AgNext Technologies, India’s leading deep-tech agritech start-up, unveiled that it has raised a total of $21 million in Series A funding. The round was led by Alpha Wave Incubation (AWI), fund, which is backed by DisruptAD and managed by Falcon Edge. Existing investors Omnivore and Kalaari Capital also participated in the Series A round.
This investment marks the largest Series A funding received by an Indian agritech startup to date. It is also AWI’s first investment in India’s booming agritech sector. In this round, it has also delivered a 5X exit to a-IDEA NAARM, India’s first agribusiness incubator, managed by the National Academy of Agricultural Research Management (NAARM).

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