Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><keyword id="10181413" type="General" weightage="100" keywordseo="bharatagri" source="Orion">BharatAgri</keyword> is a startup that serves farmers in India with customised crop advisory calendars and is also an ecommerce platform.</li><li>Other than Arkam, the latest capital raise round also saw participation from Capria Ventures and existing investors India Quotient, 021 Capital and Omnivore.</li><li>The company has built prediction algorithms that provide advisory customised to crops, region and climatic changes. </li></ul> In every market cycle, select sectors attract more capital as they tend to promise higher growth in the future. After the mega funding boom that platform and online commerce saw, agritech and manufacturing are new boom sectors for private investors now. BharatAgri, an advisory led ecommerce platform for farmers, on Thursday announced that it had raised <keyword id="6793689" type="General" weightage="20" keywordseo="series-a-funding" source="Orion">Series A funding</keyword> of ₹35 crore ($4.3mn) led by <keyword id="9361494" type="General" weightage="60" keywordseo="arkam-ventures" source="Orion">Arkam Ventures</keyword>, India’s first early-stage venture fund dedicated to Middle-India startups. Agritech startups are playing a key role in leading the charge when it comes to innovation in the farm sector as they are riddled with inefficiencies. BharatAgri is a leading agri-tech company in India. It is solving the problem of low production and low income from Indian farms. Lack of scientific knowledge and access to affordable crop-inputs at the farm level is the core reason for this problem. BharatAgri is an advisory driven crop-input e-commerce platform for farmers. Farmers get personalised scientific crop calendars for their respective farms that give them real time guidance about how to grow the crop. The company has built prediction algorithms that provide advisory customised to crops, region and climatic changes. Farmers can access this custom advisory that would help them increase farm yield, lower input costs and labour effort. Its ecommerce platform offers 10000+ agricultural products such as fertilisers, seeds, pesticides, insecticides, farming equipment, among others and is delivered pan-India across 20,000 + pin codes. The seamless integration of advisory and ecommerce will enable BharatAgri to increase farmers’ production by 30%, reduce cost by 10% and improve their earning by 100%. Commenting on the fund raise, Siddharth Dialani, Cofounder, BharatAgri said, “In the next 3 years, 50 million+ farmers will use the internet for the first time and we want BharatAgri to be their bridge to the digital era of agri that is now dawning. With 10L+ unique monthly users, 10k+ SKUs, 100+ marketplace partners and 20k+ serviceable pin codes, BharatAgri is making a significant impact on farmers' lives. With this investment, BharatAgri aims to further strengthen its rural supply chain, expand the user base and become the largest and the de facto e-commerce platform for farmers.” The latest round of funding marks Arkam’s third investment in the agri-tech space, furthering its commitment to support builders of Bharat. The round also saw participation from Capria Ventures and existing investors, India Quotient, 021 Capital, and Omnivore. The funds will be used to scale BharatAgri’s ecommerce platform into new geographies and strengthen its last-mile delivery. Rahul Chandra, MD, Arkam Ventures will join the board of the agritech startup. Arkam Ventures is also an investor in Jai Kisan, one of India’s fastest growing rural fintech platforms for farmers and retailers, and Jumbotail, India’s leading B2B food &amp; grocery marketplace and retail platform. Digitisation of the fragmented Indian agri industry is one of the key themes under Arkam’s Middle-India thesis. The fund has been consistently backing early-movers and market winners that are empowering farmers and strengthening the agri-value chain with technology. Talking about the latest investment in BharatAgri, Rahul Chandra, MD, Arkam Ventures said, “Agri inputs is a $44B market in India and suffers from stock outs, misinformation and non-scientific usage behaviour. The quintessential Indian farmer is now seeking digital information and is concerned with farm yields, crop as well as personal safety and household wealth. BharatAgri is a fantastic combination of custom advice and ready assortment of products - reducing confusion around usage of chemical products and giving fastest access to the best quality agri brands.” About BharatAgri Headquartered in Bangalore, BharatAgri is a leading agri-tech company in India. It is solving the problem of low production and low income from Indian farms. Lack of scientific knowledge and access to affordable crop-inputs at the farm level is the core reason for this problem. BharatAgri is an advisory driven crop-input e-commerce platform for farmers. Farmers get personalised scientific crop calendars for their farm, which gives them real time guidance about how to grow the crop. The guidance includes selection of right seeds, fertilisers and pesticides which farmers can buy from the platform. It currently serves more than 20k pincodes and is expanding rapidly to other remote parts of the country. BharatAgri is backed by Arkam Ventures, India Quotient, 021 Capital, Capria Ventures and Omnivore. About Arkam Ventures Started in 2020 by two seasoned venture capitalists, Rahul Chandra (formerly - Co-founder &amp; MD, Helion Venture Partners) and Bala Srinivasa (formerly partner at Kalaari Capital), Arkam is a pioneer in investing in the massive Middle India opportunity. Unlike its predecessors and peers who have largely backed start-ups serving the top of the pyramid, Arkam backs a new generation of founders focused on building tech-led solutions for the next 400 million Indians. From its USD 106 million Fund 1, Arkam has invested in Middle India opportunities across financial services, skilling, food, <keyword id="6355165" type="General" weightage="50" keywordseo="agriculture" source="Orion">agriculture</keyword>, mobility, healthcare and SaaS. Its portfolio currently consists of 16 new-age companies, including fintech firms such as Jar , and Kreditbee, Food/Agritech companies like Jai-Kisan and Jumbotail, Skilling companies like Smartstaff and Cusmat as well as SaaS companies like Spotdraft and Signzy. The fund recently launched its second fund with a target size of USD 180 Mn. It will continue to focus on existing sectors such as financial services, skilling, food, agriculture, healthcare, mobility, and SaaS as well as identify category leaders in promising areas like Manufacturing Tech and EVs.

