The Weekend Leader - AgriTech Startup GROWiT Raises $3 Million to Fuel Expansion and R&D

AgriTech Startup GROWiT Raises $3 Million to Fuel Expansion and R&D

Surat

28-May-2025

Saurabh Agarwal, Founder CEO, GROWiT and Akshay Agarwal, Co-Founder & Technical Director

Protective farming Agritech startup GROWiT India has raised $3 million in a Series A funding round led by GVFL, with participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures and Hyderabad Angels.
With the current funding, GROWiT plans to improve domestic market penetration and expand into international markets by scaling exports to Africa and other emerging markets whilst continuing to innovate around sustainable, climate-resilient agriculture solutions that are affordable and accessible to smallholder farmers.

“With climate change emerging as a huge challenge in the agriculture sector, it is essential that we build resilience with the help of technology. Majority of India still depends on agriculture however the sector is still starved of technology due to it being inaccessible or too expensive," said Saurabh Agarwal, Founder & CEO, GROWiT.

"At GROWiT, our commitment is towards developing sustainable agriculture with optimization of productivity by making available affordable tools like India’s First Pocket-Friendly Soil Health Testing Device, which provides soil composition insights and crop recommendations tailored to soil types. GROWiT aims to transform agriculture by increasing yields, cutting input costs, and driving sustainable farming, positioning us as a comprehensive, one-stop solution for farmers.”

GROWiT launched India’s First Pocket-Friendly Soil Testing Device in April 2025, which received an encouraging response from farmers and agri-partners. Other marquee products include Mulch Films, Crop Covers, Weed Mats, and more, are designed to optimize crop protection and boost agricultural productivity while promoting sustainable practices.



Mihir Joshi, Managing Director, GVFL, said, “Agriculture in India still lags behind in terms of technological advancements. GrowiT has a large innovation product portfolio and pan India distribution channel. They are helping farmers grow more and earn better by focusing on solving these key problems at an affordable cost and easy accessibility.

"They are making climate-friendly, sustainable farming methods more affordable and effective. As a fund, this is a key focus area for us and we see GROWiT as a strong player emerging in this segment.” - TWL Bureau 



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