The company has raised an undisclosed sum from Rainmatter, along with investments from the Small Industries Development Bank of India (SIDBI) and Export-Import Bank of India (Exim Bank). Kanpur: ScaNxt Scientific Technologies Pvt Ltd, an IIT-Kanpur-incubated deep-tech agritech startup, announced on Thursday that it has joined the portfolio of Rainmatter, Zerodha’s investment arm focused on climate and deep technology.
The company has registered close to 90,000 farmers and serves more than 200 B2B customers across over 21 states in India, while continuing to expand its international presence.
“Our association with Rainmatter, SIDBI and Exim Bank is a strong validation of the work we have been doing to build climate-smart, technology-driven solutions for India’s smallholder farmers,” said founder and CEO, ScaNxt, Rajat Vardhan. Sailesh Prasad, general manager, heading the Ubharte Sitaare Programme at Exim Bank, said, “ScaNxt’s strong technology foundation, growing international presence, and focus on developing scalable agritech solutions create promising export opportunities for the company. ScaNxt’s flagship product, Bhu-Parikshak, delivers chemical-free soil testing using near-infrared (NIR) spectroscopy and machine learning. The company’s patented Detect technology and AgroLens platform together provide real-time pest detection and crop advisory. You Can Also Check: Gold Rate in Kanpur | Silver Rate in Kanpur | Bank Holidays in Kanpur | Public Holidays in Kanpur | Kanpur AQI | Weather in Kanpur | Petrol Price in Kanpur | Diesel Price in Kanpur | CNG Price in Kanpur | LPG Price in Kanpur