BharatAgri raises Rs 35 crore from investors
The funds raised will be used to expand BharatAgri's e-commerce platform into new regions and enhance its last-mile delivery capabilities, the company said.
- Republic Business
- 1 min read
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Agritech startup BharatAgri has successfully secured Rs 35 crore ($4.3 million) in a Series A funding round, with Arkam Ventures being one of the key investors. In addition to Arkam Ventures, Capria Ventures and existing investors, including India Quotient, 021 Capital, and Omnivore, also participated in this funding round, according to a statement from BharatAgri.
This marks Arkam Ventures' third investment in the agri-tech sector. The funds raised will be used to expand BharatAgri's e-commerce platform into new regions and enhance its last-mile delivery capabilities, the company stated.
About the company
BharatAgri, co-founded by Siddharth Dialani and Sai Gole, alumni of IIT Madras, has developed predictive algorithms that offer tailored advisory services based on factors such as crops, geographic location, and weather conditions. Farmers can access this personalised advice, which is designed to enhance crop yields, reduce input costs, and minimise labour requirements.
Furthermore, BharatAgri's e-commerce platform offers a wide range of agricultural products, including fertilisers, seeds, pesticides, insecticides, farming equipment, and more, all of which are available for delivery throughout India, the statement noted.