January 16, 2024Anmol Nagpal

Kisankonnect secures Rs 31 crore in pre-series A funding round

Kisankonnect, the innovative agro-startup backed by Bollywood actor Shilpa Shetty, has successfully raised Rs 31 crore in its pre-series A funding round.

Source: Facebook

The funding, led by Green Frontier Capital (GFC) and with significant participation from Dhanuka Agritech Limited, marks a pivotal moment for the fully integrated fresh produce agro-startup.

Source: Facebook

The funds raised in this round are strategically earmarked to expand climate-smart agriculture interventions with their 5,000 farmers and enhance fresh-produce supply chain technology.

Source: Facebook

Kisankonnect is also set to establish new farm stores alongside the existing ones in Mumbai and Pune.

Source: Facebook

Nidhi Nirmal, Co-founder and Business Head, highlighted the company's commitment to evolving customer service.

Source: Facebook Photo

The startup is known for its unique tech-enabled, temperature-controlled, and fully traceable supply chain, ensuring swift delivery of sorted and graded fresh produce to consumers in Mumbai and Pune.

Source: Facebook

This approach significantly reduces wastage and ensures fair prices for both farmers and consumers.

Source: Facebook

Bhammer emphasised the potential of Kisankonnect's groundbreaking supply chain to make a tangible impact in reducing carbon emissions in the agricultural sector.

Source: Facebook

Kisankonnect's success in securing funding underscores the growing interest and support for sustainable and technology-driven solutions in the agriculture sector.

Source: Facebook