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Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine

Basmati exporters urge govt to suspend ₹83/tonne levy amid delayed payment, shrinking margin India could limit sulphur exports as supplies tighten, sources say China resumes buying broken rice from India Hot, dry conditions may prevail over most of North-West, Central India for another week IMD issues intense heatwave warning for several parts of Maharashtra Kerala fisheries sector hit by fuel shortage & rising kerosene prices ITC makes history with India’s first FSA 3.0 certification for wheat, paddy NSRCEL, Pernod Ricard India Foundation conclude 3rd cohort of Circular Economy Incubation Programme India’s sugar output up 8% at 27.39 mt as of April 15 NAAS suggests govt to consider one-time licensing for imported horticulture hybrids Polavaram project: Construction of ECRF dam to be be completed by March 2028 Climate-hit Kashmir saffron farmers battle rising porcupine menace India targets cocoa self-sufficiency by 2040 with national mission and reforms Avi Polymers launches KrishiBuddy AI platform to transform smart farming in India India gets imported Urea offer at $935, $959 per tonne Indian agriculture sector under threat by below-Normal Monsoon, El Nino, and West Asia war: ICRA Hindustan Zinc’s DAICHI launches products on retail and quick commerce platforms Oppressive heat conditions to spread out over Central and East India from today Global fertilizer supply crunch tightens farm economics India's green fuel plans collide with farmers' water fears Madhya Pradesh CM says basmati rice from the State is exported to 47 nations NAAS calls for developing smart alternate fertilisers to achieve self sufficiency TRI launches agri-voltaic project to help farmers earn double income Temperatures may trend up over North-West, Central India until weekend Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply India’s soyabean imports surge to 3.09 lakh tonnes during Oct-Mar 2025-26 oil year IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari ‘UP banned only forced sale of non-subsidised fertilizers to farmers’ How kashmir’s breakthrough is making Gucchi mushroom farming possible
Tractor Junction’s FY26 revenue up 62% at ₹198 cr; announ...
By BL Bengaluru Bureau · 2026-06-01 · via Latest Agricultural News, Crop Prices, Farming, Agri Business News | The HinduBusinessLine
Rajat Gupta, CEO and Founder, Tractor Junction

Rajat Gupta, CEO and Founder, Tractor Junction

Tractor Junction, a rural auto-fintech platform, said on Monday that its revenues grew 62 per cent during FY26 to touch ₹ 198.4 crore. The company attracted over 6 crore visitors to its platform during the year. Building on that momentum, the company is eyeing a doubling of its growth for FY27, targeting ₹400 crore in revenue, Tractor Junction said in a statement.

The company also announced its second ESOP liquidity programme worth ₹3 crore, allowing 80 eligible employees to exercise their vested options.

“FY26 was a defining year for us — revenue grew 62 per cent to nearly ₹200 crore, our platform crossed 6 crore visitors, and the fintech arm FINJ scaled to an annual disbursal run rate of nearly ₹3,333 crore. The people who built this momentum deserve to share in the value they have created. This second ESOP buyback is a recognition of their work and a signal of the conviction we have in the road ahead. With clear unit economics, a deep rural moat, and a sharper product engine, we are now setting ourselves the ambition of ₹400 crore in FY27 — more than 2x our FY26 base,” Rajat Gupta, CEO and Founder, Tractor Junction, said in a statement.

Tractor Junction partners with over 50+ OEMs across tractors, commercial vehicles, three-wheelers, and two-wheelers and operates an on-ground retail network across 85 cities in 6 States. Its fintech arm FINJ, launched in January 2024, now operates across 17 States with over 35 lender partners and over 19,000 channel partners. The company said it is on a strong growth trajectory and is currently hiring for more than 500 open positions across all its businesses and geographies.

Tractor Junction raised ₹200 crore ($22.6 million) in Series A in November 2025, led by global impact investor Astanor, with participation from existing investors Info Edge and Omnivore.

Published on June 1, 2026