Launch · Agriculture & Food Systems
Agrilectric founder seeks investors for smart farming tools
By Startup Enthusiast ·
- Date
- Company
- Agrilectric
- What it does
- AI-IoT agri solutions for small farmers
- Kind
- Launch
- Amount
- ₹3 lakh
- Stage
- bootstrapped
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- Indian agriculture suffers from high manual labor dependence, outdated methods, and a lack of data insights.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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