Besides Arkam Ventures, the funding round also saw participation from Capria Ventures and existing investors like India quotient, 021 capital, and omnivore
Agritech startup BharatAgri, an advisory-driven e-commerce platform catering to farmers, announced on Thursday that it has secured INR 35 crore (approximately USD 4.3 million) in funding from investors, including Arkam Ventures.
This Series A funding round raised INR 35 crore for the company. In addition to Arkam Ventures, the funding round also witnessed participation from Capria Ventures and existing investors, including India Quotient, 021 Capital, and Omnivore, as stated in a release by BharatAgri.
This marks Arkam Ventures' third investment in the agricultural technology sector. According to the statement, the funds will be utilized to expand BharatAgri's e-commerce platform into new regions and enhance its last-mile delivery services.
Founded by IIT Madras alumni Siddharth Dialani and Sai Gole, BharatAgri has developed prediction algorithms that offer customized agricultural advice based on factors such as crop type, region, and climate variations. Farmers can access this tailored advice to boost crop yields, reduce input costs, and minimize labor efforts.
The company's e-commerce platform features a range of over 10,000 agricultural products, including fertilizers, seeds, pesticides, insecticides, and farming equipment, which are available for delivery across India, the statement added.