VeGrow raises $2.5 million led by Matrix Partners and Ankur Capital

Date posted: Wednesday 22 July 2020

VeGrow has raised $2.5 million in seed funding led by Matrix Partners and Ankur Capital, as the aggregator of small farms looks to bring economies of scale to Indian farmers using technology. Better Capital, Titan Capital, Sanjiv Rangrass, CEO of ITC’s agri business, Cloudnine founder Rohit MA, Livspace founder Ramakant Sharma, and Park+ founder Amit Lakhotia, also participated in the funding round. VeGrow is investing in technologies that will improve farming and in making the farming supply chains more efficient, to help farmers realise the maximum value from every harvest.

(ET Tech)