PedalStart, the dynamic startup accelerator, has taken the lead in a pre-seed funding round for Bull Agritech, an innovative player in the agritech industry. The $100,000 investment will propel Bull Agritech’s operations, expand its team, and further strengthen its position in the agri-supply chain market.
Bull Agritech, co-founded by Hit Desai and Divyajeet Chauhan in 2021, has rapidly gained recognition for connecting farmers directly to agri-commodity processors, providing comprehensive supply chain solutions. This pre-seed investment, led by PedalStart, is a testament to the potential and promise of this agritech startup.
The funds raised in this round will be instrumental in accelerating Bull Agritech’s growth, enabling them to expand their operations and build a stronger team to address the unique challenges faced by farmers in the agri-supply chain. By facilitating trades worth Rs 25 crore and onboarding 15,000 farmers digitally in just 18 months, Bull Agritech has already demonstrated the positive impact of its solutions.
PedalStart, with its extensive network of ex-entrepreneurs, successful startup founders, domain experts, and angel investors, plays a vital role in fostering entrepreneurial talent and helping startups realise their potential. With a track record of nurturing over 10,000 startups, involving more than 300 mentors, 800 founders working on transformative ideas, and over 1,200 intense house discussions, PedalStart has been at the forefront of converting innovative ideas into high-potential businesses since 2021.
This strategic partnership between Bull Agritech and PedalStart signifies a significant step in the evolution of the agritech industry. As Bull Agritech continues to drive innovation and efficiency in agri-supply chains, the support from PedalStart’s pre-seed investment and extensive network will undoubtedly prove instrumental in achieving its ambitious goals and positively impacting the lives of farmers across India.
