Biography of Abhay Sharma: Founder and CEO of KYARI Innovations -Entrepreneur
Abhay Sharma’s Mission to Harmonize Humans and Wildlife
Abhay Sharma is an entrepreneur dedicated to solving the
ongoing conflict between humans and wildlife. As the Co-Founder and Director of
KYARI Innovations, he has spent years developing solutions that help farmers
protect their crops from animal intrusions without harming them. One of his
most notable innovations is ANIDERS, an Animal Intrusion Detection and
Repellent System that efficiently deters animals from farms. With the backing
of the World Wildlife Fund (WWF), ANIDERS has been rigorously tested and proven
to be highly effective. Abhay’s vision is to make this technology available in
developing nations, fostering a harmonious coexistence between humans and
nature.
An Innovator Recognized for His Impact
Abhay Sharma’s journey in innovation began early. During his
college years, he pursued a degree in Mechanical Engineering at Amity
University, where he honed his skills in product design and development. His
groundbreaking work on ANIDERS earned him the prestigious National Budding
Innovator Award in 2017. This recognition fueled his passion for creating
impactful solutions, leading to the establishment of KYARI Innovations Pvt.
Ltd. The company quickly gained prominence for developing products that cater to
both personal protection and environmental sustainability.
KYARI’s Expanding Reach in Wildlife Conservation
KYARI’s products are widely used by the Indian Forest
Department and esteemed global organizations, including the International Union
for Conservation of Nature (IUCN), the United Nations Development Program
(UNDP), WWF, and the Wildlife Institute of India (WII). Their work has also
been recognized by the National Research Development Corporation (NRDC) and
accredited by the Indian Council of Agricultural Research (ICAR), further
solidifying KYARI’s credibility in the field of wildlife conservation.
The Birth of KYARI’s Indoor Plant Venture
KYARI later expanded its vision beyond wildlife
conservation, stepping into the indoor plant industry. This new initiative was
inspired by the growing demand for easy-to-maintain indoor plants that enhance
homes and office spaces. The company introduced a variety of plants,
fertilizers, and innovative self-watering planters to make plant care
effortless. With over 150 plant varieties available, KYARI ensures that
customers receive high-quality greenery delivered straight to their doorsteps.
The Vision of Agam Choudhary and Saksham Jain
KYARI’s indoor plant division was co-founded by two brothers
from Indore, Agam Choudhary and Saksham Jain. Growing up in a business-oriented
family in Sagar, Madhya Pradesh, entrepreneurship was always in their blood.
However, Agam sought to build something unique. After completing his bachelor’s
degree in industrial production engineering, he launched RobotBanao, an online
marketplace for robotics products, in 2018. This venture was a stepping stone
toward his next big idea—Kyari.
Transforming Homes with Greenery
In 2022, Agam and Saksham founded KYARI to bring nature into
people’s homes. Their goal was to provide urban dwellers with stylish,
easy-to-maintain plant solutions. They combined aesthetic design with natural
beauty, offering a collection of plants and decorative planters that could
transform any space into a serene sanctuary. Their mission was clear: to make
indoor greenery both accessible and convenient for everyone.
The Convenience of Online Plant Shopping
KYARI makes plant shopping hassle-free by selling live
plants online through its website and e-commerce platforms like Amazon. This
approach allows customers to browse and purchase plants with just a few clicks.
The brand focuses on accessibility, ensuring that people from all locations can
bring home healthy, vibrant greenery without stepping into a nursery.
Innovation in Self-Watering Planters
Understanding the challenges of plant care, KYARI introduced
self-watering planters designed for busy individuals. These planters regulate
water levels, ensuring plants receive the right amount of hydration without the
risk of overwatering or underwatering. This innovation has made plant
maintenance effortless for those with demanding lifestyles.
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Stylish and Functional Decorative Planters
To complement modern interior aesthetics, KYARI offers a
diverse range of decorative planters. Their collection includes sleek
minimalist designs, LED planters, and even magnetic planters that can be
attached to walls or surfaces. These stylish additions cater to various décor
preferences, allowing customers to personalize their green spaces with
elegance.
Breathable Packaging for Safe Deliveries
One of the biggest challenges in selling live plants online
is ensuring their safe arrival. To tackle this, KYARI developed breathable
packaging that protects plants during transit, keeping them fresh and
damage-free. This innovation has played a crucial role in building customer
trust and ensuring plant health upon delivery
Water-Saving Innovations for Plant Care
KYARI’s latest advancements include a water level meter that
simplifies plant watering. Users insert the meter into the soil, and it changes
color based on moisture levels, indicating when watering is needed. The company
also developed a water globe that slowly releases water into the soil, ensuring
plants remain hydrated. These tools make plant care even easier for beginners.
Rapid Growth and Strong Sales
Despite being a relatively new business, KYARI has seen
impressive growth. In the financial year 2022–23, the company generated ₹1.75
crore in revenue but faced losses of ₹1.25 crore. The following year, sales
soared to ₹9.5 crore, though losses increased to ₹2.17 crore. By October of the
next fiscal year, revenue had already reached ₹10.5 crore, with an expected
annual turnover of ₹23 crore, despite projected losses of ₹2 crore.
KYARI’s Funding and Future Plans
KYARI has successfully completed three funding rounds. In
April 2022, they raised ₹2 crore at a valuation of ₹40 crore. By October 2023,
the valuation increased to ₹50 crore, leading to another round of ₹5.4 crore.
In March 2024, the company secured ₹1.04 crore at a valuation of ₹40 crore.
Looking ahead, KYARI is preparing for a major funding round of ₹25 crore,
targeting a valuation of ₹150 crore. Currently, Agam holds 40% of the company,
Saksham owns 37%, employees have a 7% stake through ESOPs, and investors hold
the remaining 17%.
A Bright Future for KYARI
With a strong foundation, innovative products, and a growing
customer base, KYARI is poised to become a leading player in the indoor plant
and wildlife conservation sectors. Their vision of making plant care effortless
and promoting human-wildlife harmony continues to drive their success. As they
expand their reach, KYARI is set to leave a lasting impact on both nature
lovers and farmers worldwide.
Timeline for story
2017 – Abhay Sharma wins National Budding Innovator Award
for ANIDERS.
2018 – Agam Choudhary launches RobotBanao, an online
robotics marketplace.
2020 – KYARI Innovations Pvt. Ltd. is founded to develop
wildlife protection solutions.
2022 – Agam and Saksham launch KYARI’s indoor plant
division. Raised ₹2 crore at ₹40 crore valuation.
2023 Oct – KYARI’s valuation reaches ₹50 crore, raising ₹5.4
crore.
2024 Mar – Secures ₹1.04 crore at a ₹40 crore valuation.
2024 Oct (Projected) – Plans for ₹25 crore funding at ₹150
crore valuation.
