Fasal develops a patented IoT-SaaS platform that delivers farm-level, crop-specific and crop-stage specific actionable intelligence for progressive horticulture farmers. Its platform provides real-time crop growing intelligence to Indian farmers to enable data-driven decisions. Co-founded by Shailendra Tiwari (CEO) and Ananda Verma (CTO), the company has more than 160 employees, a presence across 12 districts in India and Southeast Asia, and has deployed over 6,000 IoT devices. The company intends to use new funds to expand operations domestically and internationally. Fasal also plans to diversify into new business streams including secondary processing of farm produce and Software as a Service (SaaS) intelligence. Fasal received an investment from Beyond Capital Ventures; the amount of the deal was not disclosed. Fasal is a precision horticulture company that combines AI, crop sciences and proprietary IoT-crop intelligence to deliver farm-level, crop-specific and crop-stage-specific insights. Its platform enables resource optimization (water, pesticides) and higher farm productivity while procuring high-quality, traceable produce for an end-to-end optimized value chain. Since commercializing its technology, Fasal has worked with horticulture farmers across more than 75,000+ acres on crops including grapes, pomegranates, bananas, apples, chili and cardamom. The company describes its IoT-crop intelligence as patented and operates a B2B brand, Fasal Fresh. It plans to use new funding to accelerate R&D, innovate its proprietary farm IoT-crop intelligence, and develop advanced cross-industry data products to foster a carbon-negative agriculture value chain. Fasal intends to expand the business in India, Southeast Asia and Africa. Fasal is a full-stack, artificial intelligence-powered IoT SaaS platform for progressive horticulture that uses on-farm sensors and scientific algorithms to deliver farm- and crop-specific actionable insights in vernacular languages. The company provides on-farm sensing and analytics to generate agronomy recommendations and monitoring for growers. Fasal is developing additional services including fruit and vegetable market linkages and parametric crop insurance. The platform reports saving more than 9 billion liters of irrigation water, reducing pesticide expenditure by about 60%, and increasing yields across more than 40,000 acres to date. Fasal plans to use its new funding to expand across India and Southeast Asia and to strengthen its full-stack services. The company also intends to ramp up hiring across sales and marketing, agronomy, and technology teams. Fasal, launched in 2018 by Ananda Prakash Verma and Shailendra Tiwari and operated by Wolkus Technology Solutions Pvt. Ltd, is an AI-powered IoT‑SaaS platform for horticulture. It captures real-time data from a field sensor array that measures micro-climate, soil, and crop conditions and claims the array can be installed by farmers in less than 15 minutes. The platform translates that data into farm-specific, actionable advisories delivered via mobile in vernacular languages. Fasal says farmers have seen major increases in profitability and significant water savings after using its service, and the company aims to become a full‑stack platform for horticulture farmers. It is presently operating in Maharashtra, Karnataka, Chhattisgarh, Madhya Pradesh, Tamil Nadu, and Andhra Pradesh and plans pan‑India expansion and entry into Southeast Asian markets. The recent funding will be used to build AI capabilities for each horticulture value chain and to launch a lower‑cost installable version of its field sensor array.

Total raised

$18M

Funding rounds

4

Latest round

Series A

Latest activity

Dec 2023