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Company News, Finance, India, Start ups

Cropin AI Labs is to bring predictive intelligence to every acre of the world’s cultivable land

Cropin, the global agritech pioneer that has built the world’s first industry cloud for agriculture, has secured Rs 113 crore in funding from new investors Google and JSR Corporation, as well as existing investors ABC Impact and Chiratae Ventures. The funds will aid in expanding Cropin Cloud, company’s recently launched intelligent agriculture cloud platform, to cater to the growing demand for digitisation and predictive intelligence in the global agriculture sector.

Cropin Cloud, launched in September 2022, has quickly become a leading platform in the digital transformation of agriculture. With the support of this funding round, Cropin will be able to further invest in its go-to-market efforts and expand the platform’s capabilities, including developing next-generation predictive intelligence solutions through Cropin AI Labs. The goal of Cropin AI Labs is to bring predictive intelligence to every acre of the world’s cultivable land. In addition, Cropin plans to expand its business presence in new regions and industries, focusing on creating solutions that promote sustainable agriculture practices and address global food security challenges on a large scale.

Commenting on the investment, Krishna Kumar, Co-Founder & CEO, Cropin said, “Since its founding in 2010, Cropin has been dedicated to improving the intelligence of food production and maximizing value for all stakeholders in the agricultural ecosystem. By making farms and harvests traceable, predictable, and sustainable, Cropin aims to transform how food is grown. The involvement of new strategic investors like Google and JSR Corporation, and the support of our existing investors, demonstrates confidence in our mission and impact. We are excited to partner with global technology innovators like Google, which further validates our capabilities and solidifies our position as a leader in the digitalization of global agriculture″.

Commenting on the development, Sudhir Sethi, Founder and Chairman Chiratae Ventures India Advisors, said, “Cropin has always embodied these values, and they are poised to be the largest Agritech company globally with its cloud-based, SaaS business model. This investment underlines our strong belief in their growth and the impact they deliver to co-create a truly sustainable global agri-food ecosystem. ″

Cropin AI Labs is to bring predictive

Agrotech, Company News, IT

Agritech pioneer Cropin has announced the launch of Cropin Cloud, the world’s first purpose-built industry cloud for agriculture. Cropin Cloud enables agri-businesses, development agencies, governments, and allied industries to accelerate digital transformation across their business value chain. It is an integrated platform of applications for digitisation, clean and contextual data pipelines for enhanced decision-making based on data analytics, and globally proven crop-specific, crop and geography-agnostic machine learning models. It aims to advance technology adoption to solve real-world agricultural problems and deliver value to every stakeholder in the food value chain, from the farmer and agribusinesses to the consumer.

With this launch, Cropin will help agri-food and allied businesses to manage the complexity of converging multiple-point technology solutions while enjoying the flexibility of choosing the right solutions based on where they are in their digital transformation journey.

Commenting on the launch, Krishna Kumar, Founder & CEO, Cropin, said, “Cropin Cloud leverages the advancements in cloud computing, earth observation, remote sensing, data and machine learning algorithms to help the agriculture sector unlock new possibilities. For Cropin, this is an important milestone as we double down on our core purpose to maximise per acre value for every stakeholder in the global agriculture ecosystem.”

Sharing his views on the announcement, Vijay Nelson, chief product officer, Cropin, said, “Cropin Cloud is the world’s very first intelligent cloud platform for agriculture. Agriculture technology is complex and needs specialised expertise in multiple areas like GIS, agri-science, AI/ML models, weather data, and IoT, among others. Crops are copiously diversified, and the digital solutions required to monitor them need hyper-tuning.” Cropin Cloud delivers a scalable agri-stack that comprises a triad of abilities and platform layers, including Cropin Apps, Cropin Data Hub, and Cropin Intelligence.

Agritech pioneer Cropin has announced the launch