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Agritech Startup Krishify Gets $2.7 Million From Omidyar, Others

Aug 03, 2021•about 4 years ago

Amount Raised

$2.7 Million

Round Type

seed

Delhi

Description

New Delhi: Krishify, an agriculture technology startup, has raised $2.7 million in a pre-Series A funding round led by Omidyar Network India, Ankur Capital and Orios Ventures. Nitin Kaushal and Chakradhar Gade, cofounders of milk-delivery platform Country Delight, also participated as angel investors.

Company Information

Company

Krishify

Location

Delhi, Delhi, India

About

The Gurugram-based company will use the fresh capital to expand its user base—currently at 3.5 million—and clock a monthly growth rate of 30% by creating robust monetisation channels, according to a statement released on Tuesday. Agri-stakeholders like retailers, cattle traders, breeders, and mandi traders use Krishify to discover and interact with a wide community of farmers, the statement said. Founded in 2019 by IIT graduates Rajesh Ranjan, Manish Agarwal and Avinash Kumar, Krishify is networking platform for farmers and other agri-professionals—matching potential buyers and sellers.