NAVA Design & Innovation Pvt Ltd

NAVA Design & Innovation Pvt Ltd specializes in automating coconut sap extraction with its innovative product, SAPER, enhancing productivity for farmers while promoting sustainable practices in the coconut industry. Founded in 2016 and headquartered in India, NAVA Design & Innovation Pvt Ltd focuses on the development of robotics for agricultural applications. The company launched its flagship product, SAPER, in the same year. Under the leadership of CEO Charles Varghese, NAVA has completed one deal, raising funding in November 2019 from Brinc.

NAVA Design & Innovation Pvt Ltd is primarily focused on its flagship product, SAPER, the world's first coconut sap tapping robot. Released in 2016, SAPER incorporates advanced technology to automate the sap extraction process from coconut trees, performing all tasks traditionally handled by human tappers. This device operates using AI and solar energy, significantly reducing the number of tree climbs required for sap extraction from 270 to just 2 per inflorescence, while also ensuring fresh, contamination-free sap is collected at ground level through a centralized closed collection system. The end users of this technology include coconut farmers and farmer producer organizations (FPOs) primarily located in major coconut-producing regions globally, such as Southeast Asia, South Asia, and parts of the Pacific Islands, where the demand for value-added coconut products is on the rise.

The company aims to enhance productivity and income for both farmers and tappers while promoting sustainability in the coconut industry. NAVA Design & Innovation generates revenue through a direct-to-consumer model, specifically targeting coconut farmers and agricultural cooperatives. The company’s primary revenue stream is derived from the sale of its SAPER robotic devices, which are priced based on their advanced technology and features, tailored to improve efficiency in coconut sap extraction. In the most recent year, 2023, the company reported revenue of USD 4,898.

30 mn and an EBITDA of USD 7,078. 30 mn. Additionally, partnerships and collaborations with local agricultural organizations and government bodies facilitate the distribution and piloting of these devices in rural areas, further enhancing their market reach. The company’s innovative approach not only supports farmers in tapping coconut sap but also allows them to diversify into value-added products such as coconut sugar and jaggery, thereby potentially increasing their overall profitability in the agricultural sector.

NAVA Design & Innovation plans to develop new products aimed at enhancing agricultural automation and efficiency. With funding raised in November 2019, the focus will be on accelerating product development and expanding into new geographic markets. The targeted regions for expansion include Southeast Asia and South Asia, with initiatives set to launch by 2025. The recent venture funding will support these initiatives, particularly in enhancing production capabilities and scaling operations to meet increasing demand.