Venture Catalysts, India’s first and largest integrated incubator, and accelerator, has recently led an undisclosed investment in AgriGator, a B2B digital supply chain platform. The funding round was led by Manish Modi on behalf of Venture Catalysts and also saw participation from Ness Wadia, who served as the Co-investor. AgriGator is a 100X.VC Nov 2019 funded Portfolio Company.
AgriGator aims to provide a one-stop solution to the inefficiencies in the agricultural supply chain market by facilitating trade and logistics service between buyers, sellers, and carrier providers in return for a small commission on every transaction. Apart from being a full-stack supply chain solution for directly connecting wholesalers, grain traders, food processors, and logistic providers, the platform also enables shippers to arrange logistics from a wide network of carrier providers.
Ninad Karpe, Partner, 100X.VC stated, “100X.VC's belief in the value proposition of AgriGator is now affirmed by the new round of investment which they have raised. As a startup aiming to solve the vexatious problems afflicting the agricultural supply chain, 100X.VC invested in the pre-seed round knowing that the founders were in the right space and would execute effectively. We believe that AgriGator has immense potential to grow rapidly”.
Published on: December 23, 2020