Agritech startup Fyllo raises $4-M led by India Quotient and SIDBI Ventures
Bengaluru- based agri firm Fyllo has raised USD 4 million in a fresh funding round led by IndiaQuotient and SIDBI Ventures. Existing investors Triveni Trusts, IAN, and KIAORA participated in the round.Over 8,000 farmers are availing of Fyllo’s AI-based prediction models that suggest efficient agricultural practices, on more than 50,000 acres and have consistently received 25% more yield, 80% export-quality produce, and 30% more income.Fyllo will use the new funds to expand into new geographies and crops and develop more precision agriculture products.
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