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WayCool Foods, Co-founded by Karthik Jayaraman and Sanjay Dasari is a Chennai-based agritech supply chain startup has raised ₹100 crore (approximately $12 million) in debt financing from Grand Anicut. The funds will be utilized to support ongoing business operations and expand the company’s agricultural supply chain activities. Waycool sources fresh produce from farmers and supplies it to retailers and restaurants, also managing private label brands. Despite facing challenges, including layoffs and a target for profitability by July 2023, Waycool reported a 62% increase in operating revenue for FY23, reaching ₹1,251 crore. #Waycool #Agritech #Funding #SupplyChain #DebtFunding #Startups #FreshProduce #Farmers #Retail #FMCG #Entrepreneurship #StartupFunding #Innovation #Agriculture #Chennai #Startup77

#StartupNews🚀 : NABVENTURES Fund Leads $1 Million Investment in Perishables Logistics Startup JustDeliveries.  JustDeliveries, a Mumbai-based logistics provider specializing in perishables, secured $1 million in pre-Series A funding led by Nabventures, an #agritech investor. The funds will fuel network expansion across Bengaluru, Mumbai, Pune, Delhi, and Hyderabad. Founded in 2022 by Mansi Mahansaria, JustDeliveries aims to tackle food waste through efficient cold chain logistics for F&B companies like restaurants and fresh food suppliers. They've already partnered with over 70 companies in two years. "The lack of proper storage and distribution infrastructure leads to significant food waste," said Vikas Bhatt, Managing Director of Nabventures. "By partnering with JustDeliveries, we can empower businesses to reduce waste and create a more sustainable food supply chain." JustDeliveries plans to expand to 8-10 Indian cities by 2028. This investment signifies growing interest in agritech solutions that address food waste and supply chain inefficiencies. #logistics #agritech #foodtech #funding #India #BuildingBusiness #BPlanadvisors

𝗛𝗼𝗼𝘃𝘂 𝗙𝗿𝗲𝘀𝗵 𝗶𝘀 𝗮 𝘀𝘁𝗮𝗿𝘁-𝘂𝗽 𝗶𝗻 𝘁𝗵𝗲 𝗳𝗹𝗼𝗿𝗮𝗹 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘁𝗵𝗮𝘁 𝗵𝗮𝘀 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗱 𝗮 𝘁𝘂𝗿𝗻𝗼𝘃𝗲𝗿 𝗼𝗳 𝗥𝘀 𝟴 𝗰𝗿𝗼𝗿𝗲 𝗯𝘆 𝗽𝗿𝗼𝘃𝗶𝗱𝗶𝗻𝗴 𝗳𝗹𝗼𝘄𝗲𝗿𝘀 𝗳𝗼𝗿 𝗲𝘃𝗲𝗻𝘁𝘀 𝗹𝗶𝗸𝗲 𝗽𝘂𝗷𝗮𝘀, 𝘄𝗲𝗱𝗱𝗶𝗻𝗴𝘀, 𝗮𝗻𝗱 𝗳𝗲𝘀𝘁𝗶𝘃𝗮𝗹. 🪭What makes Hoovu Fresh special is their innovative way of extending the shelf life of flowers. 🪯They use a special packaging machine that removes bacteria and moisture, keeping the #flowers fresh for up to 15 days. This has reduced their flower wastage from 40% to just 2-3%. 🪻During the pandemic, their zero-touch flowers, delivered through #JioMart and BigBasket, became very popular. This success helped them raise Rs 10 million on #SharkTank from investors AmanGupta and Peyush Bansal. 🪽Yashoda, one of the founders, saw the problem of puja flowers wilting and arriving late. With her background in business and accounting from Washington University, she decided to address this issue. Her sister, Rhea, a science and technology graduate from Stanford University, joined her. The name "Hoovu" means "flower" in #Kannada. 🪷Hoovu Fresh has a long floral tradition, with farms in Kenya and India. They are now the largest puja flower brand in India. They also make incense sticks from floral waste, which is expected to grow their business further. 🛞Hoovu Fresh operates in #Bangalore, #Hyderabad, and #Mumbai. Customers can order flowers through #BigBasket, #Zepto, #MilkBasket, and other grocery apps. They also sell agarbattis made from recycled temple flowers and other puja items on their website. 𝗛𝗼𝗼𝘃𝘂 𝗙𝗿𝗲𝘀𝗵 𝗶𝘀 𝘃𝗮𝗹𝘂𝗲𝗱 𝗮𝘁 𝗮𝗿𝗼𝘂𝗻𝗱 𝗥𝘀 𝟱𝟬 𝗰𝗿𝗼𝗿𝗲. Chandra Shekhar Azad University of Agriculture and Technology #hoovufresh #mba #marketing #motivationalvideos #inspiring #startups #startupindia #startupslife #startupinspiration #startupfounder #startupquotes #startupmotivation #startupsuccess #sharktankindia #sharktankseason3 #bengaluru #flower #flowers #businessfacts #branding #entrepreneurship #marketinggrowmatics #mumbai #corporate #employee

