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- Innoterra
Innoterra Funding, Investors & Competitors
Innoterra has raised $101M across 2 funding rounds, most recently a $56M undisclosed-stage round in March 2022.
Last Innoterra funding round
$56M
Undisclosed stage · Mar 2022
Cumulative funding Innoterra raised
$101M
across 2 funding rounds
About Innoterra
Innoterra is a Hyderabad-based agri-tech platform linking farmers to markets, inputs, and finance. It deploys IoT sensors for crop monitoring and AI advisory in India, serving 100,000 smallholders with supply chain tools. The company partners with banks for credit scoring and processors like ITC. Founded in 2019, Innoterra expands to Southeast Asia rice belts.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission, Subscription
Innoterra Funding History
Innoterra has raised a total of $101M across 2 funding rounds.
Innoterra's first fundraising round was a $45M undisclosed-stage round in March 2021. The most recent completed round was a $56M undisclosed-stage round in March 2022.
Innoterra funding rounds
| Date | Stage | Raised | Deal Summary |
|---|---|---|---|
| Mar 2022 | Undisclosed stage | $56M | Innoterra is a Swiss-Indian AgriTech company founded around 2004-2020, operating a digital platform that connects Indian retailers with global farmers for direct sourcing of sustainable rice, spices, dairy, and other products via B2B marketplace FarmLink, while offering bioscience solutions like BanacXin plant vaccine and tech for traceability and farm management across 14 countries. The company has raised a total of $101 million across 3 funding rounds, with the first round being an unspecified $45M on March 1, 2021, followed by a $6.3M grant from India's National Horticulture Board on April 20, 2023; no details on a specific round around March 31, 2022 or post-money valuations are available. Innoterra emphasizes supply chain transparency, food waste reduction, financial inclusion for farmers via digital payments, and sustainable practices, supporting over 30,000 farmers and operating in 11 geographies with offices in India, Switzerland, and elsewhere. Traction includes partnerships like a ₹400+ Cr alliance with Milky Mist for 100 KL/day traceable milk uplifting 10,000+ farmers, acquisition of Fasal’s fresh food distribution business in 2025 to expand to 85,000-acre networks and 550+ buyers, and impact metrics like food waste under 1%, 8% methane reduction, and regenerative agriculture on 1,000+ hectares in 2024-25. The company won the FICCI AgTech Award in 2024 for BanacXin and focuses on high-margin, capital-efficient models with access to 12,500+ retailers and 10M+ farmer households. Financials show net profit of $373.46K USD as of March 31, 2024, with 32-364 employees reported variably, but no revenue, ARR, or EBITDA near 2022. |
| Mar 2021 | Undisclosed stage | $45M | - |
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Start Free TrialAcquisitions by Innoterra
Innoterra has acquired 1 company to date.
Last acquisition by Innoterra was on March 6th 2025. Innoterra acquired Fasal (fresh produce distribution unit) for undisclosed valuation.
Latest Acquisitions by Innoterra
| Description | - |
| HQ Country | |
| HQ City | - |
| Deal Date | 6 Mar 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Innoterra acquisitions and their M&A valuation multiples. Start Free Trial | |
Innoterra Competitors
Innoterra competitors include listed companies like Oracle, Snowflake, Datadog and MongoDB, and private ones like Farmers Business Network and Databricks.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $4B | - | ||
| Publicly listed | $67B | $33B | $455B | 7.8x | ||
| Private | $7B | - | $190B | 27.1x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x | ||
| Publicly listed | $3.4B | ($588K) | $85B | 19.4x | ||
| Publicly listed | $2.5B | ($104M) | $32B | 10.4x |
Innoterra Public Comps
Innoterra is still privately-owned, but its public comps include Oracle, Palantir, Snowflake, Datadog, Corteva, BASF, Archer-Daniels-Midland, Nutrien, Muyuan Foods and MongoDB.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $17B | $2.9B | 3.3x | 3.2x | 19.5x | 13.9x | |||
| $69B | $8.2B | 1.1x | 1.0x | 8.9x | 8.6x | |||
| $80B | $2.9B | 0.6x | 0.6x | 17.4x | 11.2x | |||
| $27B | $6.1B | 1.9x | 1.8x | 8.2x | 8.0x | |||
This data is available for Pro users. Sign up to see all Innoterra competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Innoterra
| When was Innoterra founded? | Innoterra was founded in 2020. |
| Where is Innoterra headquartered? | Innoterra is headquartered in Mumbai, India. |
| Is Innoterra publicly listed? | No, Innoterra is a private company. |
| How much funding has Innoterra raised? | Innoterra has raised $101M across 2 funding rounds. |
| What was Innoterra's last funding round? | Innoterra's last funding round was a $56M undisclosed-stage round in March 2022. |
| Which companies are comparable to Innoterra? | Companies comparable to Innoterra include Farmers Business Network, Oracle, Databricks, Snowflake, Datadog and MongoDB. |
| How many companies has Innoterra acquired? | Innoterra has acquired 1 company, including Fasal (fresh produce distribution unit). |
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