2023-24 Pre-Budget expectations of the agriculture & allied sector

31-Jan-2023 - 0 Comments.

As the union Budget 2023 is scheduled for 1February 2023, Agritimes.co.in received lots of suggestions and view that needs to be focused for the agriculture and allied sector.

Climate-smart deeptech firm Ecozen raises $25 mn

27-Jan-2023 - 0 Comments.

Ecozen announced that it has raised $25 million of combined equity and debt capital. 

Best Agrolife revenue up by 41% in Q3FY23

27-Jan-2023 - 0 Comments.

Best Agrolife Ltd, the leading agrochemical company in India, on Thursday declared financial results for Q3FY23 in its Board of Directors meeting.

Top 10 challenges facing Indian agriculture today

26-Jan-2023 - 0 Comments.

Agriculture is a major contributor to the Indian economy, accounting for around 18 percent of the country's GDP and providing employment for around 50 percent of the population.

What is sustainable development in agriculture

23-Jan-2023 - 0 Comments.

Sustainable development in agriculture refers to the practice of farming in a way that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Polymatech unveils next-gen horticulture LED grow light

13-Jan-2023 - 0 Comments.

Polymatech Electronics, India's first semiconductor chip manufacturer specialising in Opto-semiconductors, announced the launch of its new horticulture LED products: Ravaye  full-spectrum packages and modules, as well as monochromatic LEDs.

Krishify launches AI-driven chatbot for the Indian farmers 

12-Jan-2023 - 0 Comments.

Krishify, an agritech company that is known for building the largest social network of farmers in India, has developed an agriculture chatbot named Bhoomi.

BioPrime AgriSolutions awarded patent for invention of a novel bio-formulation to manage abiotic stress in plants

10-Jan-2023 - 0 Comments.

Indian Government’s patent office has granted BioPrime AgriSolutions patent number for the invention of a Novel Bio-Formulation to manage Abiotic Stress in plants and to improve the yield.

Online agrochemicals firm, AgFarm launches its products in Chhattisgarh

02-Jan-2023 - 0 Comments.

Dubai-based agrochemical company, AgFarm has introduced its entire product range in Chhattisgarh. The launch coincides with the Rabi crop sowing season in India, typically starting in the winter season.

India's agrifood startups raises a whopping US $4.6 billion funding in FY2022

30-Nov-2022 - 0 Comments.

India has overtaken China as Asia-Pacific's biggest funder of agrifoodtech innovation, attracting record levels of investment in the fiscal year April 2021 to March 2022, according to AgFunder and Omnivore's fourth India AgriFood Startup Investment Report.

Indian Immunologicals inks partnership with CIFE, to launch country’s first commercial fish vaccines

29-Nov-2022 - 0 Comments.

Indian Immunologicals Limited (IIL), a leading vaccine manufacturer, has announced partnership with Central Institute of Fisheries Education (CIFE), Mumbai, an Indian Council of Agricultural Research (ICAR) Institute for the commercial development of vaccine against common bacterial diseases in freshwater fishes. 

Absolute along with DigiSafe launches Digifasal, first-of-its-kind insurance for farmers

28-Nov-2022 - 0 Comments.

Absolute, a plant bioscience company in collaboration with DigiSafe has launched India’s first-of-its-kind Do-It-Yourself insurance marketplace – Digifasal.

India’s Rabi acre coverage increased by 2.4 MN hectares

27-Nov-2022 - 0 Comments.

Indian Agriculture and Farmers Welfare Minister Narendra Singh Tomar informed that Rabi area coverage has increased by 2.41 million hectares (24.13 lakh ha) over last year.

Fresh From Farm raises over INR 3.2 Cr in seed round led by Inflection Point Ventures

26-Nov-2022 - 0 Comments.

Food-Agri Business start-up Fresh From Farm has raised over 3.2 Cr in Seed Round led by Inflection Point Ventures. Fresh From Farm is a demand-and data-based aggregation ecosystem that recognizes retailer demand trends and buys the precise amount from farmers.

Dharmaj Crop Guard IPO to open on November 28, sets price band at INR 216 to ₹237 per equity share

24-Nov-2022 - 0 Comments.

Dharmaj Crop Guard Limited is an agrochemical company engaged in the business of manufacturing, distributing, and marketing of a wide range of agro chemicals such as insecticides, fungicides, herbicides, plant growth regulator, micro fertilizers and antibiotic to the B2C and B2B customers has fixed the price band at INR 216 to INR 237 per Equity Share for its maiden public offer.

