Fasal, a Bengaluru, India-based provider of a platform for real-time crop growing intelligence to Indian farmers to make data-driven decisions, received an investment from Beyond Capital Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations domestically and internationally and to diversify to new business streams including secondary processing of farm produce and Software as a Service (SaaS) intelligence.
Co-founded by Shailendra Tiwari (CEO) and Ananda Verma (CTO), Fasal is developing a platform for progressive horticulture crops anchored on a patented IoT-SaaS platform providing farm-level, crop-specific and crop-stage specific actionable intelligence to progressive horticulture farmers.
It has more than 160 employees and a presence across 12 districts in India and Southeast Asia and it has deployed over 6,000 IoT devices.
FinSMEs
11/12/2024