How Much Did Cropin Raise? Funding & Key Investors

Date
March 31, 2025
Cropin

Total amount raised

$46.4 Millions

Latest funding date

Cropin

Location

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Cropin has successfully raised significant funding across multiple rounds, attracting a diverse group of investors. The company offers a suite of SaaS-based solutions aimed at transforming the agriculture sector through AI and data-driven technologies.

Continue reading to delve into the details of Cropin's funding journey and discover the key investors supporting this innovative agri-tech platform.

What Is Cropin?

Founded in 2010, Cropin is an AI and data-led agri-tech company based in Bengaluru, Karnataka, India. The company was established by Krishna Kumar and Mouhiit Mohan.

Cropin offers a suite of SaaS solutions designed to digitize and optimize agricultural operations. Their products include farm management, farmer engagement, and traceability solutions, leveraging AI/ML models, satellite imagery, and cloud computing.

With a team of 101-250 employees, Cropin has digitized 16 million acres of farmland and improved the livelihoods of over 7 million farmers globally.

How Much Funding Has Cropin Raised?

  1. Pre-Seed Round
    • Amount Raised: $200K
    • Date: April 2013
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: Initial funding to develop the core technology and launch the first product.
  2. Seed Round
    • Amount Raised: $61.1K
    • Date: October 2013
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To support early-stage operations and product development.
  3. Seed Round
    • Amount Raised: $290.1K
    • Date: February 2014
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To expand the team and enhance product features.
  4. Seed Round
    • Amount Raised: $520K
    • Date: April 2014
    • Lead Investors: Invested Development
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To scale operations and increase market reach.
  5. Seed Round
    • Amount Raised: $305.9K
    • Date: August 2015
    • Lead Investors: Not publicly disclosed
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To further develop the technology and expand the customer base.
  6. Series A
    • Amount Raised: $2M
    • Date: August 2016
    • Lead Investors: Sophia Investment ApS
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To enhance product offerings and enter new markets.
  7. Series A
    • Amount Raised: $1.2M
    • Date: September 2017
    • Lead Investors: BEENEXT
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To accelerate growth and improve technological capabilities.
  8. Series B
    • Amount Raised: $8M
    • Date: November 2018
    • Lead Investors: Bill & Melinda Gates Foundation, Chiratae Ventures
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To expand globally and enhance AI-driven solutions.
  9. Series C
    • Amount Raised: $20M
    • Date: January 2021
    • Lead Investors: ABC World Asia
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To focus on global expansion and innovate AI capabilities.
  10. Series D
    • Amount Raised: ₹1.1B (approx. $13.3M)
    • Date: December 2022
    • Lead Investors: Google, JSR
    • Valuation at Round: Not publicly disclosed
    • Motivation Behind the Round: To further scale operations and enhance technological infrastructure.

Total Amount Raised: $45.9M

Current Valuation: Not publicly disclosed

Key Investors

  • Google
    • Details: Google is a multinational technology company specializing in Internet-related services and products. It is known for its search engine, cloud computing, and AI technologies.
    • Investment Focus Areas: Technology, AI, Cloud Computing
    • Notable Investments: Waymo, DeepMind, SpaceX
  • ABC World Asia
    • Details: ABC World Asia is an Asia-focused private equity fund dedicated to impact investing. It aims to generate positive social or environmental impact alongside financial returns.
    • Investment Focus Areas: Sustainable food and agriculture, financial and digital inclusion, better health and education
    • Notable Investments: Not publicly disclosed
  • Bill & Melinda Gates Foundation
    • Details: The Bill & Melinda Gates Foundation is a private foundation founded by Bill and Melinda Gates. It focuses on global health, education, and poverty alleviation.
    • Investment Focus Areas: Global health, education, poverty alleviation
    • Notable Investments: Gavi, the Vaccine Alliance, Global Fund, PATH
  • Chiratae Ventures
    • Details: Chiratae Ventures is an India-based venture capital firm investing in early-stage technology companies. It has a strong focus on innovation and growth in the tech sector.
    • Investment Focus Areas: Early-stage technology companies, deep-tech, AI
    • Notable Investments: Myntra, Lenskart, Bounce
  • JSR Corporation
    • Details: JSR Corporation is a Japanese company specializing in the production of synthetic rubber and fine chemicals. It is a leader in materials innovation and technology.
    • Investment Focus Areas: Synthetic rubber, fine chemicals, advanced materials
    • Notable Investments: Not publicly disclosed

What's Next for Cropin?

Cropin's future looks promising with significant opportunities for global expansion, particularly in Europe and Africa. The company aims to enhance its machine learning-based predictive analytics platform, SmartRisk, and deepen market penetration. With the potential to impact 70 million farmers globally in the next 3-5 years, Cropin is well-positioned to leverage industry trends like digitalization and AI in agriculture.

Future fundraising opportunities appear bright, given Cropin's strong track record and the involvement of high-profile investors like ABC World Asia and the Bill & Melinda Gates Foundation. However, challenges such as navigating global market complexities, ensuring data accuracy, and competing with other agri-tech firms remain. Despite these hurdles, Cropin's innovative solutions and strategic partnerships are likely to attract further investment and drive continued growth.

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