The agritech startup, Balwaan Krishi, secures $2 million in funding during its pre-Series A round.

Company: Balwaan KrishiFunding: $2 millionRound: Pre-Series AInvestors: Backed by Caspian Leap for Agriculture Fund, Deepak Agarwal (Managing Director of Bikaji group), Rishab Jain (Chief Financial Officer of Bikaji), Pulkit Bachhawat (Founder of Right Pillar Advisors), along with other contributors.

Balwaan Krishi operates in the agricultural technology sector, specializing in compact farm machinery. Established in 2016 by Rohit Bajaj and Shubham Bajaj, the company aims to assist small and marginal farmers in enhancing their productivity and profitability.

Recognized for their excellence, Balwaan's products have achieved best-seller status on major online platforms like Amazon and Flipkart.

Objective: With the recently secured funding, Balwaan intends to develop innovative products and establish an extensive distribution network across India for their existing offerings. Additionally, the company plans to augment its workforce, allocating resources towards marketing and sales initiatives.