Mitti Labs Bags $9.5 Mn To Make Rice Cultivation Water-Efficient

by · Inc42

SUMMARY

  • The startup plans to deploy the funds to expand its operations across India, set up new greenfield projects in Philippines and Indonesia and expand its AWD program
  • The fundraise marks another shot in the arm for the Indian clean tech ecosystem, which is growing on the back of government sops, zero-emission commitments and rising adoption of green technologies
  • Founded in 2023, Mitti Labs helps farmers adopt irrigation practices that reduce water and methane consumption. It then sells these savings to enterprises as carbon credits