India, May 6 -- Agritech startup Poshn has raised $4 Mn (around INR 33.3 Cr) in equity and $2 Mn in debt in a pre-Series A funding round co-led by Prime Venture Partners and Zephyr Peacock India.

The New Delhi-based startup will deploy the fresh proceeds to build more of its solutions that address the gaps in the system. Besides, the capital will be used to expand business to Southeast Asian and Middle Eastern countries.

With this round, the company claims to have raised $8 Mn in total equity funding.

Founded by Shashank Singh and Bhuvnesh Gupta in 2020, Poshn offers full-stack services for wholesale commodities trading. It offers a tri-party commerce platform where wholesale buyers can purchase from millers and stockists. It aims to o...