Balwaan Krishi raises ₹100 cr in Series B funding
It is to accelerate its next phase of growth across manufacturing, distribution and product development
Balwaan Krishi, an agri-tech company, has successfully raised ₹100 crore in Series B funding. The investment round, led by First Bridge India Growth Fund Private Equity, aims to fuel the company's expansion in manufacturing, distribution, and product development. The transaction was advised by Right Pillar Advisors.
The new capital will be utilized for key strategic priorities. These include enhancing Balwaan's domestic manufacturing capacity, strengthening its dealer and service network across Southern India, and developing next-generation farm equipment equipped with predictive maintenance and IoT capabilities. These include power weeders, battery sprayers, and other mechanization solutions.
Significantly, a substantial portion of the funding will be allocated to bolster manufacturing capabilities in India. The company will also expand its presence in Southern India, focusing on improving product availability and after-sales support in key agricultural markets.
Rohit Bajaj, Co-Founder and CEO of Balwaan Krishi, emphasized the importance of the funding, stating that it will enable the company to address rising labor costs and productivity pressures faced by small and marginal Indian farmers. Vishal Gupta, Managing Partner at First Bridge Investment Managers, highlighted Balwaan's unique position in the market.
He noted that the company has built a strong foundation through affordable, farmer-focused products, a robust distribution network, and deep relevance among small and marginal farmers.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
