[Funding Alert] Agritech startup EF Polymer raises Rs 2.7 Cr from MTG Ventures, others
Agritech startup EF Polymer on Friday said it raised ¥40 million (Rs 2.7 crore) in a seed funding round from Japan-based venture capital investors MTG Ventures, Inc, Yosemite LLC, Beyond Next Ventures Inc, and angel investor Tatsuya Suzuki. Narayan Lal Gurjar, Founder and CEO of EF Polymer, said that the fund will help to expand its business and enhance its technological capabilities. ALSO READ “We would like to utilise this fund to first increase our production capacity and employment, as well as to expand our sales channels. We are committed to promoting organic farming and the circul...