FundTQ is serving as an exclusive advisor and a lead sourcing partner for an agri-tech D2C company, GreenSat Innovation. With modern technologies like satellite imagery, artificial intelligence, and blockchain, GreenSat aims to profoundly transform agriculture.
Greensat has recently raised undisclosed funds with the help of FundTQ. This round is a part of an ongoing round of $2mn.
Greensat, founded by Mr. Deepak Yadav and based in Mumbai, India, started its mission to contribute to the largest sector of the country, i.e. the agricultural sector. With proprietary AI algorithms, the company processes and analyses the data provided by satellite and provides user-friendly insights to farmers. With descriptive and suggestive insights, GreenSat has shown its needs in the sector. 15K+ farmers are using the app and are satisfied with the information provided on it. The app provides weather forecasts, the latest agricultural norms, crop growth stage analyses, and pest detection based on environmental factors. The app’s major feature, however, is illness diagnosis using computer vision. A farmer only needs to point their smartphone’s camera at a crop, and the software identifies and addresses any illness that may be present in seconds. This is extremely beneficial since many illnesses appear to farmers to be the same, and incorrect treatment might result in crop loss.
With the fresh capital, GreenSat plans to scale up operations in new geographies, enhance its tech infrastructure, build high-performance teams across functions, and focus on other business development activities. “India’s agricultural sector has immense potential for growth. GreenSat has rightly taken the step and excellently come up with a brilliant app. The company also came up with crop sales, insurance, and loans.
We believe GreenSat is doing great and has the potential to grow.” said Aanchal Malhotra, Growth partner of FundTQ.
FundTQ is a one-of-a-kind digital funding assistance platform for institutional investors and mergers and acquisitions, including features like, ‘Valuation Software’ and ‘Choose Right Investors Platform’. Through their unique technological tools, comprehensive advising services, and network of businesses, FundTQ takes a hybrid approach to startup fundraising and M&A. A proprietary valuation software available on a subscription basis that allows companies to value their venture in 10 minutes using 15 data points in the most complex and data-driven manner; and a Choose Right Investors platform that helps startups pick and choose the right institutional and strategic investors from a pool of 3000+ investors anytime, anywhere with a click of a button.
FundTQ’s solutions are now being used to raise funding by over a hundred startups and mid-sized businesses. Founders must take a methodical approach to fundraise. You start with a huge pool of possible investors and narrow it down to those with whom you have a personal connection. FundTQ assists you in identifying and connecting with potential investors. Their main goal is to find you the appropriate investors at the right time and at the right price.