Agri Business

CropIn raises $8 million in B series funding

Bengaluru | Updated on November 19, 2018

 

CropIn Technology Solutions Pvt Ltd, the Bengaluru-based agri-tech start-up has raised ₹58 crore ($8 million) in Series B funding from Chiratae Ventures (formerly IDG Ventures India) and the Bill & Melinda Gates Foundation Strategic Investment Fund (London & Seattle).

CropIn proposes to use the funds to expand the reach of its ‘SmartFarm’ technology platform both in India and overseas. The company also plans to further develop its machine-learning-based ‘SmartRisk’ platform that helps detect crops and predict yields at the plot level using satellite images.

With the latest funding, CropIn has so far raised a total of $12 million.

Published on November 19, 2018

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