India-based agritech innovator GROWiT has raised $3 million in a Series A funding round led by GVFL, along with contributions from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures, and Hyderabad Angels. This strategic infusion of capital will fuel the company’s expansion, upgrade its research and development ecosystem, and strengthen technology infrastructure to better serve farmers.
The startup intends to leverage the investment to grow its footprint in the domestic market, scale exports to Africa and emerging global markets, and enhance its suite of climate-smart agricultural tools. By focusing on affordable, tech-enabled, and sustainable solutions, GROWiT is positioning itself as a leader in making next-gen farming accessible for smallholder farmers across rural India and beyond.
Mihir Joshi, Managing Director at GVFL, remarked, “Agriculture in India continues to face a significant technology gap. GROWiT, with its extensive product innovation and national distribution network, is directly addressing these gaps. Their mission to empower farmers with cost-effective, sustainable solutions aligns with our investment focus. We believe GROWiT is well-positioned to lead the next phase of agri-innovation.”
Saurabh Agarwal, Founder and CEO of GROWiT, emphasized the urgent need for tech-led resilience in agriculture. “Climate change is redefining farming challenges. While a large portion of India relies on agriculture, the lack of affordable and accessible technology limits progress. At GROWiT, we are committed to transforming this narrative. Our innovations, like India’s First Pocket-Friendly Soil Health Testing Device, offer tailored crop recommendations and soil insights—empowering farmers to optimize productivity while reducing input costs.”
Agarwal added that GROWiT aims to become a one-stop platform for sustainable farming, with a vision to revolutionize agriculture by improving yields, lowering expenses, and promoting climate-resilient practices.
This funding milestone highlights investor confidence in agri-innovation and further cements GROWiT’s role as a key player in building tech-first, inclusive, and future-proof agricultural ecosystems.
Feature Your Startup on StartupbyDOC
Reach thousands of investors, founders & future customers