Agritech startup Grow Indigo has raised $10 million from British International Investment (BII), the UK’s development finance institution and impact investor.
The proceeds will be used to accelerate the expansion of Grow Indigo’s sustainability programs across India.
Grow Indigo promotes sustainable techniques such as direct seeded rice and no-tillage farming that deliver, enhanced soil health and reduced erosion, preserved biodiversity, improved water efficiency, and reduced manual labor, particularly benefiting women farmers
The company claims to have covered over 2.5 million acres of smallholder farmland already enrolled across 7 states.
Grow Indigo also partners with food and fashion companies to facilitate sustainable sourcing and reduce their supply chain emissions.
It has a presence across 16 states with over 2000 distribution partners and 600 feet on 600-foot-on-ground team offering products from seed treatment to harvest.