Dairy-Tech startup Oright raised USD 1 million in seed funding, led by Aeravti Ventures. The newly secured funding will allow Oright to scale its innovative platform, expand its product offerings and further empower the farmers, processors, and distributors it serves.
Founded in 2019, Oright said that it is dedicated to building a highly efficient, synchronised supply chain for the dairy industry using cutting-edge technology. From farm to consumer, Oright claims to ensure transparency, quality, and sustainability at every stage of the value chain.
“This seed round is a major milestone for Oright as we push forward with our vision to modernize the dairy industry through technology and financial inclusion,” said Utkarsh Kapoor, Co-Founder at Oright. “We are deeply grateful to Aeravti Ventures and our other partners for their belief in our vision. With this new capital, we will accelerate efforts to expand our reach and deliver greater value to the entire dairy ecosystem, particularly in rural communities. Our focus is to drive financial empowerment for small-scale farmers, allowing them to access better resources and improve productivity. This will also promote long-term sustainability within the dairy supply chain,” he added.
The funds from this round will be allocated to several key areas, including strengthening Oright’s sales and marketing efforts, advancing research and development, and enhancing its fintech platform. This will help Oright solidify its position as a leader in the dairy-fintech space, while continuing to create sustainable solutions for all stakeholders involved in the industry.
Rishabh Singh, Managing Partner at Aeravti Ventures, shared his enthusiasm about the investment, saying, “We are excited to partner with Oright on their journey to drive meaningful change in the dairy industry. Their innovative approach of integrating technology and financial services across the supply chain aligns perfectly with our mission of promoting inclusive and sustainable growth.”
