2015
Gurugram (India)
Series C
FarMart is a leading SaaS-based B2B food commerce platform revolutionizing the agricultural supply chain across India, Asia, the Middle East, and Africa. FarMart connects over 4.5 million farmers with 40+ food processing units, facilitating the trade of 80+ commodities through its digital platform.
Digital Food Supply Marketplace: FarMart’s core offering is its digital platform that enables farmers and agri-retailers to list, aggregate, and sell produce directly to food businesses and large institutional buyers, eliminating traditional inefficiencies and middlemen.
SaudaBook: A digital tool launched for food processors and millers to streamline procurement and sales.
Direct Farm-to-Table Model: By cutting out intermediaries, FarMart ensures fresher produce, better prices for farmers, and cost savings for buyers6.
Transparency & Traceability: The platform prioritizes supply chain transparency, allowing buyers and consumers to track the origin and journey of their food46.
Community Engagement: FarMart fosters strong relationships between farmers, retailers, and buyers, building trust and loyalty across the ecosystem6.
Sustainability: Committed to promoting sustainable farming practices, reducing food waste, and supporting eco-friendly packaging
FarMart operates a multi-faceted business model combining SaaS, marketplace, and logistics solutions to generate revenue from various sources:
Commission Fees: FarMart takes a percentage commission on each sale made through its platform, typically charged to sellers (farmers, agri-retailers, or food processors).
Subscription & Membership Fees: The platform offers premium subscription plans for farmers, food businesses, and retailers, providing access to advanced analytics, marketing tools, and exclusive features.
Delivery & Logistics Charges: Customers pay delivery fees for logistics and transportation of goods, contributing to overall revenue.
Advertising Revenue: Food businesses can pay for advertising and promotional placements on the platform to reach targeted buyers and consumers.
B2B: Food businesses, processors, millers, and institutional buyers seeking direct access to farm produce at scale.
B2C: Health-conscious and urban consumers seeking fresh, locally sourced, and traceable food products.
FarMart’s growth is driven by:
Geographic Expansion: Scaling operations to new regions in India and international markets across Asia, the Middle East, and Africa.
Product Diversification: Expanding offerings beyond core commodities to include specialty items, organic products, and value-added services.
Technology Integration: Investing in mobile, AI, and data analytics to streamline processes, improve user experience, and drive operational efficiency.
Strategic Partnerships: Collaborating with food industry players, logistics providers, and government bodies to expand reach and enhance service delivery.
Sustainability Initiatives: Promoting eco-friendly practices and supporting responsible sourcing to attract environmentally conscious customers.
FarMart’s innovative business model, rapid growth, and strong focus on technology, transparency, and sustainability position it as a leader in the modern food supply ecosystem. For investors, researchers, and industry professionals, FarMart represents a scalable, impact-driven company poised for continued expansion and industry leadership.
$51 Million
9
$5.15 Million, Series C (CCPS)
as of April 23, 2025
$210 Million
as of December 18, 2024
4.2
as of April 23, 2025
General Catalyst
and 5 more600
DCGpac
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 23, 2025 | Series C (CCPS) | $5.15 Million | $210 Million | - | - | GC India Investment Holdings, Z47 |
December 18, 2024 | Series B | $389 K | $238 Million | - | - | Trifecta Capital |
March 30, 2022 | Series B | $32.2 Million | $138.0Million | $28.0Million | 3.9x | General Catalyst, Omidyar Network India, Avaana Capital Advisors, 500 Global, Z47 , Catalyst Funds |
October 21, 2021 | Series A | $10 Million | $33.8Million | $16.4Million | 1.4x | Z47, Innoven Capital, Omidyar Network India, Avaana Capital Advisors, 500 Global, KPB Family Trust, Omidyar Network, Pivotal Ventures ,Panaceainvestments, Panacea Charitable Trust, Wellfound |
February 15, 2021 | Seed | $2.4 Million | $4 Million | - | - | Omidyar Network India, Avaana Capital Advisors, Indian Angel Network, Innoven Capital ,LetsVenture, Pragnya |
October 17, 2019 | Seed | $507 K | $4 Million | $130 K | - | 500 Global |
March 16, 2017 | Seed | $245 K | $780 K | - | - | Indian Angel Network, Exponential Ventures , Pragnya, LetsVenture, Bustle, BDG, Quibus Resources India |