Matrix Partners leads a $ 10 million round at FarMart

Matrix Partners leads a $ 10 million round at FarMart

FarMart, a SaaS-led food delivery platform, has raised $ 10 million in a funding round led by Matrix Partners India. Innoven Capital and the existing investors Omidyar Network India, Avaana Capital and 500 startups have also joined the round.

The new round comes shortly after four months, when the Agritech startup collected a pre-series A round for $ 2.4 million in June 2021.

According to the Gurugram-based startup, the funds will be used to expand its distribution network across the country, scale product capacities and expand the team.

Read More Matrix Partners leads $ 10M round at FarMart at Trickypedia.

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