Agritech startup GreenSat Innovation Labs attracts an undisclosed amount of funding The undisclosed fresh capital will be used to scale operations in new geographies, enhance tech infrastructure, build high-performance teams across functions, and focus on other business development activities

By Akshit Pushkarna

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Representative Image

Satellite imagery data analytics company enabling precision farming and risk mitigation for Indian farmers GreenSat Innovation Labs announced an undisclosed fundraise. Mumbai Angels led the investment round which also saw participation from some US based VCs.

Set up by the duo of Deepak Yadav & Krishna Ghosh, Co-founders, in 2020, GreenSat Innovation Labs uses satellite imagery and precision AI tools like neural network algorithms to integrate their earth observation data for the optimum use of natural resources and its support systems. With the introduction of new features, GreenSat aims to be India's first Faceless Crop Loan app. The platform will focus on bridging the gaps in the sector by bringing banks, insurance companies, buying entities, and most importantly, the farmers on a single platform.

The undisclosed fresh capital will be used to scale operations in new geographies, enhance tech infrastructure, build high-performance teams across functions, and focus on other business development activities.

On the development, co-founders Deepak Yadav & Krishna Ghosh commented, "GreenSat was founded with the mission of transforming the farming industry. We stand by our 15k+ happy farmer families who have experienced higher yields and higher profitability, along with better and low-cost funding through GreenSat. Our journey has been further expedited by the confidence Mumbai Angels have shown in us and our potential. With this contribution by MA, we aim to reach and provide a holistic solution to many more farmers, B2B businesses and connect the entire ecosystem through GreenSat."

Nandini Mansinghka, Co-founder and CEO, Mumbai Angels, said, "Precision Farming using satellite data improves crop yield for farmers as they can make informed, real-time crop management decisions. GreenSat's integrated platform is a confluence of advanced technology, digital finance and more, and I am confident that the fresh capital will enable them to innovate solutions to improve profitability for the agri sector."

Akshit Pushkarna

Former Features Writer

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

'I Want the Best People on Our Teams': Meta Is Laying Off More Than 3,000, CEO Mark Zuckerberg Calls for 'Extensive Performance-Based Cuts' — Read the Memo

In an internal memo shared on Tuesday, Zuckerberg said it's "going to be an intense year" at the company.

Growing a Business

How Meta Generated $32 Billion in Ad Revenue Last Quarter — and How You Can Create Million-Dollar Weekends Using the Same Strategies

Meta's staggering $32 billion quarterly ad revenue isn't just about size; it's about strategy, systems and execution as well.

News and Trends

NeoSapien Secures INR 80 Lakhs on Shark Tank India 4 for AI Wearable

Founded in 2024 by Dhananjay Yadav and Aryan Yadav, NeoSapien aims to integrate AI into daily life through its wearable technology