₹100 crore Series B led by First Bridge India Growth Fund, following a ₹40 crore Series A from JM Financial Private Equity in June 2024 and a $2 million pre-Series A led by Caspian in May 2023.
Products are priced between ₹10,000 and ₹1 lakh, built for the roughly 86% of Indian farmers cultivating under two hectares, for whom a tractor is unaffordable and often unsuitable.
The manufacturing push is the substantive part. Small agricultural power equipment in India is largely assembled from imported components, which leaves sellers exposed on cost, availability and qua…
Southern expansion was also the stated purpose of the June 2024 Series A, which suggests it remains largely ahead of the company. Its 800-plus dealers are in the North, and dealer networks do not t…
No revenue or margin figures accompany the round, though the private equity investor base implies a profile those funds underwrite rather than a venture growth curve.
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