Thrive Gene Private Limited Wins the Agricultural Seed Innovation Excellence Award at the 9th Great Companies SME Business Awards 2026
Recognized for Advancing Farmer-Centric Seed Innovation Through Research, Quality, Field Validation, and Global Agricultural Ambition
In an industry where seed quality can directly influence agricultural productivity, resilience, and farmer outcomes, Thrive Gene Private Limited is building its identity around research-driven seed innovation and farmer-centric solutions. In recognition of its contribution to agricultural innovation and its focus on developing reliable, high-performance seed solutions, Thrive Gene Private Limited has been honored with the Agricultural Seed Innovation Excellence Award at the 9th Great Companies SME Business Awards 2026.
Founded by Chandra Kant Dhakad in 2024, the Indore-based company develops and markets hybrid seeds across maize, sweet corn, vegetables, flowers, and other field crops, with a growing presence in both Indian and international markets.
Advancing Agriculture Through Seed Innovation
Headquartered in Indore, Madhya Pradesh, Thrive Gene Private Limited focuses on developing high-performance hybrid seeds using advanced breeding methods, research, field validation, and quality assurance.
The company's portfolio spans a broad range of agricultural requirements, including hybrid maize, sweet corn, vegetables, flowers, and other crops. Its team of agronomists, geneticists, and researchers works toward developing seeds that are resilient, high-yielding, and adaptable to diverse climatic conditions.
The company describes innovation, sustainability, and farmer-centricity as central pillars of its approach, with the broader objective of contributing to a more sustainable and productive agricultural ecosystem.
Research and Quality at the Core
A key differentiator for Thrive Gene is its emphasis on real-world field performance.
The company subjects its hybrid seeds to extensive multi-location field trials across diverse agro-climatic conditions before selecting products for the market. Its seed lots also undergo testing for genetic purity, germination, and physical quality, with the aim of delivering consistent performance to farmers.
Beyond the seed itself, Thrive Gene provides technical guidance, field demonstrations, and agronomic support throughout the crop cycle. This farmer-focused engagement is designed to help growers understand and maximize the performance of its products.
Building a Growing Agricultural Enterprise
Since its establishment in 2024, Thrive Gene has expanded from serving the Indian market to reaching international markets through seed exports.
According to the company's submitted information, its products are now trusted by more than 10,000 farmers across multiple states in India, while the company has also developed overseas customer relationships. Within 18 months of incorporation, Thrive Gene reported approximately USD 550,000 in revenue, marking significant early-stage growth for the young agricultural enterprise.
The company has also received recognition including the Top 5 Best Young Startups of Madhya Pradesh 2026, the Nobel Icon Award 2025 for Excellence in Agriculture, and the Pride of Madhya Pradesh Award 2025, according to the company's submitted profile.
Empowering Farmers Through Better Seed Solutions
For Thrive Gene, agricultural innovation extends beyond product development. The company emphasizes farmer productivity, profitability, technical knowledge, and long-term engagement as important elements of its business approach.
Its stated community and social-impact priorities include education and knowledge sharing, job and livelihood generation, sustainability, climate responsibility, women empowerment, diversity and inclusion, and support for startups and MSMEs.
As the company continues to expand its product portfolio and international reach, its stated ambition is to strengthen India's position as a source of agricultural innovation while creating long-term value for farmers, distributors, and customers globally.
Company Profile
Business Name: Thrive Gene Private Limited
Founder: Chandra Kant Dhakad
Established: 2024
Headquarters: Indore, Madhya Pradesh, India
Industry: Agriculture / Seed Innovation
Core Offerings: Hybrid Maize | Sweet Corn | Vegetable Seeds | Flower Seeds | Field Crop Seeds
Website: www.thrivegene.com
About Great Companies SME Business Awards 2026
The Great Companies SME Business Awards 2026 celebrate exceptional entrepreneurs, innovators, and businesses that are creating meaningful impact through innovation, customer excellence, sustainable growth, and industry leadership. The awards recognize organizations that are shaping the future of India's MSME ecosystem while building businesses that inspire trust, transformation, and long-term value.