VC Fund Investments
Unnati Agri raises Rs.28.5 Cr led by Family Office of IPL Biologicals promoters
Unnati, a Noida-based agriculture supply chain and financial services startup, has raised INR 28.5 crore led by the family office of the promoters of IPL Biologicals, a bio-product agri firm. Other existing investors, including Incofin, NAB Ventures and Orios VP, have also participated in the round. Unnati aims to use the fresh funds to focus on sustainable and climate-ready products. It has also entered into a strategic partnership with IPL Biologicals to focus on climate-ready products.
From the Venture Intelligence PE-VC Deal Database: Between Oct-20 and Sep-21, Unnati had raised about USD 10 M from Incofin, NAB Ventures, Orios VP. and others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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