FarMart raises ~US$10M to power smarter and faster food supply chains across Asia, the Middle East, Africa, and beyond | Markup #1176

Photo credit: FarMart

 Crop to Shop

  • What if the food you eat could be fresher, cheaper, and better for you and local farmers?
  • 500-backed SaaS-based food supply platform FarMart has been working to deliver that, and the team just raised ~US$10M to fuel their growth and expansion into new and existing markets.
  • Founded by Alekh Sanghera and Mehtab Hans, FarMart aims to transform agriculture by connecting local buyers and sellers, reducing logistics costs and inefficiencies tied to long-distance transportation. 
  • Currently operating in Asia, the Middle East, and Africa, the platform helps farmers and retailers streamline procurement, optimize logistics, and unlock powerful data-driven insights.
  • In FY24, FarMart’s operating revenue grew 30% year-on-year to ~US$161M.
  • Read the full story on Entrepreneur.
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