Agritech startup GROWiT raises $3 million in funding round led by GVFL

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PTILast Updated: May 28, 2025, 03:31:00 PM IST

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Agritech startup GROWiT India raised $3 million in a round led by GVFL, with participation from several investors. The funds will support expansion, enhance R&D, and improve technology infrastructure. CEO Saurabh Agarwal emphasised using technology to tackle climate challenges and promote sustainable, cost-effective farming for increased yields.

Agritech startup GROWiT raises USD 3 mn in funding round led by GVFL — Saurabh Agarwal, CEO, GROWiT

Agritech startup GROWiT India on Wednesday said it has raised $3 million in a funding round led by GVFL. The funding round also saw participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures and Hyderabad Angels, the company said in a statement.

The funds raised will be directed towards GROWiT's aggressive expansion plans, deepening its R&D capabilities, and strengthening its technology infrastructure to serve farmers more effectively.

"With climate change emerging as a huge challenge in the agriculture sector, it is essential that we build resilience with the help of technology.

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"GROWiT aims to transform agriculture by increasing yields, cutting input costs, and driving sustainable farming, positioning us as a comprehensive, one-stop solution for farmers," GROWiT founder and CEO Saurabh Agarwal added.