MapMycrop: MapMycrop raises Rs 15.7 crore in seed funding for agritech expansion

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Agri-tech startup MapMyCrop said on Thursday it has raised Rs 15.7 crore ($1.8 million) in seed funding led by YourNest Venture Capital, with participation from angel investors including Eaglewings Ventures.

The New York-headquartered company plans to use the investment to expand operations, fulfill pilot orders, strengthen its sales and operations teams, and advance its platform technology, it said in a statement.

MapMyCrop utilises satellite imagery and artificial intelligence to provide crop monitoring services that help farmers track crops,…



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MapMycrop: MapMycrop raises Rs 15.7 crore in seed funding for agritech expansion


Agri-tech startup MapMyCrop said on Thursday it has raised Rs 15.7 crore ($1.8 million) in seed funding led by YourNest Venture Capital, with participation from angel investors including Eaglewings Ventures.

The New York-headquartered company plans to use the investment to expand operations, fulfill pilot orders, strengthen its sales and operations teams, and advance its platform technology, it said in a statement.

MapMyCrop utilises satellite imagery and artificial intelligence to provide crop monitoring services that help farmers track crops,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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