Infoedge to invest 9.31Cr in Gramaphone- Check out in Detail
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The SIHL ,Ownly owned subsidy of InfoEdge , will invest about Rs 9.31 crore in Agstack Technologies
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Infoedge stated that making investment through SIHL Will provide sustainable development in this sector for many years to come
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Noida-based InfoEdge is going to own 32% stake in gramaphone
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Gramaphone, the agritech company has been formed in the year 2016
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Right from its start, Gramaphone has been lending excellent support to farmers in many ways
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The company sells agricultural inputs to farmers directly and via small retailers through an omnichannel model.
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It also provides advisory to farmers with respect to cropping and farming practices and helps them sell their output to buyers.
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The startup registered a turnover of Rs 181.1 crore
in the financial year 2021-22
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