Gourmet Garden, the Agricultural technology startup based in Bengaluru has raised a fresh funding from Incubate Fund India and Whiteboard Capital, according to ETtech report. The startup was founded by Arjun Balaji, a former partner at McKinsey, and Vishal Narayanaswamy. The company plans to use the funds to expand to Chennai, Mumbai and Delhi, scale…
Tag: Agritech startup funding
Noida-based startup Unnati raises $1.7 mn in pre-Series A funding round
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•Agritech startup Unnati said it has raised $1.7 million in pre-Series A round from NABVENTURES — NABARD’s agriculture-focused venture fund, according to YourStory report. Angel investor Sumeet Seraf also participated in the funding round. Founded in 2017 by Amit Sinha and Ashok Prasad, Unnati is on a mission to create 5 million farm entrepreneurs by…
Gurugram-based agritech startup AgroWave raises $500K in funding
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•AgroWave, a startup that is building farm2business mobility supply chain, announced it has raised close to $500,000 in funding from Sekhar Puli, a US-based investor. Founded in 2017 by IIT Delhi alumni Anu Meena, AgroWave is working to build a sustainable supply chain for fruits and vegetables. AgroWave’s process consists of establishing technology-driven mobile pickup…
Kochi-based Brainwired raises pre-Seed funding led by Mumbai Angels
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•Brainwired, an AgriTech company focused on providing unique livestock health monitoring and tracking solution, announced that it has raised an undisclosed amount in its first round of funding, led by Mumbai Angels; Kritik Abiram, COO, Anjanasoft; Parthiv Rokadia, MD of Startradex; and Gaurav Saraogi, MD of Chemco Group. The startup has developed a livestock health…
Agri-tech startup WayCool Foods raises $5.5 mn debt funding from IndusInd Bank
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•WayCool Foods, a Chennai-based agri-tech startup that processes, distributes, and procures fresh produce, dairy products, and staples, announced that it has raised $5.5 million debt funding from IndusInd Bank. Recently, the company raised $32 million in Series C funding led by Lightbox. The Agri-tech startup plans to use the funds to introduce advanced technology, implement…
Crofarm raises $1 mn led by Smile Group, launches community-based platform Otipy
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•Crofarm, a Gurugram-based Agritech startup working on making a supply chain that supports farmers and provides businesses with freshest produce in the most efficient manner, announced that it has raised $1 million in a funding round led by Smile Group, according to YourStory report. Also, the company announced entering into business-to-business-to-consumer (b2b2c) space with the…
Bihar-based Eggoz raises Rs2.5 cr in seed funding
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•Eggoz, a Bihar-based egg producer and agritech startup, announced it has raised Rs 2.5 crore as part of its seed funding to fuel its growth and expansion plans. Earlier, the startup had raised Rs 1.2 crore from a clutch of angel investors. Investors that took part in the seed funding round include Tracxn Labs, Angellist,…
Agritech startup Clover raises about Rs7 cr debt funding from Alteria Capital
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•Clover Ventures Pvt. Ltd, which operates as an agricultural-technology firm focussed on providing greenhouse-grown fresh produce, announced it has raised Rs 7 crore in debt funding from Alteria Capital. Existing investors that took part in the debt funding round include venture capital firm Omnivore, Accel and Mayfield India. “The recently closed Series A round alongside…
Agritech startup Bijak raises $11.8mn in Series A funding round
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•Gurugram-based agritech startup Bijak recently announced that it has raised $12mn in series A funding round. The funding round saw participation from over half a dozen investors including existing investors Sequoia-owned Surge Ventures and Omidyar Network. Earlier in October, the startup had raised $2.5mn in seed funding. Bijak was also among the 20 startups picked…
Agritech startup DeHaat raises ₹83Cr from Sequoia India
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•Gurugram and Patna-based agritech startup DeHaat recently announced that it has raised $12mn (₹83Cr) from investors. The recent funding round was led by Sequoia India and saw participation from FMO, the Dutch entrepreneurial development bank along with existing investors Omnivore and AgFunder. According to the company website, DeHaat is a technology-based platform offering full-stack agricultural…
Latin Leap pumps funding in agri-tech startup DiMuto
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•DiMuto, a Singapore-based agri-food trade tech solutions company, announced it has received an undisclosed sum in investment from Singapore-based VC studio, Latin Leap, to broaden its footprint in Latin America. DiMuto offers an IoT- and AI-powered platform to provide end-to-end supply chain visibility to global agri-food businesses. Using blockchain, it digitalises the agri-food supply chain…