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GreenStitch bags $1.2 Mn in seed round

EntrackrEntrackr · 6m ago
GreenStitch bags $1.2 Mn in seed round
Medial

GreenStitch, a sustainability-focused SaaS platform designed for the fashion and textile industry, has raised $1.2 million in its seed round led by Equirus InnovateX Fund, with participation from Ivycap Ventures, Warmup Ventures, and Zeca Ventures. The round also saw participation from climate and fashion experts and entrepreneurs like Anshuman Bapna (founder, Terra.do), Sumit Jain (CTO, Zalora), Pankaj Vermani (founder, Clovia), Amit Kumar (founder, Nobroker), Senthil Sankar (founder, Ecoline) has also invested in this round. The proceeds will be used to strengthen its team and product and build a database for fashion and textiles. Founded by Narendra Makwana and Arpit Samdani, GreenStitch integrates directly with enterprise ERP and PLM systems, consolidating information from multiple supply chain tiers, identifying data gaps, and using AI and machine learning to fill missing details. This ensures reliable Scope 3 GHG calculations, even with incomplete datasets, while also identifying ESG risks in the supply chain. In addition to data-driven emissions tracking, GreenStitch offers tools for decarbonization and predictive modeling. These tools enable companies to evaluate how design choices and supplier decisions impact carbon emissions—helping businesses adopt proactive sustainability strategies before production begins.

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MapMyCrop bags $1.8 Mn in seed round

EntrackrEntrackr · 4m ago
MapMyCrop bags $1.8 Mn in seed round
Medial

MapMyCrop bags $1.8 Mn in seed round Farm management software MapMyCrop has raised $1.8 million in a seed funding round led by YourNest Venture Capital along with participation from other angel investors, including Eaglewings Ventures. The funding comes as part of the YourNest-SanchiConnect Velocity Program 2024. The startup had previously raised an undisclosed amount in the same round from Startup Wise Guys and others. The proceeds will be used to expand operations, close pilot orders, strengthen the sales & operations team, and advance the platform’s technology, MapMyCrop said in a press release. Launched in 2021 by Swapnil Jadhav and Rajesh Shirole, MapMyCrop is a first 360-degree imagery agro suite, centralising critical agricultural data into a single, user-friendly platform. The platform aims to make precision farming accessible to farmers of all scales. It combines satellite imagery, IoT, and AI-driven insights to help farmers and enterprises monitor, predict, and optimise crop health with unmatched precision. MapMyCrop states that it currently supports over 4.7 million farmers globally and collaborates with organisations such as the US FDA on crop monitoring and sustainability initiatives. It is also planning to launch new solutions, including an AI-based farm credit score tool and a dedicated forest monitoring system. MapMyCrop aspires to penetrate emerging markets in Africa, Latin America, and Southeast Asia while deepening its presence in the US and Europe. The company is also working on localised solutions for different regions, addressing specific agricultural challenges with tailored AI-driven insights. According to market research, the agritech market is estimated to reach $45 billion globally by 2028. MapMyCrop claims to be a first complete 360-degree imagery agro suite, which includes five suites: onboarding, crop monitoring, detection, prediction, and sustainable agriculture add-ons. Its onboarding suite offers automated crop field boundary delineation, crop type detection, and a historical data repository for easy land use comparison.

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