The funds will be utilised in research activities and to strengthen GROWiT App
Surat-based protective farming agritech platform GROWiT has raised Rs 3 crores in seed funding through a close network of investors. The round was led by Mehul Shah from IVY Growth. Coppermint, Gaurav Singhvi (Co-founder, WFC), Rajeev Goel (Sagar Life Sciences), Sunay Shah (Mahati Electrics), Rohan Desai (CEO, Triumph Capital), and Mukul Goyal (Tapi Capital) are some of the investors that joined in the round.
The platform plans to make use of these funds by investing in its research and marketing processes that will ultimately enable GROWiT in expanding its customer base and produce standard quality cost-effective protective farming materials and products. The fund will also be utilised for strengthening the GROWiT App, which is designed to assist farmers with a better understanding of protective farming practices and products.
