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GROWiT

Protective farming products

Deal

The pitch

Season / Episode: S2 E40
Aired: 24 Feb 2023
Industry: Agriculture
From: Surat, Gujarat
Founded: 2020
Asked for: ₹1 Cr for 1%
Valuation asked: ₹100 Cr

The outcome

Deal: ₹50 L for 1%
Deal valuation: ₹50 Cr
Debt: ₹50 L
Yearly revenue: —
Gross margin: 22%

Who invested

Namita₹25 L for 0.5% + ₹25 L debt
Peyush₹25 L for 0.5% + ₹25 L debt

Founders

Saurabh Agarwal — Co-founder & CEO source
Akshay Agarwal — Co-founder source

Researched from public sources · checked 20 Aug 2026

What happened next

Agritech Startup GROWiT Bags $3 Mn From GVFL, Others
GROWiT raised $3 million led by GVFL, with participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures and Hyderabad Angels, to fund expansion and scale operations into Africa and other emerging markets.
Inc42 · 28 May 2025

News is researched from public sources, is not exhaustive, and carries the date it was published — not a live status.

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