VC Fund Investments
Agritech co Kisankonnect raises Rs.31-Cr from Green Frontier Capital, Dhanuka Agri
Pune-based agritech startup Kisankonnect has raised INR 31 crore (about USD 3.7 million) in a pre-Series A funding round from climate-focused fund Green Frontier Capital and crop protection company Dhanuka Agritech Ltd. VC Grid, a “community-led” investment platform, also participated in the round along with a few family offices.The company will use the funding to invest in climate-smart agriculture interventions with its 5,000 farmers, strengthen its fresh-produce supply chain technology, and add new farm stores in Mumbai and Pune.Founded in 2020 by Vivek and Nidhi Nirmal, Kisankonnect claims to source agricultural produce directly from its network of 5,000 farmers and deliver fresh vegetables and fruits through its in-house delivery channels. It raised capital from actor Shilpa Shetty in May last year.
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