Agritech Startup and Farmer First eMarketplace GrowiT India Raised INR 50 Lakhs in Debt Funding in Shark Tank India

GrowiT India - An Agritech Startup and Farmer First Emarketplace raised 50 Lakhs in Debt funding from Sharks Peeyush Bansal and Namita Thapar.

GrowiT will utilize these funds to strengthen its franchises, vendor outreach and help farmers become financially independent. The network and support of the sharks and the platform itself will boost more visibility and mileage for the brand.

Founded in 2020, by Saurabh Agarwal and Akshay Agarwal, GROWIT India, is the agricultural arm of Surat-based Alpha Plastomers Private Limited and aims to manufacture advanced and innovative products that ensure optimum quality and yield for the Indian Agricultural & Farming Industry while lowering its carbon footprint.

"This is an incredible milestone for us, and we are incredibly grateful for the support and confidence shown by our investors (Sharks). With this funding, we can continue to develop and scale our technology, which has the potential to transform the way we approach agriculture and food production. We're excited to take this next step in our journey and to make a positive impact on the industry and the world. Thank you to everyone who has supported us on this journey, and we can't wait to see what the future holds!", said Saurabh Agarwal - Founder & CEO- GrowiT India.

Critical solutions like quality food, climate smart agriculture, farmer empowerment and enhancing farmer productivity are major focus areas for GrowiT.

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