BigHaat Agro Private Limited has raised $10 million from a fundraise led by Bidra Innovation Ventures, with participation from existing investors JM Financial Limited and Ashish Kacholia.
ThinkLaw, advocates advised and assisted JM Financial on further investment by its affiliate entities in BigHaat. The Firm provided comprehensive counsel on the deal including review of the transaction documents and assistance in closing related matters.
The transaction team was led by Ankita Kashyap (Partner), with support from Siddhant Bhargava (Senior Associate) and Siddhant Tewari (Associate).
BigHaat is engaged in the business of operating a farmer centric technology platform which provides advisory services, input linkages (i.e., provision of pre-harvesting needs of the farmer, such as seeds, crop protection, crop nutrition and implements), market linkages (i.e., sourcing of post-harvest produce from farmers/ farm aggregators and sale to business enterprises) and such other activities linked to farmers, rural market, agriculture and agriculture allied products, including but not limited, data analytics, lead generation and advertisement.
The investment will support BigHaat’s plan to expand its digital farmer-focused ecosystem and build a traceable, globally compliant food value chain.
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