Bangladesh
iFarmer is a tech-enabled, end-to-end solution provider operating at the confluence of B2B, Fintech, Supply Chain, and AgriTech industries. Founded in 2017 and headquartered in Bangladesh, the company has developed an innovative online platform that allows individuals to sponsor farming and livestock ventures, thereby contributing to efficient agriculture solutions amidst rising urbanization and looming global food demands.
With 30% of Bangladesh's population currently urbanized and projections estimating a rise to 50% by 2030, the challenge of feeding a growing populace is pressing. iFarmer addresses this by connecting farmers, space and landowners, investors, and crop buyers, building a comprehensive farming supply chain.
The startup's potential for impact and growth is underscored by a $687.50K venture round investment secured on 23 March 2023, led by noted investors Accelerating Asia and Millville Opportunities Management. This positions iFarmer as an emerging leader poised to revolutionize the agricultural landscape in Bangladesh and beyond.
