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Launch · Agriculture & Food Systems

Agrilectric founder seeks investors for smart farming tools

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Date
Company
Agrilectric
What it does
AI-IoT agri solutions for small farmers
Kind
Launch
Amount
₹3 lakh
Stage
bootstrapped
Sector
Agriculture & Food Systems

What they do

Agrilectric builds AI-IoT tools for small and marginal farmers, focusing on affordability and remote access

What happened

Founder Rohan Suresh bootstrapped with ₹3 lakh for prototypes and farm tests, now hunting investors

Why it matters

He prioritizes networks and market access over capital, targeting a 7-10 year agri-tech timeline

The details

  • Agrilectric is a startup that builds AI-IoT (artificial intelligence and internet of things) solutions for small and marginal farmers.
  • The company was founded by Rohan Suresh, a mechanical engineer turned self-taught AI and IoT specialist.
  • Suresh bootstrapped the startup with ₹3 lakh (about $3,600) to fund initial prototypes and farm tests.
  • The startup is currently in the early stage, with an ongoing hunt for investors.
  • Suresh has pitched to hundreds of investors, prioritizing those offering networks, distribution, and market access over just capital.
  • The company plans to follow a 7-10 year timeline typical for agri-tech ventures.
  • Agrilectric's vision includes building full-stack ecosystems, collaborating with policymakers and manufacturers, and covering setup-to-sale flows.
  • The startup aims to provide comprehensive smart farming solutions for all scales of agriculture.

The bigger picture

  • Indian agriculture suffers from high manual labor dependence, outdated methods, and a lack of data insights.
  • Agrilectric's products aim to address these problems with affordable, remote-access technology.
  • The startup also focuses on environmental benefits by incorporating renewable energy and a circular economy approach.
  • The founder's background in electric vehicles and personal farming exposure informs the product design.
  • The company's name blends 'agri' and 'electric', reflecting its focus on renewable energy and sustainability.

About the business

  • Agrilectric provides AI-IoT solutions for small and marginal farmers.
  • The company targets affordability for smallholders, remote access, and green energy cost cuts.
  • Products include ergonomic designs that reduce vibrations, benefiting women and elderly farmers.
  • The startup uses field trials for hands-on testing and relies on word-of-mouth for adoption.
  • Agrilectric aims to create full-stack ecosystems, from setup to sale, for farmers.
  • The company plans to collaborate with policymakers and manufacturers to scale its impact.

What happens next

  • Continue the ongoing hunt for investors.
  • Prioritize partnerships offering networks, distribution, and market access.
  • Develop full-stack ecosystems with policymakers and manufacturers.
  • Expand smart farming solutions to all scales of agriculture.

The deal

Type
bootstrapped

Founders

  • Rohan Suresh, Founder

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