Google has funded homegrown agritech startup Cropin in its latest Rs 113 crore round that also saw participation from JSR Corporation and existing investors ABC Impact and Chiratae Ventures, according to IANS report. The funds will aid in expanding Cropin Cloud, the company’s intelligent agriculture cloud platform, to cater to the growing demand for digitisation and predictive intelligence…
Mumbai-based agritech startup Grow Indigo has raised over $6 million in the recent funding round, according to ET Bureau report. The round saw interest from investors globally including participation from Indigo AG, Mahyco and HNIs. “Grow Indigo has conceptualized the concept of farming carbon as a crop for small holder farmers in India. When implemented…
Delhi/NCR-based agri-tech startup Otipy operated by Crofarm is planning to hire more than 250+ employees this fiscal. The company is looking for fresh talent across various departments including Sales & Marketing, Data & Analytics, Technology, Product Management, Operations & Supply chain, Procurement, etc., a statement said. As a fast-growing company, the startup is expanding its operations to…
Founders Shikha Prakash and Robin Nagar were appalled when they discovered that farmers in Uttarakhand were walking miles downhill to barter 5 kg Ghee for 5 kg salt because of pure innocence and sheer ignorance. Hoping to make an impact on the lives of these farmers and also build a healthy sustainable lifestyle they created…
GROWiT, a Surat-based protective farming agritech platform, announced it has raised INR 3 crores in seed funding through a close network of investors. The round was led by Mehul Shah from IVY Growth. Other investors who joined the round are Coppermint LLP, Gaurav Singhvi (Co-founder, WFC), Rajeev Goel (Sagar Life Sciences), Sunay Shah (Mahati Electrics), Rohan Desai…
Agritech startup Krishify said it has raised USD 3.5 million from investors to grow its business across the country, according to PTI report. In August last year, the company had raised USD 2.7 million in a pre-Series A funding round led by Omidyar Network India, Ankur Capital and Orios Ventures. The company said in a…
DeHaat, a Gurugram and Patna-based online marketplace for farm services and products, has raised $30 million in its Series C round led by Prosus Ventures. RTP Global and existing investors Sequoia Capital India, FMO, Omnivore and AgFunder also participated in the round. Till now, the startup raised a total of $46 million in equity and…
Ergos Business Solutions Pvt. Ltd has raised Rs 22.5 crore as part of Series-A funding from UK-based CDC Group Plc. With this, Ergos has closed the round at Rs 81 crore. Earlier in March 2020, Ergos raised Rs 35 crore from Aavishkaar Capital. Subsequently, it had raised Rs 23 crore from Chiratae Ventures. Founded in…
Qzense Labs, an agri-tech startup building the next-generation IoT solution for fresh food quality assessment and management, has raised Rs 4.5 crore in seed capital led by Venture Catalysts. Other participants in this round include 9Unicorns, the accelerator fund set up by Venture Catalysts, The Chennai Angels, Entrepreneur First, and Lumis Partners. Founded in 2019…
Farmkart, a Madhya Pradesh-based agritech startup which offers a wide range of agricultural products and services to farmers through its e-commerce platform, is planning to raise Rs 90 crore in Series A funding from venture capitalists for expansion across the country, according to PTI report. “At present we are functioning at 1,240 locations in Madhya…
Eggoz, a Bihar-based agritech startup that produces fresh and chemical-free eggs, announced it has raised $1.5 million in a pre-Series A funding round from Avaana Capital and Rebright Partners. The startup will use the current financing to expand into newer markets, launch new products and strengthen its tech platform. Founded in 2017 by Abhishek Negi,…
Freshokartz Agri Products Pvt. Limited, a Jaipur-based agri-tech startup that provides soil data based crop and fertilisers to farmers, announced it has received $1.4 million in pre-series A funding from Rajasthan Venture Capital Fund (RVCF) and AWE (Achieving Women Equity) Funds. The company will utilise the funds raised for expansion within Rajasthan and other nearby…
Origo, a complete post-harvest management services for agricultural commodities has said that it has raised Rs 35 crore debt from Northern Arc Capital and other investors, according to PTI report. Origo group firms Origo Commodities and Origo Finance, will use the fund for securitizing the agricultural markets and streamlining the supply chain mechanism for agri…
India’s e-commerce giant Flipkart and its US-based parent Walmart have invested $30 million in Ninjacart, a fresh produce supply chain startup, according to the ETtech report. Flipkart and Walmart said in a joint statement that the investment would deepen their partnership with Ninjacart and would improve its offerings and enhance customer experience. “The e-grocery market…
Ergos Business Solutions, a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, & market-linkages) thereby enabling the farmer to convert his produce to a financial asset, has announced that it has raised Rs 38.5 crore in Series A funding. The funding round was led by Chiratae Ventures and…