Food startup KisaanSay has raised ₹34 crore from Investors, including NABVENTURES and senior industry leaders to expand its business.
Food startup KisaanSay has raised ₹34 crore from Investors, including NABVENTURES and senior industry leaders to expand its business.
Founded by Nitin Puri, Vaishali Mehta & Manoj Karki, KisaanSay offers consumers a range of single origin food products.
In a statement on Tuesday, the company said it has closed a ₹34 crore funding round led by NABVENTURES through the AgriSURE Fund (Agri Fund for Startups & Rural Enterprises).
The round also saw participation from senior industry leaders.
KissanSay will use funds to scale its distribution, marketing & brand-building efforts, further strengthen the team and deploy a full-stack technology infrastructure.
Nitin Puri, Founder, KisaanSay, said, "Coupled with NABARD's extensive internal ecosystem of credit, market access, infrastructure support & farmer institution-building, this partnership with NABVENTURES gives us a tremendous advantage in expanding KisaanSay's supply-side footprint across the country." This partnership will enable us to accelerate growth, deepen farmer engagement, and deliver high-quality, traceable food products to consumers at scale, he added.
With a portfolio of over 100 SKUs spanning 12 categories, KisaanSay operates through a co-brand/ co-profit partnership with 25 farmer enterprises comprising 50,000 farmers across 9 states.