Agritech Startup GROWiT Raises $3 Million in Series A Funding Led by GVFL
02 June 2025, New Delhi: Agritech startup GROWiT India, a pioneer in protective farming solutions, has secured $3 million in Series A funding, with the round led by GVFL and participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures, and Hyderabad Angels.
The capital infusion will support GROWiT’s aggressive growth strategy, including deepening its research and development efforts, enhancing its technology infrastructure, and expanding its footprint in both domestic and international markets. The company aims to scale exports to Africa and other emerging regions while continuing to innovate affordable, climate-resilient solutions for smallholder farmers.
“Agriculture in India still lags behind in terms of technological advancements,” said Mihir Joshi, Managing Director, GVFL. “GROWiT’s extensive product portfolio and wide distribution network are helping farmers boost productivity and income by making climate-smart farming more accessible and affordable. Supporting such innovation is a key focus for our fund, and we believe GROWiT is well-positioned to lead this space.”
Saurabh Agarwal, Founder & CEO of GROWiT, emphasized the role of technology in addressing climate challenges in agriculture.”With climate change posing increasing risks to farming, building resilience through technology is vital. Most Indian farmers still lack access to affordable agricultural tech. At GROWiT, we are committed to developing tools that optimize productivity, reduce input costs, and promote sustainable farming. Our recent launch—India’s first pocket-friendly Soil Health Testing Device—offers actionable insights on soil composition and crop suitability, empowering farmers at the grassroots level.”
The device, launched in April 2025, has received a strong response from both farmers and agri-industry partners. Alongside this innovation, GROWiT’s product portfolio includes Mulch Films, Crop Covers, Weed Mats, and other protective farming solutions, all aimed at improving yields and supporting environmentally responsible agriculture.
With a robust network of over 650 franchise partners across 12 Indian states, GROWiT currently serves more than 225,000 farmers. The company’s combination of on-ground engagement, R&D, and product innovation has led to measurable yield improvements of 40% to 60%—and in some cases, even up to 100%, underscoring the impact of its offerings.
India’s agritech sector is projected to reach $30–35 billion by 2027, driven by the need to modernize agriculture for over 120 million farmers. As the demand for sustainable and technology-driven farming grows, GROWiT is well-positioned to capitalize on this momentum by offering practical, scalable solutions that address the real-world challenges of Indian agriculture.
Also Read: National Roundtable Calls for Urgent National Policy on Weed Management to Safeguard Food Security
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