Carbon Farming Startup Grow Indigo Secures $6 Million Funding The company expects to enrol over 3.5 million acres in the next two years, and is expected to generate $7 billion annually additional income for smallholder farmers by 2030

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Agritech startup Grow Indigo has raised over $6 million in the recent funding round with a cumulative capital raise thus far of over $13 million. The round witnessed participation from investors globally including participation from Indigo AG, Mahyco and HNIs.

"With sustainability at its core, Grow Indigo will continue to scale-up carbon farming in India", said, Usha Barwale Zehr, executive chairman of Grow Indigo.

Launched in 2021, Grow Indigo has conceptualized the concept of farming carbon as a crop for small holder farmers in India. The company has built an alternate source of sustainable income for the farmers, through the sale of carbon credits generated by them by adopting regenerative practices.

Company expects to enrol over 3.5 million acres in the next two years, and is expected to generate $7 billion annually additional income for smallholder farmers by 2030. Grow Indigo's proprietary microbial consortia already covers 4 million acres, and its network and digital platforms already connect, with over one lakh retailers and FPOs, and more than10 million farmers, claimed by the company in a statement.

Grow Indigo Private Limited is focused on providing nature based solutions to address climate challenges faced in agriculture and ensuring that farmers/stakeholders have connection with both input and output markets to maximize access and incomes.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Elon Musk Gives One-Sentence Response to Linda Yaccarino Stepping Down as CEO of X

Linda Yaccarino announced on Tuesday that she was leaving her role as X's chief executive.

Business News

Meta Invests Billions in World's Largest Eyewear Company After Ray-Ban Smart Glasses Success

The deal arrives one month after Meta debuted new Oakley Meta AI smart glasses in partnership with the eyewear company.

Living

How to Stop Being Busy and Start Being Lethal With Your Time

The difference between being busy and being lethal is knowing what's worth your minutes and being bold enough to protect them.