Agritech Start-Up Bull Agritech Secures $1,00,000 Funding For Supply Chain Innovation

Agri-supply chain start-up Bull AgriTech has raised $1,00,000 funding from major infrastructure investors such as Akassh Patel and Nilesh Bhalala (founders, BuilditIndia), Shashin Patel (MD, SCC Infrastructure) and others. The company has raised a total of 1.5 crore in the last 4 months as part of the pre-seed round.  

The company said that the funds will be deployed for expanding into new regions and hiring top-tier talent. 

Speaking on the occasion, Hit Desai, founder, Bull Agritech, said, “We will be deploying the funds to expand into new regions, double the number of collection centers and broaden commodity portfolio. We will build scalable internal technology for efficient data analysis and onboard top-tier talent to drive operational efficiency and innovation. The current non-perishable agri-trade system is inefficient and outdated, costing farmers valuable income. We believe social technology holds the key to unlocking a new era of market access, price discovery, and logistical efficiency, directly benefiting farmers.” 

Reinforcing these views and elaborating on Bull AgriTech’s approach, Akassh Patel, CEO, BuilditIndia, “Bull Agritech has distinguished itself with its forward-thinking approach and exceptional vision for transforming the agricultural supply chain. We are deeply impressed by the dedication and ambition demonstrated by the founders, whose innovative model for oil seeds has already garnered significant acclaim.”   

The company claims to have facilitated trades worth 35 crores in the last 24 months, with over 6000 farmers choosing to sell their crops through Bull instead of relying on local APMCs.   

It has witnessed 200 per cent year-on-year growth, they are committed to sustaining 25 per cent month-on-month growth.