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Kisankonnect, a completely built-in contemporary produce agro start-up, has raised Rs 31 crore ($3.74 million) in its pre-series A spherical of funding, the corporate mentioned in a press observe on Monday (January 15, 2024).
The contemporary funding spherical was led by a marquee Local weather tech-focused fund, Inexperienced Frontier Capital (GFC). Different traders, like Dhanuka Agritech Restricted, VC Grid, and different household workplaces, additionally participated within the spherical.
In Could 2023, the agritech agency KisanKonnect raised its angel spherical of funding, by which Bollywood actor Shilpa Shetty additionally took half.
“The corporate’s dedication ensures that contemporary produce arrives in your plate at lightning pace. We’re deeply keen about an eco-friendly future, and Kisankonnect’s groundbreaking provide chain is a game-changer. Teaming up with them excites us, as collectively, we’re positive to make a tangible impression in lowering carbon emissions within the agricultural sector,” mentioned Sandiip Bhammer, managing associate and founding father of GFC.
Kisankonnect sources instantly from farmers and bodily delivers to over 1 lakh purchasers in Mumbai and Pune through its personal D2C App and Farm Shops. It collaborates carefully with the farmer neighborhood to develop meals responsibly whereas additionally utilising its in-house applied sciences to deliver contemporary greens and fruits to prospects through its distribution channel. It additionally makes and distributes handpicked agri-produce and hand-made preservative-free snacks beneath the ‘Village Staples’ and ‘Mother’s Kitchen’ labels. These are made solely by rural ladies in a sanitary central kitchen.
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