Funding · Agriculture & Food Systems
Balwaan Krishi raises ₹100 crore in Series B
By Startup Enthusiast ·
- Date
- Company
- Balwaan Krishi
- What it does
- Farm machines for small farmers
- Kind
- Funding
- Amount
- ₹100 Cr
- Stage
- Series B
- Based in
- Bengaluru
- Founded
- 2016
What they do
Balwaan Krishi makes affordable farm equipment such as power weeders and battery sprayers for small and marginal farmers
What happened
Its ₹100 crore Series B was led by First Bridge India Growth Fund, with other institutions joining; Right Pillar Advisors advised
Why it matters
The money goes into more local manufacturing, a bigger dealer and service network in southern India, and machines with sensors that predict breakdowns
The details
- Balwaan Krishi has raised ₹100 crore in a Series B round (a later funding round for a growing company).
- First Bridge India Growth Fund, a private equity fund, led the round.
- Other institutional investors also took part, though they were not named.
- Right Pillar Advisors, an investment bank, advised on the deal.
- The company will spend the money on factories, its dealer network and new products.
The bigger picture
- Small farmers are paying more for labour, which pushes them to look at machines.
- Affordable mechanisation (using machines instead of hand labour) is still hard for many of them to get.
- The lead investor sees demand for such machines rising and backs Balwaan's reach among small farmers.
About the business
- Balwaan Krishi makes and sells farm machines such as power weeders, brush cutters, sprayers, reapers and water pumps.
- Its buyers are small and marginal farmers across India, plus dealers and businesses that buy in bulk.
- It earns money from direct product sales through its online store and a network of more than 1,500 dealers.
- It stands out for low prices (most machines cost between Rs 10,000 and Rs 1 lakh), call support and easy returns.
- It stocks over 7,000 product types from 10 warehouses, and is based in Bengaluru.
What happens next
- Balwaan will widen its dealer and service network across southern India.
- It will add manufacturing capacity in India and launch new sensor-enabled machines.
The deal
- Type
- funding
Investors
- First Bridge India Growth Fund (lead) — Private equity fund run by First Bridge Investment Managers.
Founders
- Rohit Bajaj, Co-founder and CEO
- Shubham Bajaj, Co-founder
Other articles talking about it
More on Balwaan Krishi
- Balwaan Krishi opens South India hubs2 July 2026 · Launch
- Balwaan Krishi buys farming channel Farming Leader2 June 2026 · Acquisition
- Balwaan Krishi opens Jaipur plant and new warehouses18 September 2025 · Launch
- JM Financial invests ₹40 crore in Balwaan Krishi19 June 2024 · Funding · ₹40 Cr
- Balwaan Krishi launches ISI-certified farm equipment12 July 2023 · Launch
- Balwaan Krishi raises $2 million pre-Series A30 May 2023 · Funding · $2M
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