BharatAgri raises ₹35 crore in Series A funding led by Arkam Ventures

<ul><li>SpotDraft recently raised $1.5 million in a pre-series A from Binny Bansal’s 021 Capital, Freshworks CEO Girish Mathrubootham, among others. </li><li>The legal tech startup offers contract creation, management and analysis. </li><li>Indian unicorn entrepreneurs are turning into investors with a purpose – to help startups scale. </li></ul>A small Indian legal tech startup has been able to do what many early-stage entrepreneurs only dream of. SpotDraft has recently raised $1.5 million in a pre-series A round from Binny Bansal’s 021 Capital and several marquee investors like Girish Mathrubootham (Freshworks), Peeyush Ranjan (VP Engineering, Google Inc – former CTO Flipkart) and Indus Khaitan (Chief of Growth, Chargebee) among others. SpotDraft, which started off as an online platform to help people create contracts and automate their invoices, has evolved to offer contract creation, contract management and contract analysis. For example, it claims it helps businesses create a solid legally-binding contract, which they can negotiate and explore online. Its Machine Learning and Artificial Intelligence-enabled services allow them to share with entrepreneurs the good, bad and ugly aspects about the contract. It can quickly help identify compliant and non-compliant clauses of a contract. Shashank Bijapur, CEO and co-founder, SpotDraft spoke to Business Insider to spill the secrets on how they convinced the marquee investors to place their bets on a startup which is just about two years old. According to Bijapur, what worked for them was the value proposition of the business. “At a high level, the problem statement and solution were very clear. Legal as a problem is ripe for disruption making way for complete automation of legal processes that a business has to undergo,” he said. Legal paperwork is one of the many hurdles that businesses and entrepreneurs face, especially in a market like India where these tend to be time-consuming. Compliance is also increasingly becoming an important exercise, as regulations become more complex. It also helped that Bijapur, a Harvard law grad and Wall Street lawyer and his co-founder Madhav Bhagat, a Carnegie Mellon graduate and Google, New York employee, had their background to vouch for them as well. With the funds raised from this round, it is looking to focus on growth in terms of team, sales and development. In the near future, it plans to expand geographies to Europe, US and Middle East, while also looking to grow revenue 10X over the next 12-14 months. The investment is also the latest example of Indian unicorn founders turning into evangelists for startups in the country, through mentoring and investments. Many aren’t just looking at being moneybags but also contribute to the success of other startups. “As founders, the access to capital may not have been as difficult as finding the right people for your business – people who can take us from 0 to 1. The value that these investors brought on board is immense and even before we were given the term sheet, we were introduced to half a dozen clients,” said Bijapur. Currently, the startup has over a dozen multi-national corporations as well as 1,000 SMEs as customers. Among its customers include Wipro, Goodtimes and The Circle, according to the company’s web site. See Also: <a href="https://www.businessinsider.in/indias-two-startup-icons-switch-to-the-other-side-as-venture-capitalists/articleshow/67420444.cms">India’s two startup icons switch to the other side — as venture capitalists</a> <a href="https://www.businessinsider.in/angel-tax-startup-definition-changed-exemption-up-to-25-crore/articleshow/68063050.cms">Indian government finally comes to a decision on Angel Tax, changes definition of startups</a> <a href="https://www.businessinsider.in/for-indian-startups-2018-has-been-a-year-of-bouncing-back-as-venture-capital-funding-doubles/articleshow/67286540.cms">For Indian startups, 2018 has been a year of bouncing back as venture capital funding doubles</a>

