Humus raises funds from Venture Catalysts, 9Unicorns & We Founders Circle

Agritech startup Humus has raised funds from Venture Catalysts, 9Unicorns & We Founders Circle.

Humus aims to provide an end-to-end solution to simplify the complex logistics processes in the Indian agricultural sector by eliminating the middleman and connecting the farmers to the retailers.

The startup, founded in 2019 by Manjunatha T N and Shilpa Gopalaiah, hopes to disrupt the Indian agriculture supply chain industry by addressing the pain points involving logistics of fresh produce through technology. Humus obtained hands-on experience and understanding of the logistics challenges prevalent in the sector by visiting mandis, markets, transport agencies, collection and sorting centres to farmers and middlemen.

“The start-up’s vision to promote sustainable agricultural practices for better produce addresses some of the most pressing need-gaps in the agricultural sector. We hope that funds help the founding team in creating a brighter and more successful future for their company,” said Apoorv Ranjan Sharma, cofounder & President, Venture Catalysts & 9Unicorns.

Neeraj Tyagi, cofounder & CEO, WeFounder Circle, said “Agriculture is a big segment which is all set for disruption in India. But to make an impact, it needs matured founders like Manjunath who is a perfect blend of farming background, is a technology expert & engineering teacher turned successful entrepreneur.”