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Startup Atlas · Agritech

Fasal

Wolkus Technology Solutions Private Limited Bengaluru, Karnataka Founded 2018 fasal.co ↗
Ananda Prakash Verma · Co-founder & CEO Shailendra Tiwari · Co-founder
$17.6 MnTotal funding (tracked)
3Funding rounds
22 Dec 2023Last round

Fasal: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Farming on autopilot

AI/IoT-driven recommendations let farmers manage crops remotely instead of relying on guesswork and constant on-field presence.

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Higher yields, lower input costsUp to 50% lower input costs

Data-driven irrigation, pest and disease management is claimed to raise yields while cutting water and input spend.

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Customer Segments

High-value, export-oriented horticulture farmers

Farmers growing crops such as grapes, pomegranate, mango, citrus, tea, coffee and chilli, where produce quality and low chemical residue matter for export markets.

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Enterprises and institutional programmes12,000+ farmers, 100+ enterprises

Agribusinesses, state horticulture departments and government-led productivity programmes that deploy Fasal's technology across farmer networks at scale.

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Customer Relationships

Water Credit incentive programme

Farmers who hit water-conservation targets can get their Fasal subscription fee refunded, tying the ongoing relationship to a measurable sustainability outcome.

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Channels

Fasal mobile app (vernacular languages)

Sensor-derived crop, soil and weather intelligence is delivered to farmers through the Fasal app on mobile, tablet and web in local languages.

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B2B2F distribution via aggregators, exporters and processors

A business-to-business-to-farmer sales channel that reaches farmers indirectly through the trade networks that already work with them.

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Key Activities

Sensor data capture and AI advisory generation

Continuously capturing on-farm sensor data and turning it into vernacular-language, crop-specific advisories.

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Delivering large-scale institutional deployment programmes5,000 farms in Phase I

Rolling out its IoT and crop-intelligence systems across thousands of farms as part of state/national institutional productivity programmes.

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Key Resources

Proprietary farm IoT-crop intelligence technology

Fasal's core technology asset: a proprietary IoT-plus-AI crop intelligence stack it continues to invest Series A proceeds into.

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In-field IoT sensor hardware

Physical field-sensor devices deployed on farms to continuously record crop, soil and weather conditions feeding the platform's models.

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Key Partnerships

Aggregators, exporters and processors (B2B2F)

Trade-network partners whose existing farmer relationships Fasal's B2B2F sales motion leans on to reach farmers.

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ADT Baramati (Sugarcane Productivity Improvement Programme)

State-level institutional partnership deploying Fasal's IoT and crop-intelligence systems across sugarcane farms.

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Karnataka Department of Horticulture

Government partnership on a Grape & Pomegranate Productivity Improvement Programme covering Karnataka's grape- and pomegranate-growing regions.

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Revenue Streams

Device fee + monthly subscription

Pay-as-you-go pricing: an upfront charge for installing the IoT device, plus a recurring monthly fee for crop data and advisory access.

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Sale of IoT hardware and software services

Revenue from selling IoT devices/components (e.g. Main Unit, Soil Moisture Unit, FasalJet) alongside software subscription-based services.

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B2B fresh produce sales (Fasal Fresh, divested March 2025)91% of FY24 revenue (pre-divestiture)

Through FY23-FY24, the bulk of reported revenue actually came from Fasal's B2B fresh-produce brand, Fasal Fresh, which procured and sold farm produce (mainly fruit) before being divested to Innoterra in March 2025.

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Cost Structure

No cited public information yet.

FAQs on Fasal

What is Fasal's business model?

Fasal's core value proposition centers on Farming on autopilot, Higher yields, lower input costs.

How does Fasal make money?

Fasal's cited revenue streams include Device fee + monthly subscription, Sale of IoT hardware and software services, B2B fresh produce sales (Fasal Fresh, divested March 2025).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: entrackr.com agrospectrumindia.com · Last verified 18 Jul 2026. · Report a correction