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NEON SHOW Prediction Open · timeframe Jan 2026
Kumar predicts a $100M ARR SaaS company will emerge selling inside India
“That is going to happen.”
Krishna Kumar Jan 4, 2021 ▶ 50:03 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
NEON SHOW Assertion Not checkable as stated
Kumar: CropIn was the first company globally doing data-driven farming
“We were the first company globally to talk about data-driven farming. In US and Europe also, you know, many startups has come up, but they came after”
Krishna Kumar Jan 4, 2021 ▶ 6:34 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
NEON SHOW Assertion Supported
Satellite AI cuts crop insurance payouts from twelve months to days
“Today it takes even eight to nine months and even 12 months to give the money to the farmer, even if his crop has failed, because all the validation is manual. But with this kind of system, you can make the payouts within a, you know, within a day or 15 days.”
Krishna Kumar Jan 4, 2021 ▶ 31:33 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
NEON SHOW Assertion Not checkable as stated
CropIn predicts farm pest outbreaks 15 days ahead with over 90% accuracy
“Irrigation scheduling, pest disease detection, not detection, prediction. That what pest you can expect in next 15 days with more than 90% accuracy. So without even it has happened, we can predict that this is coming.”
Krishna Kumar Jan 4, 2021 ▶ 36:44 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
NEON SHOW Assertion Not checkable as stated
CropIn mapped India into 10-meter pixels and processed it in a week
“So actually we processed 10 by 10 meter pixel. We divided the country, India as a country into 10 by 10 meter pixels. And we tagged that pixel that which, what is the story of that pixel? In 2017, which crop was there? In 2018, which crops were grown? What was…”
Krishna Kumar Jan 4, 2021 ▶ 43:12 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
TOP FOUNDERS Prediction Not checkable as stated
Cropin hits $2.4M ARR and projects $4.5M by March 2019
“So we are at 2.4, and our visibility is to close it at 4.5 million a hour.”
Krishna Kumar Mar 30, 2020 ▶ 7:40 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Prediction Not checkable as stated
Cropin expects pipeline customers to sign contracts exceeding $1M ARR
“So there are two, three, five, six customers we are talking to, two, three customers will convert, and the ticket size are going to be a north of a million dollar.”
Krishna Kumar Mar 30, 2020 ▶ 9:10 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
NEON SHOW Assertion Supported
CropIn manages 8 million acres across 52 countries and 400 crops
“And to our surprise, we are in 52 countries today. Almost all the large enterprises are using our product, not only in one country, but in multiple countries, we manage around eight million acres of production on our platform. With 400 different crops and 9000…”
Krishna Kumar Jan 4, 2021 ▶ 24:17 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
NEON SHOW Assertion Supported
CropIn operates across 52 countries to enable AI transfer learning
“We are present in the 52 countries. So our models are learning about the crop from all those different climatic zone, different countries, and also have building the ability to transfer learn, right?”
Krishna Kumar Jan 4, 2021 ▶ 44:51 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
TOP FOUNDERS Assertion Supported
Kumar: Cropin counts McCain, ITC, Philip Morris, and Syngenta as enterprise clients
“For example, we work with companies who are into farm farm production, like McCain, ITC Philip Morris, Syngenta.”
Krishna Kumar Mar 30, 2020 ▶ 1:11 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Partly supported
McCain uses Cropin to manage 100,000 global potato growers
“For example, if you look at McCain, McCain does potato growing for their chips making. They engage in the background, a lot of farmers to grow the potato. So, but the company will pay our pay to us, but they will use our platform to manage their 100,000 grower…”
Krishna Kumar Mar 30, 2020 ▶ 2:30 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Cropin international customers pay an average of $50k per year
“So if you look at our international, international customers pay us on an average you know, 50,000 dollars, some customers have a hundred K, 200 K dollars also.”
Krishna Kumar Mar 30, 2020 ▶ 3:03 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Cropin Indian enterprise customers pay an average of around $13k annually
“And if you look at Indian businesses, they are somewhere around 13,000 dollars on an average. But again, there are customers who are at the enterprise level paying more, more than that.”
Krishna Kumar Mar 30, 2020 ▶ 3:19 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Kumar: Revenue from banks accounts for close to 10% of Cropin's total
“Close to 10%.”
Krishna Kumar Mar 30, 2020 ▶ 6:19 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Kumar: Cropin closed fiscal 2018 at $1.5 million ARR
“So we closed at 2018. We closed March 31st. We closed at 1.5.”
Krishna Kumar Mar 30, 2020 ▶ 7:13 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Kumar: Cropin has enterprise customers paying $300,000 in annual recurring revenue
“There are customers who are paying 300 K as well in our as a error. I mean on the yearly basis.”
Krishna Kumar Mar 30, 2020 ▶ 9:51 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Supported
Kumar: Syngenta deploys Cropin software across 20 countries
“Syngenta is a multi-million dollar company. They are using our product in 20 countries.”
Krishna Kumar Mar 30, 2020 ▶ 10:04 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Cropin manages 3.2M acres and 2.1M farmers across 29 countries
“So you guys so far have digitized nearly 3.2 million acres of farmland, enriching the lives of nearly 2.1 million farmers. So those are all the farmers managed by the managers at McCain or your other enterprise customers, in addition to creating a footprint in…”
Krishna Kumar Mar 30, 2020 ▶ 11:50 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Cropin Develops AI Models to Predict Crop Yields in Nigeria
“We are building those models to detect and predict. So we can predict crops in Nigeria, which plots are on which crop, and then what is the health, what is the yield, and helping the supply chain manager, commodity traders, banking, and insurance industry base…”
Krishna Kumar Mar 30, 2020 ▶ 12:49 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
TOP FOUNDERS Assertion Not checkable as stated
Kumar: Cropin maintains a 1% monthly revenue churn rate
“So, you know, if you look at our value churn is one percent... I think it's monthly.”
Krishna Kumar Mar 30, 2020 ▶ 13:22 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
NEON SHOW Assertion Not checkable as stated
CropIn took 1.5 years post-2015 to reach $1M ARR
“So I think after that, it took one and a half year for us to reach to a million, and then after that, yeah, the story was completely different.”
Krishna Kumar Jan 4, 2021 ▶ 25:06 Inside the mind of Krishna Kumar, Founder, CropIn- the largest Agritech SaaS startup of India
TOP FOUNDERS Assertion Not checkable as stated
Cropin Reaches 150 Full-Time Employees
“A 150 people.”
Krishna Kumar Mar 30, 2020 ▶ 13:07 1710 Crop Optimization Software Hits $2.4m in ARR, $12m Raised
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