VC Fund Investments
Agri-tech startup Aqgromalin raises Rs.5.5 Cr from Zephyr Peacock, Indigram Labs, others
Chennai-based agri-tech startup Aqgromalin has raised INR 5.5 crore in seed funding led by Zephyr Peacock India Growth Fund. Indigram Labs Foundation and other noted angels from the agri startup ecosystem also participated in the round. The company plans to use the funds for team expansion, technology development, category addition and geographical expansion. Aqgromalin is a platform that enables farmers to diversify into animal husbandry and aquaculture. The company has reached over 40,000 livestock farmers across Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Assam, West Bengal, Orissa and Kerala. It plans to reach over 1,00,000 farmers by the end of 2021.
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