Cropcoin Raises Rs 12 Crore to Reach Every District in Bihar and Jharkhand

Cropcoin Raises Rs 12 Crore to Reach Every District in Bihar and Jharkhand

Agritech startup Cropcoin (Pehle Jaisa) has raised around ₹12 crore in a pre-Series A round, led by Unicorn India Ventures, with Climate Angels also coming in again.

They had already raised like $300K earlier (same round) with Pantnagar Capital and Climate Angels, plus before that around $169K in seed… so yeah, this isn’t some overnight story. They’ve been building this properly, step by step.

Now with this new funding, the plan is clear — scale hard. From just 10 districts to all 66 districts across Bihar and Jharkhand. Along with that, serious push on product development — especially bio-products R&D — and infra.

And they’re aiming for ₹100 crore ARR in the next 2 years… which is not small at all. It’s bold.

Cropcoin was started in 2022 by Pankaj Pandey and Ehtesham Farooqui.

What they’re solving is something most people ignore — farm waste. Real, messy, on-ground problem. Poultry, dairy… animal waste everywhere.

Instead of just letting it sit, rot, or get mismanaged… They convert it into organic fertilizers and bio-stimulants right at the source. And that “at the source” part is not small — that’s the whole game.

So now waste is not waste anymore. It becomes valuable . Farmers clean up their farms, improve soil, and actually earn from the same thing that was earlier a problem.

And indirectly — less chemical fertilizer dependency, better soil health, lower emissions from livestock waste. One solution, multiple impact points.

Their products are not just “organic” for the name. They’re focused on soil recovery, biodiversity improvement, and cutting input cost. Because honestly, chemical-heavy farming has already damaged soil quality in Bihar and Jharkhand quite badly.

Also — this leads to chemical-free food production. So it’s not just farmer benefits… The consumer side also gets impacted.

Growth-wise, they’ve done around 3x revenue growth in the last 12 months. The farmer network jumped from 20,000 to 70,000 — and that’s real adoption, not just numbers on paper.

They’re currently around ₹10 crore ARR, and still maintaining low burn. That’s important. Means the model is actually working, not just running on funding.

Going ahead (next 12–18 months), they want to:

  • cover all 66 districts in Bihar + Jharkhand
  • scale farmer base to 1.5 lakh+
  • expand deeper into Northeast India

Because that region is still heavily dependent on chemical inputs… and that’s exactly what they’re trying to replace — slowly but properly.

So yeah… not a flashy startup. No hype.

But the problem? Very real.
 And the model? Solid. This kind of startup doesn’t make noise… it just scales.

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