The platform will use the funds to continue expanding its user base
India’s farmer-centric networking platform, Krishify, has raised $2.7 million in a pre-series A funding round led by Omidyar Network India, Ankur Capital, and existing investor Orios Ventures. Co-founders of Country Delight, Nitin Kaushal and Chakradhar Gade, also participated as angel investors. The platform will use the funds to continue expanding its user base, currently at 3.5 million users and growing 30 per cent month-on-month, as well as create robust monetisation channels.
With the current raise, Krishify is looking to become India’s largest farmer-centric platform for the agri ecosystem, enabling both information exchange and transactions at scale.
Rajesh Ranjan, Founder & CEO, Krishify said, “We are targeting to onboard at least 100 million users and unlock a GMV potential of over $10 billion in the next three to four years. In the next 12 to 18 months, we are eyeing over 10 million weekly active users.”
