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MEHTAB HANS
FarMart raises Rs 24 crore in debt from ResponsAbility Investments
B2B food supply platform FarMart raises Rs 24 crore from Switzerland-based asset manager ResponsAbility Investments for its SaaS software. Previous investors include General Catalyst and Matrix Partners India. The funding aims to reduce food loss and waste in India.
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 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.
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