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

PRIVATEMar 30, 2022

Amount Raised

$32 Million

Round Type

Funding Round

MumbaiSoftwareData And AnalyticsAgriculture And Farming

Investors

Omidyar Network

Description

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.

Quick answer

Far Mart raised $32 Million in a Funding Round round, dated March 30, 2022. Investors: Omidyar Network. Far Mart is based in Mumbai, Maharashtra, India.

How much did Far Mart raise?
Far Mart raised $32 Million in a Funding Round round on March 30, 2022.
Who invested in Far Mart?
Omidyar Network is named as investors in this round.
What does Far Mart do?
The Gurugram-based startup provides a micro-SaaS platform that enables retailers to digitise their workflows, increase sales to farmers and conduct their existing business in a more efficient manner.
Where is Far Mart based and how big is it?
Far Mart is based in Mumbai, Maharashtra, India.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Agriculture And Farming around the same time

Companies in the same sectors as Far Mart that raised within 45 days of this round, from Fundz verified event records.

  • Health Catalyst raised $6M on May 12, 2022.
  • Predibase raised an undisclosed amount (Funding Round) on May 12, 2022.
  • Wayflyer raised $300M (Debt Financing) on May 12, 2022.
  • PatientIQ raised $20M (Funding Round) on May 12, 2022.
  • Observe raised $70M (Funding Round) on May 11, 2022.
  • Nexite raised $67M (Funding Round) on May 11, 2022.

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Company Information

Company

Far Mart

Location

Mumbai, Maharashtra, India

About

The Gurugram-based startup provides a micro-SaaS platform that enables retailers to digitise their workflows, increase sales to farmers and conduct their existing business in a more efficient manner.

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