Agritech startup Agrix gets capital infusion from Lead Angels Network
3 years ago

Agritech startup Agrix gets capital infusion from Lead Angels Network

Hindustan Times  

Agrix Agrotech on Monday said it has received growth capital from Lead Angels Network and will use the fund to support business growth and scale existing operations. The agricultural technology startup said in a release it will also use the capital to firm up technology platforms, farmer engagement and build brand awareness. With this investment we will be able to increase our coverage to more than 20,000 acres of fragmented farms providing farming services and market linkages and adding sophisticated technology with further scale up,” Agrix founder and CEO Nilay Pandey. Current market provides ample room for enhancing efficiencies across mechanisation of farms, supply chain, market linkages among others,” Sushanto Mitra, the founder and CEO of Lead Angels Network, said.

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AgroStar raises $70 mn in its Series D funding round
3 years ago

AgroStar raises $70 mn in its Series D funding round

Live Mint  

Bengaluru: Agritech startup AgroStar has raised $70 million as a part of its Series D funding round from Evolvence, global asset manager Schroders Capital, Hero Enterprise, and UK’s development finance institution CDC. We plan to utilize the funding to strengthen our tech platform, hire senior talent, expand into new categories, geographies and scale to over 5,000 AgroStar branded retail stores …

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