Agritech startup EekiFoods raises $2 Mn led by Avaana Capital

Agritech startup EekiFoods has raised $2 million from Avaana Capital. Existing investor Spectrum Impact, Kunal Shah, founder CRED; Ramakant Sharma, founder Livspace; Abhishek Kejriwal, founder Kutumb; and, Harsh Shah, Fynd founder, O2 Angels Network and Gopinath K, Eeki have also participated in this round.

The Kota-based startup will use the funds to expand its geographical presence, further technology development, increase the SKUs and onboard top talent.

Founded in December 2018 by Abhay Singh and Amit Kumar, EekiFoods grows high-quality, residue-free Indian staple vegetables through its patent-pending Plant Growth System.

The platform is partnering with corporates, HNIs, investors and local businesses to set up farms in Kota, Jaipur, on the outskirts of Mumbai-Pune, NCR and other cities.