[Funding alert] Agritech Startup Superplum Secures $15 Mn From Investors

Superplum, an agritech startup that offers premium fresh fruits, announced that it secured $15 mn from investors to grow its company. The business announced that it has successfully raised $15 million in the Series A fundraising round.

Erik Ragatz, the company's future chairman and a former partner and senior advisor of the international private equity firm Hellman & Friedman, spearheaded the funding round.

The startup plans to restructure India's agricultural supply networks and construct infrastructure with the funding it raises.

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Premium fresh fruits are made available at several retail outlets, including mom-and-pop stores, modern retail establishments, and popular e-commerce platforms like Amazon Fresh, Swiggy, Instamart, Zepto, and Insanely Good. 

The company provides customers with superior mangoes, litchis, guavas, grapes, and many other tropical fruits—more than 25 fruits—all year round by collaborating with growers in 22 states around India.

Its product line is expanding, and among the fruits it sells are mangoes, litchis, apples, grapes, cherries, and plums.

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About Superplum

Superplum is India’s first digital fruit supply chain to connect the best local farms to the world. 

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