Agricultural machinery company Balwaan Krishi raises Rs 100 Cr in Series B round
Balwaan Krishi said around 86% of Indian farmers are small and marginal farmers cultivating less than two hectares. Its product portfolio is priced between Rs 10,000 and
Via Entrackr
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"Agricultural machinery company Balwaan Krishi has raised Rs 100 crore in a Series B funding round led by First Bridge India Growth Fund Private Equity, with participation from other institutional investors. The Jaipur-based company had earlier raised $2 million in a pre-Series A round led by Caspian Leap for Agriculture Fund, with participation from angels including Deepak Agarwal, Rishab Jain and Pulkit Bachhawat in May 2023. The fresh capital will be used to expand domestic manufacturing capacity, strengthen dealer and…
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