Press Release

First Exit of Nativelead Startup

Uzhavarbumi, a direct-to-customer agri-tech start-up Raised funds with Nativelead foundation During FY 20-21 . Mr.Sankar Kanagasabai , MD of Shree Renga Polymers , Karur and Mr Sriram Sankaran , MD of Synchron Groups , Coimbatore, Lead the investment for three years till Fy 22-23 , until they received funding from Anicut Capital, a venture capital firm. Uzhvarbumi gave exit to Nativelead foundation During this fund raise with Anicut capital. The start-up, which is based in Madurantakam, Chengalpattu, delivers farm-fresh milk at the doorstep of the consumer in urban areas of Chennai, procuring milk from rural and marginal farmers at a better market price and forming a bridge between the primary producers (farmers) and consumers. The start-up aims to expand their operations across Bengaluru in 2023 and Hyderabad in 2024. Uzhavarbumi procures from over 2,200 farmers and operates 42 hubs across Chennai, delivering dairy products to over 15,000 customers. At present, Uzhavarbumi does around 15 lakh home deliveries per year. The firm uses glass bottles for delivery which has led to reduction of seven tonnes of plastic usage every year.