Company Intelligence Profile
Agstack Technologies Private Limited
AgStack Technologies Pvt Ltd is the legal entity behind "Gramophone," an Indore-based agritech startup describing itself as a "data-driven full-stack tech platform for farmers." It offers: (1) Agronomy intelligence/advisory content, (2) input distribution — seeds, fertilisers and crop-nutrition products delivered to f…
CIN: U74999MP2016PTC040803Active (Private Limited Company, not listed)RoC Gwalior (Madhya Pradesh)Confidence: high for identity/directors/PAN/financials/funding
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Agstack Technologies Private Limited |
|---|---|
| CIN | U74999MP2016PTC040803 |
| PAN | AAOCA4124E (Source: Tofler) |
| Status | Active (Private Limited Company, not listed) |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 23 May 2016 |
| ROC | RoC Gwalior (Madhya Pradesh) |
| Sector (NIC) | Agriculture support services — "Support activities to agriculture" incl. supply of seeds, fertilisers and other agri-inputs (NIC: Agriculture/Business Services classification per Tofler & TheCompanyCheck) |
| Registered address | 1st Floor, Plot No. 80, PU-4 Commercial, AB Road, Behind C21 Mall, Scheme 54 PU4, Vijay Nagar, Indore, Madhya Pradesh, India – 452010 (Source: Tofler, TheCompanyCheck) |
| Authorized capital | ₹8.95 Cr |
| Paid-up capital | ₹7.56 Cr |
Business Overview
Confirmed- AgStack Technologies Pvt Ltd is the legal entity behind "Gramophone," an Indore-based agritech startup describing itself as a "data-driven full-stack tech platform for farmers." It offers: (1) Agronomy intelligence/advisory content, (2) input distribution — seeds, fertilisers and crop-nutrition products delivered to farmers, (3) farm management via a scientific crop calendar/app, (4) "Gram Vyapar," a digital marketplace for farmers to buy/sell crops, (5) "Gram Sabha," a social network of 500,000+ farmers and agronomists, and (6) "Super Fasal" soil-testing with home-delivered results
- Per its own site, Gramophone has onboarded 12M+ farmers, covers 20M+ acres, has 4M+ app downloads and has digitalised 50+ crops
- DPIIT-recognised startup
- (Source: gramophone.in, Tofler)
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Tauseef Ahmad Khan | 07525028 | - | 23 May 2016 |
Financials
Partial / conflictingMultiple partially-conflicting figures across sources — reported here with source attribution, standalone/consolidated basis not explicitly stated by any source (entity referred to interchangeably as "Gramophone"/"AgStack Technologies"):
- FY23 (ended Mar-2023): Gross revenue ₹316 Cr; Net loss ₹58 Cr (Source: Entrackr, "Gramophone posts Rs 316 Cr gross revenue and Rs 58 Cr loss in FY23," 10 May 2024)
- FY24 (ended Mar-2024): Gross revenue ₹98 Cr (down 69% YoY); Net loss ₹34 Cr (improved 41% YoY); EBITDA margin -31%; ROCE -246%; cash reserves ₹5.5 Cr; current assets ₹20 Cr (Source: Entrackr "fintrackr," "Info Edge-backed Gramophone GMV shrinks 70% in FY24," 29 Nov 2024)
- FY25 (ended Mar-2025): Revenue ₹71.05 Cr, down ~28% YoY (Source: TheCompanyCheck) — broadly consistent with the FY24 Entrackr base figure.
- Tofler separately shows a coarse "revenue band" of ₹10-25 Cr with "-40.49%" change for FY24-25 and net-worth +28.71%, borrowings -20.59% — this conflicts with the more precise Entrackr/TheCompanyCheck figures above; likely a stale/mis-bucketed range on Tofler's free tier and should be treated as lower-confidence.
- Charges/borrowings (RoC filings, via Tofler & TheCompanyCheck): Open charges ₹10 Cr; satisfied charges totalling ₹46.6 Cr, including Northern Arc Capital Ltd ₹5 Cr (dated 30-Mar-2023) and Capsave Finance Pvt Ltd ₹5 Cr (dated 28-Mar-2023), plus earlier satisfied charges of ₹5 Cr (01-Sep-2022), ₹12.6 Cr (29-Jun-2022) and ₹12 Cr (31-Mar-2022).
Employees: ~31 (as of Mar-2024, Source: TheCompanyCheck).
