Agritech company Fasal raises $12 million in funding round

Of this, ₹10 crore is in the form of debt and the rest is an equity fundraise, said CEO Shailendra Tiwari.

ETMarkets.com
Bengaluru: Agritech startup Fasal on Friday said it has secured $12 million (about ₹100 crore) in a funding round led by TDK Ventures and British International Investment (BII), reports Supriya Roy. Of this, ₹10 crore is in the form of debt and the rest is an equity fundraise, said CEO Shailendra Tiwari. Other investors participating in the round included ITI Growth Opportunities Fund, Navam Capital, Aureolis Ventures and The Yield Labs Asia Pacific.

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