KisanHub Raises £1.12m to Transform the Agri-Food Supply Chains by Streamlining Data Collection, Communication and Decision Making

KisanHub's cloud-based enterprise platform focuses on crop intelligence, supply chain intelligence, integrating data from crops, stores, load dispatches, satellites and field sensors in order to help businesses meet contractual obligations on quality and quantity of the produce.

KisanHub's target customers are agricultural enterprises supplying retailers and processors that work with a network of contract farmers and/or own their own farmland. The existing customers of the startup include the global beverage giant, ABInBev, and the major British suppliers like Spearhead, Burgess Farm Produce, Manor Fresh, Jupiter Group.

Dmitry Filatov, Managing Partner at Sistema VC, said: "KisanHub technology digitises the agricultural supply chain, improving the transparency and efficiency of the procurement process. The pandemic has only increased the demand for such solutions, as food supply security became more important than ever".

Sachin Shende, co-founder and CEO of KisanHub, added: "We are delighted to welcome LCIF2 as an investor in KisanHub. This investment will enable us to grow the business in the UK and Europe and strengthen our links with local and national governments".

LCIF2 is funded by the European Regional Development Fund, with the UK Ministry of Housing, Communities and Local Government as the Managing Authority. The fund is managed by Turquoise, the London-based merchant bank that specialises in energy, environment and efficiency.

Axel de Mégille, director at Turquoise, commented: "KisanHub helps keep everyone in the supply chain aware of the state of each batch of produce they are growing, aggregating or retailing, so that they can plan better and reduce waste. This investment fits well into LCIF2's strategy of investing into technologies that help to reduce greenhouse gases".

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