Krimanshi Technologies Pvt Ltd, a Jodhpur-primarily based totally animal nutrients startup has raised Rs five crore in seed investment from Rajasthan Venture Capital Fund (RVCF) to scale its feed manufacturing potential and amplify to more moderen geographies.
“Animal feed zone is an underserved marketplace and now no longer lots innovation has been visible right here withinside the past. Quality and affordability do now no longer pass hand in hand and as a result maximum dairy farmers couldn’t get their arms at the great of the products. We are seeking to extrade this thru our deeper knowledge of animal nutrients, chemistry and biotechnology and are centered to lessen the feed expenses whilst making sure higher nice feeds to our farm animals farmers,” stated Nikhil Bohra, Founder and CEO of Krimanshi.
Founded in 2015, Krimanshi is operating in animal feed manufacturing, mostly in dairy, and is bringing innovation with the aid of using setting up a brand new deliver chain for unconventional elements withinside the animal nutrients zone.
The startup is increasing manufacturing capacities throughout Rajasthan and Karnataka and could additionally cater to the feed marketplace in Tamil Nadu, Telangana, Andhra and North East. It additionally claims to have a much wider economic, social and environmental impact, with farmers reporting up to twenty percentage boom in milk manufacturing, remodeling agri and meals waste into nutritious livestock which leads to saving of CO2 emissions and growing new jobs in setting up unconventional feed elements deliver chains.
On being requested approximately the deployment of funds, Nikhil added, “We will use the sparkling capital to installation our feed manufacturing plants, undertaking into chicken and fish phase and scale-up meals and agri waste upcycling potential. We may also be focusing to construct a sturdy income crew and distributor community in Rajasthan and Karnataka and digitize feed transactions.”
RVCF, a undertaking capital company primarily based totally out of Jaipur, is presently making an investment out of its 0.33 fund and invests in early and boom degree transformative agencies in Agri/Food, IT/ITES, Healthcare, Education area etc.
“Krimanshi has constructed cost-powerful nutritive feed answers for milch animals all-spherical the yr with the aid of using upcycling meals waste. It is in addition increasing into chicken and aqua feeds. Nikhil and his crew are properly ready to offer answers to feed the burgeoning farm animals populace withinside the country,” stated Gaurav Chowdhry, Vice President at RVCF.
