Agtech firm BharatRohan, situated in Gurugram, India, has received a $2.3 million pre-IPO investment round. The company specialises in drone-based hyperspectral remote sensing.
A group of Ultra High Net Worth Individuals participated in the venture alongside Villgro Innovation Foundation, Caspian, RevX, and Venture Garage, indicating a deliberate combination of loan and equity investment.
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It was founded in 2016 by Rishabh Choudhary and Amandeep Panwar, offers a system that detects illnesses, pests, and nutritional inadequacies early on, allowing Integrated Pest Management techniques for residue-free crop farming.
Through the provision of real-time, data-driven insights, the company enables farmers to make well-informed decisions, optimise resource allocation, and enhance crop resilience against erratic weather patterns. Currently, it provides innovative Drone-based Decision Support System called BharatRohan CropAssure to 50,000 farmers across 2,00,000 acres in 5 states.
The funding will be used by the startup to create drones with edge computing technology that are specifically designed for accurate crop monitoring and variable pesticide spraying. Through franchise-based business models, these drones will be made available to rural entrepreneurs, allowing them to provide farmers with CropAssure® Services. BharatRohan also intends to create tiny hyperspectral and multispectral drone sensors.
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By 2025, the company plans to cover 10 lakh acres and extend its operations and capabilities across 15 Indian states. In addition to providing its drone-based crop monitoring Decision Support System, BharatRohan entered into the procurement of residue-free farm products cultivated by farmers using its BharatRohan CropAssure® Services, which is grown using Integrated Pest Management techniques. By introducing its pesticide-free farm produce to consumers worldwide, BharatRohan hopes to increase its influence and reach on a global level.
About BharatRohan
BharatRohan uses revolutionary UAV/drone based hyperspectral remote sensing and artificial intelligence to provide the Indian agriculture business with an unprecedented level of in-depth understanding of land and crops.
