
FarMartrevenue & funding
Other Vertical Industry SoftwareGugaon, Haryana, IndiaFounded 2015CEO Alekh Sanghera
Farmart is a Singapore-based online grocery and farm-to-table marketplace that offers a wide range of fresh produce, groceries, and household essentials.
- Customers
- 10K
FarMart revenue
FarMart has not published its revenue. GetLatka estimates it at about $50M a year (November 2023).
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| May 2021 | $3.3M | – |
| Mar 2022 | $15.1M | – |
| Jun 2023 | $130MEST. | Tracxn estimate |
| Nov 2023 | $50MEST. | GetLatka estimate |
– source not recorded
FarMart funding rounds & investors
FarMart has raised $45.3M across six rounds since 2017. The latest was a $32M Series B in March 2022.
| Date | Round | Raised |
|---|---|---|
| Mar 2022 | Series B | $32M |
| Oct 2021 | Series A | $10M |
| May 2021 | Seed | $2.4M |
| 2020 | Grant | $100K |
| Sep 2019 | Seed | $500K |
| Mar 2017 | Seed | $245K |
| Total raised | $45.3M |
FarMart competitors
FarMart competes most directly with AGRIVI d.o.o..
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
| $50M | $45.3M | 570 | 10K | 2015 | |
| $5.5M | $5.7M | 39 | – | 2013 |
FarMart CEO, founders & employees
Alekh Sanghera founded FarMart in 2015 and runs it as CEO. FarMart had 570 employees (January 2025, LinkedIn), up from 373 a year earlier.
- Alekh SangheraFounder & CEO
All 9 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Jan 2025 | 570 | |
| Nov 2023 | 373 | – |
| Jul 2023 | 373 | – |
| Nov 2022 | 144 | – |
| Mar 2022 | 144 | – |
| Nov 2021 | 66 | – |
| Oct 2021 | 66 | – |
| May 2021 | 44 | – |
| Nov 2020 | 55 | – |
FarMart FAQ
What is FarMart's revenue?
GetLatka estimates FarMart's revenue at about $50M a year (November 2023). The company hasn't published its own figure.
How much funding has FarMart raised?
FarMart has raised $45.3M across six funding rounds. The latest was a $32M Series B in March 2022.
How many employees does FarMart have?
FarMart had 570 employees in January 2025, according to LinkedIn.
Who is the CEO of FarMart?
Alekh Sanghera is the CEO of FarMart and founded the company in 2015.
Who founded FarMart?
Alekh Sanghera founded FarMart in 2015.
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How this page is sourced
1 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun FarMart? Join the podcast