Hoovu Fresh is a start-up in the floral business that has achieved a turnover of Rs 8 crore by providing flowers for events like pujas, weddings, and festivals. What makes Hoovu Fresh special is their innovative way of extending the shelf life of flowers. They use a special packaging machine that removes bacteria and moisture, keeping the flowers fresh for up to 15 days. This has reduced their flower wastage from 40% to just 2-3%. During the pandemic, their zero-touch flowers, delivered through JioMart and BigBasket, became very popular. This success helped them raise Rs 10 million on Shark Tank from investors Aman Gupta and Peyush Bansal. Yashoda, one of the founders, saw the problem of puja flowers wilting and arriving late. With her background in business and accounting from Washington University, she decided to address this issue. Her sister, Rhea, a science and technology graduate from Stanford University, joined her. The name "Hoovu" means "flower" in Kannada. Hoovu Fresh has a long floral tradition, with farms in Kenya and India. They are now the largest puja flower brand in India. They also make incense sticks from floral waste, which is expected to grow their business further. Hoovu Fresh operates in Bangalore, Hyderabad, and Mumbai. Customers can order flowers through BigBasket, Zepto, MilkBasket, and other grocery apps. They also sell agarbattis made from recycled temple flowers and other puja items on their website. Hoovu Fresh is valued at around Rs 50 crore. #hoovufresh #mba #marketing #motivationalvideos #inspiring #startups #startupindia #startupslife #startupinspiration #startupfounder #startupquotes #startupmotivation #startupsuccess #sharktankindia #sharktankseason3 #bengaluru #flower #flowers #businessfacts #branding #entrepreneurship #marketinggrowmatics #mumbai #corporate #employee

Hoovu Fresh is a start-up in the floral business that has achieved a turnover of Rs 8 crore by providing flowers for events like pujas, weddings, and festivals. What makes Hoovu Fresh special is their innovative way of extending the shelf life of flowers. They use a special packaging machine that removes bacteria and moisture, keeping the flowers fresh for up to 15 days. This has reduced their flower wastage from 40% to just 2-3%. During the pandemic, their zero-touch flowers, delivered through JioMart and BigBasket, became very popular. This success helped them raise Rs 10 million on Shark Tank from investors Aman Gupta and Peyush Bansal. Yashoda, one of the founders, saw the problem of puja flowers wilting and arriving late. With her background in business and accounting from Washington University, she decided to address this issue. Her sister, Rhea, a science and technology graduate from Stanford University, joined her. The name "Hoovu" means "flower" in Kannada. Hoovu Fresh has a long floral tradition, with farms in Kenya and India. They are now the largest puja flower brand in India. They also make incense sticks from floral waste, which is expected to grow their business further. Hoovu Fresh operates in Bangalore, Hyderabad, and Mumbai. Customers can order flowers through BigBasket, Zepto, MilkBasket, and other grocery apps. They also sell agarbattis made from recycled temple flowers and other puja items on their website. Hoovu Fresh is valued at around Rs 50 crore. #hoovufresh #mba #marketing #motivationalvideos #inspiring #startups #startupindia #startupslife #startupinspiration #startupfounder #startupquotes #startupmotivation #startupsuccess #sharktankindia #sharktankseason3 #bengaluru #flower #flowers #businessfacts #branding #entrepreneurship #marketinggrowmatics #mumbai #corporate #employee

