Agritech startup Cropcoin has raised Rs 12 crore in a pre-Series A funding round led by Unicorn India Ventures, with participation from Climate Angels. The Gurugram-based company had previously raised $300K in 2024 and $169K in a seed round. The fresh capital will be used to expand operations from 10 districts to all 66 districts across Bihar and Jharkhand.
Converting agricultural waste into sustainable inputs
Founded in 2022 by Pankaj Pandey and Ehtesham Farooqui, Cropcoin focuses on agricultural waste management and soil health. The startup converts animal waste into organic fertilisers and bio-stimulants, enabling poultry and dairy farms to improve hygiene while generating additional income streams.
Driving sustainable farming and reducing chemical dependency
Cropcoin’s model promotes sustainable farming practices by reducing reliance on chemical fertilisers, improving soil health, and lowering greenhouse gas emissions. Its solutions support the production of chemical-free food, contributing to better farm productivity and environmental outcomes.
Strong traction with rapid revenue and farmer growth
The startup has reported 3x revenue growth over the past year and expanded its farmer network from 20,000 to 70,000 farmers across Bihar, Jharkhand, and Manipur. It is on track to achieve an ARR of Rs 10 crore with minimal burn, indicating strong early traction.
Expansion plans across districts and Northeast India
Over the next 12–18 months, Cropcoin aims to complete its 66-district rollout in Bihar and Jharkhand, expand its farmer base to 1.5 lakh+, and strengthen its presence in the Northeast. The company is positioning itself as a key player in India’s sustainable agritech ecosystem.
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