Agri-Logistics startup Leap India raised Rs 164cr from Neev Fund

Leap India raised Rs164 cr in Series B from Neev Fund & SDG Investment Fund

While various initiatives have been taken by agri-tech startups and the government towards agricultural production, post-harvest loss of grains is still a big concern. According to Leap India , food grain worth in excess of INR 75K Cr is damaged annually due to poor storage conditions.

“The commonly used storage method at the state level currently is cover and plinth (CAP) storage, which is economical but loss of grains in this method is inevitable as it has very little control on the microclimate and is not an efficient deterrent to pests and spoilage due to moisture,” the company says, as it aims to modernise traditional storage systems.

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