Balwaan Krishi is a Jaipur agricultural machinery company making small farm equipment for Indian farming conditions, operating through Modish TractorAurKisan Private Limited. Founded in 2016 by brothers Rohit and Shubham Bajaj, it sells brush cutters, power weeders, sprayers, water pumps, tillers, augers, chainsaws, harvesters and hedge trimmers, along with spare parts, accessories and refurbished equipment, priced between ₹10,000 and ₹1 lakh. That range is aimed at small and marginal farmers, who make up roughly 86% of Indian farmers and cultivate under two hectares each, for whom tractors an
1StartupFox story
2016Founded
Agricultural MachinerySector
Sept 2026Latest coverage
Funding
Balwaan Krishi has raised $17M across 3 disclosed rounds, most recently a Series B in September 2026.
$17MRaised
Series BLatest round · September 2026
3Events
Series BSeptember 2026reported
$11M
InvestorsFirst Bridge India Growth Fund Private Equity (lead), other institutional investors
Valuation
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September 2026Series B$11MFirst Bridge India Growth Fund Private Equity (lead), other institutional investors
June 2024Series A$4.2MJM Financial Private Equity
May 2023Pre-Series A$2MCaspian Leap for Agriculture Fund (lead), Deepak Agarwal, Rishab Jain, Pulkit Bachhawat
Investor roster
Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.
New · Latest leadFirst Bridge India Growth Fund Private Equity (lead)1 round · 2026
other institutional investors1 round · 2026
JM Financial Private Equity1 round · 2024
Caspian Leap for Agriculture Fund (lead)1 round · 2023
Deepak Agarwal1 round · 2023
Pulkit Bachhawat1 round · 2023
Rishab Jain1 round · 2023
Aggregated automatically from the disclosed rounds above.
Founded in Jaipur by brothers Rohit and Shubham Bajaj as Modish TractorAurKisan Private Limited, building affordable mechanisation for small and marginal farmers rather than tractor-scale equipment. ↗
May 2023 · funding
Pre-Series A — $2M, led by Caspian Leap for Agriculture Fund (lead).
Jul 2023 · milestone
Launches India's first ISI-marked agricultural power equipment, covering brush cutters, sprayers and water pumps, and partners with BigHaat, Moglix, IndustryBuying, Tractor Junction and Mahindra & Mahindra to widen distribution. ↗
June 2024 · funding
Series A — $4.2M, led by JM Financial Private Equity.
Jun 2024 · funding
Raises a ₹40 crore Series A from JM Financial Private Equity, earmarked for product development and distribution expansion including Southern India. ↗
September 2026 · funding
Series B — $11M, led by First Bridge India Growth Fund Private Equity (lead).
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Balwaan Krishi is a Jaipur agricultural machinery company making small farm equipment for Indian farming conditions, operating through Modish TractorAurKisan Private Limited. Founded in 2016 by brothers Rohit and Shubham Bajaj, it sells brush cutters, power weeders, sprayers, water pumps, tillers, augers, chainsaws, harvesters and hedge trimmers, along with spare parts, accessories and refurbished equipment, priced between ₹10,000 and ₹1 lakh. That range is aimed at small and marginal farmers, who make up roughly 86% of Indian farmers and cultivate under two hectares each, for whom tractors an
Who founded Balwaan Krishi?
Balwaan Krishi's founders and leadership on record at StartupFox are Rohit Bajaj and Shubham Bajaj.
How much funding has Balwaan Krishi raised?
Balwaan Krishi has raised $17M across 3 disclosed rounds. The most recent was a $11M Series B in September 2026.
Who are Balwaan Krishi's investors?
Disclosed investors in Balwaan Krishi include First Bridge India Growth Fund Private Equity (lead), other institutional investors, JM Financial Private Equity, Caspian Leap for Agriculture Fund (lead), Deepak Agarwal, Rishab Jain, Pulkit Bachhawat.
What is the latest news on Balwaan Krishi?
The most recent StartupFox coverage is “Balwaan Krishi Raises ₹100 Crore to Stop Importing the Machines It Sells” (28 September 2026). All stories are listed on this page.
Sources & updates
This profile is compiled by the StartupFox desk from company announcements, regulatory and exchange filings (RoC/MCA, NSE/BSE) and our own reporting. 0 of 3 funding rounds link to a named source.
