Vegrow funding, investors and company details

Vegrow is an emerging Agro - Agritech startup from Bengaluru, working in the space of AgriTech Marketplace, B2B fruit & vegetable supply chain. Founded by Praneeth Kumar, Shobhit Jain, Mrudhukar Batchu, Kiran Naik.

Company: Chifu Agritech Private Limited
Sector: Agro - Agritech
Location: Bengaluru
Founders: Praneeth Kumar, Shobhit Jain, Mrudhukar Batchu, Kiran Naik
Total funding raised: ₹581.02 Cr

Company overview

Vegrow is a venture-backed agritech company founded in 2020 that operates a technology-powered B2B marketplace for fresh fruits and vegetables, partnering with farmers across India to aggregate supply and sell to organised demand channels such as wholesalers, retailers, exporters and processors. The platform uses advanced tech and matchmaking systems to streamline farm supply chains, improve land utilisation, ensure quality and consistency, and enable better pricing and incomes for farmers, while also providing reliable, year-round produce to buyers. Vegrow connects a large network of farmers with organised markets, reducing wastage and inefficiencies in the fragmented agricultural ecosystem.

Funding rounds

Latest round (Series C): $ 46.00 Mn (₹382.67 Cr.), 2023-12-13. Investors: GIC (Singapore’s sovereign fund), Prosus Ventures, Matrix Partners, Elevation Capital, Lightspeed India Partners
Past round (Series B): $ 25.00 Mn (₹198.35 Cr.), 2022-07-11. Investors: Prosus Ventures