In a significant move towards transforming agriculture and enhancing the fresh produce supply chain, Kisankonnect, a pioneering agritech startup, has successfully raised Rs 31 crore (approximately $3.75 million) in a pre-series A funding round. The funding was led by Green Frontier Capital (GFC), a climate tech-focused fund, and witnessed active participation from Dhanuka Agritech Limited, VC Grid, and other family offices.
Established in 2020, Kisankonnect has been making waves in the agricultural sector by adopting a fully integrated approach to fresh produce. The company directly sources from farmers and employs innovative technology to ensure the seamless delivery of farm-fresh vegetables and fruits to over 1 lakh customers in Mumbai and Pune through its dedicated Direct-to-Consumer (D2C) app and farm stores.
The latest funding injection is earmarked for further expansion of Kisankonnect’s initiatives in climate-smart agriculture interventions. The company aims to leverage the funds to strengthen its technology-driven fresh produce supply chain and plans to establish new farm stores in Mumbai and Pune to complement its existing ones.
What sets Kisankonnect apart is its close collaboration with a network of 5,000 farmers, working hand-in-hand to promote sustainable farming practices. The startup facilitates the sourcing of produce and empowers farmers through its in-house technology, enabling them to embrace climate-smart agricultural methods.
Kisankonnect’s commitment to sustainable agriculture goes beyond the conventional supply chain. The company has diversified its offerings by introducing ‘Village Staples’ and ‘Mom’s Kitchen’ categories, producing and selling curated agri-produce and hand-made snacks. Remarkably, these products are exclusively crafted by rural women in a hygienic central kitchen, contributing to the empowerment of local communities.
This funding round follows Kisankonnect’s successful angel round in May 2023, where it secured undisclosed funding from renowned celebrity Shilpa Shetty. The startup’s growth trajectory and innovative approach have garnered attention from key players in the industry, reaffirming the belief in its potential to revolutionize the agritech landscape.
As Kisankonnect continues to bridge the gap between farmers and consumers, the recent funding infusion positions the startup on a trajectory for sustainable growth, furthering its mission to create a resilient and eco-friendly agricultural ecosystem. The success of this funding round underscores the industry’s recognition of the vital role Kisankonnect plays in reshaping the future of agriculture.