Best Agrolife bags A- credit rating from Care Ratings

22-Nov-2022 - 0 Comments.

Indian agrochemical major Best Agrolife Ltd. (BAL) on Friday informed that CARE Ratings Limited has assigned a 'CARE A-' rating to the long-term bank facilities of the company with a stable outlook.

TechEagle transports the world's first vaccine via Drone for animal husbandry department in Arunachal Pradesh

22-Nov-2022 - 0 Comments.

TechEagle, a leading drone delivery startup that offers world-class end to end drone delivery solutions has transported the world's first vaccine delivery for Animal Husbandry in Arunachal Pradesh in collaboration with the Department of Animal Husbandry, Govt of Arunachal Pradesh to strengthen the supply chain for Animal Husbandry by providing safe, secured and faster delivery of various Animal Husbandry related items starting from Lower Dibang valley. 

SLCM’s agri-financing arm Kissandhan on-boards more than 9600 women loan beneficiaries

15-Nov-2022 - 0 Comments.

Kissandhan, India’s leading Multi Asset Agri Finance NBFC and a subsidiary of the SLCM Group, has on-boarded more than 9600 plus women loan beneficiaries through its BC (Business Correspondent) Partnership Lending Programme and disbursed more than 413.40 Million of loan to them.

CM Conrad Sangma awards Land Patta to more than 100 tribal households in Reserve Gittim in Western Garo Hills 

12-Nov-2022 - 0 Comments.

In a historic development, the CEM has transferred Land Ownership rights to Tribal Households of Reserve Gittim village in West Garo Hills.

Arya.ag invests in computer vision-focused SaaS start-up, Assert AI’s latest USD 2 million fundraising round

09-Nov-2022 - 0 Comments.

Arya.ag, India's largest & only profitable integrated grain commerce platform, has announced a strategic investment in computer vision-focused SaaS startup Assert AI. The development is part of Assert AI's latest fund-raise amounting to USD 2 million and involved participation from Prashant Purker, Ex- MD & CEO of ICICI Venture, in his personal capacity. 

Hyderabad's Marut Drones demonstrates agri multi utility drone platfrom to Prime Minister Naredra Modi

20-Oct-2022 - 0 Comments.

Hyderabad's Maru Drones, a pioneer in Drone industry demonstrated their Agri Multi Utility Drone Platfrom AG 365 to Prime Minister Naredra Modi.

Cropin floats revolutionary agritech cloud platform

29-Sep-2022 - 0 Comments.

The Cropin Cloud, developed by Bengaluru-based agritech company Cropin, is an agriculture intelligence cloud that can provide data generated over the course of more than ten years and assist farmers and those involved in agribusinesses, such as suppliers, banks, and insurers, in achieving higher crop yield and quality.

Samunnati,GROWiT collaborate to promote protective farming

27-Sep-2022 - 0 Comments.

Samunnati, an open agro network, and GROWiT, a Surat-based Direct-to-Farmer (D2F) protective farming and agritech startup, have partnered to spread protective agricultural practices and goods among farmers affiliated with former and its farmer producer organisations (FPOs).

Federal Bank begins testing for RBIH-developed KCC

23-Sep-2022 - 0 Comments.

Federal bank officially launched the pilot for Instant Kisan Credit Card (KCC) in the presence of the Reserve Bank Innovation Hub (RBIH) and the Tamil Nadu state government.

Farm-to-consumer firm, Deep Rooted raises $12.5 MN in Series A from IvyCap & Accel 

22-Sep-2022 - 0 Comments.

Deep Rooted, India's leading farm-to-consumer (F2C) brand for fruits and vegetables has announced that it has raised US $12.5 million in Series A funding. The round was led by IvyCap Ventures with participation from existing investors including Accel, Omnivore, and Mayfield.  

Pesticide's use did not affect basmati rice export, analysis by CCFI reveals

21-Sep-2022 - 0 Comments.

India is a global leader in rice exports - both Basmati and non-Basmati. In the last 10 years from 2012-13, India’s Basmati rice export (in volume terms) has grown 46 percent at a CAGR of 4 percent. 

Dawn of GM crops ensuring food security and environmental gains

21-Sep-2022 - 0 Comments.

Since the first genetically modified (GM) crops for sale to consumers were sown in the 1990s, farmers across the world have seen their incomes rising due to higher farm productivity and efficiency gains.

Nutrition Technologies closes USD 20m equity financing

21-Sep-2022 - 0 Comments.

