Avendus Capital advises Vegrow on its USD 46 mn funding round

Vegrow is the fastest agri-tech company to build a national presence, having done this within three years of its inception. Typically, it takes double the time to achieve this scale of operations.

At Vegrow, we distinguish ourselves from conventional operations by creating an organizational ethos centered on agility and experimentation. Through the extensive utilization of data and technology, we provide valuable insights and optimize supply chain challenges, such as reducing perishable inventory wastage to only one-fourth of industry average, and consistently achieving industry-leading profit margins.

At Vegrow, we distinguish ourselves from conventional operations by creating an organizational ethos centered on agility and experimentation. Through the extensive utilization of data and technology, we provide valuable insights and optimize supply chain Vegrow is committed to making a positive impact for both farmers and the planet. Our ambition is to establish ourselves as the undisputed leader in every fruit category, ensuring transparency and higher income for farmers, while also reducing carbon consumption through supply chain optimization. We are grateful for the continued support from our existing investors. As we focus on long-term institutional development and enhancing value for all stakeholders, we are excited for what the future holds.challenges, such as reducing perishable inventory wastage to only one-fourth of industry average, and consistently achieving industry-leading profit margins.

We are extremely proud to partner with Vegrow in their journey as they build India’s largest multi-category B2B fruits marketplace to organize an inefficient, fragmented and localized supply chain by leveraging technology and pan-India sourcing and distribution. They are helping both the farmers by increasing their incomes and the demand channels by helping them procure the right grades of fruits. On the back of the founding team’s strong agriculture experience, Vegrow has built robust moats ingrained in deep penetration in supply micro-pockets across India.