Agri-Tech Startup Earth Food Raises Rs. 64 Cr Seed Funding
An Agriculture based startup headquartered in Pune, Earth Food has successfully raised Rs. 6.4 crore in a seed funding round from city-based Rairah Corporation.
First reported by VC circle, the agri-startup deals in growing grows residue-free fruits and vegetables and sells them both online and offline will use the funding to expand its market outreach.
Earth Food founder, Nilesh Palresha said,
We plan to use this funding to strengthen our position in the market and invest in building differentiated offerings for our customers.
Residue-free farming involves the use of organically derived biocides and biofertilizers that aim to protect the crops and augment their growth.
According to the cited sources, the company is also planning to utilize the fresh capital for its lo...