Agritech startup AgroWave raises $500K from US-primarily based investor
Gurugram-primarily based AgroWave has raised near to $500,000 in investment from US-based investor Sekhar Puli. Started in 2017 through Anu Meena (now 26), an IIT Delhi alumni, AgroWave is operating to construct sustainable supply chain for fruits and vegetables. AgroWave’s process includes or
Gurugram-primarily based AgroWave has raised near to $500,000 in investment from US-based investor Sekhar Puli. Started in 2017 through Anu Meena (now 26), an IIT Delhi alumni, AgroWave is operating to construct sustainable supply chain for fruits and vegetables.
AgroWave’s process includes organising generation-driven cell pickup stations (MPS) in villages at farm-gates from in which they accumulate the farm produce. The farmers obtain notifications at the app approximately the MPS timings and different information. Customised sorting, grading and packaging allows to keep the quality. Due to free of fee on-time shipping with their tech-enabled logistics strategies via way of means of skilled professionals, the produce is brought directly to the customers.
The employer will use the finances to scale its cell pickup station version in more villages and it is also constructing a charge prediction version on the deliver facet for the farmers, for which the company will enlarge its generation team. Explaining approximately its prediction version, Anu stated in a press launch that the AgroWave mobile app will are expecting a charge whilst the farmers will placed a request to promote the produce.
“It’s important to build trust with farmers to work with them. Our mobile pickup station model MPS(s) is helping us build trust with small and medium farmers in rural areas. It is helping them to sell the produce easily in their own village through our mobile app. We are building farm to business mobility supply chain through an integrated network of mobile pickup stations at farm gates. We are focused to build strong technology to create more efficient supply chain,” said Anu.
AgroWave plans to construct more than 50 MPS(s) this yr and is eyeing to elevate investment of $10 million in the subsequent three hundred and sixty five days to construct 1,000 MPS(s) and utilise it in charge prediction engine, smart route mapping, and information driven supply demand mapping systems.
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Gurugram-primarily based AgroWave has raised near to $500,000 in investment from US-based investor Sekhar Puli. Started in 2017 through Anu Meena (now 26), an IIT Delhi alumni, AgroWave is operating to construct sustainable supply chain for fruits and vegetables. AgroWave’s process includes or02Who wrote it?
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