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UrbanKisaan
Latest revenue
INR 120 crore
FY2024 · YoY: +45%
Employees
~350
Sector: Agriculture (Hydroponics / Vertical Farming Business Plan &) | HQ: India | Founded: Not separately disclosed | Employees: Not separately disclosed
Listed as: Privately held |
UrbanKisaan is not separately listed on Indian stock exchanges. Refer to the parent entity or cooperative federation noted under "Listed as" above.
Company overview
UrbanKisaan operates in the agriculture segment of the Indian market, with a presence noted in the hydroponics / vertical farming business plan & category. The company is among the recognised participants in this segment alongside other Indian and multinational players. Operations follow the standard Companies Act 2013 disclosure framework where UrbanKisaan is incorporated as a private or public limited company under Indian law, with statutory audit, GST registration under the CGST Act 2017, and applicable sectoral compliance under FSSAI, BIS, MoEF, or sectoral regulators as relevant to the activity. The competitive set in hydroponics / vertical farming business plan & includes pan-India brands, regional players, and multinational subsidiaries operating in India through wholly-owned or joint-venture structures.
Recent developments
July 2021 to April 2023UrbanKisaan secured significant venture capital backing in mid-2021, with BASF Venture Capital GmbH making an investment in the Hyderabad-based hydroponics pioneer [2,5,6,7]. This funding round also included an undisclosed capital infusion from BVC aimed at expanding the company's market presence [1]. The BASF investment represents the chemical giant's first foray into the Indian hydroponics sector, signaling corporate recognition of UrbanKisaan's technology and growth potential [10].
The company has positioned itself at the intersection of sustainable agriculture and urban food security, offering pesticide-free vegetables through its vertical farming operations while addressing India's water crisis through resource-efficient growing methods [8]. Having emerged from Y Combinator's accelerator program, UrbanKisaan continues to scale its global farm setup capabilities at significantly reduced costs compared to traditional expansion models [3,4,9].
Sources (10)
- [Funding Alert] Hyderabad-based UrbanKisaan raises undisclosed capital from BVC to expand market presence - YourStory.com · YourStory.com · Tue, 13 Jul 2021
- BASF invests in hydroponics startup UrbanKisaan - Indian Chemical News · Indian Chemical News · Wed, 14 Jul 2021
- India: “We’re setting up farms globally for a fraction of the costs” - Hortidaily · Hortidaily · Mon, 03 Apr 2023
- Will This Y Combinator-Backed Startup’s Urban Home Farms Take Root In India? - Inc42 · Inc42 · Thu, 27 Aug 2020
- BASF Venture Capital invests in Hyderabad-based UrbanKisaan - Telangana Today · Telangana Today · Tue, 13 Jul 2021
- In a first, BASF Venture Capital GmbH invests in Indian startup UrbanKisaan - Business Standard · Business Standard · Tue, 13 Jul 2021
- BASF : Venture Capital invests in Indian hydroponics pioneer UrbanKisaan - marketscreener.com · marketscreener.com · Tue, 13 Jul 2021
- UrbanKisaan is betting on vertical farming to bring pesticide-free vegetables to consumers and fight India's water crisis - TechCrunch · TechCrunch · Thu, 17 Sep 2020
- Y Combinator Backed UrbanKisaan Receives Investment From BASF VC - Inc42 · Inc42 · Tue, 13 Jul 2021
- BASF invests in Indian hydroponics farming startup - Indian Chemical News · Indian Chemical News · Tue, 13 Jul 2021
Financial performance and recent trajectory
Disclosed revenue (FY25): Not separately disclosed in segment-wise FY 2024-25 reporting.
Competitive position
UrbanKisaan occupies a position in the hydroponics / vertical farming business plan & category alongside other listed and unlisted Indian players. Competitive intensity in the segment is shaped by raw material cost cycles, distribution depth, branded versus unbranded share, and the regulatory framework governing manufacturing, FSSAI labelling (for food), BIS standards (for engineering goods), or sectoral norms. The principal competitive moats in this category are typically scale, distribution reach, brand trust, and integrated procurement. KAMRIT's project report on hydroponics / vertical farming business plan & benchmarks new entrant economics against the listed peer cost structure including capex per tonne (or per unit of output), working capital intensity, gross margin band, and the EBITDA delta between organised and unorganised participants.
Key risks
Input cost volatility in the hydroponics / vertical farming business plan & value chain Competitive intensity from larger Indian groups and multinational subsidiaries Regulatory tightening under FSSAI, BIS, environmental norms, or labour codes
Outlook
UrbanKisaan is a participant in the Indian hydroponics / vertical farming business plan & category, which forms part of the broader Agriculture space. The Indian hydroponics / vertical farming business plan & market continues to evolve with rising organised share, premiumisation, distribution expansion, and a regulatory architecture covering the Companies Act 2013, the Income Tax Act 1961, the CGST Act 2017, the Legal Metrology Act 2009, and sectoral statutes including the Food Safety and Standards Act 2006 (for food and beverage subsegments), the Drugs and Cosmetics Act 1940 (for pharmaceutical or healthcare adjacencies), the Environment Protection Act 1986 (for emissions and effluents), and labour codes consolidated under the four 2020 labour codes. In KAMRIT's project report framework for this category, the competitive set typically includes pan-India branded leaders, multinational subsidiaries, mid-sized regional players, and a long tail of MSME participants. The structural attractiveness of the category for new entrants is a function of (a) market growth rate, (b) the share that remains with unorganised or fragmented operators, (c) the cost of regulatory compliance, and (d) the capex intensity of plant and machinery. The KAMRIT bankable DPR for this category structures a new entrant's economics against this competitive landscape. For UrbanKisaan specifically, public-domain disclosures provide a baseline view of operations, but segment-wise revenue, EBITDA, capacity utilisation, and forward capex plans are not separately broken out in many cases. Where the company is part of a listed group, the SEBI LODR and the Companies Act 2013 governance framework apply, with statutory audit conducted under SA 700 and CARO 2020 reporting. Where the company is unlisted, the Companies Act 2013 framework continues to govern with reduced public disclosure. The risk and opportunity outlook for UrbanKisaan mirrors the broader hydroponics / vertical farming business plan & category dynamics. Demand-side drivers include rising household consumption, urbanisation, organised retail expansion, and policy support including PLI schemes (where applicable to the segment). Supply-side risks include input cost volatility, regulatory tightening, environmental compliance escalation, and competitive intensity from larger groups or imports. Management quality, balance sheet strength, distribution depth, and the capex execution track record are the differentiators within the peer set. KAMRIT's research desk maintains a baseline reference for UrbanKisaan as a peer benchmark within the hydroponics / vertical farming business plan & category. For investors, lenders, or new entrant promoters seeking a fuller assessment of UrbanKisaan, KAMRIT's deep-dive company profile engagement covers financial trajectory, capacity and capex, distribution and customer concentration, regulatory exposure, and the competitive position with named peers.
KAMRIT point of view
Building or competing with UrbanKisaan?
KAMRIT advises promoters, family offices, and global enterprises evaluating greenfield entry into the agriculture (hydroponics / vertical farming business plan &) sector. Our Bankable DPR with Cost Model and ROI benchmarks your project economics against the listed-company cost structure of UrbanKisaan and peers. The Execution Partnership tier covers everything from incorporation through commissioning. A 20-minute scoping call with our partners is free.
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These reports use UrbanKisaan in benchmarking and competitive analysis sections.
Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.