|Fundraising Alert|

I am humbled to share the news of the $100K fundraise of Bull Agritech as their Fundraising Advisor. Personally, this is the first instance of aiding a fundraiser as a consultant.


With the new infusion, Akassh P., Nilesh Bhalala, Jeet Shastri, Adishwar Jain and Shahin Patel have joined in on the capable.


The Backstory:

Thanks to our coffee connection, I met the founders of Bull Agritech Hit Desai and Divyajeetsinh Chauhan through Rushabh Shah of STIR Advisors with whom I met through Jatin Chaudhary of eChai Ventures. This was my first experience working with someone as an 
#investmentbanker to meet the capital requirements of a startup.

With our close engagement with the founders, we will continue to help them in their capital-raising journey.


About Bull Agritech:

📌 Bull Agritech aims to create India's largest #agricommodity #supplychain by leveraging technology and its network of farmers and commodity processors.

📌 BA facilitated trades worth 35 crores in 24 months. Over 6000 farmers chose BA for selling crops instead of local APMCs.

📌 After reporting a 200% YoY growth, the company aims to sustain a 25% MoM growth and expand in the less penetrated farmer financing market.


Special Shoutout:

We rooped in Khyati Jha from Spectrum Partners to manage the legal side of the transaction. It has now been 5+ deals with Khyati on the legal front in the last couple of years. Bunty Hudda from Hudda & Associates Company Secretaries LLP led the secretarial piece. Harshit Dave also worked as a supporting pillar for the deal.

I extend my heartiest congratulations and support to the Bull #agritech team in their journey to growth and success.

The eChai Effect - In Their Words

"At DevX.Work, we’ve greatly benefited from our association with eChai. Their events and networking forums have connected us with high-potential startups, ecosystem leaders, and innovation-driven professionals — many of whom have become valuable partners, collaborators, and even clients. What stands out most is the openness and accessibility of the community — whether you're an early-stage founder or an experienced entrepreneur, eChai provides a welcoming space to learn, collaborate, and grow. It's more than just a network — it's a catalyst for real, collaborative growth. We’re proud to be part of the eChai community. Highly recommended for any organization aiming to grow within the startup space."
Umesh Uttamchandani - Co-Founder, DevX
Umesh Uttamchandani
Co-Founder, DevX
"eChai has played a truly pivotal role in HummingBird’s journey — even before Day Zero. From ideation to establishment and into growth, it’s been a constant source of support. It connected me with incredible people who’ve become more than just friends. One of the biggest reasons I chose to stay in Ahmedabad is because of the eChai community. It has shaped my growth — both personally and professionally — in ways that are hard to articulate. Honestly, words fall short when I try to express what eChai means to me. I’m deeply thankful and forever grateful to eChai for being such an integral part of my journey."
Harsha Bhurani - Founder, HummingBird Consulting Group
Harsha Bhurani
Founder, HummingBird Consulting Group
“You don’t plan to build a company via eChai. You just keep showing up … and one day, you realize you did.” I’ve known Jatin since 2012, when I was still deciding what kind of second innings I wanted to play as an entrepreneur. Over the years, through events, chai breaks, intros, and seemingly small conversations, eChai helped shape not just Upsquare but also refined the lens through which we see collaboration. At Upsquare, we’ve hired talent, met partners, discovered co-investors, and built lifelong friendships. One of our joint ventures exists today only because a casual eChai memory sparked a deeper trust. Now, as we build House of Starts — our venture builder — eChai continues to fuel our mission: co-creating a shared future. eChai isn’t just a startup network. It’s a trust network. And for business builders like me, that makes all the difference."
Utpal Vaishnav - Founder @ Upsquare & House of Starts • Angel Investor + LP
Utpal Vaishnav
Founder @ Upsquare & House of Starts • Angel Investor + LP

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