Advanta Seeds

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Advanta Seeds - overview

Established

1989

Location

Dubai, -, United Arab Emirates

Primary Industry

Agribusiness

About

Based in Dubai, United Arab Emirates, Advanta Seeds excels in providing advanced agricultural solutions, specializing in the development and production of high-performance hybrid seeds for diverse agricultural markets. Advanta Seeds, founded in 1989 in Dubai, United Arab Emirates, focuses on the agricultural sector by developing hybrid seeds. The company does not have publicly available information on any significant changes in business strategy or operations. Currently led by CEOs Bhupen D and Herry Kristanto, Advanta Seeds has attracted INR 33.


78 billion in funding through its most recent round, a SECONDARY BUYOUT, which involved Alpha Wave Global acquiring a 12. 44% minority stake from UPL Limited. This funding marks a total amount raised of INR 33. 78 billion from two notable deals, the latest of which occurred on November 19, 2024.


Advanta Seeds specializes in advanced agricultural solutions, focusing on the development and production of high-performance hybrid seeds tailored to meet the demands of diverse agricultural markets. Their core offerings include a wide array of hybrid corn varieties, notably the EthoMax™ corn hybrid, designed for superior ethanol yield with a focus on sustainability. Additionally, Advanta has a robust portfolio of sweet corn, baby corn, and sorghum hybrids, which are cultivated to address specific needs such as climate resilience, pest and disease tolerance, and enhanced nutritional value. These seed technologies are distributed across various geographical markets, including regions in Asia, South America, and Australia, where they serve farmers, agronomists, and agricultural producers aiming to boost crop yields and operational efficiency.


Advanta Seeds generates revenue primarily through the sale of its hybrid seeds and associated agricultural technologies. The transaction structure typically involves direct sales to farmers and agribusinesses, which may operate on a B2B basis, fostering partnerships with agricultural retailers and wholesalers. Clients engage with Advanta’s products through established pricing plans that reflect the quality and performance of their seed varieties, including flagship products like the EthoMax™ corn hybrid. Revenue is accrued from both one-time purchases and potentially ongoing supply agreements, supporting farmers in various regions as they seek to enhance their crop production and overall agricultural practices.


In November 2024, Advanta Seeds plans to utilize the funding from its most recent deal to support its expansion and growth initiatives. The company is focused on developing new hybrid seed products tailored for emerging agricultural markets, with specific plans to expand into regions in Asia and South America within the next two years. Advanta aims to launch these new products alongside their existing lineup, optimizing their offerings to meet the evolving needs of farmers and improving crop productivity.


Current Investors

Alpha Wave Global

Primary Industry

Agribusiness

Sub Industries

Crop Production, Farm Support Services

Website

www.advantaseeds.com

Verticals

Agtech

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Advanta Seeds - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutCompletedADRIATICA S.P.A.'s Key Corn Assets-
Secondary BuyoutCompletedAdvanta Seeds-
Secondary BuyoutCompletedAdvanta Seeds-

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