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Agritech startup BharatRohan raises $2.3 Mn in pre-IPO round

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BharatRohan, an agtech firm focused in drone-based hyperspectral remote sensing, has raised $2.3 million in pre-IPO round from Villgro Innovation Foundation, Caspian, RevX, and Venture Garage. The proceeds will be used on developing proprietary edge computing drones specifically for precise crop monitoring and variable pesticide application, the firm said in a press release. These drones will be made available to rural entrepreneurs through franchise-based models. Additionally, the company plans to design and develop compact hyperspectral and multispectral sensors for drones. Founded by Rishabh Choudhary and Amandeep Panwar in 2016, BharatRohan currently supports 50,000 farmers covering 2,00,000 acres in five states with its advanced drone-based decision support system (DSS) known as BharatRohan CropAssure. This system identifies diseases, pests, and nutritional deficiencies in the early stages, enabling integrated pest management (IPM) strategies for residue-free crop cultivation. BharatRohan plans to expand its operations and offerings in 15 Indian states, covering 10 lakh acres by 2025. It claims to have shown growth, increasing revenue 3x and profit by 200% from the last financial year.