Agritech Startup BharatAgri Raises $6.5 Mn, Eyes 150K Subscriber Base

Agritech Startup BharatAgri Raises $6.5 Mn, Eyes 150K Subscriber Base

SUMMARY

BharatAgri has raised $6.5 Mn in its Series A round led by Omnivore and existing investors, India Quotient and 021 Capital

The startup claims to have witnessed a 20x growth in its paid subscription sales and 65% growth in renewal rate

The startup will expand its platform to provide other agricultural services, starting with direct-to-farmer agri input supply

Amid the ongoing digital transformation in the country, technology has entered agriculture too, creating new opportunities for all the stakeholders. In 2013, where India had only 43 agritech startups, today, it has more than 1,000 startups catering to different segments in the agriculture sector, according to a recent Inc42 Plus report. One such startup, BharatAgri, has now raised $6.5 Mn in its Series A round led by Omnivore. In addition, existing investors India Quotient and 021 Capital also participated in the round. 

Launched in 2017 by Siddharth Dialani and Sai Gole, BharatAgri provides farmers with an app-based platform for AI-based agronomy services on a paid subscription, which increases farm incomes through a systematic implementation of scientific farming techniques.

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