Mistry Ventures Leads $4.5 Million (₹ 39 Cr) Series A Round for KisanKonnect – addressing the market access challenge for farmers

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KisanKonnect’s journey began in 2020 with a mission to address some of the most pressing challenges in India’s agricultural supply chain. By establishing a direct connection between farmers and urban consumers, the company sought to eliminate inefficiencies, reduce wastage, and provide high-quality produce at fair prices.

Kisankonnect Store
A KisanKonnect Farm Store

India’s traditional agricultural supply chain is riddled with inefficiencies. Farmers face market access limitations and pricing inconsistencies, while urban consumers struggle to find fresh, safe, and traceable produce. These challenges highlighted the need for a more streamlined and transparent system.

KisanKonnect, under the leadership of founder Vivek Nirmal and co-founder Nidhi Nirmal, devised a vertically integrated, tech-enabled supply chain to transform how fresh produce reaches consumers. The company built a robust network of over 5,000 farmers, advocating sustainable and regenerative farming practices. Their operations leverage AI-driven sourcing and temperature-controlled logistics to ensure freshness and quality.

Early days of the company

Through a user-friendly mobile app and a growing number of ‘KisanKonnect Farm Stores’ in Mumbai and Pune, the company makes fresh produce and premium dairy products easily accessible.

“Our focus has always been on delivering fresh and safe food,” said Vivek Nirmal, “while empowering farmers to thrive in a fair and transparent ecosystem.”

KisanKonnect’s growth trajectory has been marked by consistent innovation. What began as a 48-hour delivery model evolved into a 4-6 hour delivery framework. Recently, the company piloted a 30-minute delivery service, meeting the needs of convenience-focused urban consumers.

KisanKonnect’s potential has attracted significant investor confidence. The company recently secured $4.5 million in its Series A funding round, led by Mistry Ventures. Other participants included Times Group’s Brand Capital, VC-Grid, Vishwang Desai, and celebrity investor Shilpa Shetty. This followed a $3.7 million pre-Series A round in 2023, led by Green Frontier Capital.

KisanKonnect is backed by celebrity investor, Shilpa Shetty
KisanKonnect is backed by celebrity investor, Shilpa Shetty

Firoz Mistry of Mistry Ventures remarked, “KisanKonnect’s deep understanding of the agricultural ecosystem and its exceptional supply chain expertise position it as a key player in bridging the gap between farmers and urban consumers.”

At its core, KisanKonnect champions sustainability by promoting regenerative farming practices and ensuring fair pricing for farmers. Its focus on transparency enables consumers to trace the journey of their food from farm to table, building trust and loyalty in the process.

With fresh capital, KisanKonnect aims to:

  1. Expand its presence in key urban markets.
  2. Strengthen its technology infrastructure.
  3. Enhance efficiency in farm sourcing and supply chain management through AI integration.

KisanKonnect’s journey highlights the transformative power of technology and innovation in addressing complex agricultural challenges. By prioritizing farmer empowerment and consumer satisfaction, the company has carved a niche in India’s competitive fresh-commerce sector.

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