Agri-tech startup Agro2o scoops up funds from Mumbai Angels
Summary
New Delhi based Concinnity Agro2o, which owns and operates an eponymous agri-tech startup, has raised an undisclosed sum in a bridge funding round, dubbed pre-seed, from Mumbai Angels Network. Its smart garden product helps people in urban areas to grow any kind of plant in a small space. "With the rising awareness of eating fresh and healthy, every urban household would love to have a kitchen garden but neither do they have enough space nor do they have time and expertise to maintain the same. "With the world-changing, Mumbai Angels pitched in at the right time to support us in executing our vision to offer healthy and sustainable solutions for better living,” Yash Vyas, founder of Agro2o said. In May, Zurich-based agri-focused investment firm Pioneering Ventures acquired local agri-tech company Lateral Praxis to improve its technology-enabled data and information solutions for the food supply chain.