Angel Investments
Agri supply chain builder Superplum raises $15-M
Noida-based agritech startup Superplum has raised USD 15 million in its Series A financing round led by Erik Ragatz, former partner and current senior advisor of private equity firm Hellman & Friedman. Ragatz joins a group of Superplum’s current investors including Mark Siegel, Dan Rose, Steve Jurvetson, Rick Kimball, Binny Bansal, and Kabir Misra. The funds will enable Superplum to continue to build out its infrastructure and enable it to change produce supply chains in India.Started in 2019 by Shobhit Gupta, Superplum claims to have built a direct-from-farm produce supply chain, using proprietary technology and cold-chain infrastructure to improve the entire process from how a produce is grown till it is brought to market. The company claims to extend shelf lives and enhance fruit quality, reducing food waste and improving farmer incomes.
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