# Farmart Service Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/farmart-service-private

- Industry: Internet
- Headquarters: Gurugram, India
- Website: www.farmart.co
- Total disclosed funding: $51M
- Latest round: Series C (Apr 23, 2025)
- Investors on record: 10

## About

Based in Haryana, India, and founded in 2015, by Alekh Sanghera (CEO) and Mehtab Singh (CPO), Farmart Services Pvt. Ltd. is a business-to-business food supply platform that has a vast retailer network across the country that offers farmers access to their agricultural equipment with retailers. As of July 2022, the firm works with 60,000 retailers and 1,400,000 farmers. In May 2024, Farmart Service Private Limited raised INR 240 million in venture funding from new investor responsAbility.

The company offers a mobile-based platform for Agri retailers that helps them to expand their business by connecting with new farmers and to keep updated regarding the agricultural news, government schemes, and best crop practices also create a digital database of customers, provides weather forecast, provides marketing information on inventory and pricing.

The company will use the funding to improve its supply chain management.

## Funding rounds

- Series C, Apr 23, 2025, $5.2M — Z47
- Series B, Mar 30, 2022, $32M — General Catalyst Partners, Omidyar Network, Z47
- Series A, Oct 21, 2021, $10M — 500 Global, Omidyar Network, InnoVen Capital, OFB Tech Private Limited, Z47, Avaana Capital
- Seed, Feb 15, 2021, $3.1M — 500 Global, Indian Angel Network, Omidyar Network, LVX, Avaana Capital
- Series A, Feb 20, 2018, $0.1M — Pragnya Advisors, Indian Angel Network
- Series A, Apr 1, 2017, $0.1M — Pragnya Advisors, Indian Angel Network

## Investors

- Pragnya Advisors — Series A
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A, Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Seed, Series A, Series B
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Avaana Capital (https://capitalatlas.ai/funds/avaana-capital) — Seed, Series A
- InnoVen Capital — Series A
- OFB Tech Private Limited — Series A
- Z47 (https://capitalatlas.ai/funds/z47) — Series A, Series B, Series C
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B
