BharatAgri, an advisory-led ecommerce platform for farmers, has raised $4.3 million (Rs 35 crore) in its Series A funding round led by Arkam Ventures. The round also saw participation from Capria Ventures and existing investors India Quotient, 021 Capital, and Omnivore.
The funds will be used to scale BharatAgri’s ecommerce platform into new geographies and strengthen its last-mile delivery. The company plans to expand its reach to over 10 million farmers in the next two years and make it easier for them to access high-quality agricultural inputs at affordable prices.
BharatAgri was founded in 2019 by Vishakha Singh and Richa Singh. The company’s platform provides farmers with access to a wide range of agricultural inputs, including seeds, fertilizers, pesticides, and farm equipment. BharatAgri also offers farmers personalized advisory services to help them improve their yields and reduce their costs.
The company’s last-mile delivery network is one of its key differentiators. BharatAgri has a team of over 5,000 delivery partners who deliver products to farmers in remote villages across India. This ensures that farmers have access to the inputs they need, even if they live in remote areas.
The investment in BharatAgri comes at a time when the Indian agricultural sector is undergoing a rapid transformation. The government is investing heavily in digital agriculture initiatives, and farmers are increasingly adopting digital technologies to improve their productivity. BharatAgri is well-positioned to capitalize on this trend and help Indian farmers achieve their full potential.
How BharatAgri is improving the lives of farmers
BharatAgri is making a real difference in the lives of Indian farmers. The company’s platform provides farmers with access to high-quality agricultural inputs at affordable prices. BharatAgri’s personalized advisory services also help farmers improve their yields and reduce their costs.
The company’s last-mile delivery network is a game-changer for farmers in remote villages. BharatAgri’s delivery partners ensure that farmers have access to the inputs they need, regardless of where they live.
Here are some specific examples of how BharatAgri is improving the lives of farmers:
- A farmer in Bihar was able to increase his wheat yield by 20% after using BharatAgri’s personalized advisory services.
- A farmer in Madhya Pradesh was able to reduce his input costs by 10% after switching to BharatAgri’s high-quality agricultural inputs.
- A farmer in Rajasthan was able to sell his produce at a higher price after using BharatAgri’s e-commerce platform.
BharatAgri is a role model for other agritech startups in India. The company is using technology to improve the lives of farmers and make the Indian agricultural sector more efficient and productive.
Conclusion
BharatAgri’s $4.3 million Series A funding round is a testament to the company’s strong potential. The company is well-positioned to capitalize on the growing demand for digital agriculture solutions in India. BharatAgri’s focus on last-mile delivery is particularly noteworthy, as it will help farmers in remote villages access the inputs they need to improve their productivity and livelihoods.