Agritech startup Superplum has announced that it has raised $3.8M in pre-Series A funding round from marquee investors.
The Noida-based startup informed that it has raised $6.8 million in total, since its inception.
It’s investors include businessman and venture capitalist Steve Jurvetson, Coatue Ventures and earlier Facebook’s Dan Rose, RPS ventures, Mark Siegel, Softbank’s Kabir Misra, Curtis Macnguyen of Ivory Capital, Binny Bansal and Ron Snyder.
Shobhit Gupta, Founder and CEO, Superplum, stated, “India is the world’s second-largest agriculture market and we produce more than 110 million tons of fruits every year. However, we see broken supply chains, massive wastage gluts, and shortages both geographically and over time. We plan to fix this broken channel with a low-cost, modern supply-chain solution that can ensure fresher and higher quality products across the country.”
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.