Why India’s Unicorn founders backed this barely two-year-old legal tech startup

<ul><li>With Fund II, Arkam Ventures intends to maintain its strategy of creating a focused portfolio based on well-defined investment theses. </li><li>Fund II aims to construct a portfolio consisting of 20 technology <keyword id="428085" type="General" weightage="20" keywordseo="start-ups" source="Orion">start-ups</keyword>. </li><li>The firm also plans seeking out potential category leaders in emerging domains such as manufacturing tech and electric vehicles (EVs). </li></ul>Arkam Ventures, an <keyword id="1397791" type="General" weightage="20" keywordseo="early-stage" source="Orion">early-stage</keyword> <keyword id="17820987" type="General" weightage="20" keywordseo="technology-venture-capital" source="Orion">technology venture capital</keyword> fund, has announced the launch of its Fund II, aiming to raise $180 million. With this new fund, Arkam Ventures intends to maintain its strategy of creating a focused portfolio based on well-defined investment theses. The firm plans to further explore its current sectors of interest while also seeking out potential category leaders in emerging domains such as manufacturing tech, and EVs. The firm will continue its emphasis on financial services, skill development, food, agriculture, healthcare, mobility, and <keyword id="753967" type="General" weightage="20" keywordseo="software-as-a-service" source="Orion">Software-as-a-Service</keyword> (SaaS) ventures, in the area of middle-India digitisation. Fund II will aim to construct a portfolio consisting of 20 technology startups. The limited partner (LP) base for this fund will be composed of global institutional investors, and family offices. Notably, Arkam's previous Fund I had attracted investors such as British International Investment, SIDBI, Evolvence, Quilvest, US institutional investors, and significant family offices. Arkam Ventures, established in 2020 by venture capitalists Rahul Chandra, and Bala Srinivasa, focuses on investing in the significant <keyword id="3525881" type="General" weightage="20" keywordseo="middle-india" source="Orion">middle India</keyword> market. In contrast to many other investors who primarily support startups catering to the affluent population, Arkam focuses on a new generation of founders dedicated to developing technology-driven solutions. These startups perceive an opportunity to leverage digital platforms, and India's digital infrastructure (such as UPI, eKYC, and Aadhaar) along with the accelerated digital adoption caused by the Covid-19 pandemic. They aim to transform the delivery of essential products and services, making them more accessible, efficient, and affordable. Through its initial Fund 1, valued at USD 106 million, Arkam has assessed prospects in sectors including financial services, skill development, food, agriculture, mobility, healthcare, and Software-as-a-Service (SaaS). Its portfolio currently comprises 16 innovative companies, including fintech firms like Jar and Kreditbee, food/agritech companies like Jai-Kisan and Jumbotail, skill development companies like Smartstaff and Cusmat, as well as SaaS companies like Spotdraft and Signzy. Says Rahul Chandra, Managing Director, Arkam, “Six of Arkam's Fund I investments are already leaders in their respective categories. They are redesigning markets with a tech-based business model and scaling rapidly to serve hundreds of millions of customers. We believe the middle India digitisation and SaaS opportunity will lead to the creation of 100 new mega businesses over the next decade.” Arkam plans to utilise Fund II to invest a greater amount of capital, and support its most promising founders, and companies during subsequent funding rounds. Additionally, the fund aims to enhance its portfolio advisory services, specifically concentrating on areas such as organisational structure, go-to-market strategies, and finance and operational aspects.

