BharatAgri Shuts Operations Due To Funding Crunch

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SUMMARY

While BharatAgri raised some funding from its existing investors last year to achieve profitability, it failed to get new funding to sustain its operations

The startup was looking to raise $6 Mn to $8 Mn in a fresh funding round

The Bengaluru-based startup offered AI-powered agronomy services to farmers to help increase their incomes through systematic implementation of scientific farming techniques

Agritech startup BharatAgri has shut operations due to a funding crunch. Its cofounder and CEO Siddharth Dialani told…



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BharatAgri Shuts Operations Due To Funding Crunch


SUMMARY

While BharatAgri raised some funding from its existing investors last year to achieve profitability, it failed to get new funding to sustain its operations

The startup was looking to raise $6 Mn to $8 Mn in a fresh funding round

The Bengaluru-based startup offered AI-powered agronomy services to farmers to help increase their incomes through systematic implementation of scientific farming techniques

Agritech startup BharatAgri has shut operations due to a funding crunch. Its cofounder and CEO Siddharth Dialani told…



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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