Funding · Agriculture & Food Systems
BigHaat raises $10 million from Bidra Innovation Ventures
By Startup Enthusiast ·
- Date
- Company
- BigHaat
- What it does
- Digital agriculture platform for farmers
- Kind
- Funding
- Amount
- $10M
- Founded
- 2015-01
What they do
BigHaat is a digital platform that sells seeds, fertilisers, pesticides and farm equipment to farmers
What happened
It raised $10 million in a round led by Bidra Innovation Ventures, with participation from JM Financial and Ashish Kacholia
Why it matters
The company plans to use the funds to expand its farmer platform and build a traceable, globally compliant food supply chain
The details
- BigHaat raised $10 million (about INR 83 crore) in a funding round.
- The round was led by Bidra Innovation Ventures, the US-based venture capital arm of OCP Group.
- Existing investors JM Financial and Ashish Kacholia also participated.
- The company's total funding to date is around INR 300 crore.
- BigHaat plans to use the funds to expand its digital farmer-focused platform.
- It also aims to build a traceable, globally compliant food value chain.
The bigger picture
- BigHaat claims to have the largest direct-to-farmer network in India.
- The company has a strong presence in the Indian spices value chain.
- It focuses on ESG-led cultivation and sourcing to reduce carbon emissions and ensure traceability.
About the business
- BigHaat is a digital agriculture platform that sells seeds, fertilisers, pesticides, nutrients and farm equipment.
- It provides advisory services on crop health, soil conditions and weather trends through an app, website and multilingual phone support.
- The company has a strong presence in the Indian spices value chain.
- It claims to have the largest direct-to-farmer network in India.
- BigHaat practices ESG-led cultivation and sourcing, focusing on reducing carbon emissions, traceability and IPM-based food safety.
What happens next
- Expand the digital farmer-focused platform.
- Build a traceable, globally compliant food value chain.
The deal
- Type
- funding
Investors
- Bidra Innovation Ventures (lead) — US-based venture capital arm of OCP Group, a global plant nutrition solutions player.
- JM Financial (participated) — Existing investor.
- Ashish Kacholia (participated) — Existing investor.
- Ankur Capital (existing)
- BNV (existing)
Founders
- Sateesh Nukala, CEO and co-founder
- Sachin Nandwana, Co-founder
- Kiran Vunnam, Co-founder
About BigHaat
- Product
- stack agritech platform
- Customers
- Indian farmers, input manufacturing brands, and domestic and global food and spice buyers
- How it makes money
- Generates revenue via commerce margins on agri-input sales and institutional sourcing of agricultural produce
- What sets it apart
- Full-stack digital farmer network pairing stage-wise crop advisory with ESG-compliant, traceable farm produce sourcing
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