New Delhi-based Agritech startup Agro2o has raised undisclosed funding from Mumbai Angels Network.
Incubated by Electropreneur Park, Agro2o develops products focused on making hydroponics-based farming accessible to both small farmers and commercial institutions. The company has developed a Smart Garden that comes with intelligent nutrient dosing, water refill reminders, automated lighting, and watering & air quality detectors.
Over 50 different types of plants can be grown and monitor the growth of plants through Smartphones.
Speaking on the funding, Yash Vyas, Founder of Agro2o said, “We are delighted to partner with the MA network. With the world-changing, MA pitched in at the right time to support us in executing our vision to offer healthy and sustainable solutions for better living.”
In a statement issued, Rohit Pugalia, MA investor said, “With the rising awareness of eating fresh and healthy, every Urban Household would love to have a kitchen garden, but neither do they have enough space nor do they have time and expertise to maintain the same.”
“Agro2o is solving all these problems with one-of-a-kind flaunt-worthy, self-watering, and self-nutrient discharging Smart Garden. That makes it an ideal investment for our portfolio,” he said.
Adding to the statement, Nandini Mansinghka, Co-promoter & CEO of Mumbai Angels Network said, “We welcome Agro2o to our list of diversified portfolio companies. Breakthroughs in modern agri-technology to grow fresh and healthy veggies without any harmful chemicals, Argo2o has a clear potential to grow because we as consumers are always looking out for fresh and organic vegetables these days, we see growth in this sector in the coming years.”