Agri-biotech business Nutrition Technologies, based in Singapore, secured USD 20 million in equity capital.

Farmers Fresh Zone acquires milk chain platform AM Needs

21-Sep-2022 - 0 Comments.

Farm produce online retailer Farmers Fresh Zone (FFZ), incubated in Kerala Startup Mission (KSUM), has acquired milk delivery platform AM Needs for $2 million (INR 15.95 crore) in cash and stock deal.

GoI intends to promote agritech further to help small farmers

19-Sep-2022 - 0 Comments.

The Indian agricultural industry is gradually introducing more technological advancements. The technological advancements in the agritech sector are creating investment opportunities by raising productivity and efficiency levels.

SLCM anticipates double AUM at INR 11,500cr in FY23: CEO Sandeep Sabharwal

19-Sep-2022 - 0 Comments.

Agri logistics post-harvest company Sohan Lal Commodity Management Pvt Ltd (SLCM) anticipates doubling its assets under control to Rs 11,500 crore during the current fiscal year, stated a senior company official.

Roeslein Alternative receives a USD 80m grant to create a new climate-smart agriculture value chain

16-Sep-2022 - 0 Comments.

Roeslein Alternative Energy (RAE) announced that it had received USD 80 million in federal funding for a five-year pilot project to create a value chain for climate-smart agriculture where farmers who plant prairie grasses and cover crops are compensated with environmental credits and receive income from renewable energy.

Agtonomy receives seed III funding from Cavallo Ventures and Mirae Asset

16-Sep-2022 - 0 Comments.

Ag-tech innovator Agtonomy announced it closed a USD 13.5 million funding round for its cutting-edge software and services.

Proveye receives funding from the European Space Agency worth USD 225k

14-Sep-2022 - 0 Comments.

The European Space Agency (ESA) has awarded Proveye, an Irish AgTech business that invented the use of digital image data for agricultural and environmental protection, USD 225,000 through the ARTES 4.0 Downstream Applications Demonstration Fund.

Precision agriculture sector must gain pace for ecological balance, says former ICAR Director General

14-Sep-2022 - 0 Comments.

Precision agriculture and usage of technology in the agriculture sector must gain pace as it would help twin causes of achieving reasonable growth and maintaining ecological balance at the same time, said Dr. Trilochan Mohapatra, Former Director General, Indian Council of Agriculture Research (ICAR).

Ayekart raises USD 5.5 million in debt and equity to support growth

13-Sep-2022 - 0 Comments.

Ayekart, a startup in the agri-fintech sector, has raised USD 5.5 million from Siply, a fintech platform, and Caspian Debt, a corporate lending financial institution. The Latter provided about USD 2.5 million in debt financing, and former provided over USD 2.8 million in equity finance.

Growhub Innovations announces joint project with Koufuku Group to enter Asean market 

07-Sep-2022 - 0 Comments.

The GrowHub Innovations Company ("The GrowHub"), Asia Pacific's only Web3-enabled plug-and-play ecosystem builder for food traceability and carbon credits, and KOUFUKU GROUP, a Japanese food company with over 50 years of history, have signed an MoU partnership for a joint project on market penetration using The GrowHub's proprietary Web3 technology.

Shakti Pumps receives patent for 'slip start synchronous run motor'

07-Sep-2022 - 0 Comments.

Shakti Pumps (India) Limited (herein referred to as ‘Shakti Pumps’), India's leading manufacturer of energy-efficient pumps and motors has received its second patent during FY23 for creating Shakti Slip Start Synchronous Run Motor. 

B2B food processing firm Suite42 raises $4.3 MN in seed round from Omnivore, Orios

07-Sep-2022 - 0 Comments.

Suite42, a B2B food processing platform, announced today that it has raised USD 4.3 million in Seed funding.

Cropin launches world's first purpose-built industry cloud for agriculture

06-Sep-2022 - 0 Comments.

Agritech pioneer Cropin announced the launch of Cropin Cloud, the world's first purpose-built industry cloud for agriculture. Cropin Cloud is a multi-tenant, secure, scalable, flexible, intelligent cloud platform enabling agri-businesses, development agencies, governments, and allied industries to accelerate digital transformation across their business value chain.

3F Oil Palm invest INR 250 CR in state-of-the-art integrated oil palm factory in Arunachal Pradesh 

03-Sep-2022 - 0 Comments.

Hyderabad based 3F Oil Palm Pvt. Ltd, a leading oil palm company in India, today announced that it will kick off its investment in the northeast by setting up an integrated Oil Palm factory in Arunachal Pradesh.

