Agri-fintech KiVi wraps up a Rs 15 crore seed round, positioning itself to cater to the farmgate ecosystem by providing credit, commerce and distribution solutions.
This funding was led by Caspian Leap for Agriculture Fund, Piper Serica Angel Fund, YAN Angel Fund, Impact Innovators and Entrepreneurs Foundation. KiVi’s mission is to make agriculture an appealing livelihood choice by empowering the farmgate ecosystem, according to a statement.
Joby C O, Founder and CEO, KiVi, stated, “We are excited to welcome our first institutional investors who share KiVi’s vision. The investment will help KiVi to build a robust technology platform for scale-up, increase the last-mile presence across many districts, strengthen the product and risk capabilities and obtain an NBFC license.”
“We believe that KiVi, led by Joby, has the right blend of people with rich experience of rural financial services and agriculture to make this happen,” said Emmanuel Murray, Investment Director at Caspian Leap for Agriculture Fund.
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