NeoMandi

Karnataka, India

Short Summary

We are the first fully private company in India creating an e-auction platform for auctioning agri produce and supporting infrastructure to enable this.

Highlights

  • Building not only a website but an eco-system.
  • Only one well organized government competitor.
  • Will be a first full private sector player in the market.
  • Idea is scalable to encompass most of the agricultural produce.
  • Catering to a large community of Indian farmers.
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Overview

Capital Needed
Rs.3,00,00,000
Minimum
Rs.25,00,000
Investment Raised
Rs.15,00,000
Previous Rounds Rs.10,00,000
Stage Other
Investor Role Any

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