Bengluru based start-up has set a target of reaching 10 million farmers in the next two years.
Bengluru based agritech start-up BigHaat has raised $2 million in its Series A round of funding led by Japanese investor Beyond Next Ventures. The round also saw participation from Rockstud Capital and existing investor Ankur Capital and few angel investors.
The start-up intends to strengthen its data and technology offerings, scale up its marketing team and also strengthen its supply chains to support the next round of growth. It has set a target of reaching 10 million farmers in the next two years.
Sateesh Nukala CEO and co-founder said,“The traditional agri-inputs supply-chain is a broken experience, causing financial distress for the farmer. Technology can address this serious problem and transform a farmer’s pre-harvest journey into a profitable one”.
Founded in 2015 by Nukala and Sachin Nandwana, the start-up aims to digitise the agricultural input ecosystem by providing farmers with information through technology and data science.
The company also provides technology-led inputs to agro-manufacturers about demand-supply issues, market feedback and new business opportunities.
