General Autonomy has raised $3 million in seed funding from India Quotient, Elevation Capital, and others. In another development, agritech startup DeHaat has acquired Nashik-based Freshtrop Fruits Ltd.
General Autonomy raises $3m
Robotics startup General Autonomy, founded by Sharechat cofounders Farid Ahsan and Bhanu Pratap Singh, has raised $3 million in seed funding from venture capital firms India Quotient, Elevation Capital, and a few angel investors, per an announcement.
Angel investors in this round include Srinath Ramakkrushnan of Zetwerk, Ramakant Sharma of Livspace, and Ankush Sachdeva of ShareChat.
In a post on X, Ahsan said the mission of General Autonomy is to “revolutionise the future of factories”.
Ahsan and Singh, who was chief technology officer at ShareChat, had stepped down from their active roles at Sharechat in January.
DeHaat acquires Freshtrop
Agritech startup DeHaat has entered into a business transfer agreement with Nashik-based Freshtrop Fruits Ltd, one of the leading exporters of grapes and other fruit in the country, for an undisclosed sum.
As part of the agreement, the Gurugram-based agritech startup will acquire Freshtrop’s export network, grading, packing, precooling centres, as well as its leadership team. The investment will help DeHaat with grape exports from India to the rest of the world and build R&D capabilities to grow new grape varieties, per media reports.
Founded by Ashok Motiani and his family, Freshtrop Fruits has been exporting grapes and other fruit like pomegranate and mango from India to supermarket chains in the UK, EU, and various other countries for the last over 25 years.