CropIn raises $20 million in Series C funding to expand globally

Agritech firm CropIn has raised $20 million in series C funding round to expand the reach of its farm management and predictive analytics solutions.

The artificial intelligence and data-led agri-tech firm said the funds would be used to focus on its global expansion while continuing to innovate on its machine learning-based predictive analytics platform, SmartRisk, which improves underwriting and risk assessment, enabling banks, insurance providers and other financial institutions to make informed underwriting decisions.

The funding round was led by ABC World Asia, while existing investors Chiratae Ventures, Invested Development and Ankur Capital also participated. The new investors in this round include CDC Group and Kris Gopalakrishnan’s family office Pratithi Investment Trust.


CropIn said it is also investing to penetrate deeper into its target markets globally. The company has recently opened an office in Amsterdam and would hire local leaders to drive growth in the European market.

The company’s data-driven farming solutions enable agri-enterprises and growers to ‘maximize per-acre value’. Its farm data and agronomy management platform, SmartFarm, empowers stakeholders to improve efficiency, productivity, predictability, and sustainability of their crop value-chains.

SmartFarm enables agri-enterprises to adhere to food safety standards thereby ensuring farm-to-fork traceability. The platform helps growers adopt sustainable farming practices to build long term economic viability and resiliency for local farming communities.

CropIn has partnered with several global players in agriculture, including development finance institutions and government entities in 52 countries, to drive their digital and sustainability goals.

“The industry is capturing more data than ever, on everything from agronomy, weather and logistics to market price volatility, which has helped reduce acute data gaps throughout the value chain. In order to improve yields, optimise production and improve resilience and sustainability, agri-businesses are increasingly relying on innovative agri-tech solutions like artificial intelligence, data analytics, and the internet of things. We, at CropIn, are excited to advance the ‘AI-Culture’ for Agriculture,” Krishna Kumar, founder and CEO, CropIn, said.