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

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.