TaniHub Group operates a three-unit agritech platform—TaniHub (B2B e-commerce), TaniSupply (logistics and warehousing) and TaniFund (fintech lending)—that connects farmers directly to restaurants, retailers and consumers. The company supports order fulfillment through six warehousing and processing facilities and its own couriers or third-party logistics providers, enabling harvests to be washed, sorted and packed within an hour. TaniFund provides tailored loans to farmers using a credit-scoring system based on three years of performance, agriculture value-chain expertise, partnerships with financial institutions and more than 100 data points per assessment. Founded in 2016, TaniHub says it now works with more than 45,000 farmers and 350,000 buyers and grew revenue 600% year‑over‑year in 2020 as online grocery demand surged. The company has begun exporting fruits and spices to the UAE, Singapore and South Korea but plans to focus expansion within Indonesia, extend coverage beyond Java and Bali, and build upstream and midstream capacity such as new cultivation areas, processing and packing centers and additional warehouses. It also plans to improve supply-demand forecasting to reduce price volatility and explore precision farming technologies. TaniHub Group is an Indonesian agritech startup. The company announced it raised $17 million in a Series A+ round. The fundraise was co-led by Openspace Ventures and Intudo Ventures. The company disclosed the transaction in a statement, according to the article. The article did not provide additional operational metrics, product details, future plans, or financial information beyond the fundraise. TaniGroup operates a B2B sales platform (TaniHub) and a microloan fund (TaniFund) to help more than 25,000 Indonesian farmers access retailers and working capital. The platform has a registered user base of about 400 SMEs and 10,000 consumers; TaniFund is registered with the Financial Services Authority (OJK) and is a member of AFPI. The company says it can help farmers increase overall income by 60% or more, driven by higher sales volumes and prices that are typically 30–40% above traditional reseller channels. Founded in 2016 by Eka Pamitra, TaniGroup is focused on expanding nationwide in Indonesia while noting potential for future overseas expansion after addressing domestic scale. It has already exported orders to markets including Switzerland, Singapore and Malaysia. The startup plans to use new capital for hiring, technology improvements, logistics expansion and warehouse upgrades, and has government support including access to research and a database of some 3 million farmers.

Total raised

$93M

Funding rounds

3

Latest round

Series B

Latest activity

May 2021