by Gurugram — Nutrifresh, a leading agri-tech startup, has raised an undisclosed amount of funding from the Neev II Fund, which is backed by SBICAP Ventures. The round also saw participation from existing investors, including Omnivore Partners and Sixth Sense Ventures.
Nutrifresh is a vertically integrated agri-tech startup that provides hydroponically grown fruits and vegetables to consumers in India. The company’s products are grown in controlled environments, which ensures that they are free of pesticides and chemicals.
“We are excited to partner with Nutrifresh,” said Ashish Sharma, managing director of SBICAP Ventures. “The company is well-positioned to benefit from the growing demand for healthy and sustainable food in India.”
“We are grateful for the support of SBICAP Ventures and our other investors,” said Sanket Mehta, co-founder of Nutrifresh. “The funding will be used to expand our production capacity and to enter new markets.”
The investment in Nutrifresh is a sign of the growing interest in the agri-tech sector in India. The sector is expected to grow at a CAGR of 20% in the coming years, and Nutrifresh is well-positioned to capitalize on this growth.
Here are some of the benefits of Nutrifresh’s products:
- Freshness: Nutrifresh’s products are grown in controlled environments, which ensures that they are always fresh.
- Nutritional value: Nutrifresh’s products are grown without pesticides or chemicals, which means that they retain their nutritional value.
- Convenience: Nutrifresh’s products are available through a variety of channels, including online and offline.
Nutrifresh’s products are a healthy and convenient option for consumers in India. The company is well-positioned to benefit from the growing demand for healthy and sustainable food in India.
