Agritech company Eeki Foods receives $6.5 million from General Catalyst

Business

Eeki Foods, an agritech start-up, has raised $6.5 million in funding led by General Catalyst (GC) and other key investors including Avaana Capital and Better Capital.

“The fresh funds will be used to expand Eeki to hundreds of acres. In the coming year, we will focus on building the team, technology and organizational scale to make this growth a reality,” said Abhay Singh, CEO and co-founder of Eeki Foods, in a statement.

With farms in Rangpur, Bhilwara, Talera, Nanta and Panipat, Eeki Foods aims to minimize price volatility in market commodities such as cucumbers, chillies and tomatoes while keeping the products nutritious and residue-free.

The company said it is actively exploring partnerships with companies, HNIs and other retailers in Rajasthan, Delhi-NCR and Maharashtra to set up such farms across the country.

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