When was InI Farms founded?

InI Farms was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is InI Farms located?

InI Farms is headquartered in Mumbai, India. It is registered at Unit No. A102, Boomerang, Main Chandivali Farm Road, Yadav Nagar, Chandivali, Andh, eri East, Mumbai City, Mumbai, Maharashtra, India, 400072.

Who is the current CEO of InI Farms?

Purnima Khandelwal and Shardul Sheth s of InI Farms. Purnima Khandelwal has also founded 1 company and is angel investors in 3 startups.

Which legal entities is InI Farms associated with?

InI Farms is associated with Ini Farms Private Limited and 1 other.

How many employees does InI Farms have?

As of Mar 31, 2026, the latest employee count at InI Farms is 271.

Is InI Farms a funded company?

InI Farms is a funded company, having raised a total of $21.8M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 17, 2010.

How much is InI Farms worth?

The last known valuation of InI Farms was $***** as of May 28, 2022.

When was the latest funding round of InI Farms?

InI Farms' latest funding was a $***** Series A round on Apr 12, 2023, with participation from 1 investor.

What is the annual revenue of InI Farms?

Annual revenue of InI Farms is ₹256Cr as on Mar 31, 2022.

Where does InI Farms rank among its competitors?

InI Farms ranks 1st amongst 51 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Urban Harvest, which secured $9.32M in Sep, 2024.

Who are the top competitors of InI Farms?

InI Farms' top competitors include Urban Harvest, Freshtrop and Dr Jackfruit. Among them, Urban Harvest secured the most recent funding round in September, 2024.

InI Farms - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of farming services to horticulture industries. It claims to offer services like technical guidance, access to inputs and markets, orchard management, contract farming, and more. It claims to offer its services to farmers, investors, growers, and more and claims to use global food agricultural practices.

Website: inifarms.com
Social
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

Series A, Apr 12, 2023, $*****

Last Known Valuation

$***** as on May 28, 2022

Investors

Lightrock India & 18 more

Ranked

1^st among 51 active competitors

Annual Revenue

₹256Cr as on Mar 31, 2022

Employee Count

271 as on Mar 31, 2026

Similar Companies

Chiquita Brands International & 312 more

Exit Details

Acquired by Agrostar (Mar 31, 2022)

View InI Farms' full profile

InI Farms is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ini Farms Private Limited CIN: U01407MH2009PTC196036 , India, Amalgamated	Sep 24, 2009	$34.3M (As on Mar 31, 2022)	271 (As on Nov 30, 2022)
INI AGRI PRIVATE LIMITED CIN: U74999MH2015PTC261315 , India, Active	Jan 23, 2015	$1.15K (As on Mar 31, 2025)	7 (As on Apr 30, 2022)

InI Farms got acquired by Agrostar on Mar 31, 2022.

Click here to take a look at InI Farms's acquisition in detail

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 12, 2023	2652334	Series A	2591680	9250030	6216483	9549072
May 28, 2022	8161392	Series A	3173505	2871793	5274289	Agrostar
Jan 13, 2020	6223419	Series A	7773758	5645925	Lightrock India	1105420

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View details of InI Farms's funding rounds and investors

The founders of InI Farms are Purnima Khandelwal and Shardul Sheth. Shardul Sheth and Purnima Khandelwal are the CEOs of InI Farms.

Here are the details of InI Farms' key team members:

Purnima Khandelwal: Co-Founder & Co-CEO of InI Farms and founder of 2 other companies, Kimaye and InI Consulting. They are also an angel investor in 3 startups and serve on the boards of 2 companies.
Contact Info: 1 email address
Shardul Sheth: Co-Founder & Co-CEO of InI Farms and founder of 3 other companies, ULink AgriTech, Agrostar and ULink Organics.
Contact Info: 1 email address and 1 phone number

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
Purnima Khandelwal	Team	-	Current	16y 5m
Pankaj Khandelwal	Team	-	Current	16y 5m

View details of InI Farms's Founder profiles and Board Members

InI Farms' employee count trend

InI Farms has 271 employees as of Mar 26. Here is InI Farms's employee count trend over the years:

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Top competitors of InI Farms include Urban Harvest, Freshtrop and Dr Jackfruit. 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	InI Farms 2009, Mumbai (India), Acquired	Provider of farming services to horticulture industries	$21.8M	Lightrock India, SIDBI Venture Capital & 17 others	63/100
2nd	Urban Harvest 2019, Delhi (India), Series A	Brand of fresh fruits and vegetables	$11.2M	Info Edge Ventures, NG Family Trust & 39 others	59/100
3rd	Freshtrop 1992, Ahmedabad (India), Public	Supplier of grapes and pomegranates	-	-	45/100
4th	Dr Jackfruit 2017, Alappuzha (India), Funding Raised	Brand of organic jack-fruit products	-	Caspian Debt, BIRAC	41/100
5th	GemTree 2011, Delhi (India), Unfunded	Brand of fruits products	-	-	39/100
6th	Ravi Foods 1998, Hyderabad (India), Unfunded	Biscuits Manufacturers in India \| treffbiscuits.com	-	-	32/100
7th	Nature One Fresh Produce 2009, Mumbai (India), Unfunded	Brand of fruits and vegetables	-	-	31/100
8th	Farm2Fam 2018, Mumbai (India), Funding Raised	Internet first brand of fruits	-	Department of Agriculture & Farmers Welfare, Government of Rajasthan ... Read more	31/100
9th	Feel Fresh Foods 2021, Chittoor (India), Unfunded	Brand of fresh fruits	-	-	29/100
10th	VikretaG 2021, Delhi (India), Unfunded	Internet-based platform for selling fruits and vegetables	-	-	29/100

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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	4896129	3377261	8039504	3709733
Purnima Khandelwal	8873620	6182359	9530197	2282996	8328397	6152484
Fund	55.02%	227Cr	9570774	2568687	2125556	3608191
Aavishkaar Capital	3890878	9358880	6648268	4027769	8083802	8203663
Samridhi Fund	0	0	0	0	0	0
Parent Entity	9.71%	40.1Cr	5443646	6533034	3034252	9969716
Enterprise	1.40%	5.8Cr	2	6	3	5
Angel	6.35%	26.2Cr	685340	324419	177652	570799
ESOP Pool	2.16%	8.93Cr	53	16	87	70
Total	99.98%	413Cr	7145212	9895142	1580115	8395050