Angel fund FAAD Capital invests in four agritech startups
FAAD Capital has invested in four agritech startups — Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech — to support their growth plans. In a statement on Wednesday, FAAD Capital, a Sebi-registered Category 1 angel fund headquartered in Gurgram, said it has made a strategic investment in four innovative agritech startups as part of their AgriManch Accelerator.
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«The startups receiving the investment in the pre-seed round include Godaam Innovations, VedaFit Foods, Aqin Biotech and Mkelly Biotech. This financial boost aims to empower these startups in their mission to revolutionise the agriculture industry,» it added.
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Offering CollegeCourseWebsiteIIT DelhiCertificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB Product ManagementVisitMIT xPROMIT Technology Leadership and InnovationVisitFAAD has infused over $1,21,000 in four startups. Beyond the pre-seed funding, FAAD Capital will offer post-funding support, including connecting the startups with the right stakeholders to generate revenue and help build networks within the agriculture sector for an effective go-to-market strategy.
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Aditya Arora, CEO at FAAD Capital, said, «Our investment goes beyond just financial backing; we are committed to providing the necessary resources and connections to
