Agritech startup GROWiT raises $3 million in funding round led by GVFL

Agritech startup GROWiT India on Wednesday said it has raised $3 million in a funding round led by GVFL. The funding round also saw participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures and Hyderabad Angels, the company said in a statement.

The funds raised will be directed towards GROWiT’s aggressive expansion plans, deepening its R&D capabilities, and strengthening its technology infrastructure to serve farmers more effectively.

“With climate change emerging as a huge challenge in the…