202224 Nov

Fresh From Farm Bags Over Rs 3 2 Cr In Seed Round Led By IPV

Summary

Fresh From Farm is a demand-and data-based aggregation ecosystem that recognizes retailer demand trends and buys the precise amount from farmers. To reduce waste at the retailer level, the company assesses demand and supply patterns and works towards matching them.Vinay Bansal, Founder & CEO, Inflection Point Ventures says, The customers are increasingly getting aware about what they eat, where is it sourced from and its nutritional value. The farmers and retailers on the other hands deal with the supply chain challenges resulting in million of tonnes perishables getting wasted every year. We liked Fresh From Farms approach of leveraging tech to solve the challenges that directly impacts the three key stakeholders of the fruit and vegetables ecosystem. Their tech and the platform with predictive qualities prompted us to invest in the Company.Rohit Nagdewani, Founder and CEO, Fresh Form Farm says, Our AI based system currently has a confidence rate of 89% allowing us to predict the exact quantities and qualities of fruits that can be sold at particular touchpoints.

Source: Businessworld

Funding

$391.88K
Amount
Nov 24 2022
Date
-
Investor
Fresh From Farm
Company

Classifications

Companies