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Agritech startup Fasal raises $12 million in funding led by TDK Ventures, British International Investment

๐Ÿ“… Date:

๐Ÿ”– Topics: Funding Event

๐Ÿข Organizations: Fasal, TDK Ventures, British International Investment

Agritech startup Fasal on Friday said it has raised about $12 million (Rs 100 crore) in a funding round led by TDK Ventures and British International Investment (BII).

Fasal claims farmers on its network have reduced irrigation water consumption by 82.8 billion litres, pesticide reduction by 127,426 kilograms, curbed greenhouse gas emissions by 54,965 metric tons, and increased yields and quality by up to 30%.

โ€œWith this capital infusion, we plan to expand Fasalโ€™s presence from 75,000 acres to 500,000 acres and enable our technology to deliver more to the farmers by providing them access to sustainable crop inputs, farm-level crop insurance, and working ..

Read more at The Economic Times