Every crisis is an opportunity! Proud to announce my 23rd investment (6th agri related) UzhavarBumi FarmToHome dairy. Glad to see Nativelead Foundation angels coming forward to support a great model that helps farmers during crisis.
Congrats Sankar Kanagasabai of karur chapter leading this deal. Commendable work Vetri Vel channelling the Jallikattu activism into really helping farmers. This youth power channelled right direction can do wonders! Good efforts Sivarajah Ramanathan Sriram Sankaran making this happen.
Agri related portfolio: Carbon Masters (waste to organic fertilizer), Farmers Fresh Zone (FarmtoHome safe to eat FnV), Happy Hens Farm (Free range eggs), Lumiere Organic (Farm,grocery,bakery), FreshWorld. (FnV, Meat)
Native Angels Network leads investment in dairy products firm UzhavarBumi
By Narinder Kapur 21 April, 2020
UzhavarBumi Agro Products Pvt. Ltd, a dairy products company, has raised Rs 1.7 crore (around $221,686 at current exchange rates) from Native Angels Network, the investment arm of the Tier-II and Tier-III focused Nativelead.
Madhuranthagam-based UzhavarBumi was set up in 2017 by Vetrivel Palani and Paneerselvam. The company says it works directly with farmers and workers in the space to provide fresh milk to consumers with a focus on unadulterated products.
Nativelead Investments
Happy Hens | Nativespecial | VilFresh | Freshworld | SP Robotic Works | Farmers Fresh Zone | Carbon Masters
“We began with the notion that organic and fresh produce should be commodities that are available for all, regardless of their socio-economic status,” Palani said.
The company’s primary offering is fresh milk, which it says it provides to customers within 12 hours of sourcing. Other products include ghee and honey. Currently, it delivers up to 4,000 bottles a day and services over 50 areas with more than 2,500 customers, according to its website.
Sankar Kanagasabai acted as the lead investor in the funding exercise.
Meanwhile, Nativelead says it helps connect startups with established entrepreneurs in their region. These established investors can then contribute both their money and strategic expertise to help these startups grow their business.
The investment platform says it has engaged with at least 300 startups and counts 242 investors across six chapters. Other startups it has funded include SP Robotics, Fresh World, Happy Hens and Carbon Masters, according to its website.
Separately, Kanagasabai said he and the other members of the Native Angels Network were confident in their investment because of its product and social impact focus.