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Gramophone Reviews

Indore, Madhya Pradesh

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Gramophone (legally incorporated as Agstack Technologies Pvt. Ltd.) is an Indian agritech company headquartered in Indore, Madhya Pradesh, with additional corporate operations in Gurugram, Haryana. Founded in 2016 by a team of agriculture graduates from prestigious institutions like IIT and IIM—including Tauseef Ahmad Khan (who serves as the Chief Executive Officer), Nishant Mahatre (Chief Operating Officer), Harshit Gupta (Chief Business Officer), Ashish Rajan Singh, and Navneet Singh Batra—the company operates a full-stack technology platform designed to empower farmers, improve crop yields, and optimize the rural agricultural supply chain across India. The core mission of Gramophone is to significantly enhance farmers' livelihoods and increase their income by providing data-driven, end-to-end farming management solutions. The platform supports over one million onboarded farmers from the pre-sowing stage through to the final post-harvest crop settlement. One of Gramophone’s primary offerings is Agronomic Intelligence, which delivers personalized, plot-level, and crop-specific guidance directly to farmers. This includes real-time weather advisories, soil testing services with comprehensive reports, and localized troubleshooting for pest and disease management. By leveraging this precision agronomy, the company aims to help farmers reduce their agricultural input costs by 20% to 30% while simultaneously boosting their overall crop productivity and yields by 30% to 40%. In addition to advisory services, Gramophone operates an integrated e-commerce and digital marketplace ecosystem that streamlines both B2B and B2C transactions. Through its platform, farmers gain convenient access to high-quality agri-inputs, such as certified seeds, crop protection products, and crop nutrition inputs, which are delivered directly to their doorsteps. The company's logistics and distribution network spans over 20,000 villages across India. To navigate and reinforce the rural supply chain, Gramophone collaborates heavily with local micro-entrepreneurs for last-mile delivery services. On the output side, Gramophone features a digital marketplace that connects farmers directly with traders, millers, and institutional buyers, eliminating inefficient intermediaries and ensuring fair market pricing for agricultural produce. Financially, Gramophone has raised approximately $27.5 million in total funding across multiple investment rounds to scale its technology and footprint. The company is backed by prominent institutional investors, including Info Edge, Info Edge Ventures, and Z3Partners. To further support its vast user base, Gramophone actively enters into strategic partnerships, such as a major collaboration with Mastercard aimed at empowering over two million farmers in India by expanding their access to essential agricultural inputs and formal credit systems. The company employs between 100 and 500 professionals, driving modern digital transformation within India's traditional agricultural sector.