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# Indian agritech startup FAARMS raises $10 million in funding
- URL: https://www.techloy.com/indian-agritech-startup-faarms-raises-10-million-in-funding/
- Published: 2022-07-14T16:15:54.000Z
- Updated: 2022-12-08T00:26:58.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Agritech, Tech in India

[FAARMS,](https://faarms.in/) an agritech startup offering a digital marketplace for farm enterprises in India has raised $10 million in its new funding round led by a clutch of investors including Dr. Cornelius Boersch, Koh Boon Hwee, Apoorva Ranja Sharma, and Ramit Mittal.

- The capital will be used to expand the startup's presence across India and scale its supply and distribution channels, technology stack, and hiring.
- FAARMS offers agricultural products online including seeds, fertilizers, and cattle feed among others and also provides doorstep delivery of its products.
- It recently partnered with Bharat BillPay to enable farmers to pay for utilities and order agricultural products.
- It last raised $2 million in the previous year.