Bull Agritech, an agritech firm, has secured $100K in a pre-seed round, with startup accelerator PedalStart leading the way. Bull Agritech is a member of PedalStart’s current cohort, known as One-to-N, which enjoys the backing of venture capital funds.
In a press release, Bull Agritech announced that the funds will be directed towards the company’s expansion efforts, operational enhancements, and team development.
Founded in 2021 by Hit Desai and Divyajeet Chauhan, Bull Agritech plays a pivotal role in the agricultural supply chain market by facilitating direct connections between farmers and agri-commodity processors, offering comprehensive supply chain solutions.
Bull Agritech asserts that it has facilitated INR 25 crore worth of trades and digitally onboarded 15,000 farmers, underscoring their substantial growth and influence within just 18 months.
PedalStart specializes in nurturing founders as they develop their startup concepts, harnessing the expertise of former entrepreneurs, accomplished startup leaders, subject matter experts, and angel investors. With a portfolio encompassing over 10,000 startups, a network of more than 300 mentors, 800 founders actively shaping their ideas, and participation in over 1,200 house discussions, PedalStart asserts its track record in transforming ideas into high-potential businesses since 2021.
