Agtech firm BharatRohan raises $2.3 million in pre-IPO round
Agtech firm BharatRohan, which specialises in dronebased hyperspectral remote sensing, has secured $2.3 million in a pre-IPO round from investors, including Villgro Innovation Foundation, Caspian, RevX and Venture Garage (with a group of ultra high net-worth individuals as investors), through a blend of debt and equity financing.
Founded by Rishabh Choudhary and Amandeep Panwar in 2016, BharatRohan currently supports 50,000 farmers, covering two lakh acres in five States with its drone-based service BharatRohan CropAssure. It identifies diseases, pests, and
BharatRohan founders Rishabh Chaudhary and Amandeep Panwar
nutritional deficiencies in the early stages, enabling integrated pest management for residue-free crop cultivation. It oers farmers real-time, data-driven insights to aid informed decision-making, optimise resource allocation and enhance crop resilience against unpredictable weather patterns. With the latest funding, the company will focus on developing proprietary edgecomputing drones for crop monitoring and variable pesticide application. The drones will be provided to rural entrepreneurs through franchisebased models, enabling them to oer CropAssure services to farmers. Additionally, the company plans to design and develop compact hyperspectral and multispectral sensors for drones.
BharatRohan is poised to expand its operations to 15 States, covering 10 lakh acres by 2025. It has reported threefold revenue growth and 200 per cent profit growth compared to the previous financial year.