InI Farms Pvt. Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
InI Farms Pvt. Ltd. - overview
Established
2009
Location
Mumbai, -, India
Primary Industry
Agribusiness
About
InI Farms Pvt. Ltd. is a horticultural company specializing in the production and distribution of high-quality fresh fruits and processed goods, with a focus on sustainability and innovative supply chain management. Founded in 2009 in Mumbai, India, InI Farms Pvt.
Ltd. focuses on horticultural products, including pomegranates, bananas, berries, and avocados. The company has secured a total of USD 1. 95 mn in funding, with its most recent investment round taking place in April 2023, led by Aavishkaar Capital.
The CEO is Purnima Khandelwal, while Gaurav Bagde is the founder. InI Farms has completed a total of 9 deals since its inception. InI Farms specializes in the production and distribution of high-quality horticultural products, primarily focusing on fresh fruits and processed goods. Their core offerings include pomegranates, bananas, berries, and avocados, which are marketed under the brand Kimaye.
The company employs advanced technology to manage the entire value chain, ensuring minimal wastage, high standards of hygiene, and consistent quality through direct connections between consumers and farmers. InI Farms aggregates thousands of farmers, enabling a standardized product offering that meets the demands of both domestic and international markets, primarily targeting major urban centers across India and select global locations. The revenue model for InI Farms is structured around direct transactions with consumers and business partners, including retailers and wholesalers. The company reported a revenue of USD 33.
89 mn for the year 2022, with an EBITDA of USD -1. 96 mn. InI Farms engages in B2B sales through partnerships with supermarkets and grocery chains, while also catering to direct consumer sales under the Kimaye brand, emphasizing superior quality and safety standards throughout its supply chain. In April 2023, InI Farms Pvt.
Ltd. raised USD 1. 95 mn in funding, set to facilitate multifold growth and expansion across its agriculture output business. The company aims to leverage its current supply chain capabilities to introduce new products and expand into additional markets.
Specific plans for market expansion will target both domestic and international regions, enhancing its presence in urban centers and growing its distribution network.
Current Investors
Aavishkaar Capital, Lightrock, Unilazer Ventures
Primary Industry
Agribusiness
Sub Industries
Canned/Frozen Fruit & Vegetables, Crop Production
Website
www.inifarms.com
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.