- Surat-based GROWiT is an agritech startup offering soil-to-harvest solutions with a strong presence across India and ambitious plans to expand into Africa and other emerging markets.
- The newly secured funding will be strategically utilized to accelerate GROWiT’s expansion, enhance R&D capabilities, and strengthen its technology infrastructure, ensuring greater efficiency and farmer support.
- GROWiT has achieved an impressive compound annual growth rate (CAGR) of 50–60% over the past three years, and with this fresh investment, the company aims to significantly scale its growth trajectory.
- To date, GROWiT has empowered over 225,000 farmers by providing innovative, sustainable, and cost-effective agricultural technologies designed to enhance productivity.
- GVFL remains a prominent investor focused on climate-tech, circular economy, and social impact startups, having backed more than 125 ventures across major startup hubs in India.
Surat, India – May 28, 2025 – GROWiT India, a pioneering agritech company specializing in protective farming solutions, has successfully raised $3 million in a Series A funding round led by GVFL, with additional participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures, and Hyderabad Angels.
This fresh capital will be strategically allocated to accelerate GROWiT’s expansion, enhance its research and development capabilities, and fortify its technology infrastructure. The company aims to optimize farmer support, drive innovation in climate-resilient agriculture, and expand its footprint domestically and internationally—particularly across Africa and other emerging markets.
Investors Bet on GROWiT’s Sustainable and Scalable Model
With over 225,000 farmers already benefiting from GROWiT’s innovative solutions, the company is redefining protective farming by making sustainable and affordable agricultural technology more accessible.
Mihir Joshi, Managing Director at GVFL, highlighted the importance of investing in agritech, stating:
“Agriculture in India continues to lag in technological adoption. GROWiT’s innovative portfolio, combined with its expansive distribution network, is actively bridging this gap. By making climate-friendly farming methods more affordable and accessible, GROWiT is emerging as a strong leader in this space—aligning perfectly with our fund’s focus on sustainability and impact-driven investments.”
Building Resilience Through Technology
Saurabh Agarwal, Founder & CEO of GROWiT, emphasized the role of technology in tackling climate-related challenges:
“The agriculture sector is still underserved when it comes to accessible and cost-effective technology. At GROWiT, our mission is to empower farmers by optimizing productivity and sustainability. Our latest innovation, India’s First Pocket-Friendly Soil Health Testing Device, provides valuable insights into soil composition and customized crop recommendations, ensuring smarter and more efficient farming practices.”
Expanding Product Innovation and Farmer Reach
Launched in April 2025, GROWiT’s Soil Health Testing Device has received strong market validation. Other key offerings—such as Mulch Films, Crop Covers, Weed Mats, and more—have helped farmers improve crop protection while adopting eco-friendly practices.
With a robust 650+ on-ground franchise network across 12 states, GROWiT continues to expand its farmer outreach, further solidifying its role as a trusted agritech partner.
Driving Agricultural Transformation at Scale
GROWiT’s sustainable and technology-driven approach has demonstrated significant impact, with regions implementing its protective farming solutions reporting yield improvements of 40–60%, with some instances reaching 100%.
As India’s agritech sector is projected to reach USD 30–35 billion by 2027, GROWiT is well-positioned to lead the transformation by delivering affordable, effective, and climate-resilient solutions for millions of farmers.
