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Funding · Agriculture & Food Systems

Fragaria Fruits in talks to raise ₹40 Cr

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Date
Company
Fragaria Fruits
What it does
Indoor vertical farming for strawberries
Kind
Funding
Amount
₹40 Cr
Stage
seed
Based in
Chennai
Founded
2024
Sector
Agriculture & Food Systems

What they do

Fragaria Fruits grows premium pesticide-free strawberries indoors using vertical farming

What happened

It is in talks to raise ₹40 Cr ($4.2 Mn) led by Blume Ventures at a ₹160 Cr valuation

Why it matters

The Chennai startup targets a premium niche in India's fast-growing agritech market

The details

  • Fragaria Fruits is in talks to raise a ₹40 Cr ($4.2 Mn) funding round.
  • The round is led by Blume Ventures, with participation from existing investors WEH Ventures, Rainmatter, and others.
  • The post-money valuation is ₹160 Cr.
  • The fundraising talks were reported on 21 August 2026.
  • The company previously raised $2 Mn in seed funding about 10 months earlier.
  • That seed round was led by WEH Ventures and included Rainmatter, Spiral Ventures, and angel investor Sashi Kumar.

The bigger picture

  • India's agritech market is expected to grow at 25% CAGR to $28 Bn by 2030.
  • Fragaria Fruits targets a premium niche with pesticide-free, high-quality strawberries.
  • The company is expanding from a pilot farm in Chennai to a large-scale farm near Bengaluru.

About the business

  • Fragaria Fruits is a Chennai-based agritech startup founded in 2024.
  • It uses indoor vertical farming to grow premium, pesticide-free strawberries year-round.
  • Its high-precision systems monitor light, temperature, humidity, nutrients, and irrigation.
  • The flagship product is European strawberries sold under the consumer brand Oh! Fruits.
  • The strawberries are claimed to be twice as sweet as average Indian strawberries.
  • The company has a pilot farm in Chennai and is scaling operations in Bengaluru.
  • It is constructing a large-scale commercial farm near Bengaluru.
  • It is also developing dedicated facilities for blueberries and raspberries.
  • The target daily output is 120 kg of premium strawberries.

The deal

Type
funding

Investors

Founders

  • Harish Varadharajan, founder
  • Timothy Chad Van Niekerk, founder
  • Damian López-Salazar, founder

About Fragaria Fruits

Product
tech farming startup
Customers
Consumers seeking premium, pesticide-free, year-round fresh fruit supply
How it makes money
D2C and B2B supply of premium sustainably-grown fruit using vertical farming technology
What sets it apart
Indoor vertical farming producing strawberries twice as sweet as conventional varieties with 3x longer shelf life

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