COMPANY INTELLIGENCE PROFILE
Falca E-Solutions Private Limited
Bengaluru-based DPIIT-recognised agritech startup (brand "Falca") running a rural agri-supply-chain platform for small and marginal farmers; subsidiary of Palc Networks Pvt Ltd.
Falca is a Bengaluru-based agritech startup recognized by DPIIT, operating as a rural agri-supply-chain platform for small and marginal farmers. A subsidiary of Palc Networks Pvt Ltd, it offers comprehensive farming solutions and operates across several Indian states. Founded in 2018, the company reported revenue of Rs 368.72 crore in FY2024, but faces financial challenges with negative profit margins according to Tofler.
AI-generated, may contain errors.
Business Overview
- "Falca" is a rural agri-supply-chain platform offering one-stop farming solutions, inputs, advisory, market linkage / output offtake, to small and marginal farmers.
- Founded 2018 by Santosh Danegoudar.
- DPIIT-recognised startup.
- Operates across multiple states, GST registrations in Karnataka, Madhya Pradesh, Telangana, Maharashtra.
- Headcount ~212–261 (2024). [Sources: Inc42, Entrackr, thecompanycheck, knowyourgst]
Sector & Classification
CIN sector class 74999 — "Other Business Activities N.E.C." / online service marketplaces (agri supply chain). Exact 4-digit NIC not obtained.
Directors & Key Management
Two current directors [thecompanycheck / Tofler]: 1) Santoshkumar Halappa Danegoudar (founder/director; appointed 29 Aug 2018) — DIN not obtained; 2) Somasundaram Suganthan (appointed 20 Jun 2022) — DIN not obtained. DINs could not be sourced (zaubacorp blocked per rules; falconebiz served only homepage). Never invented.
GST Registrations
Primary GSTIN: 29AADCF3415A1Z5 (Karnataka, home state) — Active, Regular, registered 28/06/2018, "Supplier of Services" [knowyourgst]. PAN: AADCF3415A. Total registrations: 4 states — Karnataka 29AADCF3415A1Z5; Madhya Pradesh 23AADCF3415A1ZH; Telangana 36AADCF3415A1ZA; Maharashtra 27AADCF3415A1Z9.
Financials
Falca E-Solutions Private Limited reported FY2024 revenue of Rs 368.72 crore, a 27% increase YoY. Despite positive revenue growth, the company faces negative profit margins and sharply declining net worth, with total borrowings at approximately Rs 22.2 crore, down 17% YoY.
AI-generated, may contain errors.
- Standalone, MCA/aggregator-sourced, not primary filing. FY2024, ended 31 Mar 2024: Revenue Rs 368.72 crore, +27% YoY [thecompanycheck]
- Tofler corroborates Rs 300–400 crore band.
- EBITDA/PAT: not disclosed publicly, "locked"/not obtained, but Tofler flags negative profit margins and sharply declining net worth, "Severe Risk" Tofler Score.
- Net worth: declined sharply YoY, Tofler cites -151% change; absolute figure not obtained.
- Total borrowings ~Rs 22.2 crore (down ~17% YoY) [Tofler].
- FY2025 figures not obtained.
- Standalone vs consolidated not specified by sources.
Funding History
- Pre-Series A: over US$3 million, October 2022, led by Inflection Point Ventures (IPV), with LetsVenture, Mumbai Angels and other HNIs
- Mix of debt and equity [Entrackr, Inc42, IBEF]. Aggregators cite total ~US$3.17M across ~4 rounds, Crunchbase/Tracxn — approximate, treat as partial.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| State Bank of India | ~Rs 4.95 crore | |
| HDFC Bank | ~Rs 0.12 crore | |
| Samunnati Financial Intermediation | ~Rs 17 crore | Per Tofler |
- Open (secured) charges ~Rs 26.25 crore
- Treat as partial.
Credit Ratings
- None found from CRISIL / ICRA / CARE in public search. Not obtained., Tofler's internal "Severe Risk" score is a proprietary aggregator metric, not a rating-agency credit rating.
Legal & Compliance
- No Indian Kanoon cases identified for Falca E-Solutions in search. None found, absence of results, not confirmation of a clean record.
Competitive Landscape
Frequently Asked Questions
What does the company do?
The company, branded as 'Falca', is a Bengaluru-based agritech startup recognized by DPIIT. It operates a rural agri-supply-chain platform offering farming solutions such as inputs, advisory services, and market linkage or output offtake targeted at small and marginal farmers. It is a subsidiary of Palc Networks Pvt Ltd.
What is the company's CIN?
The company's CIN is U74999KA2018PTC111332.
What is the company's GSTIN?
The company's primary GSTIN is 29AADCF3415A1Z5 for Karnataka, its home state. It is registered as an Active, Regular 'Supplier of Services' since 28/06/2018. It also has GST registrations in Madhya Pradesh (23AADCF3415A1ZH), Telangana (36AADCF3415A1ZA), and Maharashtra (27AADCF3415A1Z9).
When was the company incorporated?
The company was incorporated in 2018.
Where is the company's registered office located?
The company's registered office is located at C/O Palc Networks Private Limited, No. 119, EPIP Industrial Area, Phase-1, Hoodi Village, K R Puram Hobli, Bengaluru, Karnataka 560066.
Sources
thecompanycheck.com (identity, financials, charges, parent); tofler.in (financials, borrowings, risk); knowyourgst.com (GSTIN/PAN, registrations); entrackr.com + inc42.com + ibef.org (funding); web search snippets (directors, group entity). Excluded per rules: mca.gov.in, zaubacorp, cleartax.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.