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Thursday / November 7. 2024
HomeAgrotechStartup Samhitha raises $1.5 M in seed fund

Startup Samhitha raises $1.5 M in seed fund

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The company plans to leverage these funds to accelerate advisor onboarding and team expansion

India Samhitha Crop Care Clinics, an agri tech start-up offering precision farming advisory, has raised $1.5 million in a seed round led by TechStar Group and participated by Quadrant Resource and angel investors.

The company plans to leverage these funds to accelerate advisor onboarding and team expansion. The funds will further boost Samhitha’s plan to solve market linkage challenges for the farmers and amplify their profitability. While Samhitha is focused exclusively on citrus growers in Telangana and AP currently, the company plans to expand its advisory services across the nation. Triumvir Law was the legal counsel for the transaction who helped structure the same.

Founded in 2020, Jagan Chitiprolu, Kalyan Enjamoori, and Dr Shyamsundar Reddy, Samhitha has pioneered a Digital Tree Health Audit System (DTHAS), a unique method of recording, analysing, and interpreting the health of individual trees in a farm through data, telemetry devices, and Citron app. The DTHAS method helps generate virtual maps delivering a detailed picture of the health status of the orchard, both historically and in real-time.



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