Agri-Tourism
Initial Ask – Rs.50lacs for 5% equity at a valuation of Rs.10Cr.
About the Company
The Company is providing a platform for the farmers to list their farmhouses on rent for the tourists to come in and visit the farms.
On this platform, the farmers will be able to list their farmhouses, and then a standardisation of processes and affiliation training will be provided to the farmer. This is the main source of revenue for the company.
The other farms give commission to the company which is another source of revenue.
The owner has drafted the Agri-Tourism policy for the government of Maharastra and has been named the “Father of Agri-Tourism in India” and has been been awarded for the innovative tourism product by the Govt. of India.
Past performance of the Company
The company has generated Rs.79lakhs in revenue till date, but around Rs.30lakhs are generated from own farm.
Industry Overview
Agricultural lands are very attractive tourist spots, however, they are not in the limelight. No company has taken this step of shining the light on one of the most beautiful tourist spots of the country.
This is a copiable industry. Which means, companies like MakeMyTrip etc, may copy this entire model.
Moreover, the demand side of the chain is not resolved. Moreover, farmers also need to generate revenue, and this kind of industry is very useful for the same.
Offers made, and the one accepted:
No Deals were offered