Monday, 15 June 2020

Agro2o, an Agri-tech start-up, raises funding from Mumbai Angels Network


Agro2o,
an Agri-tech start-up, raises funding from Mumbai Angels Network

Agro2o, an agritech start-up has raised funding from Mumbai Angels Network. It  is a new  Delhi based agri-tech company incubated by Electropreneur Park.

Agro2o's Smart Garden® comes with intelligent nutrient dosing, water refill reminder, automated lighting and watering & air quality detector. They can grow up to 50 different plant types and also can monitor the growth of the plants through Smartphones. They are offering 2 models :  Renaissance which has 12 pods and Savor with 5 pods.

Rohit Pugalia, MA Investor said,"With the rising awareness of eating fresh and healthy, every Urban Household would love to have a kitchen garden but neither do they have enough space nor do they have time and expertise to maintain the same. Agro2o is solving all these with one-of-a-kind flaunt-worthy, self-watering and self-nutrient discharging Smart Garden. That makes it an ideal Investment for our Portfolio."
Yash Vyas, Founder of Agro2o, said, "We are delighted to partner with the MA network. With the world-changing, MA pitched in at the right time to support us in executing our vision to offer healthy and sustainable solutions for better living.”
Nandini Mansinghka, Co-promoter and CEO Mumbai Angels Network, commented,“We welcome Agro2o to our list of diversified portfolio companies. Breakthroughs in modern agri-technology to grow fresh and healthy veggies without any harmful chemicals, Argo2o has a clear potential to grow because we as consumers are always looking out for fresh and organic vegetables these days, we see growth in this sector in the coming years.”

About Mumbai Angels Network: 

Started in 2006, Mumbai Angels Network (MA Network) is India’s premier platform focused on new venture investing. The network is today 450+ members strong, across 9 chapters (Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Goa, Pune, Jaipur and Chennai). It has a 135+ strong portfolio with 30+ exits and has invested 150+ crores.

1 comment:

  1. I am interested for agri and related fund investment. Please guide and help in getting the fund.
    Thanks and regards.

    ReplyDelete