Pre-series funding for the agritech platform Falca totaled over $3 million and was headed by Inflection Point Ventures. It also included loan and equity financing. Along with other HNIs, Let’s Venture and Mumbai Angels participated in the round.
The rural agri-tech supply chain platform offers small and marginal farmers agricultural solutions by offering services including quality and genuine inputs to rent out machines, market connections, storage options, advice services, and technologies to increase farm productivity.
With 1,00,000 farmers, it is currently assisting them at various phases, from soil testing to choosing the best fertilizer for the biggest yield.
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