Faad Network Launches AgriManch, an Agritech Startup Accelerator Program

• ByStartupStory     |    July 24, 2023

Faad Network, a renowned early-stage fund in India, is excited to announce the launch of AgriManch, an innovative accelerator program dedicated to nurturing agritech startups. AgriManch aims to empower early-stage agritech ventures and support them in their journey towards growth and success.

As a part of the AgriManch program, selected startups will receive a minimum capital infusion of Rs 25 lakh to strengthen their operational capabilities. The 12-week cohort program will cater to five promising startups specializing in various sectors, including agricultural automation, agfintech, agbiotech, aginfratech, precision agtech, and upstream-midstream agtech.

AgriManch offers a comprehensive support system to the selected startups, including funding, mentorship, and assistance in establishing strategic partnerships. Through this initiative, Faad Network aims to foster a conducive environment that encourages startups to thrive, innovate, and make a lasting impact in the agritech industry.

Aditya Arora, CEO at Faad Network said, “Our primary objective is to facilitate the successful launch, sustained growth, and scalable expansion of early-stage startups by providing them with essential resources and fostering valuable collaborations.”

AgriManch represents Faad Network’s commitment to supporting the advancement of the agritech ecosystem in India. The program aligns with the organization’s mission to drive positive change and empower startups that are leveraging technology to revolutionize agriculture and contribute to the country’s sustainable development.

Startups eager to participate in AgriManch can submit their applications through Faad Network’s official website. The application process will be followed by a rigorous selection procedure, wherein the most promising and innovative startups will be chosen to be a part of the exclusive cohort.

AgriManch presents a unique opportunity for agritech startups to receive expert guidance, financial backing, and access to a network of industry leaders, positioning them for long-term success in the competitive agritech landscape.

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