Funding & Investors
Confirmed- Total disclosed funding to date: over $20 million (Source: Entrackr fintrackr article)
- Known rounds/events: Oct-2021 — Z3 Partners led a $10 Mn round (Series, agritech-focused) (Source: Entrackr, "Z3 Partners leads $10 Mn round in agritech startup Gramophone," 26-Oct-2021)
- Feb-2022 — ESOP buyback worth $2 Mn (Source: Entrackr, 23-Feb-2022)
- Key institutional shareholders per Entrackr fintrackr piece (pre-merger): Info Edge (India) Ltd — largest shareholder at 32.89%
- Z3 Partners
- Siana Capital
- Nov-2025/Jan-2026 — Major corporate event: Unnati Agri agreed to acquire/merge with Gramophone in a share-swap deal (Entrackr exclusive, 13-Nov-2025), confirmed by Info Edge on 04-Jan-2026: Info Edge's subsidiary (SIHL) transferred 339,305 shares (50.94% stake in Gramophone) to Unnati at ₹2,702.87/share (≈₹91.7 Cr consideration) in exchange for 49,145 Unnati preference shares
- Info Edge also made an additional primary investment of ₹35 Cr for 18,756 Unnati preference shares, taking its aggregate stake in the merged Unnati entity to ~20.53% (expected to settle near 18.48% once all Gramophone shareholders receive Unnati shares)
- Transaction expected to close within ~90 days of the Jan-2026 announcement, subject to definitive agreements
- Note: Tracxn not accessed in this pass
- round-name/date list above is from Entrackr only — cross-check against Tracxn recommended before publishing round names verbatim
Charges / Borrowings
Confirmed- Open charges: ₹10 Cr (lender listed only as "Others" on public free-tier pages)
- Satisfied charges (₹46.6 Cr total) include: Northern Arc Capital Ltd — ₹5 Cr, dated 30-Mar-2023, satisfied 24-Oct-2025
- Capsave Finance Pvt Ltd — ₹5 Cr, dated 28-Mar-2023, satisfied 08-Oct-2025
- ₹5 Cr charge dated 01-Sep-2022, satisfied 11-Apr-2025
- ₹12.6 Cr charge dated 29-Jun-2022, satisfied 01-Dec-2023
- ₹12 Cr charge dated 31-Mar-2022 (satisfied, date not specified)
- (Source: Tofler, TheCompanyCheck — cross-corroborated)
Legal / Litigation
Confirmed- Indian Kanoon search for "Agstack Technologies" returned zero matching results — no litigation/case law found under this entity name as of this check
- (Source: indiankanoon.org)
Competitors
Confirmed- Indian agritech peers (direct): DeHaat (Patna, founded 2012 — larger scale, full-stack farm-input + output distribution, similar model)
- Ayekart (Mumbai, founded 2020 — agri-commerce marketplace, smaller/similar stage)
- StarAgri (Mumbai, founded 2006 — agri-input distribution & warehousing, larger/older)
- International/adjacent peers: FBN/Farmers Business Network (US, 2014), Farmers Edge (Canada, 2005 — precision-ag data), ClimateAI (US, 2017 — climate-risk analytics), Farmerline (Ghana, 2003), Semaai (Indonesia, 2021)
- Also directly relevant post-Nov-2025: Unnati Agri (India) — former competitor, now merger partner/acquirer (FY25 revenue ₹291 Cr, loss ₹18.4 Cr per Entrackr)
- (Source: TheCompanyCheck competitor list
- Entrackr merger coverage)
Frequently Asked Questions
What does Agstack Technologies Private Limited do?
AgStack Technologies Pvt Ltd is the legal entity behind "Gramophone," an Indore-based agritech startup describing itself as a "data-driven full-stack tech platform for farmers." It offers: (1) Agronomy intelligence/advisory content, (2) input distribution — seeds, fertilisers and crop-nutrition products delivered to f…
What is the CIN of Agstack Technologies Private Limited?
The Corporate Identification Number (CIN) of Agstack Technologies Private Limited is U74999MP2016PTC040803.
Where is Agstack Technologies Private Limited registered?
Agstack Technologies Private Limited is registered with RoC Gwalior (Madhya Pradesh). Registered address: 1st Floor, Plot No. 80, PU-4 Commercial, AB Road, Behind C21 Mall, Scheme 54 PU4, Vijay Nagar, Indore, Madhya Pradesh, India – 452010 (Source: Tofler, TheCompanyCheck)
When was Agstack Technologies Private Limited incorporated?
Agstack Technologies Private Limited was incorporated on 23 May 2016.
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