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Agritech startup Bharat Intelligence raises funding led by Sahyadri Farms

EntrackrEntrackr · 26d ago
Agritech startup Bharat Intelligence raises funding led by Sahyadri Farms
Medial

Snippets Agritech startup Bharat Intelligence raises funding led by Sahyadri Farms Agritech company Bharat Intelligence has raised Rs 7 crore in a pre-seed funding round led by Sahyadri Farms. The funds will be used to grow its team, strengthen its product, and scale operations across Western Maharashtra’s horticulture belts—embedding technology directly into the value chains of grape, banana, tomato, and pomegranate farmers. Co-founded in 2024 by Azhaan Merchant and Gourav Sanghai, Bharat Intelligence focuses on addressing the farm labour crisis. The company uses advanced AI to organise rural labour markets, giving farmers timely access to skilled crews and providing workers with steady, dignified jobs. Its platform predicts labour needs and connects farmers with crews through simple, vernacular interfaces. Bharat Intelligence embeds technology into rural workflows, capturing trust signals, seasonal rhythms, and community networks that conventional datasets often miss—ensuring AI serves the realities of India’s agrarian economy. “India’s economy is agrarian and deeply physical. To build AI for India, it must be embedded in rural life—attuned to the nuances of a handshake in a village market, the seasonal migration of workers, and the trust networks that govern transactions,” said Azhaan Merchant, Co-Founder & CEO. The company aims to solve urgent problems while laying the groundwork for long-term transformation. Bharat Intelligence sees the context layer as the missing building block for AI in India, ensuring artificial intelligence remains grounded in the lived reality of its billion users.

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Dairy startup Doodhvale Farms raises $3 Mn in Series A round

EntrackrEntrackr · 11m ago
Dairy startup Doodhvale Farms raises $3 Mn in Series A round
Medial

Dairy startup Doodhvale Farms has raised $3 million in a Series A funding round co-led by Atomic Capital and Singularity Early Opportunities Fund. The round also saw participation from Bharat Founders Fund, Indigram Labs Foundation, and angel investors including Ramakant Sharma, Ankit Tandon, Livspace CEO Saurabh Jain, and Arjun Vaidya. The Delhi-based company had previously raised $1.12 million in 2020. The proceeds from the latest funding will be utilized to accelerate the company’s expansion, strengthen its distribution networks, diversify its product portfolio, and upgrade its technology infrastructure, Doodhvale said in a press release. Co-founded in 2019 by Aman J. Jain, Ishu Jain, Sanjay Jain, and Sudhir Jain, Doodhvale Farms is a fully vertically integrated, technology-driven Direct-to-Consumer (D2C) dairy and daily essentials company. It produces and delivers premium, farm-fresh products directly to consumers’ doorsteps, aiming to provide the nutrient-rich, farm-fresh experience milk was always meant to offer. The company ensures delivery within 36 hours. The company claims to have maintained a strong growth trajectory, achieving 100% year-over-year growth, consistent profitability on an EBITDA basis for three consecutive years. Doodhvale Farms aims to compete with traditional brands like Mother Dairy and Amul, as well as new-age brands like Country Delight, Akshayakalpa, Sid’s Farm, and Milky Mist.

Agritech startup Nutrifresh books Rs 14 Cr PAT on Rs 145 Cr revenue in FY25

EntrackrEntrackr · 7d ago
Agritech startup Nutrifresh books Rs 14 Cr PAT on Rs 145 Cr revenue in FY25
Medial

Agritech startup Nutrifresh books Rs 14 Cr PAT on Rs 145 Cr revenue in FY25 Agritech startup Nutrifresh Farms delivered another strong performance in FY25, nearing Rs 150 crore in operating revenue with a 50% year-on-year growth. Significantly, the Pune-based company’s profit also rose 55% in the fiscal year ending March 2025. Nutrifresh Farms reported 50% year-on-year growth in its operating revenue to Rs 145.22 crore in FY25 against Rs 96.82 crore in FY24, according to the company’s consolidated financial statements filed with the Registrar of Companies (RoC). Founded in 2019, Nutrifresh Farms uses hydroponic technology to grow pesticide-free fruits and vegetables in climate-controlled farms. Operating largely on a B2B model, it supplies fresh produce to clients like Zepto, Swiggy Instamart, Blinkit, McDonald’s, and Spar, and also offers customized salads through subscriptions. Sale of fresh produce and salads was the sole source of operating revenue for the company. The firm also earned Rs 4.55 crore on interest on deposits which took its total income to Rs 149.77 crore in the last fiscal year. Procurement of materials accounted for 72% total expenses for Nutrifresh which stood at Rs 96.12 crore. This cost surged over 70% in FY25 from Rs 56 crore in the previous fiscal year. Employee benefit expenses also increased by 70% to Rs 10.96 crore while depreciation and amortization expenses accounted for Rs 10.4 crore. Finance cost, rent, transportation cost and other overheads led the overall expenses for the firm to Rs 134.25 crore in FY25 which rose by 48%. Driven by a 50% rise in operating scale, Nutrifresh Farms recorded a 55% jump in operating profit to Rs 13.86 crore in FY25 from Rs 8.94 crore in FY24. The company’s EBITDA margin and ROCE improved to 17.31% and 5.6%, respectively. On a unit level, the company spent Rs 0.92 to earn every rupee of operating revenue in the last fiscal year. According to startup data intelligence platform TheKredible, Nutrifresh Farms has raised approximately $20 million across two funding rounds, including a $5 million seed round in May 2022.

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