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Fasal

Fasal

Fasal is an IoT based AI-powered intelligence platform for horticulture crops.

AgriTech, Technology, DeepTech, Machine Learning

Fasal

Fasal

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Basic Information

Fasal is an IoT based AI-powered intelligence platform for horticulture crops. It captures real-time data on conditions from on-farm sensors to deliver farm-specific, crop-specific and crop-stage specific actionable recommendations to farmers via mobile phones in vernacular languages through Fasal App (iOS, Android, Tablet, and web). Their innovative solution is based on this simple idea i.e. to remove guess work from farming. Problems pertaining to pruning, sowing, spraying, fertilisation, irrigation, harvesting, crop sale and all other activities can be managed with the help of Fasal.

Legal Name

:

Wolkus Technology Solutions Pvt Limited

Headquarters

:

Bengaluru, Karnataka, India

Business Model

:

B2C, B2B

Founding Date

:

Nov 2018

No. of Employees

:

41 to 60

Core Team

:

1.

Shailendra Tiwari

Co-Founder

2.

Ananda Verma

Co-Founder & CEO

Timeline

2018

Jan | Started Generating Revenue

Converting pilot customers to paid

2019

Nov | Raised Funding

Raised seed fund of 1.6 million USD

2020

Accelerator / Incubator Program

Zeroth, Hongkong, Asia first ML accelerater

Revenue Stream

Fee-For-Service

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Target Market

B2C

Progressive horticulture farmers

User Age

:

18 to 25, 26 to 34

User Income

:

Lower Income, Lower-middle Income

Location

:

India Tier 3, Asia Pacific

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Funding

Total Funding

$1.6M

Investors

:

1.

Mistletoe

2.

OMNIVORE venture

3.

Wavemaker VC

4.

Mount Parker

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Detail Round Breakdown

Round 1

Round 2

$1.6M

Series Name

:

SEED

Date

:

30th Oct 2019

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