 | 4158807 |
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Farmagain's founders and board of directors
Founder? Claim ProfileThe founders of Farmagain are Edna Myrtle Rupavathi Benjamin and Benjamin Raja. Benjamin Raja is the CEO of Farmagain.
Here are the details of Farmagain's key team members:
- Edna Myrtle Rupavathi Benjamin: Co-Founder of Farmagain and founder of 1 other company. Contact Info: 1 email address
- Benjamin Raja: Founder & CEO of Farmagain.
View details of Farmagain's Founder profiles and Board Members
Farmagain's employee count trend
Farmagain has 15 employees as of Jun 26. Here is Farmagain's employee count trend over the years:
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Farmagain's Competitors and alternates
Top competitors of Farmagain include Niqo Robotics, BinSentry and VERDANT ROBOTICS. Here is the list of Top 10 competitors of Farmagain, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Niqo Robotics 2015, Bengaluru (India), Series B | Provider of AI-powered robotics solutions for precision spraying and thinning | $22.2M | 66/100 | |
2nd | Provider of AI-powered feed management system optimizing animal feed supply chains | $74.2M | 63/100 | ||
3rd | VERDANT ROBOTICS 2018, San Francisco (United States), Series B | Revolutionizing agriculture with precision robotics for sustainable and profitable farming | $58M | 62/100 | |
4th | Naio Technologies 2011, Ramonville Saint Agne (France), Series B | Autonomous agricultural robots empowering farmers with sustainable, efficient, and reliable solutions | $54.7M | 61/100 | |
5th |  Aigen 2020, Kirkland (United States), Series A | Developer of solar powered robots for soil regeneration | $33M | 61/100 | |
6th | Saga Robotics 2016, Ski (Norway), Series C | Agricultural robotics transforming farming with autonomous solutions for crop protection and labor efficiency | $43.8M | 60/100 | |
7th | Manufacturer of agricultural drones, robots, autopilot consoles, and smart farm systems | $248M | 58/100 | ||
8th | Provider of AI and SaaS-based solutions for the automation of agriculture operations | $110M | 58/100 | ||
9th | SwarmFarm Robotics 2012, Brisbane (Australia), Series B | Integrated autonomy for efficient, sustainable agriculture through robotics and technology | $31.3M | 57/100 | |
10th |  Bonsai Robotics 2022, San Jose (United States), Series A | Provider of AI-based orchard farm automation solutions | $28.5M | 56/100 | |
50th | Provider AI-IoT precision farming platform automating irrigation, fertigation, and climate control across open/polyhouse/vertical farms | $1.12M | 34/100 |
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Farmagain's Latest cap tables and shareholding
Founders (largest shareholder) own 63.25% and Angels own 36.75%. The net worth of Farmagain's founders is INR 24.8Cr as of Sep 18, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 63.25% | 24.8Cr | 1622998 | 4936081 | 1942684 | 7486873 |
9186270 | 6920053 | 9383560 | 6396561 | 2359868 | 4557062 | |
4677462 | 7214906 | 8744334 | 6463176 | 3373205 | 3252753 | |
Angel | 36.75% | 14.4Cr | 6124309 | 2965882 | 9793642 | 4381325 |
3416551 | 8022820 | 3201403 | 6032766 | 9844230 | 9538511 | |
Total | 100.00% | 39.2Cr | 3647127 | 6136484 | 7199482 | 9571065 |
To unlock detailed Cap Table of Farmagain Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Farmagain's Shareholding
Farmagain's Investments and acquisitions
Farmagain has made no investments or acquisitions yet.
Reports related to Farmagain
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