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BharatAgri raises pre-series A round from Binny Bansal backed 021 Capital, India Quotient

MUMBAI: Pune-based agri-advisory platform, , has raised Pre-Series A from backed . This round also saw participation from existing investors Better Capital and Ajay Prabhu (COO, Quest Global). The company plans to use the fresh funds on product enhancement and growth, besides expanding its footprint across India.

alumni, Siddharth Dialani and Sai Gole and later joined by Aman Verma and Tanmay Krishna in 2019. BharatAgri’s technology solution provides personalized agriculture and farming advisory to farmers. Using BharatAgri’s Krishi Doctor, farmers have witnessed over 40% increase in yield and significant reduction in management costs.

In a statement, Dialani said, “During the pandemic BharatAgri sold more than 13,000 subscriptions. With the fresh infusion of funds, BharatAgri aims to reach five million farmers.”

“Through personalised solutions offered by BharatAgri, farmers are able to improve their farm yield and quality of produce. The farm-to-market platform also helps farmers realise better value for their produce and makes financial services easily accessible to them. In a span of one year, BharatAgri’s personalized agri-platform has witnessed 10X growth,” said Sailesh Tulshan, Founder, 021 Capital in a statement.

“Agriculture is transforming using technology. The increasing penetration of smartphones coupled with reliable internet are empowering farmers in ways unimaginable five years back. Riding the wave of this tech adoption, BharatAgri is building a platform of trust for farmers and agri business partners both on the agri input and procurement side,” said, Madhukar Sinha, Partner India Quotient, in a statement.

With over 350,000 users, BharatAgri offers paid subscriptions to farmers for personalized consultancy and an exclusive access to their premium platform.

’ were arranged during the nationwide lockdown to provide assistance to farmers and sell their perishable and non-perishable produce.