Tapping early-stage tech companies – Arkam Ventures announces launch of $180 million fund

<ul><li>Premji Foundation, <keyword id="6364080" type="PERSON" weightage="20" keywordseo="binny-bansal">Binny Bansal</keyword> along with SIDBI have led an investment of ₹960 crore in venture debt fund <keyword id="4844054" type="PERSON" weightage="20" keywordseo="Alteria-Capital">Alteria Capital</keyword>. </li><li>This makes Alteria Capital the largest venture debt fund in India. </li><li>Alteria invested in <keyword id="6362513" type="UNKNOWN" weightage="20" keywordseo="startups">startups</keyword> like Dunzo, Vogo, Stanza Living, toppr among others.</li></ul>Former Wipro Chairman <keyword id="6419840" type="UNKNOWN" weightage="20" keywordseo="Azim-Premji">Azim Premji</keyword>’s Premji Foundation, Flipkart co-founder Binny Bansal along with SIDBI,invested ₹960 crore in the venture debt fund, <a href="https://timesofindia.indiatimes.com/business/india-business/premjis-ngo-bansal-put-rs-960cr-in-venture-debt-co/articleshow/70424468.cms">Alteria Capital</a>. This investment has made Alteria Capital the biggest venture debt fund in the country. According to reports, it is also SIDBI’s single largest investment, as the government nodal agency pumped in as much as ₹160 crore. Alteria Capital was founded by Ajay Hattangdi and Vinod Murali who had earlier led Innoven Capital. The firm has so far invested in hyperlocal delivery startup Dunzo, electric bike startup Vogo, student accommodation startup Stanza Living among others. The firm also placed its bets on cricketer Virat Kohli’s apparel brand Wrogn. Meanwhile, ace entrepreneur and investor Binny Bansal has been on an investment spree. In July, he invested in fashion designer Masaba Gupta’s brand. In June, Bansal sold some of his shares in Flipkart for $76.4 million, according to filings sourced by paper.vc. That leaves him with a residual share of 3.52% in the company he co-founded. He made personal investments too, like in insurtech startup Acko and legal startup Spotdraft amongst others. Interestingly, earlier Bansal for his own fund had raised money from his co-investor in the round for Alteria Capital – Premji Foundation. Bansal formed 021 Capital with his financial adviser Sailesh Tulshan for which he had raised $32 million from Premji Foundation and a few former Flipkart colleagues.

Azim Premji, Binny Bansal join government’s startup fund to invest in Alteria Capital

