Cropcoin bags Rs 12 cr pre-Series A funding from Unicorn India Ventures

Agritech venture Cropcoin has raised ₹12 crore in a pre-Series A round spearheaded by Unicorn India Ventures, with participation from existing backer Climate Angels.

Prior to this, the company had secured $300K in the ongoing round from Pantnagar Capital and Climate Angels, along with an earlier seed infusion of $169K.

The newly raised funds will support the company’s geographic expansion, enabling it to scale operations from a limited presence in 10 districts to full coverage across 66 districts in Bihar and Jharkhand.

Founded in 2022 by Pankaj Pandey and Ehtesham Farooqui, Cropcoin focuses on converting agricultural and animal waste into value-added inputs such as organic fertilisers and bio-stimulants. Its decentralised approach allows farms to process waste locally, improving efficiency while creating additional revenue streams.

The company has developed a range of sustainable agri-inputs aimed at enhancing soil quality, reducing dependence on synthetic fertilisers, and supporting environmentally responsible farming practices.

Over the past year, Cropcoin has witnessed significant traction, tripling its revenue and expanding its farmer network from 20,000 to over 70,000 across Bihar, Jharkhand, and Manipur. It is currently on track to achieve an ARR of ₹10 crore while maintaining controlled expenditure.

Looking ahead, the startup plans to deepen its footprint in eastern India, scale its farmer base beyond 1.5 lakh, and strengthen its presence in the Northeast over the coming 12–18 months.