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B.MADHAVI LATHA
TMBA/17-10
INTRODUCTION
CropIn Technology is a Farm Management-Monitoring-Traceability (agriculture data and
analytics) business solution provider based in Bangalore.
CropIn Provides SaaS-based service to Agribusinesses in India and abroad, enabling partners to
analyse, interpret and gain real-time insight on crops and farms so as to be able to take
corrective measures on time.
Working with over 135 clients and 500,000 farmers across 17 countries, CropIn Technology is
changing lives and supporting growth by merging technology with agriculture.
A snapshot of CropIn applications:
SmartFarm
SmartSales.
mWarehouse
smartrisk
RISK MITIGATION AND FORECASTING INTELLIGENCE SOLUTION
CROPIN TECHNOLOGY SOLUTIONS Overview
Website www.cropin.co.in
Headquarters=Bengaluru
Size = 51 to 200 employees
Founded =2010
Type Company =- Private
Industry =Computer Hardware & Software
Revenue = Unknown / Non-Applicable
Competitors = Unknown
CropIn provides Farm-Businesses/Growers with farm management software and mobile
apps, which enable them to do connected and data driven farming. It allows them to take
advantage of real time data and insight from farms (an accurate view of their operation
throughout the entire .
Mission = To increase per acre value
Idea Generation
The idea of providing SaaS based services to agribusinesses came to Mr. Krishna
Kumar after observing the agrarian crisis looming large on the rural areas of
Karnataka in 2010 where local farmers were facing a gamut of problems ranging
from non-availability of finance, climatic vagaries, soil degradation, pest infestation
and diseases, operational inefficiencies, and no predictability of yield. Taking a
resolution on doing his bit to prevent farmers’ suicides and avert the agrarian crisis,
Kumar left his high rising career at GE and set up CropIn Technology Solutions- an
agriculture technology solutions start-up that would address several pain points of
millions of farmers across the country.
Features
The company harnesses cutting-edge technologies – Big Data analytics, Machine
Learning , Geo-tagging & Satellite monitoring to revolutionize the agri-
ecosystem. CropIn’s SaaS-based system is not a one-time intervention but a
sustainable solution. The intuitive, intelligent, ever-evolving and self-learning
system takes in information from various sources like weather, satellite and
ground data and delivers targeted solutions to the agribusinesses.
With a robust range of products, CropIn largely works on a B2B business model,
catering to agricultural businesses at different levels of the agri-ecosystem.
OUR PRODUCTS AND SERVICES
Funding Status
CropIn raised a funding of $4 million till date. Our institutional investment partners are
BEENEXT, Ankur Capital, BSP Fund LLC.
Monetization Model
CropIn largely works on a B2B business model, catering to agri-businesses at different levels of the
agri-ecosystem. However, every sector and enterprise needs to be looked at with a unique penetration
strategy. For development agencies and CSR, our model is collaborative, with farming enterprises it
can be on acreage or license based costing.
Additionally, we are also open to the reseller model where we get in touch with industry experts who
help us reach potential audiences/forums. Apart from this, we have internal business development,
sales and marketing teams which collaboratively ensure lead generation, research, customer
education and potential client conversion.
Future Plans
Our target is to serve 20 million farmers (digital literacy) by 2022 and continue on our vision
of making “Every Farm Traceable” with technology. We wish to go all out across to our target
audience and create new market avenues globally.
With a robust range of products in our portfolio, we have so far worked with more than 125
clients across 12 countries and aim to expand our footprint in other countries and position
ourselves as a global leader in agtech
Challenges Faced
The Agtech sector in itself is in a budding stage where benefits of technology are infused
to manage agricultural challenges hence currently the penetration of solution is low, as the
industry in itself is picking up. Showcasing the value of this segment (AgTech) to an
audience who have been into traditional agricultural practices and adoption of technology
are two major challenges confronted by us.
Market Size & Opportunity
A release from Markets and Markets pegs Smart Agriculture Market at $11.23 Billion by 2022.
The world population is expected to cross the 10 billion mark by the middle of this century. This population
growth combined with urbanization will require the agricultural production to double. To succeed, we need
smart solutions for fairly produced and sustainable food, feed & fibre.
CropIn’s solutions have successfully catered to agribusinesses globally, across different levels of the agri-
ecosystem. Our award-winning bouquet of products enables different players in the agriculture ecosystem;
farming companies, agri-input companies, governments and NGO’s, advisory organizations, financial
institutions among others to work towards sustainable agri-solutions.
In India, we have seen a huge impact in the past 7 years and now with new government policies coming in we
see a great impetus to use of digital technology in the agricultural space. We believe the potential is huge and
with our expansive experience and cutting-edge product, we are in a vantage point to address these issues
well.
MEASURING IMPACT
Krishna Kumar
Founder & CEO at CropIn Technology Solutions Pvt Ltd.
Bengaluru Area. IndiaInformation Services
Current = CropIn Technology Solutions Pvt Ltd
Previous= GE Energy, GE Consumer & Industrial, General
ElectricEducation Visvesvaraya Technological University
Recommendations = 13 people have recommended Krish
Krishna Kumar created AgTech startup, CropIn Technology in 2010,
along with co-founders Kunal Prasad and Chittranjan Jena. The trio
went on to develop a state of the art, innovative solutions system to
address several pain points of various stakeholders in the agricultural
ecosystem globally.
THANKYOU