Amount Raised
₹100 Million
Round Type
Seed
BengaluruAgriculture and FarmingFarmingDescription
Nabard's venture investment arm on Tuesday announced a Rs 10 crore investment in Satyukt Analytics, a satellite agri-analytics startup. Satyukt deploys satellite technology and machine learning to provide software as a service-based advisory services to farmers, as per an official statement. The National Bank for Agriculture and Rural Development (Nabard)-backed Nabventures' investment, started in 2018, in the Bengaluru-based entity by a team of scientists will help the company develop new farmer-centric products and services, it said. These include the development of an app to empower farmers with data-driven insights, another one to help financiers and insurers to evaluate a farm's creditworthiness and credit risk, and also introduce new products for agri input companies and agri insurers, it said
Quick answer
Satyukt Analytics raised ₹100 Million in a Seed round, dated June 13, 2023. Satyukt Analytics is based in Bengaluru, Karnataka, India.
- How much did Satyukt Analytics raise?
- Satyukt Analytics raised ₹100 Million in a Seed round on June 13, 2023.
- What does Satyukt Analytics do?
- Satyukt is an innovative B2B Big data analytics company initiated by a pool of multidisciplinary technical professionals and advisors who have vast scientific experience gathered over decades in India and abroad with a..
- Where is Satyukt Analytics based and how big is it?
- Satyukt Analytics is based in Bengaluru, Karnataka, India.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Farming around the same time
Companies in the same sectors as Satyukt Analytics that raised within 45 days of this round, from Fundz verified event records.
- FarmWorks raised $4M (Pre-Series A) on July 27, 2023.
- The Green Coffee Company raised $25M (Series C) on June 8, 2023.
- Source.ag raised $2M on June 8, 2023.
- Athian raised an undisclosed amount (Corporate Round) on May 1, 2023.
- Oakridge Dairy raised $495K (Seed) on April 29, 2023.
- Phospholutions raised $15M on July 28, 2023.
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Satyukt Analytics 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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