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Leading agriculture technology platform, Harvesting Farmer Network (HFN), raises USD 4 million from Social Capital

Chandigarh [India], August 26 (ANI/PRNewswire): Harvesting Farmer Network (HFN), a leading agriculture technology platform in India, has raised USD 4 million from Social Capital, a Silicon Valley-based technology investment firm managed by Chamath Palihapitiya. This is the first institutional round raised by HFN, which will be used to reach more than 120 million smallholder farmers across India, as well as explore opportunities in India's rural markets. Harvesting Farmer Network helps smallholder farmers (defined by the UN as a farmer owning less than 2 hectares of land) in India to increase their income by empowering them with a collective bargaining platform. Through HFN's trusted platform, farmers are able to easily buy high-quality and affordable farm inputs, access financial services such as loans and insurance, as well as sell their crops to national and international customers - all luxuries typically only available to large-scale farms - enabling them to scale and grow

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