Farmley raises $6M in Series A funding

24-Aug-2022 - 0 Comments.

Farmley, a full-stack nuts & dry fruits brand, has raised $6 million in Series A funding. The round was led by DSG Consumer Partners and Alkemi Growth Capital alongside existing investors Omnivore, Insitor Partners, and other angel investors. 

Foodgrains production estimated to be record 315.72 million tonnes in 2021-22

24-Aug-2022 - 0 Comments.

The fourth advance estimates of production of major agricultural crops for the year 2021-22 have been released by the Union Ministry of Agriculture and Farmers Welfare. The production of Foodgrains in the country is estimated at 315.72 million tonnes which is higher by 4.98 million tonnes than the production of foodgrain during 2020-21.

Agri-Insurtech startup IBISA raises seed funding from Ankur Capital

16-Aug-2022 - 0 Comments.

Agri insurtech startup IBISA announced that Ankur Capital, an India-based leading early-stage venture capital fund focused on transformative technologies in deeptech and climate tech has joined its seed round.

Mahindra complete acquiring 100% stakes in Sampo Rosenlew Oy

Mahindra & Mahindra has hiked its stake in its Finland-based arm Sampo Rosenlew Oy to 100 percent with the acquisition of residual shares for over INR 35 crore.

Rallis India reports INR 863 Cr revenues for the Q1

21-Jul-2022 - 0 Comments.

Rallis India Limited, a TATA Enterprise and a leading player in the Indian Agri inputs industry announced its financial results for the first quarter of the financial year starting April 2022.

Piatrika Biosystems raises $1.2 MN seed funding led by Ankur Capital

Agri-Genomics startup, Piatrika Biosystems has raised $1.2 Million in a seed round led by Ankur Capital.

Agri-Fintech startup Hesa to provide financial solutions across 30,000 villages in 2022

Agri-Fintech startup Hesa has announced that it aims to provide financial solutions to over 60K Hesaathi’s across 30,000 villages in tier 2 and 3 cities.

Shakti Pumps revenue records 62.8% year-on-year growth during Q1

Shakti Pumps (India) Ltd., backed by steady growth in sales has registered an impressive growth in net profit for the quarter ended June 30, 2022.

Samunnati open agri network enters co-lending partnership with State Bank of India for financing FPOs

Samunnati, India's Open Agri Network has entered into the largest Co-Lending partnership in India aimed at the Farmer Producer Organization (FPO) space with SBI, India's largest bank. The initial program amount is INR 100 Crores.

Vegrow raises USD 25 million to broaden its geographic scope

Prosus Ventures led the Series B investment round of USD 25million for Vegrow, a B2B agritech marketplace for fruits.

DLL India sells its agriculture, healthcare finance portfolio to Kotak Bank

11-Jul-2022 - 0 Comments.

Kotak Mahindra Bank, a private sector lender, announced that it has purchased the portfolio of agricultural and medical equipment financing from De Lage Landen International BV's Indian business (DLL). With this, the bank has acquired 25,000 new clients with a credit balance of roughly INR 582 crore.

Arya.ag crosses INR 500 crore milestone on its fintech platform

29-Jun-2022 - 0 Comments.

Arya.ag, India’s largest and fastest-growing integrated grain commerce platform, today announced crossing the distinct milestone of reaching the INR 500 crore book outstanding on its embedded fintech platform, Aryadhan.

Go Green Warehouse raises undisclosed funds through structured debt financing

Go Green Warehouses Private Limited, an integrated commodity management solutions provider, announced the raising of structured debt finance from a domestic financial institution.

Jain Irrigation to merge international irrigation business with Rivulis

21-Jun-2022 - 0 Comments.

Jain Irrigation Systems Limited and Temasek-owned Rivulis, Singapore has announced that Jain International Trading B.V. (a wholly owned subsidiary of Jain Irrigation) and Rivulis have entered into definitive transaction agreements.

Climate-smart deeptech startup Ecozen raises INR 54 Cr in Series C funding led by Dare Ventures

20-Jun-2022 - 0 Comments.

Climate-smart deeptech startup Ecozen has announced that it has raised INR 54 crore of additional funding as the first tranche of a planned INR 200 crore Series C round.

India's foodgrains production estimated 314.51 million tonnes during 2021-22

01-Jun-2022 - 0 Comments.

The third advance estimates of production of major agricultural crops for the year 2021-22 is estimated at record 314.51 million tonnes which is higher by 3.77 million tonnes than the production of foodgrain during 2020-21.

