Raise an undisclosed amount from a clutch of angel investors to reshape the agri -products distribution network.
In a bid to organize the unorganized agricultural sector, by creating a smart technology-enabled process-driven ecosystem for farmers; SmartFarms Agritech Pvt. Ltd recently raised an undisclosed amount from a clutch of angel investors. Leading the investment was Mr Sunkara Subba Rao with Renous Consulting acting as an exclusive advisor during the whole transaction. The company also announced its plans of raising a Series A round funding by the end of this year to fuel their growth and expand vigorously.
Smart Farms is determined to make agriculture a profitable business by reducing the overall farming cost by 20%. By providing an integrated system, they will be able to provide an end-to-end logistics solution to the farmers as well as eliminate all middlemen. Along with that, the user-friendly mobile-based application will provide guidance and many benefits to the farmers throughout the farming journey. This way the company aims to encourage young farmers to join farming as a profession thereby revolutionizing the agriculture ecosystem.
SmartFarms is determined to make agriculture a profitable business alternative to regular businesses and their keen knowledge of the Agriculture industry has helped them develop solutions that answer the needs of today’s farmers.