VC Fund Investments
Agri-focused fintech co Ayekart raises $6.5 M from Omnivore, Siana, Unleash Capital
Ayekart , a Mumbai-headquartered fintech startup focused on the agricultural food segment, has raised USD 6.5 million in a Series A funding round led by Omnivore, Siana Capital, and Unleash Capital Partners. The company will use the fresh capital to enhance its technological capabilities, and expand operations to reach a larger number of farmer-producer organisations, food manufacturers, distributors, and retailers.Founded in 2020, Ayekart provides fintech and supply chain solutions across the agricultural food value chain. It has so far raised USD 6.29 million across five rounds. It claims to have a presence in 18 states and with over 9,000 active merchants on its platform facilitating 2.5 lakh transactions. The firm also claims to be profitable since its inception.Ayekart has a team of over 150 people across six locations in India. Its founders include Debarshi Dutta, Ashutosh Singh, Milind Borgikar, Kunjal Thackar, and Anand Mugad.
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