Factory to farms agritech startup Faarms said that it has raised $2 million in its seed round backed by global investors.
The round was led by Koh Boon Hwee and Dr Cornelius ( Conny ) Boersch, among other angel investors.
Faarms aims to use the funding to expand the agritech startup's footprint in India's northeastern, central, and southern states. Besides, they are looking to add new product segments and services for the farmers as well.