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Agritech Startup RuKart Rasies Fund From Mumbai Angels

RuKart was launched by VikashJha with his IIT Bombay collegemates - Sharayu Kulkarni and GunvantNehete, who bootstrapped RuKart Technologies (rukart.org) in May 2019

Mumbai-based agritech startup RuKart raises undisclosed amount form Mumbai Angels. The startup, in a statement, said that it will utilise the funds to build its marketing and sales teams, scaleup operations, and expand its manufacturing unit.

Nandini Mansinghka, CEO of Mumbai Angels, said, “Agriculture is not just integral to our economy but also for every individual, making it an industry that must be the priority at all times. RuKart is on a mission to minimize post-harvest loss and unsustainable practices in the flower, fruit, and vegetable segment. Not only has RuKart been incredibly capital efficient, but it also prioritizes innovation, sustainability, and technology. We are confident that our funding will allow the company to grow further and achieve its goals.”

“We at RuKart are looking to develop an economical and profitable, and environmentally sustainable farm ecosystem for small plot holders growing Fruit/Vegetable/Flower in less than 0.5 acres of land through an affordable and decentralized green innovation – the Subjee Cooler. RuKart’s mission is to bring down the post-harvest loss in the Fruit, Vegetable, and Flower segment from the current level of 30 per cent to less than 5 per cent in the developing world by 2030,” said the founders, Gunavant Nehete, Sharayu Kulkarni and Vikash Jha.

RuKart was launched by VikashJha with his IIT Bombay collegemates - Sharayu Kulkarni and GunvantNehete, who bootstrapped RuKart Technologies (rukart.org) in May 2019.


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investment startup agritech

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