BioVeda Agro Ventures, India’s online platform for farmers, secures an undisclosed amount of seed funding from India Accelerator’s angel investors network – iAngels, as per reported by BW Disrupt.
Launched in February 2022, the agri-tech platform offers a wide range of agri-services to farmers to sell their agri-produce, buy agri-inputs and avail loan facilities at low-interest rates on a single digital platform.
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Mahua Hazra, Co-founder and CEO of BioVeda Agro Ventures said, “We are delighted to have completed the seed funding round. with this, we are ready to dive into financial inclusion and rural eCommerce. We believe that our business model will play a crucial role in easing the farmers’ access to better credit facilities.”
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Deepak Nagpal, Managing Partner and Business Head for iAgri (IA’s Agritech Vertical) said, “With an increasing number of farmers looking to foster stable and continuous production, BioVeda’s will add moolah in the farmer’s pocket.
BIOVEDA AGRO VENTURES PRIVATE LIMITED is a HARYANA-based PRIVATE ltd. It is the first integrated online platform for farmers – offering a range of agri-inputs at low prices, leveraging the principle of agri-produce aggregation at better prices, and providing credit at affordable rates.
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The start-up deals in the sale of agricultural inputs and are also engaged in the procurement of non-perishable agri-products. Mahua Hazra is the founder and CEO of Bioveda Agro Venture.
About India Accelerator’s iAngels
India Accelerator is a seed-stage accelerator program that helps startups grow from GOOD to GREAT. It’s a structured program that can bring the building blocks for a startup under one roof – the much-needed mentorship, the network, the technology, the peripheral services (like legal, financial, etc), and last but not the least, the capital. It is the ONLY GAN-partnered, mentorship-driven, program in India. They only accept about 2% of the applications that come our way from startups. Ashish Bhatia founded this company in April 2017.
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