India, Sept. 28 -- Agritech startup Balwaan Krishi has raised Rs.100 Cr (around $10 Mn) in its Series B funding round led by First Bridge India Growth Fund Private Equity, with participation from other institutional investors whose names were not disclosed.

The Jaipur-based startup will use the capital to expand domestic manufacturing capacity, strengthen its dealer and service network in southern India, and develop new farm equipment.

Balwaan said a significant portion of the funding will go towards manufacturing in India to reduce its dependence on imported machinery and components, while giving it greater control over product quality and availability.

Its product development plans include power weeders, battery sprayers, and other f...