Tractor Factory, a pre-owned tractor marketplace, has raised ₹4 crore (approximately $500,000) in a pre-seed funding round led by All In Capital, an early-stage investment firm.
The round also saw participation from notable investors such as Bharat Founders Fund, DeVC, Dhingra Partners Prosperity Trust (associated with the Kirloskar Generators family office), and prominent angel investors including Samir Sood (Founder of Venture Highway), Abhishek Goyal (Founder of Tracxn), Aayush Phumbra (Founder of Chegg), and Puneet Kumar (from Steadview Capital).
The fresh capital will be used to enhance its technology, expand its market reach, and improve customer experience, aiming to streamline the buying and selling process for farmers.
“We have seen the challenges that mid-income farmers meet due to the lack of access to reliable, low-cost tractors, contributing to generational poverty. At Tractor Factory, we aim to address this issue and are pleased to have the support of credible investors who believe in our mission. We aim to generate Rs 1000 crore in revenue over the next three years,” said Shailesh Tiwari.
Kushal Bhagia, Founder of All In Capital, said, “More than 95 per cent of farmers in India fall under the middle-income category and do not have the resources to buy new tractors, limiting their production capacity. Tractor Factory is solving this major problem by addressing the vital needs of small farmers nationwide.”
Founded in 2024 by Shailesh Tiwari, Tractor Factory offers an omnichannel marketplace that bridges the gap between buyers and sellers of pre-owned tractors, helping farmers access affordable, high-quality machinery.
The company aims to provide a reliable, low-cost alternative for middle-income farmers who often struggle to purchase trustworthy tractors from unorganised, broker-driven sources.