KisaanSay raises Rs 34 crore from NABVENTURES others

New Delhi, Apr 7 (PTI) Food startup KisaanSay has raised Rs 34 crore from Investors, including NABVENTURES and senior industry leaders to expand its business.
     Founded by Nitin Puri, Vaishali Mehta & Manoj Karki, KisaanSay offers consumers a range of single origin food products.
     In a statement on Tuesday, the company said it has closed a Rs 34 crore funding round led by NABVENTURES through the AgriSURE Fund (Agri Fund for Startups & Rural Enterprises).
     The round also saw participation from senior industry leaders.
     KissanSay will use funds to scale its distribution, marketing & brand-building efforts, further strengthen the team and deploy a full-stack technology infrastructure.
     Nitin Puri, Founder, KisaanSay, said, "Coupled with NABARD's extensive internal ecosystem of credit, market access, infrastructure support & farmer institution-building, this partnership with NABVENTURES gives us a tremendous advantage in expanding KisaanSay's supply-side footprint across the country."
     This partnership will enable us to accelerate growth, deepen farmer engagement, and deliver high-quality, traceable food products to consumers at scale, he added.
     With a portfolio of over 100 SKUs spanning 12 categories, KisaanSay operates through a co-brand/ co-profit partnership with 25 farmer enterprises comprising 50,000 farmers across 9 states.

(This story has not been edited by THE WEEK and is auto-generated from PTI)