AgriTech ONO has secured Rs 11 crore in investment in seed funding round led by Aeravti Ventures, with participation from Indigram Labs.
The investment will contribute towards empowering the agricultural supply chain by creating inclusive economic growth opportunities for farmers and ecosystem players across India’s vast APMC/MANDI network.
The company aims to leverage cutting-edge technology to augment the country’s agriculture tech-stack.
Commenting on the funding, Rama Rao Kancharapu, Founder and CEO, ONO, said, “We have seen an unprecedented acceptance of our products in mandis, and we are confident in our ability to scale our platform and build a sustainable business that creates tangible impact.”
ONO has developed a data-driven digitisation platform to address critical pain points within the agricultural ecosystem, including access to formal credit, price intelligence, market discovery and operational inefficiencies.
Rishabh Singh, Managing Partner, Aeravti Ventures, said, “Doubling down on India’s agriculture ecosystem has been a key focus for us. We believe in the transformative power of technology to address systemic challenges.”