Venture Catalysts, Manish Modi and Ness Wadia invests in AgriGator
Mumbai: Venture Catalysts, India’s first and largest integrated incubator, and accelerator, has recently led an undisclosed investment in AgriGator, a B2B digital supply chain platform. The funding round was led by Manish Modi on behalf of Venture Catalysts and also saw participation from Ness Wadia, who served as the Co-investor. AgriGator is a 100X.VC Nov 2019 funded Portfolio Company. Founded in 2019 by Udit Sangwan and Charu Chaturvedi, AgriGator aims to provide a one-stop solution to the inefficiencies in the agricultural supply chain market by facilitating trade and logistics service between buyers, sellers, and carrier providers in return for a small commission on every transaction. After buying from farmers, traders have traditionally depended on distributors or brokers to transport their grains from farms to mandis across states. Due to the high fees demanded by the brokers for arranging on-the-spot transportation, small scale traders and industries are forced to take loa...