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The seed round funding was led by Accel India with participation from Rockstart’s AgriFood fund and Navus Ventures.
The company intends to use the funding to build 40,000 active mobile pickup stations MPS(s) highest by any agri startup in India.
Faarms is connecting small-scale manufacturers (SMEs) of seed, feed, machinery tools to sell their products through their platform to farmers outside their state and grow their business.
Agritech startup CropIn has raised $20 million in a Series C round led by private equity fund ABC World Asia to expand its business.