Omnivore & Nexus Venture Invests $2 Mn In Agritech startup Intello Labs
3 April 2019 6:48 AM IST
This is the seed round funding of Gurugram-based Intello Labs. They have built an image-based AI solution for quality assessment of agricultural commodities.
- Gurugram-based agritech startup Intello Labs has raised a $2 Mn seed round from Nexus Venture Partners and Omnivore.
- According to Inc42 DataLabs, the total funding in agritech startups in India has grown from $46.1 Mn (INR 320 Cr) 2017 to $66.6 Mn (INR 463 Cr) in 2018, which is indicative of the  investor's growing interest in India's agritech sector.
- Just a day after that, another Bengaluru-based startup Aibono raised $2.5 Mn (INR 17.4 Cr) in Pre-Series A funding round led by Menterra Venture Advisors.
- The post Omnivore And Nexus Venture Invests $2 Mn In Agritech startup
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