ALEKH SANGHERA
B2B food supply startup FarMart raises $32 million in fresh funding led by General Catalyst
Founded in 2015 by Sanghera and Mehtab Singh Hans, FarMart’s model is centred around agri-input retailers and solves some of the challenges faced by the retailer community.
FarMart gets $10-million funding from Matrix Partners India, others
FarMart, an agri-focused SaaS startup, will use the funding to expand its distribution network across the country, scale product capabilities and grow the team. The company had in June raised $2.4 million in a pre-Series A round.
FarMart bags $2.4 million in funding led by Omidyar Network India, Avaana Capital
The startup plans to use the funds raised for product development, user base expansion and scaling its market linkage capabilities
For agriculture financing, the future may be cashless loans
farMart started with an Uber-like model for tractors, but is now providing credit loan to underserved farmers and addressing some basic farming woes.
A look at startups solving India-specific problems
Many startups have moved beyond the idea of imitating successful business models and are working towards tackling uniquely Indian problems.
