Gwalior-based B2B marketplace startup MyMandi has secured a substantial Rs10 crore in a CCD funding round, marking a significant step in its journey to transform India’s agricultural landscape. The round was led by Real Time Angel Fund (RTAF), a SEBI-registered angel fund known for early-stage investments in innovative startups.

MyMandi, which caters to cart-pushers (thela-walas), plans to leverage this investment to expand its product offerings, strengthen its technological infrastructure, and increase its market reach. By doing so, it aims to empower farmers across India and revolutionize the way B2B marketplaces operate in the country.

Mahanaaryaman Scindia, Co-founder of MyMandi said, “This partnership will enable us to achieve our vision of transforming India’s agricultural landscape. Real-Time Angel Fund’s investment in MyMandi confirms our unwavering commitment to revolutionizing Indian agriculture. With their expertise and resources, we look forward to bringing about a positive change in the supply chains.”

Pranay Mathur, CEO of Real-Time Angel Fund, expressed excitement about MyMandi’s mission to empower cart pushers through technology and market access. RTAF looks forward to closely collaborating with MyMandi to drive this positive change.

This funding round positions MyMandi for rapid expansion and innovation in the B2B marketplace for farmers, enabling the company to enhance its product offerings, strengthen its team, and make a lasting impact on Indian agriculture.