Xmachines Founder Trivikram Kumar is known for elevating the working style of small farmers. Presenting his business in The Shark Tank Season 3, he impressed all the sharks with his product’s creativity. The specially designed micro tractors help the farmers in different post-plowing activities. It helps in spreading chemicals evenly. Apart from that, it can plant the seed at the exact distance we want. Shark Namita Thapar and Ritesh Agarwal support Xmachines’ mission through funding. Following are all the details about Trivikram Kumar’s success story.
Who Is Xmachines Founder Trivikram Kumar? Shark Tank Journey, Age, Career, LinkedIn, Product Cost, And More
Trivikram Kumar is the Xmachines founder. He belongs to Hyderabad, Telangana. Trivikram completed his metrics from Gautami Vidya Kshetra. Being a non-medical student, he completed his +2 from Narayana Junior College. He stayed in Hong Kong for higher education and completed his Mechatronic Engineering from the City University of Hong Kong. His full name is Trivikram Kumar Dogga.
Before joining the university in Hong Kong, he joined a small program as a trainee at PepsiCo India for two months. While studying at the University in Hong Kong, he was a Research Assistant for three months. Later, he joined the R&D department for eight months with Cornerstone Development Limited. After completing his graduation, he worked in Hong Kong at M800 Limited for 1.6 years. After this, he returned to India in 2016. Trivikram Kumar Started his company XMachines in 2017. It’s been seven years for the company.
Xmachines Founder Age
Xmachines Founder Trivikram Kumar is approx 33 years old. He completed his schooling in 2009. He has been working in his company for the last seven years. Trivikram Kumar has a few competitors at the moment. However, there is expected to be more development in the sector in the coming years.
Xmachines Cost In India
They designed the product well and are at the pre-revenue stage yet. However, they expect to cross their breakeven point soon. Xmachines has three products at the moment. They are X100, X100 ultra, and X100 Max. These three Xmachine’s prices vary from Rs. 1.96 Lakhs to Rs. 4.5 Lakhs, meeting the requirements of the small farmers. They are helpful for cultivators who don’t have enough space. As per the reports, around 80% of the farmers own less than 5 acres of the land.
Xmachines Funding
Xmachines have some orders that will make their current financial year’s revenue close to Rs. 60 Lakhs. If we talk about their funding, Coromandel International is one of the biggest investors in the company. Having, a 16.53% stake in the company, they provide funding of Rs. 3 Crores at a valuation of Rs. 18 Crore. Trivikram Kumar has around 67% of the stake in the company. 10% are with some early investors, and 5% are with the team. The remaining 1% is with others.
Xmachines Shark Tank Journey
Xmachine Shark Tank’s journey has been inspiring. He gave an amazing pitch presenting the combination of robotics and farming. Trivikram Kumar Dogga is one of the best in his field. He asked for Rs. 72 Lakhs at 4% equity for a valuation of Rs. 18 crore. The company started in 2017. Xmachines gets a deal of Rs. 72 Lakhs at 4% equity for a valuation of Rs. 18 crore. Shark Namita Thapar Executive Director of Emcure Pharmaceuticals and Shark Ritesh Agarwal CEO of OYO Rooms gave deals to the Xmachines founder. They have an Instagram page as well. You can follow them on Instagram as @xmachines. Xmachines LinkedIn is @trivikramkumar. Keep reading with Charcha Times for more information.
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