B2B Platform – AgriGator has raised investments from Manish Modi on behalf of Venture Catalysts and Ness Wadia, an industrialist and entrepreneur.
Udit Sangwan, Founder, AgriGator, said – “The Indian agriculture industry faces a lot of logistics trouble due to the lack of innovation and technological advancement. The capital infusion would help AgriGator improve on its technology and hence provide better logistics services for our consumers. With Venture Catalysts’ support and belief in our vision, we will aggressively capture the market and scale the business pan-India.”
AgriGator aims to be a full stack solution in the agri supply chain. It is working on developing a marketplace that will help buyers and sellers trade in a wider network with the assurance of quality sourcing.
Manish Modi, Managing Partner at Mastermind Capital and Lead Investor, Venture Catalysts, said on the development – “Nothing is more powerful than an idea whose time has come. Disintermediation is the need of the hour in the vast and highly inefficient agri supply chain industry. Technology can not only help bring much-needed efficiency to this unexplored space, but can also empower buyers and sellers to grow their businesses exponentially. We believe in Udit and Charu’s vision of creating a full stack B2B digital supply chain solution and support it wholeheartedly.”
“The passion and commitment demonstrated by Udit and Charu towards identifying supply chain bottlenecks and the resolve shown to address them is truly encouraging. Agriculture is in dire need of tech innovations like AgriGator. India needs many more entrepreneurs such as Udit & Charu to focus their energy on the agriculture space if India really desires to be a developed nation.” – said Ness Wadia, Co-investor in AgriGator.
-AK
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.