FarMart, a mobile-based, agritech platform, has raised INR 17.7 crore or USD 2.4 million in a pre-series A funding round led by Omidyar Network India and Avaana Capital. Existing investors Indian Angel Network and LetsVenture also participated. The company will focus on product development, user base expansion and scaling its market linkage capabilities. FarMart, founded…
Agri-tech firm Aqgromalin has secured Rs 2 crore in seed funding round. The latest financing round saw participation from Middle East-based angel investors. The South India-based company plans to use the funds raised to set up 500 micro-farms in the states of Tamil Nadu, Telangana, and Andhra Pradesh. According to a statement – the startup…
Under the Innovation and Agri-entrepreneurship Development of the Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR), MANAGE (The National Institute of Agricultural Extension Management) has offered ₹4 crore to around 40 agricultural start-ups. “Start-ups are frontrunners and innovative enthusiasts bringing in the transformation in the agriculture sector,” commented P Chandra…