- Spherical additionally noticed participation from Veloce Alternatives Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures andHyderabad Angels
- Surat-based GROWiT is a soil-to-harvest agritech options startup with India presence and ambition to scale throughout Africa and different rising markets.
- The funds raised will probably be strategically deployed in the direction of GROWiT’s aggressive growth plans, deepening its R&D capabilities, and strengthening its know-how infrastructure
- GROWiT has grown at 50 – 60% CAGR over the past three years. With this new spherical of funding, the corporate goals to speed up its progress trajectory exponentially within the coming interval
- GROWiT has to this point empowered over 2,25,000 farmers with modern, sustainable, and inexpensive farming applied sciences
- GVFL focuses on funding climate-tech, round financial system, and social influence startups and to this point has 125+ investments throughout main startup hubs in India.
Surat, twenty eighth Could 2025: Protecting farming Agritech startup GROWiT India has raised $3 million in a Collection A funding spherical led by GVFL, with participation from Veloce Alternatives Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures and Hyderabad Angels. The funds raised will probably be directed in the direction of GROWiT’s aggressive growth plans, deepening its R&D capabilities, and strengthening its know-how infrastructure to serve farmers extra successfully.
With the present funding, GROWiT plans to enhance home market penetration and develop into worldwide markets by scaling exports to Africa and different rising markets while persevering with to innovate round sustainable, climate-resilient agriculture options which can be inexpensive and accessible to smallholder farmers.
Mihir Joshi, Managing Director, GVFL, mentioned, “Agriculture in India nonetheless lags behind by way of technological developments. GrowiT has a big innovation product portfolio and pan India distribution channel. They’re serving to farmers develop extra and earn higher by specializing in fixing these key issues at an inexpensive price and straightforward accessibility. They’re making climate-friendly, sustainable farming strategies extra inexpensive and efficient. As a fund, this can be a key focus space for us and we see GROWiT as a robust participant rising on this phase.”
Saurabh Agarwal, Founder & CEO, GROWiT says, “With local weather change rising as an enormous problem within the agriculture sector, it’s important that we construct resilience with the assistance of know-how. Majority of India nonetheless relies on agriculture nonetheless the sector remains to be starved of know-how on account of it being inaccessible or too costly. At GROWiT, our dedication is in the direction of creating sustainable agriculture with optimization of productiveness by making accessible inexpensive instruments like India’s First Pocket-Pleasant Soil Well being Testing Gadget, which supplies soil composition insights and crop suggestions tailor-made to soil varieties. GROWiT goals to rework agriculture by rising yields, reducing enter prices, and driving sustainable farming, positioning us as a complete, one-stop answer for farmers.”
GROWiT has launched India’s First Pocket-Pleasant Soil Testing Gadget in April 2025, which obtained an encouraging response from farmers and agri-partners. Different marquee merchandise embrace Mulch Movies, Crop Covers, Weed Mats, and extra, are designed to optimize crop safety and enhance agricultural productiveness whereas selling sustainable practices.
With over 650+ on-ground franchise networks, their geographic footprint now covers 12 states and has over 2,25,000 farmers benefiting from their services.
GROWiT’s success is fuelled by a convergence of modern know-how, sustainable agricultural practices, and rising consciousness amongst farmers. Because the farming group more and more embraces trendy strategies, the demand for superior protecting options grows, as seen by areas which have built-in such applied sciences report yield enhancements between 40 – 60% and in some circumstances even 100% yield enhance has additionally been witnessed. The corporate’s intensive discipline engagement and research-backed method be certain that its choices are finely tuned to deal with the dynamic wants of as we speak’s agriculture, setting a brand new benchmark in operational effectivity.
The Indian agritech market is projected to succeed in USD 30–35 billion by 2027. With over 120 million farmers and a push in the direction of integrating know-how within the sector, GROWiT is well-positioned to capitalize on this progress by providing modern options that tackle the actual challenges confronted by farmers.
About GROWiT:
GROWiT India Pvt Ltd, based in 2020, is a pioneer agritech firm offering Soil-to-Harvest options. With a robust presence throughout 12 states and a quickly rising community of 650+ franchise shops, GROWiT has empowered over 225,000 farmers with modern, sustainable, and inexpensive farming applied sciences. GROWiT goals to double India’s farm output by 2030 by empowering farmers with modern, sustainable, and inexpensive options that enhance productiveness and promote climate-resilient agriculture.
About GVFL:
GVFL (Gujarat Enterprise Finance Restricted) is a Ahmedabad, Gujarat based mostly Enterprise Capital Fund primarily targeted on funding climate-tech, round financial system, and social influence startups. With over 125 + whole investments and 75 + profitable exits, GVFL has been instrumental in nurturing and scaling modern startups throughout varied sectors. GVFL has a various portfolio, investing in sectors reminiscent of agritech, healthtech, fintech, deep tech, clear tech, protection tech, enterprise tech, and shopper manufacturers.
