Equity Fundraise for Agritech Startup : IoT Based Quality Assurance

By Sapna
Posted On: 21 / Sep / 2022
0 643

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Agriculture
Charge

Deal Status

Active

Deal Description

1. Industry Sector : Agritech Supply chain based out of Gujarat

2. Breif Description : Indian-based agritech company has developed an IoT based products for quality assurance of fruits and vegetables at different nodes of suppy chain that benefits every stakeholder in the food safety and supply chain, with 3 years of operations.

3. ASK : $1.5M for Pre - Series A

4. Utilization of Funds: -
-Scaling Sales : 10%
- Advancing Product Dev and R&D : 26%
- Building Team Strength 44%

-Opex 20%

5. Current Monthly Revenue : Rs. 30 Lakh revenue generated in last 8 months 

6. Market Size in India : Rs 300Bn +

Attached Files

icon Fruit Quality Tech Deck pdf

Deal Value
12 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
30 Lakhs