Agritech startup GreenSat raises an undisclosed funds with the help of Fund-TQ
- ByStartupStory | May 28, 2022
GreenSat, an agri-tech platform, raised an undisclosed amount of money with the assistance of Fund-TQ. FundTQ serves as GreenSat’s sole adviser and key sourcing partner. FundTQ is Asia’s first Valuation SaaS platform, as well as a one-of-a-kind Institutional Investor Connect and Merger Acquisitions Platform.
GreenSat plans to utilise the fresh capital to grow into new countries, upgrade its technical infrastructure, construct high-performance teams across departments, and focus on other business development efforts. GreenSat has proved the industry’s needs. GreenSat uses an integrated strategy to help farmers from the time the crop is planted until it is sold.
Over 15K farmers have downloaded the app and are delighted with the information it delivers. Based on environmental conditions, the app gives real-time weather forecasts, the most recent agricultural standards, crop development stage evaluations, and insect identification and remedies to farmers.
GreenSat was founded in 2020 by Deepak Kumar Yadav, Aarush Yadav and Jash Sheth. This Mumbai-based innovation lab has a B2B2C business model. It has a mission of relentlessly unlocking the potential of natural resources such as water, agriculture, minerals, energy, and their supporting systems such as banking and finance, as well as commodities markets. They aim to take it a step further and link their earth observation data with satellite imaging and precision AI technologies such as neural network algorithms for the advantage of optimum exploitation of natural resources and their support systems.
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