BharatRohan raises seed funding to expand its Drone-based crop monitoring services in Rajasthan & Gujarat
Summary
New Delhi [India], March 9 (ANI/PR Newswire): BharatRohan Airborne Innovations, Delhi-based agritech startup, has raised seed funding investments in a round led by Upaya Social Ventures and Acumen Fund Inc.The fresh capital will be used to strengthen its foothold across Rajasthan and Gujarat and scale its traceable, sustainable, and profitable ecosystem of seed spices, oilseeds, and pulses across 2 lakh acres of area in the next 18 months. The investment will help build the capability to sell close to 7,000 metric tonnes of seed spices like cumin, coriander, fenugreek, carom, and fennel to different institutional buyers.Speaking on the occasion of this fundraise, Amandeep, co-founder, BharatRohan, said, "BharatRohan is committed to making farming profitable so that it appeals to the new generation of growers while ensuring that the consumers get access to safe food with knowledge about how and where it is grown. BharatRohan is at the right inflection point to expand its services to benefit more smallholder farmers and make the Agri value chain pesticide-free," added Chakravarthy.Supporting the fundraise, Mahesh Yagnaraman, Country Director Acumen, said, "Acumen believes in the vision of the founders to enable farmers to access high tech drone technology for making informed decisions in the farms. Amandeep and Rishabh, with their strong technical background, developed a product offering that provides data to prevent pest attacks and reduce crop loss. While farmers were intended to be the initial paying customers for the data, the team pivoted to a model that offered a comprehensive procurement platform to institutional buyers with traceability as the key-value addition.