VC Fund Investments
Eeki Foods raises $6.5-M from General Catalyst, others
Kota, Rajasthan-based agritech startup Eeki Foods has raised USD 6.5 million (about INR 49 crore) in its Series A funding led by US-based VC firm General Catalyst. Avaana Capital; Better Capital; Irving Fain, CEO and Founder of Bowery Farming; Subbu Palaniappan, Director & Head of Amazon Prime India; Srinivas Narayanan, former VP Engg at Facebook; Akhil Gupta, and Amit Kumar Agarwal, Co-founders of NoBroker.com participated in the round. The fresh funds will be used to scale Eeki to hundreds of acres. Eeki Foods aims to make farming sustainable and climate-proof using their patent-pending growing chambers that grow tasty, nutritious and residue-free vegetables. With farms in Rangpur, Bhilwara, Talera , Nanta and Panipat, Eeki foods aims to minimise price fluctuations in market related to staples like cucumber, chillies, and tomatoes.
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