The Venture Codex Logo

The Venture Codex

Aibono

First Floor, G.R. Square (Indiqube), Amar Jyoti Layout, Koramangala Road, Adjacent to Jeep/Fiat Showroom, Bangalore, Karnataka, 560071, India

Overview

Aibono is an AI-driven platform that supplies small-scale farmers with sensors and analytic software to predict harvest volumes 60–90 days in advance and help sync supply with retailer demand in real time. The platform processes food consumption data and works with both farmers and retailers to optimize sourcing, transport and pricing, aiming to reduce post-harvest losses. The company targets higher price realization for farmers while reducing inconsistent supply of fresh produce to consumers. Aibono was founded in 2014 by IIT Madras graduate Vivek Rajkumar and operates out of India with plans to expand further in South India and into additional Tier 1 and Tier 2 cities. The business aims to scale its network to 2,000 farmers and 1,000 retailers using the newly raised capital. Financially, the company completed an early-stage seed raise to support this strategic growth.

Total raised
$3M
Funding rounds
1
Latest round
Equity
Latest activity
Mar 2019

Industries

  • Agriculture
  • Analytics
  • Farming
  • Information Technology
  • Predictive Analytics
Visit website

Recent funding

  1. Equity

    Mar 2019

    $3M

Team