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B2B Food Supply Startup Farmart Raises $32 Million In Fresh Funding Led By General Catalyst

B2B Food Supply Startup Farmart Raises $32 Million In Fresh Funding Led By General Catalyst

03/30/22, 10:49 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgmumbai
Money raised
$32 million
Industry
agriculture and farming
data and analytics
software
Mumbai: FarMart, a business-to-business food supply platform, has raised $32 million (Rs 244 crore) in its latest round funding round led by US venture fund, General Catalyst, with participation from existing backers Matrix Partners India and Omidyar Network India. The fresh capital will help the company grow its digital distribution network across India and to export markets, FarMart said. It also plans to make investments into R&D, automation and technology, a senior company official told ET.

Company Info

Company
Far Mart
Location
mumbai, maharashtra, india
Additional Info
The Gurugram-based startup provides a micro-SaaS platform that enables retailers to digitise their workflows, increase sales to farmers and conduct their existing business in a more efficient manner.