Fundz

Pepper Farms Raises $1 Million In Seed Funding To Grow Business

PRIVATEJan 11, 2022

Amount Raised

$1 Million

Round Type

Seed

DelhiFood And Beverage

Description

New Delhi: Agritech startup Pepper Farms has raised $1 million (around Rs 7.39 crore) from investors to grow its business. The startup helps farmers organise vegetable production lifecycle starting with plantations until harvest and sales.

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Company Information

Company

Pepper Farms

Location

Delhi, Delhi, India

About

The startup helps farmers organise vegetable production lifecycle starting with plantations until harvest and sales. "The company aims to use the capital to strengthen its operations via advanced technology and agronomy stack," it said. The startup is directly working with farm owners, farmers, and others involved in the value chain of vegetable production. The company has been able to expand its business in the country's top agricultural geographies, including Punjab, Haryana, Uttarakhand, Himachal Pradesh managing dozens of farms. The company aims to disrupt the farming industry with its agronomy, operations, and marketing strategies, he added. The startup is selling the produce daily across mandies, eRetail, modern retail, and restaurants through its robust supply chain, the statement said. In a statement, Pepper Farms said it has secured $1 million in a seed funding round led by AxilorVentures and Himanshu Aggarwal, Co-founder of Aspiring Minds. Gurugram-based Pepper Farms was founded by Saurabh Singla, an alumni of IIT Guwahati and Shalini Aggarwal, Chartered Accountant, an alumni of SRCC.

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Pepper Farms raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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