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A Soil to Harvest Agritech Company

How to Turn the Non – Profitable farming into Profitable Farming


GROWiT MISSION

“Empowering the Farmers for Food Security


towards a Sustainable Future”

GROWIT INDIA PVT. LTD. CONFIDENTIAL AND PROPRIETARY. COPYRIGHT© BY GROWIT INDIA PVT. LTD. ALL RIGHTS RESERVED. 2
Problem Statement
Low Yield Per Acre
Lack of knowledge about soil composition
results in a mismatch between crops
produced & soil type.

Inefficient use of Pesticides and


Fertilizers
There is wastage of chemicals when they are
sprayed in open field.

Flooding the Crops / Over Watering


Flood Irrigation being the most common
method of irrigation, leads to over watering,
reducing the soil overall nutritional value.

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Top Products

Mulch Film Fibre Stick & Crop Cover Agri Wire

Crop Support Net Plant Cover Bunch Cover

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Sustainable Practices

Prevents soil Reduces pesticide Reduces water Reduces


erosion usage by 50-60% usage by 60-70% Soil salinity

Yield increase of Reduces weed Buy back Growth of white


40% to 100% growth Option Roots on surface

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Revenue to Cost Analysis with Growit Equipment
Practices GrowiT Protective Farming General Protective Farming Without Protective Farming
Land Preparation 5500 5500 6500
Protective farming product cost 19000 11000 0
Labor cost for Mulch Laying 2400 2400 0
Labor cost for Hole Punching 600 600 0
Seeding/Seed cost 12000 12000 14000
Sowing/Transplanting 1200 1200 1000
Harvesting/picking cost 6000 6000 6000
Fertilizer cost 5000 7000 12000
Weeding cost 1500 2500 6000
Insecticide cost 2000 3000 6000
Fungicide cost 1500 2500 3000
Herbicide Cost 1500 2000 3000
Labour Cost for Spraying 5500 7500 10000
Total Cost 63,700 63,200 67,500
Yield (Tones/Acre) 18 Ton 16 Ton 12 Ton
Price/Kg 17 15 14
Total Income 3,06,000 2,40,000 1,68,000
Net Income 2,42,300 1,76,800 1,00,500

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Company Snapshot
Inception /
June 2020/ Surat, Gujarat, India
Headquarters Market Presence
GrowiT is one of the leading Agritech Company
About the
providing solutions from Soil to Harvest with Primary
Company
focus on the Protect Farming Products & Services. 12+ 1.50L+
525+
• Agritech model with Inhouse R&D and Product
Development
Total Franchise States Presence Farmers Engaged
• Own manufacturing facility spread across
Moat
40,000 sq ft in Daman
• Buy-back model; SDG compliant
Social Media Presence

• Grow Demo Farms in every District 25 K+ Subscribers


Nature of
Series A Fundraising of INR 25 Crores
Transaction
300K+ Followers
Revenue: INR 27 Crores (FY22-23)
Traction
INR 20 Crores (FY21-22)
APP 65K+ Downloads
Business Model • B2B & B2B2C

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GrowiT Collaborations

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Consistent Brand Building

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Canopy Activities

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Farmer Meet

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KVK Baramati Franchise Meet

KVK Baramati Franchise Meet Video :


https://youtu.be/lWrBebWqKTM?si=9Dktn4aEI5tLll6a

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Growit Go To Market Strategy

To build 1 Company owned store per district to serve following purposes


• Act as a CNF Centre
• Experience stores for farmers for Protective Farming Products
• Retail Counter for GrowiT for that region.

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Technology Innovation to be commercialized in
2024
Current Situation Prevailing Solution – GrowiT Device

• 99% Farmers unaware about soil Immense Farmer awareness through


composition GrowiT device approved by ICAR
• Use of wrong Fertilizers
• Wrong Crop Production

Unaffordable for farmers, Costing GrowiT device costing Rs 10k-15k


around Rs 50k-5 Lakh.

No frequent soil testing; Usage of Wet 8 Parameters by GrowiT Device


Soil Testing Methods once in 3 Years • Soil Moisture
by Farmers • Soil Ph
• Nitrogen, Phosphorous &
Potassium
• Humidity &Temperature
• Moisture

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Patented Technology Soil Testing Ecosystem
Equipment inserted in
Soil

Fully
integrated Data Collation in 2
Growit App Minutes

Integrated with GrowiT


App

Results Delivered
Tech enabled
Soil Testing
Device*
Get suggested Crops as
per your Soil composition
and their prices

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GROWiT Soil Testing Device Testing Report

Crop Suggestions as per Soil Showing Nutrition of Soil Required N,P,K of Selected Crop

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GROWIT INDIA PRIVATE
GROWIT TECHNOLOGY PVT LTD
LIMITED
TAM 25 Crore (Farmers) 64,000 Crore
10% 10%
SAM 2.50 Crore (Farmers) 6,400 Crore
Target – 75,000 Devices
SOM Target - 150 Crore
= 100 Crore

Total Targeted Revenue for FY 24-25 : 250 Crores

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Large Addressable Market Size
Spices Potential Saving in Agriculture
Plantation
3%
Crops Application Water Saving (%) Water use efficiency Fertilizer use
6% (%) efficiency (%)
Mulching 40-60 15-20 20-25
Fruits
31% Greenhouse 60-85 20-25 30-35
Rs 64,000 Shade Nets 30-40 30-50 NA
Cr*
Tunnel 40-50 20-30 NA

