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InI Farms - About the company

InI Farms is an acquired company based in Mumbai (India), founded in 2009 by Purnima Khandelwal. It operates as a Provider of agricultural inputs and supply chain services for produce. InI Farms has raised $21.8M in funding from investors like Lightrock India, Unilazer Ventures and Aavishkaar Capital, with last known valuation of ₹*****. The company has 1283 active competitors, including 28 funded and 129 that have exited. Its top competitors include companies like Syngenta, InVivo and Yara.

Company Details

Provider of agricultural inputs and supply chain services for produce. Operations include the distribution of farming supplies and the management of logistics for fresh fruits and vegetables. The business facilitates access to digital tools for crop diagnosis and weather monitoring. It manages the movement of goods from farms to markets while maintaining traceability and quality standards.
Social
Facebook
Email ID
*****@inifarms.com
Phone Number
+91 **********
Registered Address
Unit No. A102, Boomerang, Main Chandivali Farm Road, Yadav Nagar, Chandivali, Andh, eri East, Mumbai City, Mumbai, Maharashtra, India, 400072
Key Metrics
Founded Year
2009
Location
Mumbai, India
Stage
Acquired
Total Funding
$21.8M in 10 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Apr 11, 2023
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2022
Employee Count
271 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Agrostar (Mar 31, 2022)

InI Farms's acquisition details

InI Farms got acquired by Agrostar on Mar 31, 2022.
Click here to take a look at InI Farms's acquisition in detail
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InI Farms's funding and investors

InI Farms has raised a total funding of $21.8M over 10 rounds. Its first funding round was on Jun 17, 2010. Its latest funding round was a Series A round on Apr 12, 2023 for $*****. 1 investor participated in its latest round. InI Farms has 8 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of InI Farms:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 12, 2023
5775812
Series A
6825136
1654351
1437919
1424307
May 28, 2022
1428461
Series A
8007023
2347911
5898823
Jan 13, 2020
5596255
Series A
4294538
8662342
9146269
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InI Farms' founders and board of directors

Founder? Claim Profile
The founders of InI Farms is Purnima Khandelwal. Purnima Khandelwal is the CEO of InI Farms.
Here are the details of InI Farms' key team members:

InI Farms' Board of Directors

InI Farms's board has 2 active members. Purnima Khandelwal and Pankaj Khandelwal are part of team.
Here is the list of InI Farms' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
16y 11m
Team
-
Current
16y 11m

InI Farms' employee count trend

InI Farms has 271 employees as of Aug 26. Here is InI Farms's employee count trend over the years:
Employee count trend for InI Farms
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InI Farms's Competitors and alternates

Top competitors of InI Farms include Syngenta, InVivo and Yara. Here is the list of Top 10 competitors of InI Farms, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Syngenta
Syngenta
2000, Basel (Switzerland), Acquired
Developer of technologies and sustainable farming practices for farmers
-
75/100
2nd
Logo for InVivo
InVivo
2001, Paris (France), Series C
European agricultural group driving agricultural and food transition with innovative solutions
$125M
66/100
3rd
Logo for Yara
Yara
1905, Oslo (Norway), Public
Global leader in crop nutrition, ammonia, and industrial solutions
-
66/100
4th
Logo for GSP Crop Science
GSP Crop Science
1985, Ahmedabad (India), Public
Manufactures fertilizers, insecticides, fungicides, herbicides.
$16.3M
61/100
5th
Logo for InI Farms
InI Farms
2009, Mumbai (India), Acquired
Provider of agricultural inputs and supply chain services for produce
$21.8M
60/100
6th
Logo for Pro Farm Group
Pro Farm Group
2006, Davis (United States), Public
Developer of biological crop solutions and technology platforms for agriculture
$39.2M
58/100
7th
Logo for Valency International
Valency International
2007, Singapore (Singapore), Series B
Manufacturer of agricultural commodities, processed food products, and industrial chemicals
$30M
57/100
8th
Logo for Coromandel International
Coromandel International
1961, Secunderabad (India), Public
Agri-solutions provider enhancing farm prosperity through crop nutrition and protection
-
54/100
9th
Logo for American Vanguard
American Vanguard
1969, Newport Beach (United States), Public
Diversified agricultural and specialty products company providing innovative solutions worldwide
-
-
53/100
10th
Logo for Agrofert
Agrofert
1993, Czech Republic, Unfunded
Operator of entities focused on agriculture, chemistry, food, and forestry
-
-
50/100
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InI Farms's Latest cap tables and shareholding

Founders own 25.34%, Funds (largest shareholder) own 55.02%, Parent Entities own 9.71% and Enterprises own 1.40%. The net worth of InI Farms's founders is INR 105Cr as of May 28, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
25.34%
105Cr
2469727
5752173
7902826
6651630
2673941
8586117
9541330
6030903
4126893
9407571
Fund
55.02%
227Cr
7198791
7169353
1875673
9121875
3115594
6191571
6383640
8961759
5698088
3923647
0
0
0
0
0
0
Parent Entity
9.71%
40.1Cr
4877695
9330063
2457521
7473090
Enterprise
1.40%
5.8Cr
3
8
2
1
Angel
6.35%
26.2Cr
536480
277280
378524
673248
ESOP Pool
2.16%
8.93Cr
13
13
63
80
Total
99.98%
413Cr
6011363
3643828
3077926
5991955
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of InI Farms's Shareholding

InI Farms's Investments and acquisitions

InI Farms has made no investments or acquisitions yet.

Reports related to InI Farms

Here is the latest report on InI Farms's sector:

News related to InI Farms

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•
INI Farms Enters Fresh Fruit E-Commerce with Brand KimayeKrishi Jagran•Oct 15, 2020•Kimaye, InI Farms
•
FruitRoute: Now, a QR Code to trace the origin of a fruitBusiness Line•Sep 03, 2020•InI Farms
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