Series B
Balwaan Krishi (Modish TractorAurKisan Private Limited)
Business & Industrial Markets • Agricultural Machinery and Farm Equipment / Agritech
Amount Raised
$12M
~ ₹100 Cr
Round & Type
Series B
Equity
Funding Date
Sep 28, 2026
Q3 2026
Lead Investor
First Bridge India Growth Fund Private Equity
info
Company Overview & Solution
An emerging Indian agritech and farm equipment startup dedicated to making farm mechanization affordable, accessible, and efficient.
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Product & Solution
They manufacture and provide portable, affordable, and durable small-scale machinery such as power weeders, battery sprayers, brush cutters, power tillers, and earth augers equipped with IoT capabilities for predictive maintenance.
target
Target Market & ICP
Small and marginal farmers in India (who typically cultivate less than two hectares of land) requiring economically viable machinery to combat rising labor costs and optimize productivity.
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Deal Terms & Syndicate Intelligence
Funding Round
Series B
Funding Type
Equity
Amount Raised (USD)
$12M
Amount (INR / Original)
₹100 Cr
Date of Funding
Sep 28, 2026
Lead Investor
First Bridge India Growth Fund Private Equity
Syndicate / All Backers
First Bridge India Growth Fund Private Equity, Undisclosed Institutional Investors
Investor Structure
Multiple (led by 1 lead private equity fund with participation from undisclosed institutional co-investors) Investor(s) • Private Equity, Institutional Investors
Use of Funds
The funds will be deployed to expand domestic manufacturing facilities to reduce import dependence, strengthen dealership and service infrastructure across Southern India, and engineer IoT-enabled farm machinery with predictive maintenance capabilities.
business
Company Profile & Footprint
Vertical
Business & Industrial Markets
Sub-Vertical
Agricultural Machinery and Farm Equipment / Agritech
Segment
Agriculture / Manufacturing
Sub-Segment
Agricultural Machinery and Farm Equipment / Agritech
Business Model
Hybrid model including B2C, B2B, D2C, B2B2C, and B2G
Year Founded
2016
Team Size at Funding
101-500
Headquarters
Jaipur, Rajasthan, India
Offices across India
The company has fulfillment hubs, warehouses, and logistics centers across India, including Chennai (Tamil Nadu), Visakhapatnam (Andhra Pradesh), Lucknow (Uttar Pradesh), and Kolkata (West Bengal).
International Footprint
None
groups
Leadership & Executive Intelligence