What is GROWiT?
GROWiT operates as the agricultural division of Alpha Plastomers Private Limited, specializing in advanced plasticulture solutions designed to boost agricultural productivity. Their product portfolio includes essential items such as mulch films, shade nets, crop covers, and pond liners. These offerings are engineered to enhance crop yields, promote efficient resource conservation, and champion eco-friendly farming methods. By providing farmers with cutting-edge tools and technologies, GROWiT actively supports climate-smart agriculture, soil health initiatives, and optimized water management, thereby fostering resilient farming communities across India.
How much funding has GROWiT raised?
GROWiT has raised a total of $3.4M across 2 funding rounds:
Angel/Seed
$396K
Series A
$3M
Angel/Seed (2022): $396K with participation from Rohan Desai, Gaurav Singhvi, Rajeev Goel, and Mehul Shah
Series A (2025): $3M led by GVFL, Sunicon Ventures, JITO World, and We Founder Circle
Key Investors in GROWiT
GVFL
GVFL is a venture capital firm that specializes in providing funding and support to early-stage companies. The firm focuses on investing in innovative startups across various sectors, including technology, healthcare, and consumer products. GVFL aims to empower entrepreneurs by offering not only financial resources but also strategic guidance and mentorship.
Sunicon Ventures
Sun Icon Ventures is an early-stage investment fund focused on supporting disruptive startups in India. With over three decades of investment experience, they aim to partner with innovative founders who aspire to grow globally. The fund typically invests between $100K and $500K in companies at the seed to pre-Series A stage across various sectors.
JITO World
JITO is a multi-stakeholder community of Jain industrialists, businessmen, and professionals dedicated to empowering the Jain community and society at large. The organization focuses on service, education, and economic empowerment through various projects such as the JITO Administrative Training Foundation and JITO Business Network.
What's next for GROWiT?
The recent major strategic investment into GROWiT signals a pivotal phase for the company, likely aimed at scaling its operations, expanding its product development, and broadening its market reach within the agritech sector. This infusion of capital is expected to accelerate the adoption of sustainable farming practices and innovative plasticulture solutions, further solidifying GROWiT's position as a leader in enhancing agricultural efficiency and resilience. The company is poised to leverage this backing to drive further innovation and impact in the agricultural landscape.
See full GROWiT company page