As an opening batter, success in the field of cricket depends on the player's ability to take calculated risks and adapt to unpredictable situations. Strategic decision-making and being quick on one’s feet are crucial skills on the field, and such traits often tend to stay with you for much longer, even after one retires. These skills are often crucial in the world of business as well, especially in the <keyword id="20572668" type="General" weightage="20" keywordseo="start-up-ecosystem" source="keywords">start-up ecosystem</keyword>. There’s no better example of living and playing fearlessly at the top of the batting line for India than the legendary cricketer <keyword id="19948118" type="General" weightage="100" keywordseo="Virender-Sehwag" source="keywords">Virender Sehwag</keyword>. Known for his fearless approach on the pitch, he is now channelling that same boldness into the business world. In a move that has caught the attention of both cricket fans and India’s start-ups alike, Sehwag has made a <keyword id="21547961" type="General" weightage="20" keywordseo="strategic-investment" source="keywords">strategic investment</keyword> in <keyword id="22948354" type="General" weightage="20" keywordseo="T9L-QUBE" source="keywords" meta.keywordsubtype="org" meta.entityname="T9L QUBE" meta.hostid="261" meta.entityid="T9L QUBE">T9L QUBE</keyword>, one of India’s foremost venture builders. Sehwag's investment is also indicative of the broader trend of growing interest in India's venture sector. According to GlobalData, India's startup ecosystem experienced a remarkable rise in venture capital (VC) funding from January to July 2024, with 672 deals securing $6.3 billion, compared to $4.4 billion last year same time — a substantial 42.1% year-on-year (YoY) increase in funding value. This surge in funding reflects strong investor confidence in India's emerging startups, even in the face of cautious global market conditions. <h2>Sehwag bats for future <keyword id="20041662" type="General" weightage="20" keywordseo="entrepreneurs" source="keywords">entrepreneurs</keyword></h2>This investment marks Sehwag's serious entry into the fast-evolving Indian startup ecosystem, reflecting his belief in innovation and his commitment to nurturing the next wave of Indian entrepreneurs. “Investing with T9L Qube is an opportunity to pay forward the support I once received in my professional career, and I aim to help future entrepreneurs get similar support. For me, T9L QUBE embodies the spirit of my coach—one who spots raw talent, believes in unconventional approaches, and provides steadfast support, making it the ideal platform for my foray into the <keyword id="22732790" type="General" weightage="20" keywordseo="startup-world" source="keywords">startup world</keyword>. I see them as the 3rd Co-Founder,” said Sehwag in a statement. Co-founded by Fahad Moti Khan and Gaurav Gaggar, T9L QUBE has quickly established itself as a powerhouse in India’s venture-building landscape. Unlike traditional accelerators that focus heavily on pedigree and conventional success metrics, this firm claims to zero in on the potential of founders with bold, unorthodox ideas. The studio’s unique approach, which includes a playbook-driven methodology for building and scaling startups, has been pivotal in reducing the typical failure rates associated with new ventures. This innovative approach has already borne fruit, with T9L QUBE playing a significant role in the success of several notable startups, including Docquity, SpotDraft, Adda52, and NirogStreet, among others. These emerging new start-ups have further boosted the studio's reputation as a promising <keyword id="22948353" type="General" weightage="20" keywordseo="venture-builder" source="keywords">venture builder</keyword>. While Sehwag is celebrated for his explosive batting that redefined Indian cricket in the 2000s, his off-field ventures have also demonstrated a keen business acumen. Over the years, he has diversified his interests, from education to hospitality, showing a growing inclination toward the startup world. His latest investment in T9L QUBE is portrayed as a testament to his desire to mentor and support budding entrepreneurs, much like how his coach nurtured his own cricketing talent. As the startup ecosystem in India continues to expand, with increasing support from investors both domestic and international, the opportunities for innovation are immense. This sector has become a fertile ground for entrepreneurs with disruptive ideas, and Sehwag’s involvement adds a high-profile endorsement to the burgeoning ecosystem. <div type="Article" hostid="261" msid="112755809" title="Veteran India opener Shikhar Dhawan announces retirement, says &amp;#39;I have peace in my heart&amp;#39;" mstype="2" mssubtype="0"><payload><![CDATA[seealso]]></payload></div> <div type="Article" hostid="261" msid="112858336" title="First 7 months of FY25 see significant surge in VC funding to India&amp;#39;s startups: GlobalData" mstype="2" mssubtype="0"><payload><![CDATA[seealso]]></payload></div>

Fearless Virender Sehwag aims to back bold entrepreneurs through his strategic investment in a major venture builder

