- → Myca raised $1.3 million in pre-seed funding led by Kriscore Capital and Eximius Ventures, with support from Indigram Labs Foundation and agri-sector angels.
- → The company's AI agents convert field data from WhatsApp, calls and photos into structured information layered on top of existing ERP/CRM systems.
- → Myca is already active in eight countries with customers including Bayer, Olam Food Ingredients and ETG-Parrogate, and plans to expand across Latin America, Africa, Southeast Asia and India.
Myca, an India-headquartered agritech startup known for AI agents that coordinate field teams, has raised $1.3 million in pre-seed funding, according to AgFunderNews. Kriscore Capital led the round alongside Eximius Ventures, with participation from Indigram Labs Foundation and angel investors from the agriculture sector.
From WhatsApp chaos to structured data
According to the outlet, agribusinesses across the Global South still run critical operations through WhatsApp messages, phone calls and spreadsheets, meaning head office systems rarely reflect real-time conditions on the ground. Myca's software ingests the messages, calls and photos field teams already produce, turns them into structured data, and uses AI agents to handle the follow-up work typically done by supervisors.
The product sits on top of a company's existing ERP and CRM systems rather than replacing them, with use cases spanning field sales, crop surveys, procurement planning, credit assessment, and warehouse and logistics tracking, per AgFunderNews.
Eyes on the Global South, including Latin America
Myca launched in April in India and Indonesia and says it is now active in eight countries, with customers including Bayer, Olam Food Ingredients, ETG-Parrogate, BigHaat and Dayatani, the outlet reports. The company plans to use the new capital to expand its product suite, grow its engineering team, and widen its geographical footprint across Southeast Asia, Latin America, Africa and India.
Founders Arnav Pandey, Tejas Dinkar and Seamus Tardif previously built an agritech company in Southeast Asia with more than $100 million in topline revenue, according to the company, as cited by AgFunderNews. The team says it is staying focused on smallholder-heavy markets, where field teams can number in the thousands rather than tens of people.
A tough fundraising climate for agri in the Global South
CEO Pandey told AgFunderNews that the fundraising process took longer than usual because investors are not particularly keen on backing agriculture in this part of the world, and that positioning Myca as an AI software company rather than a traditional agritech was a recurring hurdle. The founders say they walked away from term sheets they weren't satisfied with and expect to raise again in the not-so-distant future.
Verified source: AgFunderNews. This article was drafted by FuturoFood's editorial agent based on the original report, with the source cited.