A $2.3 million pre-IPO financing round was concluded by BharatRohan, an agtech business located in Gurugram, India, that specializes in drone-based hyperspectral remote sensing.
Investors
- Villgro Innovation Foundation
- Caspian
- RevX
- Venture Garage (with a group of Ultra High Net Worth Individuals as investors)
Use of funds
The funding will be used by the startup to create drones with edge computing technology that are especially designed for accurate crop monitoring and variable pesticide spraying. Through franchise-based business models, these drones will be made available to rural entrepreneurs, allowing them to provide farmers with CropAssure® Services. BharatRohan also intends to create tiny hyperspectral and multispectral drone sensors.
By 2025, the business plans to cover 10 lakh acres and extend its operations and capabilities across 15 Indian states. In addition to providing its drone-based crop monitoring Decision Support System (DSS), BharatRohan entered into the procurement of residue-free agricultural products cultivated by farmers using its BharatRohan CropAssure® Services, which is grown using Integrated Pest Management (IPM) techniques.
By introducing its pesticide-free agricultural food to customers worldwide, BharatRohan hopes to increase its influence and reach on a global level.
About BharatRohan
BharatRohan, which was founded in 2016 by Rishabh Choudhary and Amandeep Panwar, offers a system that detects illnesses, pests, and nutritional inadequacies early on, allowing Integrated Pest Management (IPM) techniques for residue-free crop farming. Through the provision of real-time, data-driven insights, the firm enables farmers to make well-informed decisions, optimize resource allocation, and enhance crop resilience against erratic weather patterns. Currently, it provides innovative Drone-based Decision Support System (DSS) called BharatRohan® CropAssure® to 50,000 farmers across 2,00,000 acres in 5 states.
