VeGrow has raised $2.5 million in seed funding led by Matrix Partners and Ankur Capital, as the aggregator of small farms looks to bring economies of scale to Indian farmers using technology. Better Capital, Titan Capital, Sanjiv Rangrass, CEO of ITC’s agri business, Cloudnine founder Rohit MA, Livspace founder Ramakant Sharma, and Park+ founder Amit Lakhotia, also participated in the funding round.

— The Economic Times

Sahai & Co advised Chifu Agritech Private Limited (VeGrow) led by a team of partner Savyasachi K Sahai.

Rajaram Legal acted for Matrix Partners in the deal led by partner Prasad S and associate Vibhu Khanna.

Ankur Capital was advised by its in house legal team.

2020-07-21

Deal value: Approx USD 2.5 Million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.