IIT Kanpur-incubated ScaNxt secures investment from Zerodha's Rainmatter

Kanpur, Nov 6 (UNI) ScaNxt Scientific Technologies Pvt. Ltd, an IIT Kanpur-incubated deep-tech agritech startup, has announced that it has joined the portfolio of Rainmatter, Zerodha's investment arm focused on climate and deep technology. The company has raised an undisclosed sum from Rainmatter, along with investments from the Small Industries Development Bank of India (SIDBI) and Export-Import Bank of India (Exim Bank). The investment strengthens ScaNxt's ability to scale its deep-tech platform for soil health, AI-powered pest detection, and climate-resilient farming solutions. The fresh capital will be directed towards accelerating product development, deepening research and development, expanding the company's network…