A pioneering force in agricultural technology, ONO, led by Founder & CEO Rama Kancharapu, has recently secured a substantial seed funding of 11 crores. This infusion of capital, spearheaded by Aeravti Ventures and with participation from Indigram Labs, heralds a new chapter in the agri-tech startup’s journey.
ONO’s mission revolves around fostering transparency, trust, and equitable economic growth within India’s vast APMC/MANDI network. By addressing critical pain points such as operational inefficiencies, price intelligence, market discovery, supply and demand insights, and facilitating access to formal finance, ONO aims to fortify the agricultural supply chain.
Rama Rao Kancharapu, expressing his gratitude for the funding, emphasized the significant acceptance ONO’s products have garnered in Mandis. This affirms the startup’s confidence in scaling its platform to create tangible impacts. With long-term partners like Aeravti Ventures onboard, ONO envisions broadening its horizons and catalyzing growth.
Aeravti Ventures’ Managing Partner, Rishabh Singh, underscored the firm’s commitment to bolstering India’s agriculture ecosystem. Singh believes in technology’s transformative potential to address systemic challenges, positioning ONO as a disruptor in India’s Mandi Ecosystem.
ONO is a beacon of innovation in the agricultural landscape, offering a first-of-its-kind multisided agri-tech platform. This platform promotes transparency and enhances trust across the farm ecosystem, signalling a promising future for the sector.
ONO’s seed funding marks a significant milestone in a landscape ripe for disruption, paving the way for transformative changes in Indian agriculture. As the startup continues to innovate and collaborate, its journey promises to redefine the very fabric of agricultural operations, fostering sustainability and prosperity for all stakeholders involved.
