TLDR:
- FAAD Capital invests $121,000 in four agritech startups through AgriManch accelerator program.
- Startups include Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech.
FAAD Capital, an early-stage venture capital fund, has strategically invested $121,000 in four agritech startups as part of their AgriManch accelerator program. The startups that received pre-seed round investments include Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech. FAAD Capital will provide post-funding support to these startups by connecting them with key stakeholders and building networks within the agriculture industry. Godaam Innovations specializes in smart storage solutions, Aqin Biotech develops formulations for aquaculture and livestock feed, Mkelly Biotech creates premix powder with millets and mushrooms, and VedaFit Foods produces healthy and natural goods. FAAD Capital, based in Gurugram, invests in various sectors and offers checks ranging from $100k to $500k for Pre-Seed to Series A. The company aims to fund agritech businesses and has a portfolio of over 100 businesses with successful exits.
