Agritech startup Grow Indigo has raised $10 million in funding from British International Investments (BII) to expand its sustainability initiatives in India.
The funding will be used to accelerate the company's carbon farming program and enroll more smallholder farmers in its regenerative agriculture practices.
Grow Indigo promotes low-emission farming techniques and generates carbon credits, which are sold to corporations aiming to offset their environmental footprint.
The startup plans to scale its impact across millions of farmers in the next two years, with the support of BII's investment.