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Agritech Startup Cropin Raises Rs113 Cr in Funding

Cropin

Cropin, the global agritech pioneer that created the world’s first agriculture industry cloud, has raised INR 113 crores in funding from new investors Google and JSR Corporation, as well as previous investors ABC Impact and Chiratae Ventures. Cropin Cloud, the company’s recently launched intelligent agriculture cloud platform, will be expanded with the funds to meet the growing demand for digitalization and predictive intelligence in the global agriculture sector.

Cropin Cloud, which debuted in September 2022, has quickly established itself as a prominent platform in agriculture’s digital revolution. Cropin will be able to further invest in its go-to-market initiatives and enhance the platform’s capabilities with the help of this fundraising round, including the development of next-generation predictive intelligence solutions through Cropin AI Labs.

Today, the global food system faces considerable challenges, including climate change, food shortages, supply chain disruptions, and geopolitical conflicts, emphasising structural vulnerabilities. Governments and businesses in the agriculture and food industries are looking for ways to boost production, efficiency, and income in order to meet domestic demand and prevent food waste. Cropin, with its strategic technological solutions, is well-equipped to assist governments, development agencies, and agri-food businesses in transforming and creating a secure and sustainable food value chain.

Commenting on the investment, Krishna Kumar, Co-Founder & CEO, Cropin said, “Since its founding in 2010, Cropin has been dedicated to improving the intelligence of food production and maximizing value for all stakeholders in the agricultural ecosystem. By making farms and harvests traceable, predictable, and sustainable, Cropin aims to transform how food is grown. The involvement of new strategic investors like Google and JSR Corporation, and the support of our existing investors, demonstrates confidence in our mission and impact. We are excited to partner with global technology innovators like Google, which further validates our capabilities and solidifies our position as a leader in the digitalization of global agriculture”.

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