Indian Economy News

Agritech startup raises Rs 29 cr from investors for growth and expansion

  • IBEF
  • April 28, 2022

Poshn, an agri-trading platform, announced on Wednesday that it has raised Rs. 28.8 crore (US$ 3.66 million) for expansion and future growth from investors including Prime Venture.

Poshn is a platform for wholesale distribution and financing of processed commodities. It allows buyers and sellers of agricultural commodities to transact online. It offers full stack services for commodity wholesale trading, making wholesale trading seamless. The startup has partnered with over 100 wholesalers across e-commerce, modern trade and general trade

The startup plans to use the new funds to expand and hire across tech and business functions. The startup has partnered with over 100 wholesalers across e-commerce, modern trade and general trade.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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