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Faarms Raises $2 Million Backed by Global Investors

Agri startup Faarms has raised $2 million in a funding round backed by angel investors. The funding round was led by Koh Boon Hwee and Dr Cornelius Boersch with the help of other investors. Faarms is an online agri website to buy certified products which can be delivered to farmer’s doorstep with cashless payment options.


Farmers in India struggle with the most basic requirements like seeds, fertilisers, cattle feed and the resources to buy them and carry the heavy loads back. Faarms was started as the platform to solve all these challenges. Entrepreneur and business angel Dr CorneliusBoersch, Founder at Mountain Partners, said, “I think Faarms has the potential to change the agriculture industry not just in India but also in South East Asia at large. This platform directly connects producers with buyers and provide an opportunity to allow stakeholders of the value chain. This startup has the potential to empower the rural farmers of the country.”


Faarms has 8 lakh subscribers, delivers to over 20,000 villages and has to make a difference in the lives of 60 per cent of cattle farmers. “Faarms was founded to build an e-marketplace for the farming sector and to help farmers in getting the best-known Agri brand products of the world. We want to spread digital literacy to rural India by helping farmers adopt digital payment”, says Taranbir Singh, Co-founder & CEO of Faarms.

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