It is a brand that gives Protective farming patron farming. its awareness and its related products.
These founders have presented such unique production on the stage of Shark Tank India with innovation.
As your end solution provider with Growit, ensure that farmers have to go through maximum productivity, highest quality, and minimum waste.
Founder of GROWiT
Saurabh Agarwal and Akshay Agarwal are a founder of Grow it. In March 2022, ₹ 3 crores @ ₹ 50 crores were reserved.
| Company Name | Grow It |
| Founder | Saurabh Agarwal and Akshay Agarwal |
| Ask | ₹ 1 Crore for 1% equity |
About GROWiT
Shark Tank India Season 2 Growit, India is part of their parent company Alpha Elastomers Private Limited
They work to create a carbon-free ecosystem in Indian Agricultural & Farming Industry through advanced innovation.
| Company Name | GrowIt |
| Industries | Agriculture |
| Value of Company | ₹ 50 Crore |
| Founded | 2022 |
| Company Headquarters | Surat, Gujarat |
| Company Size | 2-5 employees |
Products of GROWiT
| Grow It India Agri Wires | Grow It India Vermi Beds | Grow It India Pond Liners |
| Grow It India Crop/Fruit Covers | Grow It India Plastic Mulch Film | Grow It India Shade Nets |
| Grow It India Sticky Traps | Grow It India Flat Tubes | Grow It India Mulch Laying/Hole Punching Machines |
GROWiT business fund
In March 2022, ₹ 3 crores ₹ 50 crores were reserved.
Sales Revenue of GROWiT
- Grow It India is currently in 4 states and has 15 thousand customers.
- Indian Mulching Market Size – ₹ 450 to ₹ 500 crores.
- There are 18 products of Grow IT.
- Grow It Mulching Price – ₹ 12 thousand to ₹ 15 thousand per acre.
- 80% of Grow IT is from Mulching Film.
| 2021 | ₹ 20 Crore |
| 2022 | ₹ 13 Crore |
| 2022 | ₹ 35 Crore |
GROWiT splits
| B2B | 60% |
| B2C | 40% |
| Gross Margin | 22% |
| EBITDA | 5% |
| Profit after tax | 2% to 3% |
GROWiT in Shark tank
| Shark Namita’s offer | ₹ 50 lahks for 1% Equity & ₹ 50 Lakh |
| Shark Peyush & Shark Namita’s Offer | ₹ 50 lahks for 1% Equity & ₹ 50 Lakh |