Superplum, an agritech startup headquartered in Noida, has recently marked a significant milestone in its journey by securing $15 million in its Series A financing round. Spearheaded by Erik Ragatz, a seasoned investor and former partner of the esteemed private equity firm Hellman & Friedman, this round underscores a resounding vote of confidence in Superplum’s vision and potential. Ragatz’s leadership in this funding round adds to the roster of prominent investors already backing Superplum, including luminaries such as Mark Siegel, Dan Rose, Steve Jurvetson, Rick Kimball, Binny Bansal, and Kabir Misra. Since its inception in 2019 by visionary entrepreneur Shobhit Gupta, the company has been steadfast in its commitment to redefining how fruits are cultivated, transported, and brought to market. Operating across 22 states in India, including regions like Bihar, Kashmir, and Karnataka, Superplum has established modern sourcing and supply chains for 25 different fruits throughout the year. This expansive reach ensures a steady supply of high-quality produce while empowering farmers across diverse geographical regions. #Startupfunding #venturecapital #Startupcommunity  #Startupecosystem #Startupnews

Gaurav Pachauri, a 30-year-old engineer from Rajasthan, had spent nearly four years preparing for government examinations in Delhi. Despite his best efforts, success eluded him. Standing at a crossroads, Gaurav faced a critical decision: continue striving for government exams or take a different path and become a farmer. Faced with the prospect of an uncertain future, Gaurav decided to return to his roots in Rajasthan. Determined to make something of his own, he chose to venture into farming. However, Gaurav wasn’t interested in conventional farming. Instead, he set his sights on pearl farming, a unique and potentially lucrative venture. Gaurav invested Rs 21 lakh into the project, including Rs 8 lakh to prepare a pond of 150 x 80 feet. He populated the pond with 1.15 lakh mussels, beginning a journey that required immense patience and meticulous care. After 21 months of hard work and dedication, Gaurav’s patience paid off. He harvested 110 pearls from the mussels in his pond. These pearls fetched a remarkable Rs 1.25 crore in sales. After covering his initial investment, Gaurav made a profit of Rs 80 lakh. Personally, he earned Rs 55 lakh, marking an impressive 2.5 times return on investment. Gaurav Pachauri’s journey from an aspirant struggling with government exams to a successful pearl farmer is a testament to the power of perseverance, innovation, and willingness to take risks. His story is an inspiration to many who find themselves at a crossroads, showcasing that sometimes, stepping away from the beaten path can lead to extraordinary success. . . . #pearlfarming #pearlfarm #competativeexam #upsc #startups #startupindia #startupslife #startupinspiration #startupfounder #startupquotes #startupmotivation #startupsuccess #sharktankindia #businessfacts #marketinggrowmatics #sharktankindiaseason3 #branding #marketing #entrepreneurship #inspiringstories #rajasthan #engineer #delhi #pearlfarmer

