Funding · Agriculture & Food Systems
KisaanSay raises ₹34 Cr Series A funding led by NABVENTURES
By Startup Enthusiast ·
- Date
- Company
- KisaanSay
- What it does
- farm-to-consumer food brand
- Kind
- Funding
- Amount
- ₹34 Cr
- Stage
- Series A
- Founded
- 2022
What they do
KisaanSay is a farm-to-consumer food brand that sources single-origin products directly from farmer enterprises
What happened
The company raised ₹34 crore in a Series A funding round led by NABVENTURES through the AgriSURE Fund
Why it matters
The capital will be used to expand distribution, marketing, team strength, and build a full-stack technology platform
The details
- KisaanSay raised ₹34 crore in a Series A funding round led by NABVENTURES through the AgriSURE Fund.
- The company will use the funds to scale distribution, marketing, brand-building, team strengthening, and build a full-stack technology platform.
- KisaanSay operates on a co-brand and co-profit partnership model with 25 farmer enterprises, covering 50,000 farmers across nine states.
- The company offers over 100 SKUs across 12 categories, including rice, ghee, oils, spices, dry fruits, and grains.
- Products are grown, minimally processed, and packaged at their place of origin by farmer enterprises.
- Over 50% of consumer spend on each product flows back to farmers.
- The company distributes through its own website, e-commerce platforms, quick commerce platforms, and select offline retail stores.
The bigger picture
- The funding comes at a time when demand for natural, high-quality, and traceable food products is increasing.
- NABVENTURES brings access to NABARD’s extensive ecosystem of credit, market access, infrastructure support, and farmer institution-building.
- The AgriSURE Fund is a SEBI-registered Category II Alternative Investment Fund sponsored by the Government of India through the Ministry of Agriculture and Farmers Welfare and NABARD.
- The founding team brings deep operating experience and a clear execution vision, which gives strong conviction in the company’s ability to scale.
About the business
- KisaanSay is a farm-to-consumer food brand that connects Indian farmers directly with consumers.
- It sources and sells authentic farm products such as rice, ghee, oils, spices, dry fruits, and grains.
- The company works with farmer collectives and farmer producer companies (FPCs) across India to procure native agricultural produce.
- Products are sold through its own website, e-commerce marketplaces, and retail channels.
- It operates on a co-brand and co-profit partnership model with farmer collectives.
- The company currently works with multiple farmer groups representing tens of thousands of farmers across India.
- It distributes over 100 SKUs across 12 categories through an omnichannel network including its D2C platform and offline retail in markets such as Delhi NCR.
What happens next
- Scale distribution, marketing, and brand-building efforts.
- Strengthen the team and build a full-stack technology platform.
- Expand the supply-side footprint across the country.
- Deepen farmer engagement and deliver high-quality, traceable food products to consumers at scale.
The deal
- Type
- funding
Investors
- NABVENTURES (lead) — A venture capital firm managed by NABARD (National Bank for Agriculture and Rural Development), focusing on supporting agri and rural startups.
Founders
- Nitin Puri, Founder
- Vaishali Mehta, Co-founder
- Manoj Karki, Co-founder
About KisaanSay
- Product
- cross-category direct-from-origin food brand
- Customers
- Consumers buying authentic single-origin food products, with some sales through retail and marketplaces
- How it makes money
- Sources produce from farmer collectives and sells branded food products through its own website, ecommerce marketplaces and retail channels
- What sets it apart
- Uses a co-brand and co-profit model with farmer collectives and emphasizes provenance and single-origin sourcing
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