<ul><li><keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword>’s <keyword id="6364080" type="PERSON" weightage="20" keywordseo="binny-bansal">Binny Bansal</keyword> has led a $1 million funding in <keyword id="121020" type="PERSON" weightage="20" keywordseo="Masaba-Gupta">Masaba Gupta</keyword>’s designer brand. </li><li>Masaba has been in business for 10 years but has raised her first round of investment now. </li><li>In June 2019, Bansal had sold a part of his shares in Flipkart for $76.4 million.</li></ul>Flipkart founder Binny Bansal invested in popular designer Masaba Gupta’s fashion label. Masaba – as the apparel brand is called – has raised $1 million in its first round of funding led by Bansal. “After being in the fashion business for 10 years, it was the right time to bring institutional investors on board,” said Masaba Gupta <a href="https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/masabas-label-raises-1m-in-round-led-by-binny-bansal/articleshow/70136565.cms">in a statement. </a> She started her own fashion label in 2009, but is now eyeing expansion. She wants to grow the number of her stores from 11 to <a href="https://www.livemint.com/mint-lounge/features/masaba-celebrates-10-years-in-fashion-1555061308393.html">50 in India and abroad. </a> She recently unveiled an official Game of Thrones collection. “Masaba has been able to create a great brand backed by her unique designs. She is one of the youngest designers to do so and I believe she is just getting started on building a great business,” said Bansal. Ever since he exited the company he founded, Bansal has been busy investing into startups and turned into a full-time investor. In June, Bansal had sold a part of his shares in Flipkart for $76.4 million, according to filings sourced by paper.vc. Now, Bansal has a residual share of 3.52% in the company. In January 2019, Bansal closed the first round of $32 million for his VC fund called ‘021 Capital’ which he had formed with Sailesh Tulshan, his financial adviser. The former Flipkart Group CEO had raised a round from Premji Foundation also from a few former colleagues from Flipkart. He had made personal investments too, like in insurtech startup Acko and legal startup Spotdraft amongst others. See Also: <a href="https://www.businessinsider.in/flipkart-ipo-in-us-binny-bansal-sells-stake-to-walmart/articleshow/69924275.cms">Flipkart’s IPO in the US could see Walmart exit, Binny Bansal has already begun cashing himself out</a>

Binny Bansal leads an investment in fashion designer Masaba Gupta’s label

<ul><li><keyword id="7321744" type="UNKNOWN" weightage="20" keywordseo="Flipkart-co-founder-Binny-Bansal">Flipkart co-founder Binny Bansal</keyword> cashed out a part of his shares by selling them to investment firm Tiger Global. </li><li>With this, Tiger Global increases its stake in <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword>.</li><li>Meanwhile, Bansal has been actively investing in Indian startups.</li></ul>Flipkart’s co-founder <keyword id="6364080" type="PERSON" weightage="20" keywordseo="binny-bansal">Binny Bansal</keyword> sold another tranche of his shares in Flipkart to Tiger Global for over $14 million, according to filings sourced by paper.vc. However, the report also says that given Flipkart’s subsidiary company Phonepe’s growth, the company’s valuation could have risen. It means Bansal’s buyout could be worth $25 million. His stake in the company will be as a little as 3%, after the deal. Flipkart was also in the news recently as its board gave approval for its employees to cash out stock options for over $100 million. Employees could liquidate 10% of their stock options in the company. In June 2019, rumours were rife that <keyword id="80487" type="COMPANY" weightage="20" keywordseo="walmart">Walmart</keyword> is looking to exit from Flipkart as the latter heads for an IPO in the US. It was then that Bansal had sold some of his shares. Bansal, who had exited from all operational roles in the company over allegations of personal misconduct, sold a part of his shares for $76.4 million, according to filings sourced by paper.vc. During the sale of Flipkart to Walmart in 2018, Bansal made as much as $159 million by selling over 1.1 million shares. Cashing out for investments Since his Flipkart exit, Bansal turned into a full-time investor. In January this year, Binny Bansal had closed the first round of $32 million for his VC fund called ‘021 Capital’ which he formed with Sailesh Tulshan, his financial adviser. The former Flipkart Group CEO also raised a round from Premji Foundation and is also backed by former Flipkart employees. Since then, he has made personal bets like in Masaba Gupta’s fashion label, insurtech startup Acko and legal startup Spotdraft amongst others.

You Searched For "SpotDraft funding" and got 7 results

BharatAgri raises ₹35 crore in Series A funding led by Arkam Ventures

BI India Bureau

Why India’s Unicorn founders backed this barely two-year-old legal tech startup

Sanchita Dash

Tapping early-stage tech companies – Arkam Ventures announces launch of $180 million fund

Anagh Pal

Azim Premji, Binny Bansal join government’s startup fund to invest in Alteria Capital

Sanchita Dash

Fearless Virender Sehwag aims to back bold entrepreneurs through his strategic investment in a major venture builder

Deekshith Pinto

Binny Bansal leads an investment in fashion designer Masaba Gupta’s label

Sanchita Dash

Binny Bansal sells his shares in Flipkart for the third time since Walmart’s entry

Sanchita Dash

Popular Keywords

Buying Guides