Business Description:Online sale of biotech seeds to the entire world and this will work like ebay.co.in. The sale of seeds through online bidding. Selling latest biotech seeds to the farmers across the globe. Initially, we will focus in India.
Industry:Agribusiness/ Agriculture
Founded in:2005
Source of idea:Built hobby into a business
Significant Competitors:None
Company Details :
Company Name:biotechseed.com
HeadQuarters:Bangalore
Stage of the company:Just starting
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):2-5
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):Did not exist
>Partnerships:1. We have a tie up with a Technology company to develop online tools. Within a month these tools will be tested.
2. MOU with seed companies for biotech seeds procurement
3.Agri R & D institutes
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:1. Online biotechseed sales to the farmers
2. Ads from seed companies
3. Ads from the Agri research institutes
4. Ads from seed producing farmers
5. Requirement ads from the farmers
Awards & honors:None
Promoters Details :
Promoters Name(s):Nagaraj G
Age:39
HomeTown:Bangalore
Education:Masters NITIE
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Manager at Tata Motors & Satyam
Ex-Job Description:Supply Chain Management
Favorite Book/Movie:The fortune at the BOP