Handpickd Raises INR 21.7 Cr Funding Led by Genesia Ventures, Nitin Gupta The startup has already received INR 10.16 crore, with the rest expected shortly.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Anant Goel, Handpickd

Fresh farm produce startup Handpickd (formerly Sorted) has secured INR 21.7 crore (approximately USD 2.5 million) in an extended seed round led by Genesia Ventures and Nitin Gupta, alongside participation from BEENEXT, Stargazer Ventures, Eximius Ventures, and Sunrise Sunset Family Trust, among others.

As per regulatory filings accessed in March 2025 from the Registrar of Companies, Handpickd's board approved the issuance of 10,547 Series Seed B CCPS at a price of INR 20,566 per share. Nitin Gupta, via GG Enterprises, invested INR 6.48 crore, with Genesia Ventures adding INR 6 crore.

BEENEXT followed with INR 2.16 crore, and the Sunrise Sunset Family Office pledged INR 2 crore. Other contributors include Infinyte Club Angel Fund, Stargazer Ventures, Eximius Ventures, and Ankit Agarwal.

The startup has already received INR 10.16 crore, with the rest expected shortly. According to estimates by Entrackr, the Blume Ventures-backed Handpickd is now valued at around INR 300 crore (USD 35 million).

Founded by Anant Goel, Nitin Gupta, and Sahil Madan, Handpickd operates on a B2B2C model, sourcing fresh fruits and vegetables directly from farmers and local vendors. The startup utilises a tech-enabled supply chain and a network of micro-entrepreneurs to streamline last-mile delivery.

According to data from TheKredible, Handpickd has raised around USD 9 million to date, with investors including Kunal Bahl and Rohit Bansal. The company saw a 2.3X growth in operating revenue, reaching INR 17.5 crore in FY24 from INR 7.4 crore in FY23, while keeping its losses steady at INR 2.1 crore.

Handpickd competes with other agri-tech startups like Otipy, Fraazo, Deep Rooted, and celebrity-backed Pluckk.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.