CropIn Technology gets investment

CropIn Technology Solution, a Bengaluru-based agtech startup which started its operation in 2017, raised $8 million seed fund from reputed global investors across India and the US.

The company enables data-driven farming by connecting the different players in the agro-ecosystem, including companies working in seed production, agri-input, banking, insurance, government bodies, and development agencies.

CropIn has come up with a platform to digitise 20,000 farmers’ data in the country. It operates in 29 countries, mostly emerging markets, and has digitised over 31 lakh acres of farmland, impacting the lives of nearly 16 lakh farmers globally.

The Karnataka Government has partnered with CropIn to adopt data-driven farming solutions in 30 districts.

The Union Ministry of Rural Development (MoRD), supported by the World Bank, initiated the Sustainable Livelihoods and Adaptation to Climate Change (SLACC) Project. The company implemented the pilot project in Madhya Pradesh and Bihar, in partnership with National Rural Livelihoods Project (NRLP) and supported by the State Rural Livelihood Missions (SRLM).

CropIn came up with its climate-smart, weather-based agro advisory module to SLACC to help farmers adapt to climate change. CropIn digitised over 90,000 farm plots and helped farmers build sustainability and boost productivity over the last 18 months.

The company founders are saying that with 55% of India’s population depending on agriculture for a living, and nearly 70% living in rural areas that poses a major challenge.