Ergos' tech platform, which connects half a million farmers, intends to generate INR 1800-INR 2000 crore in revenue by next year

29-Apr-2022 - 0 Comments.

GrainBank scaled across 26 districts in Bihar, 10 Districts in Karnataka and 17 Districts in Maharashtra with 1,45,000 farmers actively engaging on the technology-based platform, and adding 400-450 new farmer every day.

Anuvia Plant Nutrients raises USD 65.5m in series D funding led by Riverstone Holdings, Piva Capital

27-Apr-2022 - 0 Comments.

Anuvia Plant Nutrients, a Winter Garden, FL-based company that makes sustainable field-ready fertilisers for the agriculture, turf, and lawncare industries, has raised USD 65.5m in Series D funding.

Seso raises USD 25m in seed funding lead by Index Ventures

18-Apr-2022 - 0 Comments.

Seso, a San Francisco, CA-based workforce management platform for agriculture, closed USD 25m in Series A funding.

Ingen Technologies launches SecuLock to prevent dairy products' theft, pilferage

13-Apr-2022 - 0 Comments.

Ingen Technologies, a fully owned subsidiary of WRMS, launches SecuLock, a state-of-the-art indigenously manufactured smart e-lock developed for live monitoring and prevention of theft and pilferage, especially in milk tankers. 

Omnivore announces launch of new USD 130m venture fund focusing on agritech, climate sustainability

12-Apr-2022 - 0 Comments.

Omnivore, India's leading agritech venture capital firm, recently announced the launch of its third fund, with a target corpus of USD 130m (INR 1000 crore).

Protein Industries Canada plans to grow plant-based food and ingredient ecosystem

11-Apr-2022 - 0 Comments.

Protein Industries Canada recently announced a new project to grow the plant-based foods ecosystem in Atlantic Canada.

Gevo, Farmers Edge signs MoU to verify sustainable fuels from low-carbon grain through Verity Tracking

07-Apr-2022 - 0 Comments.

Gevo, Inc and Farmers Edge Inc, a global leader in digital agriculture, announced that they signed a memorandum of understanding to work together to deliver a one-of-a-kind, carbon inset management program.

Water Ways' update on the acquisition of Hidrotop, a Chilean Smart Irrigation Provider

06-Apr-2022 - 0 Comments.

Water Ways Technologies Inc, a global provider of Israeli-based agriculture technology that provides water irrigation solutions to agricultural producers, is pleased to report that the due diligence process on the acquisition of Desarrollo De Sistemas Hidraulicos SA (Hidrotop) is progressing well, and Water Ways expect to close the acquisition by mid-May, 2022, or such later date as the parties may mutually agree upon.

India's Organic Fertilizer Market expected to be worth USD 1.13bn by end of 2032

06-Apr-2022 - 0 Comments.

The Indian organic fertilizer market is anticipated to witness a growth rate of around 7 per cent during the period of 2022 and 2032. Market growth is attributed to the growing popularity and demand for organic farming and gardening.

Geo Fertilizer launch offers farmers hope of boosting crop yields

01-Apr-2022 - 0 Comments.

Nigerian farmers have every reason to be optimistic about a bumper harvest at the beginning of a new planting season with the launch of a novel crop balance nutrient fertilizer brand into the Nigerian market.

Satlantis announces strategic investment from Encino for satellite-based GHG

01-Apr-2022 - 0 Comments.

Satlantis LLC, a US technology leader in high precision miniaturized satellites and cameras is pleased to announce a strategic investment from Encino Environmental Holdings LLC (Encino).

Leaf Agriculture raises USD 5m seed funding from S2G Ventures

31-Mar-2022 - 0 Comments.

Leaf, food and agriculture's data infrastructure company, has raised USD 5m in seed funding led by S2G Ventures with participation from all existing investors including Cultivian, Radicle Growth, and SP Ventures.

Koidra raised USD 4.5m seed funding from Ospraie Ag Science for IA of greenhouses

30-Mar-2022 - 0 Comments.

Koidra, intelligent automation (IA) platform company based out of Seattle, has raised USD 4.5m in its seed round. Ospraie Ag Science (OAS) led this round of funding, with participation from Amritam Holdings, Cavallo Ventures, and Foothill Ventures.

Morocco receives USD 180m loan from World Bank to support sustainable agriculture

28-Mar-2022 - 0 Comments.

