Mumbai Angels Network backs agritech startup BrainWired
Summary
The fresh funds will be used to bring its product to market, fulfill present orders, and conduct research and development, according to a statement. BrainWired was set up in 2018 by Romeo Jerard and Sreeshankar Nair, who also co-founded cybersecurity startup Lykan. The company provides a livestock health monitoring and tracking solution, named WeSTOCK, which uses technology to enable farmers to earn more income by reducing their expenses. It’s an agritech company where farming communities can adopt technology to maximise profits by reducing expenses,” Nandini Mansinghka, co-promoter and CEO Mumbai Angels Network, said. In April alone, three companies, including Bijak, DeHaat and Ergos, raised a total capital of $28.8 million.
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