ImpactAlpha, January 11 – Bangalore-based CropIn helps farmers analyze crop yields and risks with satellites, sensors and weather data. The 10-year-old company says it has served four million farmers worldwide.
It raised Series C funding with backing from Singapore-based ABC World Asia, Invested Development, family office Pratithi Investment Trust and the U.K.’s CDC Group. Chiratae Ventures re-upped, along with impact investor Ankur Capital, one of CropIn’s earliest backers.
CropIn’s financing is the latest for India’s hot agtech sector. “The COVID-19 global pandemic is highlighting the vulnerability of global food supplies and impacting the livelihoods of many smallholder farmers,” said ABC World Asia’s David Hang.