Food supply platform FarMart has raised $10 million in a funding round led by Matrix Partners India. Innoven Capital as well as existing investors Omidyar Network India, Avaana Capital, and 500 Startups also participated in the funding round. Angel investors, such as Amit Lakhotia (founder, Park+), Jitendra Gupta (founder and CEO, Jupiter), KP Balaraj (ex-founder,…
Tag: Farmart
Agritech Startup FarMart Secures INR 17.7 Crore in Pre-Series A
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•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…
Catalyst Fund gets $15M from JP Morgan to back startups in Asia, Africa and Latin America
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•The Catalyst Fund has gained $15 million from JP Morgan and UK Aid as a means to support and back 30 fintech startups in Africa, Asia, and Latin America in the next three years. Catalyst Fund, a Boston based accelerator, provides mentorship and non-equity funding to early-stage tech ventures that are primarily focused on driving…