CropIn, a full-stack agri-tech organization, has registered a 3X ARR
growth over the last five quarters and has grown by 325% during the last
15 months. The SaaS provider, which first marked its global presence in
late 2017, is today generating more than 60% of its current revenue from
its international markets and is targeting to achieve 70% of the revenue
from these markets in the next one year. CropIn has partnered with over
100+ B2B enterprise clients across 30+ countries in Asia, Europe,
Africa, and the Americas, enriching the lives of over 2.1 million
farmers by digitizing over 5 million acres of farmland.
A pioneer in the agri-tech space, the company’s growth story started
with the launch of its first product ‘SmartFarm’.
SmartFarm
is a comprehensive digital farming technology that enables efficient farm
management through digitization, empowers data-driven
decision-making, and provides complete visibility of people, processes,
and performance on the field.
‘SmartFarm’
is a globally recognized and awarded digital platform, which was
recently named the ‘Best Innovation in Digital Farming Technology’ at
Agrow Awards in London. (SmartFarm
case study link on HBR)
CropIn launched its predictive and prescriptive solution, ‘SmartRisk™’
that leverages Satellite Imagery, Artificial Intelligence and Machine
Learning. SmartRisk™
is a next generation solution that can detect crops remotely, predict
crop health and estimate yield ahead of the harvest, and provides
valuable insights for the agri industry, financial institutions, growers
and policy makers.
SmartRisk™ is capable of performing regional/plot level analysis, on a
10×10 sq mt pixel that is updated every 10 days, consolidating it at a
village, postal code, district and country view. It is the perfect
product for business entities such as input companies, commodity
traders, farming companies, banks, and insurance companies that are
seeking regional insights to make major financial and strategic
decisions. CropIn has carried out swift and successful technology
implementations in the agri-tech space on a global scale. The company’s
other core product offerings include SmartSales, mWarehouse and
Acresquare.
CropIn has raised $12 million funding till date, including Series A
funding from BEENEXT, and $8 million in a Series B funding from the Bill
and Melinda Gates Foundation Strategic Investment Fund (London &
Seattle) and Chiratae Ventures.
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