Agritech startup Produze raised $2.6 million in its seed funding round led by Accel where All In Capital, Thirukumaran Nagarajan and Kartheeswaran KK from Ninjacart, Anilkumar SG from Sammunati, Pawan Gupta and Abhishek Sharma from Fashinza, Pushkar Mukewar from Drip Capital, Angad Kikla, Naisheel Verdhan and Rahul Gill from CityMall, Ranjith Mukundan from Stellapps and Pravin Jadhav from DhanHQ also participated.
Produze enables agricultural farmers to sell directly to international retailers and earn higher profit margins. Meanwhile, it assists international retailers in obtaining fresh produce of higher quality and at more competitive prices. Produze intends to use the funds to expand its distribution and sourcing capabilities, as well as to digitise the entire cross-border supply chain.
