Balwaan Krishi raises ₹100 crore Series B to expand manufacturing and southern India network
Balwaan Krishi has raised ₹100 crore in a Series B round led by First Bridge India Growth Fund. The agritech startup plans to expand manufacturing, grow its southern India dealer and service network, and build new connected farm equipment.
TLDR
Balwaan Krishi has raised ₹100 crore in a Series B round led by First Bridge India Growth Fund, with participation from other institutional investors. The company plans to use the money to expand domestic manufacturing, strengthen its dealer and service network in southern India, and develop new farm equipment. Balwaan says its product roadmap includes power weeders and battery sprayers with connected features designed to monitor machines and identify maintenance needs before breakdowns. Inc42 reports that the company claims more than 4 lakh farmers use its equipment and that it sells through more than 800 dealers across northern India.
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