RML AgTech Raises $4M in Funding

RML AgTech, a Mumbai, India-based provider of agritech solutions, raised $4m in funding.

IvyCap Ventures made the investment.

The company intends to use the funds to strengthen its IT infrastructure and to add new products and features to its current offerings.

Led by Mr. Rajiv Tevtiya, Managing Partner & CEO, RML AgTech provides customized smart farming solutions to enhance crop productivity. The company’s app-based solutions can be used in every stage of farming, starting from soil testing, what to grow, how to grow, where and when to sell for agriculturists.
The solution is accessible via smartphones in a personalized way complemented with multiple languages and on-call service.

RML is currently present in 16 states in India.

FinSMEs

26/01/2017

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