VC Fund Investments
Farm equipment seller Balwaan Krishi raises Rs.40-Cr from JM Financial PE
Jaipur-based agritech startup Balwaan Krishi has attracted INR 40 crore (around USD 4.8 million) as a part of its Series A funding from JM Financial Private Equity.The company will deploy the fresh proceeds to build new products and also set up its distribution network across the country. The firm also looks to expand its footprint in southern India.Founded by Rohit Bajaj and Shubham Bajaj in 2016, Balwaan Krishi provides affordable and effective machinery to manage small and marginal farms.
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