Agritech startup BharatRohan has secured $2.3 million in a pre-IPO funding round led by Venture Garage, RevX, Caspian, and Villgro Innovation Foundation. This funding injection marks a significant milestone for the company as it gears up to revolutionize precision agriculture solutions in India.
The startup plans to allocate the funds towards the development of proprietary edge computing drones tailored specifically for precise crop monitoring and variable pesticide application. These cutting-edge drones will play a pivotal role in advancing agricultural practices by providing farmers with accurate data for optimized crop management.
In addition to drone development, BharatRohan aims to design and develop compact hyperspectral and multispectral sensors, further enhancing the precision and efficiency of crop monitoring activities.
Founders Amandeep Panwar and Rishabh Choudhary expressed their commitment to enhancing services and expanding the company’s reach across the nation. “It strengthens our resolve to enhance our services and expand our reach across the nation, ensuring that farming becomes more scientific, sustainable, and profitable,” they stated.
Vivek Kumar, founder of Venture Garage, lauded BharatRohan’s unique position in the agritech landscape, noting, “BharatRohan is in a unique position using the latest technology to solve one of the oldest problems of continuously optimizing farming and bridging farmers to the most profitable markets.”
Established in 2016, BharatRohan currently supports 50,000 farmers covering 200,000 acres in five states with its advanced drone-based decision-support system, BharatRohan CropAssure. This system enables early detection of diseases, pests, and nutritional deficiencies, facilitating integrated pest management strategies for residue-free crop cultivation.
Looking ahead, BharatRohan aims to expand its operations and offerings in 15 Indian states, covering 10 lakh acres by 2025. The startup has demonstrated significant growth, with revenue tripling and profits increasing by 200% from the previous financial year.
BharatRohan’s vision extends beyond technological advancements; the company intends to empower rural entrepreneurs by distributing its innovative solutions through a franchise-based model. This approach will enable entrepreneurs to offer CropAssure services to farmers nationwide, thereby catalyzing the adoption of sustainable and profitable farming practices.
As BharatRohan continues to pioneer precision agriculture solutions, it seeks to revolutionize farming practices in India, fostering scientific, sustainable, and profitable outcomes for farmers and investors alike.