Vegetables
60%
68,000 150,000

6,000

(Rs Crores)
In India 27.74 Million Hectares of land is 76,000
under Horticulture, Greater Utilization of Mulching
It costs around Rs 30,000 per hectare to use can drive-
• Food Processing Industry
Protective Farming products.
• Improve agricultural
Productivity
Source: Indian Agrochemicals Industry Report By FICCI, 2013; • Reduce post harvest losses Regular Agri Post Harvest Protective Total
Horticulture department of India
Practices Management Farming

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Current Traction
State Wise Distribution (FY23) Revenue Projections (Rs. Crores)
Presence in 12 states and 500+ Talukas; Maharashtra, Gujarat,
Madhya Pradesh, Karnataka, Chhattisgarh, Rajasthan, Andhra 500
Pradesh and among others accounting for 1,50,000+ Farmers

250

50
20 30
8

FY 21 FY 22 FY 23 FY 24 FY 25 FY 26

500+ 100+
Franchises Demo
Farms

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GrowiT Impact
Total land covered under Growit’s Farming Products & Practices - 20,000 Acres

 Growit Farmers’ Total spend: 30 Cr


 Total cost Growit Farmers saved: 95 Cr
Approx.
 Additional Income Growit Farmers
earned from Yield Increase: 98 Cr

Total Growit Farmers’ benefit: 193 Cr

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India’s First Direct to Farmer (D2F)
Climate Smart / Resilient Agriculture
Company

Investment
Opportunity
in Series A:
INR 25 Crore

21
Fund Requirement and Roadmap
Raising INR 25 Crore to accelerate growth Total Franchises Growth (Nos.)
5000

Infrastructure 2500
10% Team
20% 550

FY 23-24 FY 24-25 FY 25-26

Expansion Total Demo plots (Nos.)


30%

Marketing 500
20%

250

100

Soil Testing Device


20% FY 23-24 FY 24-25 FY 25-26

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Highly Experienced Leadership Team

Saurabh Akshay Ritesh Rohit


Agarwal Agarwal Tulsyan Tulsyan
Founder & CEO Director (Technical) Chief Financial Chief Operating
Officer Officer

Cardiff University, UK Plastic Engineer from Chartered Accountant Ms. in Finance &
MBA from SP Jain University of 15+ Years Experience Marketing
College Massachusetts 15+ Years
15+ Years Experience 10+ Years of Experience
Experience

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Highly Experienced Leadership Team

Chandrakant Sudeep Singh Mukesh


Zinzala
Chief Technology Officer Chief Sales Officer Agronomy Manager

BCA PGP Agribusiness M.sc in Horticulture


12+ Years Experience Management 8+ Years Experience
Books Written : 3 + Books
15+ Years
& Publish 100 + Articles on
Experience Protective Farming

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Transformation Initiatives at GROWiT

Teamwork Team Alignment

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Our Advisory Team
Peyush Bansal (Investor) Namita Thapar (Investor)
• CEO & Founder of Lenskart • Executive Director of Emcure Pharma.
• Angel Investor in 43+ Startups • Angel Investor in 25+ Startups

We Founder Circle Rahul Narvekar (Strategy Advisor)


• India’s 2nd Largest Angel Network • Founder of India Network

• 2000 Founders and Strategic investors • Serial Entrepreneur & Angel Investor
from 16 Countries • Founder of Multiple Startups

Raj Kumar Agarwal (Agri Advisor) Dr. Sanket J. More (Agri Advisor)
• Business Management from XLRI • Ph.D. in Horticulture
• Over 30+ years of experience in • 7+ Years of R&D in Vegetable Crops
agriculture industry in India & overseas

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Quadruple the Income of 5 Million Farmers
G R O W I T I N D I A P V T. LT D .

2025 250 CRORE


(1 Million Farmers)

500 CRORE
(2.5 Million Farmers)

(5 Million FARMERS)

2030
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Confidential and Proprietary. Copyright © by Growit India Pvt. Ltd. All Rights Reserved.
Will You Be A Part Of It ?

Confidential and Proprietary. Copyright © by Growit India Pvt. Ltd. All Rights Reserved.
Case Studies

Confidential and Proprietary. Copyright © by Growit India Pvt. Ltd. All Rights Reserved.
Increase in White Roots

Zero White Roots in Traditional Farming


Exponential White Root Growth

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Coloured Mulch Film

Impact:
 Improves the Texture of the Crop, keeps away pests, reduces pesticide usage

 Improves the Photochromatic Activity of the Plant resulting in higher yield and better-quality Fruit / Vegetable

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Spot the Difference!

Without Crop Cover With Crop Cover


Crop Cover Impact:
 Our Crop covers enables farmers to produce Export Quality Fruit and reduces use of pesticides by
at least 70% and fetch higher sales price by 30 to 40%

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Various Crops with Crop Cover

Crop Cover on Chilli Plants Crop Cover on Bitter Gourd Plants

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GROWIT INDIA PVT. LTD. CONFIDENTIAL AND PROPRIETARY. COPYRIGHT© BY GROWIT INDIA PVT. LTD. ALL RIGHTS RESERVED. 34

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