GROWiT, a Surat-based protecting farming agritech platform, has raised INR 3 crores in seed funding via a detailed community of buyers. The spherical was led by Mehul Shah from IVY Growth.

Other buyers who joined the spherical are Coppermint LLP, Gaurav Singhvi (Co-founder, WFC), Rajeev Goel (Sagar Life Sciences), Sunay Shah (Mahati Electrics), Rohan Desai (CEO, Triumph Capital), and Mukul Goyal (Tapi Capital LLP)

The platform plans to utilize  these funds by investing in its analysis and advertising processes that can in the end allow GROWiT in increasing its buyer base and producing customary high quality cost-effective protecting farming supplies and merchandise. The fund may even be utilised for strengthening the “GROWiT App”, which is designed to help farmers for higher understanding of protecting farming practices and merchandise.

Talking concerning the seed spherical, Saurabh Agarwal, Founder, GROWiT India Pvt. Ltd. acknowledged, “At GROWiT, we are building a guided protective farming ecosystem with a clear goal to double the farm output of the country by 2030. We are helping and educating the farmers of rural areas regarding the benefits of protective farming products. These funds will effectively go in building this vision and is in line with our agri expansion strategy.”

Adding to this, Sunay Shah from Mahati Electrics stated “Agritech certainly is a fascinating word today but what GrowiT is doing is more tangible in terms of having a product as well as a platform backed by technology. This looks to be a more promising venture. Agriculture as an industry is poisoned with chemicals but here is a platform which is working on crop protection in non toxin ways hence more green as I see it . 4 parameters of my Investments are met – scalable , sustainable, profitable, vegan. The management has a zeal to do their bit for the society and educating farmers is what they’ve chosen through GrowiT.”

Further speaking concerning the fundraise, Mukul Goyal from Tapi Capital LLP stated, “There are always two types of companies – one who creates the market and the others who follows it. GrowiT is the first one to educate the concept of protective farming. Our reason for investing was very clear that we believe in their ideas of sustainability, farmer’s economic growth, and entering into an untapped market space for years.”

With regard to this seed funding, Rohan Desai CEO, Triumph Capital stated, “The main reasons for choosing GrowiT as an investment avenue are that their products are really innovative considering the fact that it helps farmers to a great extent. The potential for organic food is vast in India, therefore protective farming is the need of the hour. Lastly, the management of the company is very dynamic, innovative, and hardworking considering the fact they have developed the product according to the needs of farmers.”

GROWiT was based in 2019 with a imaginative and prescient to extend the crop yield via protecting farming merchandise. It is India’s first D2C protecting farming agritech firm. The main focus space of the corporate is to supply vital options like high quality meals, local weather sensible agriculture, farmer empowerment, and elevating farmer’s productiveness. The firm has additionally established Grow Kshetras (Demo Farms) at each Taluka for farmers to coach them about protecting farming and different worthwhile farming practices. Currently, the platform is serving 15000+ farmers via round 117 franchise shops. GrowiT is additional aiming to develop its franchise community to nearly 300 franchise shops by the top of this fiscal yr and serve round 2.5 lakh farmers.

GROWiT India Pvt. Ltd. based by Saurabh Agarwal is a state-of-the-art producer and distributor of superior protecting farming inputs. It is India’s first Direct-to-Farmer (D2F) protecting farming agritech firm. The agency is specialised in creating high-quality and cost-effective protecting farming supplies and manufacturing merchandise. It ensures optimum high quality and excessive yield for the Indian Agricultural & Farming Industry whereas reducing its carbon footprints.


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