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§ Private Profile · Bengaluru, India
AI-powered IoT sensors & smart irrigation for precision horticulture farmers in India, boosting crop yields & reducing water use.
Fasal is a Bangalore, India-based agritech company that provides an AI-powered platform and IoT sensors for precision horticulture, smart irrigation automation, and farm condition monitoring. Operating on a SaaS model with hardware subscriptions, the enterprise has deployed over 10,000 devices across Indian farms to optimize fertilizer usage, maintaining a farmer retention rate exceeding 90 percent among its users. The organization also operates a B2B produce sales and traceability brand called Fasal Fresh, generating approximately $13.7 million in annual revenue with a current workforce of 65 employees. Fasal has raised approximately $19.4 million in total funding, including a $12 million Series A round led by TDK Ventures and British International Investment, with additional backing from Omnivore and The Yield Lab Asia Pacific. The agricultural technology company was founded in 2018 by Shailendra Tiwari and Ananda Prakash Verma.
Fasal has raised $17.6M across 3 funding rounds.
Fasal has raised $17.6M in total across 3 funding rounds.
Fasal is a Bengaluru-based agritech startup founded in 2018 that builds an AI-powered precision horticulture platform to optimize farming operations.[1][2] It offers IoT sensors (like soil moisture and temperature sensors), weather stations, smart irrigation controllers (FasalHub), and fertigation automation systems (FasalJet) that enable automated drip irrigation, nutrient delivery, microclimatic forecasting, disease/pest prediction, and irrigation management tailored to specific crops and growth stages.[1][2] Serving farmers in the agricultural sector—particularly in horticulture—Fasal solves key pain points like high cultivation costs, water waste, low yields, and poor produce quality by turning farmers into data-driven decision-makers via mobile app insights.[1][2][3] The company has raised $17.98M in funding up to Series A-II stage, demonstrating strong growth momentum with thousands of farmers adopting its tech for efficiency gains.[1][5]
Fasal was founded in 2018 in Bengaluru, India, amid rising demand for tech solutions in agriculture to address inefficiencies in traditional farming.[1] While specific founder names are not detailed in available sources, the company emerged from the need to empower Indian farmers with IoT and AI tools, starting with Fasal Sense—an early IoT sensor system for real-time farm monitoring.[3] Early traction came from deploying these sensors to provide actionable data on soil, weather, and crop health, quickly expanding to full automation suites like irrigation and fertigation systems, which helped farmers cut costs and boost yields.[1][2][4] Pivotal moments include securing Series A-II funding and partnerships that scaled its adoption across horticulture farms.[1]
Fasal stands out in the crowded agritech space through hardware-software integration focused on horticulture precision:
Fasal rides the agritech wave fueled by climate change, water scarcity, and India's push for sustainable farming amid a growing global food demand.[1] Its timing aligns with AI/IoT maturation in emerging markets, where 60% of India's population relies on agriculture but faces low productivity—Fasal's precision tools capitalize on this by enabling "farming as a service" models.[3] Market forces like government subsidies for smart irrigation, VC interest in short-gestation IP-process hybrids, and rivals like Cropin/Airwood highlight a competitive yet expanding ecosystem where Fasal influences by proving hardware-AI viability for smallholder farmers.[1] It contributes to the startup ecosystem by accelerating commercialization in precision ag, attracting investors like TDK Ventures and inspiring data-driven shifts in global horticulture.[1][4]
Fasal is poised for hypergrowth as agritech scales with AI advancements and climate tech mandates, potentially expanding to export markets and full-stack farm finance via its data moat.[1][2] Trends like edge AI for offline farms and regulatory pushes for water efficiency will propel it, evolving its role from automation provider to ecosystem orchestrator—partnering with aggregators and insurers. Watch for Series B and global pilots; if it sustains yield gains, Fasal could redefine precision horticulture, turning India's farms into resilient, high-output operations and rewarding early backers handsomely. This positions it as a prime bet in food security tech.
Fasal has raised $17.6M in total across 3 funding rounds.
Fasal's investors include Siddharth Mehta, Srini Nagarajan, 3one4 Capital, Matrix, TDK Ventures, Venture Highway, Aureolis Ventures, Genting Ventures, ITI Growth Opportunities Fund, Navam Capital, Omnivore, The Yield Lab Asia Pacific.
Fasal has raised $17.6M across 3 funding rounds. Most recently, it raised $12.0M Series A in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2023 | $12M Series A | Siddharth Mehta, Srini Nagarajan, Srini Nagarajan | 3one4 Capital, Matrix, TDK Ventures, Venture Highway, Aureolis Ventures, Genting Ventures, ITI Growth Opportunities Fund, Navam Capital, Omnivore, The Yield LAB Asia Pacific, Wavemaker Partners | Announced |
| Nov 1, 2021 | $4M Seed | 3one4 Capital | Venture Highway, Sandeep Singhal, Antares Investments, Genting Ventures, Omnivore, The Yield LAB Asia Pacific, Wavemaker Partners | Announced |
| Oct 30, 2019 | $1.6M Seed | Mark Kahn, B. Paul Santos | Animoca Brands, Mistletoe, Mount Parker Ventures, Zeroth | Announced |