back Back

Faad network launches AgriManch to drive AgriTech innovation in India

By Gloria Mathias

July 25, 2023

  • 12 weeks
  • Accelerator Program
  • AgioTech

Faad Network, Venture Capital, AgriManch, AgriTech, Accelerator ProgramFaad Network, an India-based early-stage venture fund, has announced the launch of AgriManch, its accelerator program aimed at fuelling the growth of AgriTech startups in India.

AgriManch will provide selected startups with funding, mentorship, and strategic partnerships, empowering them to revolutionize the agricultural sector.

AgriManch, a 12-week cohort program, will nurture and guide five promising AgriTech startups in sectors such as Agautomation, AgFinTech, AgioTech, AgInfraTech, Precision AgTech, and Upstream-Midstream AgTech. The selected startups will have access to accomplished mentors who will provide invaluable guidance to accelerate their growth & progress.

“We are thrilled to introduce AgriManch, a groundbreaking accelerator program aimed at empowering AgriTech startups to overcome the challenges of capital requirements and equity dilution,” said Aditya Arora, CEO at Faad Network. “Through our robust ecosystem, we equip startups with vital funding, unparalleled access to industry-leading founders, and invaluable guidance from experienced mentors. Our primary objective is to facilitate the successful launch, sustained growth, and scalable expansion of early-stage startups by providing them with essential resources and fostering valuable collaborations.”

“India has established a formidable presence within the global startup ecosystem. Kudos to the AgriTech startups that are driving innovation in the agriculture sector and presenting a significant opportunity to cultivate success among AgriTech ventures and propel India towards a leadership position in this thriving industry,” said Vatsal Lunawat, Acceleration Manager at Faad Network.

The cohort startups will receive a minimum capital infusion of 25 lakhs each to bolster their operations and facilitate their growth trajectory. The carefully crafted 12-week curriculum of AgriManch will empower startup founders with the knowledge and skills needed to build scalable solutions, develop robust business models, and leverage cutting-edge agricultural technology.

The mentorship will be provided by Founders & industry leaders, ensuring that startups receive the necessary expertise to thrive. Selected startups can forge strategic partnerships with companies, including AWS, Cashfree, Paytm, Freshworks, and more.

Previous Article

July 25, 2023

NBK launches new features on mobile banking app

Read More
Next Article

July 25, 2023

Unlimit to boost inDrive expansion with global payment solution

Read More

IBSi Daily News Analysis

June 21, 2024

12 weeks

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 18, 2024

Cedar Capital marks First Close of debut FinTech Venture Capital fund; BankTech to be a key focus

Read More

February 06, 2024

FinTech Klub expands in the Middle East with credit fund licence

Read More

February 02, 2024

The Weekly Wrap: all you need to know by Friday COB | February 2nd

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023