Home Investment BharatRohan’s Pre-IPO Boost: $2.3M Investment Fuels AgriTech Expansion.

BharatRohan’s Pre-IPO Boost: $2.3M Investment Fuels AgriTech Expansion.

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BharatRohan, an innovative player in the agri-tech sector, has secured $2.3 million in a pre-IPO round, signalling a significant milestone in its growth trajectory. The investment, led by Villgro Innovation Foundation, Caspian, RevX, and Venture Garage, underscores the confidence in BharatRohan’s pioneering approach to drone-based hyperspectral remote sensing in agriculture.

The firm will utilize the funds to bolster its technological capabilities, focusing on developing proprietary edge-computing drones tailored for precise crop monitoring and variable pesticide application. Through a franchise-based model, BharatRohan aims to make these advanced drones accessible to rural entrepreneurs, empowering them with cutting-edge agricultural solutions.

Moreover, BharatRohan plans to advance its offerings by designing and developing compact hyperspectral and multispectral sensors specifically for drones. This move signals the company’s commitment to staying at the forefront of agricultural innovation, leveraging the power of remote sensing technology to revolutionize farming practices.

Founded in 2016 by Rishabh Choudhary and Amandeep Panwar, BharatRohan has rapidly made its mark in the agri-tech landscape. Its flagship product, BharatRohan CropAssure, a drone-based decision support system (DSS), has already made a tangible impact. Currently supporting 50,000 farmers across 200,000 acres in five states, this system is pivotal in identifying diseases, pests, and nutritional deficiencies in crops at early stages. This, in turn, enables farmers to adopt integrated pest management (IPM) strategies, leading to residue-free crop cultivation and improved yields.

Looking ahead, BharatRohan has ambitious expansion plans. By 2025, the company aims to extend its operations and offerings to 15 Indian states, covering 1 million acres of farmland. Such expansion initiatives are underpinned by the company’s impressive growth trajectory, having tripled its revenue and doubled its profits in the last financial year.

The investment injection comes at a crucial juncture for BharatRohan, providing the necessary impetus to scale its operations and fulfil its vision of transforming agriculture through technology. With a strong foundation and a clear roadmap for growth, BharatRohan is poised to play a pivotal role in shaping the future of Indian agriculture, driving efficiency, sustainability, and prosperity for farmers nationwide.

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