Oyo founder Ritesh Agarwal's family office funds agritech startup Agrowave

Anu Meena, an IIT Delhi alumni started Agrowave to solve the problem faced by her grandfather and millions of farmers in selling their fresh produce.

Agrowave, an agritech startup, has raised $2 million in Pre-Series A from Aroa Ventures, the family office of Oyo founder Ritesh Agarwal. The firm is building a supply-driven farm-to-market mobility supply chain with focus on first-mile logistics and trades supply through an integrated network of mobile pickup stations. The company plans to use the funds to expand the team and scale operations to achieve a monthly GMV (gross merchandise value) of over Rs 100 crore.

Founded in 2017, Gurugram-based Agrowave is a first-of-a-kind agritech startup striving to build 40,000 mobile pickup stations (MPS) at farm gates to procure directly from farmers.