Rs 250 investment, Rs 90 lakh annual revenue. How Kerala woman turned mushroom farming on her balcony into a thriving business
With merely Rs 250 in hand, Kerala couple Shije and Thankachan embarked on their mushroom farming adventure in a small space. Initially, they faced humble profits, making between Rs 2,000 and Rs 5,000 monthly. Fast forward a few years, and their v...

The Kerala couple are planning to double their annual revenue to Rs 1.6 crore. (AI-generated image from ChatGPT)
Kerala couple’s mushroom business launch
Shije, 57, and her husband, Thankachan, 67, both belong to an agricultural background, as per a report by Startuppedia. In 2007, they started experimenting with oyster mushroom cultivation through trial and error with an investment of only Rs 250 for mushroom beds and spawn.In 2008, the couple gained experience, investing about Rs 50,000 to set up 600 mushroom beds on their agricultural land. A year later, Shije and her husband launched Coon Fresh and started selling fresh mushrooms, spawn, and mushroom-based products, such as mushroom momos, mushroom cutlets, sandwiches, bread rolls, pickles, chutney powder, millet payasam, and fortified cake.
How Kerala couple’s mushroom business boomed
Coon Fresh had a humble beginning in the initial 3-4 months, producing about Rs. 2000-5000 per month. Slowly and gradually, the brand started gaining traction, and by 2009, the business was making Rs 3 lakh.From 5 mushroom beds, it has become 6000 beds, turning into a bio-high-tech mushroom farm, producing 12 tons of mushrooms annually. The farm is also equipped with biodiversity, bioprocessing, biocontrol, and bioefficiency.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.