Indic Wisdom Private Limited, a Mumbai-based agri-produce #startup, has recently secured Rs 4 crore in a pre-Series A funding round led by Inflection Point Ventures. This funding marks a significant milestone for the company as it aims to expand its reach and impact in the #foodindustry. Founded by Kaustubh Khare and Prajakta Khare, Indic Wisdom Private Limited is on a mission to reinvigorate India's traditional methods of food preparation by blending ancient #wisdom with modern #innovation. Indic Wisdom Private Limited's core focus lies in the #production of wood-pressed oils, a practice deeply rooted in India's culinary heritage. By leveraging modern production techniques and quality standards, the company is committed to delivering #pure, #sustainable, and #highquality food staples to consumers worldwide. Prajakta Khare, the Co-Founder and Director of Indic Wisdom Private Limited, expressed the company's vision, stating, "Our goal is to take India's timeless tradition of prasad – food that is pure, sustainable, and meant for everyone - to every corner of the world." Indic Wisdom Private Limited's impact extends beyond its products. With a zero-waste #manufacturing facility in Palghar, the company is dedicated to supporting local employment and showcasing the potential of Indian manufacturing on a global scale. This commitment to sustainability and #communityempowerment sets Indic Wisdom Private Limited apart in the market. The Cold Pressed Oil market in India is projected to reach approximately ₹40,000 crores by 2030, highlighting the immense #growth potential in this sector. Indic Wisdom Private Limited is well-positioned to capitalize on this #opportunity, with a monthly GMV of Rs 2.5 crore and a track record of profitability for the past four years. As Indic Wisdom Private Limited continues to expand its distribution network and production capacity, the company is poised for further growth and success in the agri-produce industry. With a strong foundation in #tradition, #innovation, and #quality, Indic Wisdom Private Limited is set to make a lasting impact on India's food landscape. Indic Wisdom Private Limited's journey is not just about producing food staples; it's about preserving a rich culinary heritage, #empowering local communities, and delivering quality products to consumers worldwide. As the company continues to grow, it serves as an inspiring example of how traditional wisdom can be seamlessly integrated with modern practices to create a #sustainable and #impactful business. #traditionalfood #sustainableliving #localcommunity #indianheritage #foodindustry #communityimpact #healthyliving #startupindia

This entrepreneur QUIT job at Paytm to build Agritech startup. He was COO at Paytm Mall, In 2019 he quit and started Agritech startup. In FY22 It crossed Rs: 150 Cr in Revenue. Noida-based agritech startup Founded in 2017 by Amit and Ashok Prasad, Unnati provides farmers access to essential inputs, and helps them get better prices for their produce in a fair and transparent manner in the market. The Noida-headquartered startup is an amalgamation of a fintech platform that provides farmer market linkages, as well as agri input selling to farmers and FPOs. It has a large network of partner stores for selling agri inputs and purchasing produce in the eastern, central, and western India. Unnati has created a platform to digitalise the major components in the food and agribusiness value chain. In fact, Unnati wants to change the agriculture sector by creating farmpreneurs through its digital tools. The tech-driven platform has previously received funding from several angel investors, including Vijay Shekhar Sharma (Paytm) Unnati is developing an end-to-end “tech backbone” for all stakeholders in the agri trade. It bundles everything from pre-harvest guidance to post-harvest services to working credit for farmers under a unified platform. Read More : Thekarostartup.com #startupstories #successstories #Farming #agritech Cloud Hosting from just ₹50: https://lnkd.in/ghXuQpJ6 65f6ea755b0de

Agritech Unicorn Alert: DeHaat's $100M Funding Push Could Revolutionise Indian Agriculture! Exciting news for the agritech sector! Bihar-based startup DeHaat is in advanced talks to raise a whopping $100 million in its Series E funding round, potentially becoming India's first agritech unicorn. Key highlights: • Pre-money valuation of $900 million, with post-money valuation expected to cross $1 billion • Funding to be used for acquisition and business expansion • Potential acquisition of a seeds company for $50-65 million • Current valuation stands at $750 million, with existing investors likely to participate DeHaat's rise to unicorn status would be a game-changer for Indian agriculture, showcasing the sector's immense potential for innovation and growth. The startup's end-to-end services, including input distribution, advisory, and market linkages, have already impacted over 650,000 farmers across Bihar, UP, Jharkhand, and Odisha. With this funding, DeHaat is poised to leapfrog competitors like Ninjacart and solidify its position as a leader in the agritech space. The Indian agritech market is projected to reach $24.1 billion by 2025, indicating massive opportunities for growth and transformation. What are your thoughts on DeHaat's potential unicorn status and its impact on Indian agriculture? Kudos to Shashank Kumar and his team. Let's discuss in the comments! #AgritechUnicorn #DeHaat #IndianStartups #FundingNews #AgricultureInnovation