The World Bank recently approved a USD 180m Investment Project Financing (IPF) loan to support resilient and sustainable agriculture in Morocco.

Agricultural Bank of Egypt announces increase in agricultural credit categories for small farmers

28-Mar-2022 - 0 Comments.

The Agricultural Bank of Egypt (ABE) announced an increase in agricultural credit categories of 25 per cent to support small-scale farmers in the face of rising prices for inputs and production.

Uzbekistan gets USD 200m financial support from World Bank

26-Mar-2022 - 0 Comments.

The World Bank’s Board of Executive Directors approved a USD 200m financing package for the Second Rural Enterprise Development Project (REDP) aimed at supporting the establishment and expansion of farms and rural enterprises in 10 regions of Uzbekistan.

Ghana receives a USD 60m climate smart agriculture fund from World Bank for smallholder farmers

25-Mar-2022 - 0 Comments.

World Bank approves USD 60m fund for climate-smart agriculture initiative that preserves soil, water, plant, animal and human health which would affect directly about two million Ghanaian smallholder farmers.

ThriveAgric secures USD 56m in debt funding for business expansion in African market

24-Mar-2022 - 0 Comments.

ThriveAgric, an Abuja, Nigeria-based agtech company, raised USD 56.4m in debt funding. Investors included local commercial banks and institutional investors. The USAID-funded West Africa Trade and Investment provided USD 1.75m as a co-investment grant.

Sound Agriculture, Shell Collaborate on nitrogen emissions study

23-Mar-2022 - 0 Comments.

Sound Agriculture and Shell New Energies US (Shell) have collaborated to launch a feasibility study to measure the economic and environmental impact of reducing agriculture-related nitrous oxide (N2O) emissions.

Aquaconnect raised USD 8m from Trifecta Capital for business expansion

22-Mar-2022 - 0 Comments.

Aquaconnect, a Chennai-based network for aqua farmers, has raised USD 8 million in a venture debt funding round led by Trifecta Capital.

Apollo Agriculture secures USD 40m from Softbank, Chan Zuckerberg

22-Mar-2022 - 0 Comments.

Apollo Agriculture, a Kenya-based technology company that offers market access and financial services to farmers, secured USD 40m in funding from SoftBank Vision Fund 2 which former will use the funds for expansion of its business.

Iris Energy, enters into global strategic collaboration agreement with Finland's Clewer Aquaculture

18-Mar-2022 - 0 Comments.

Iris Energy LLC, USA (Aquatech Division) announce their entrance into a Global Strategic Collaboration Agreement with Clewer Aquaculture OY, Finland. This collaboration is created specifically to focus on the burgeoning business of building land-based Fish Farms globally, using Recirculating Aquaculture System (RAS) technology, for sustainable sourcing of the highly valued fish protein.

SupPlant raises USD 27m to combat climate change by assisting South African farmers

18-Mar-2022 - 0 Comments.

SupPlant, an Israeli agritech company, has raised an additional USD 27m (R408 million) to assist South African farmers to adopt digital solutions for fighting climate change.

Agritech Nakhla secures finance from Euphrates Ventures

17-Mar-2022 - 0 Comments.

Nakhla, an Iraqi-based Agri-tech social enterprise, has received a six-figure investment from Euphrates Ventures, an Iraq-focused venture fund. The investment was facilitated by the Iraqi Angel Investors Network and marks the first investment round completed by an Iraqi Agri-tech startup.

Belgium and US to finance FAO-led support to Tonga's farmers

17-Mar-2022 - 0 Comments.

The governments of Belgium and the United States of America, FAO is allocating a total of USD 700,000 to re-establish agriculture livelihoods for households affected by Hunga Tonga – Hunga Ha’apai volcanic eruption and tsunami.

World Bank supports food security, higher incomes of farmers vulnerable to climate change in Bangladesh

16-Mar-2022 - 0 Comments.

The government of Bangladesh and World Bank signed a USD 120m financing agreement to help improve the irrigated agricultural and fisheries production and increase the incomes of 170,000 poor people vulnerable to climate change.

UpajGuru, agri fintech platform launched

15-Mar-2022 - 0 Comments.

Dr Chandrasekhar, Secretary of DST, Govt of India; Dr Krishna Ella- CMD of Bharat Biotech launched the platform developed by Grus & Grade (G&G) and unveiled 'UpajGuru' agri fintech Platform.

Godrej Agrovet launches new insecticide Gracia, eyeing INR 25,000 Cr crop protection market

13-Mar-2022 - 0 Comments.

Godrej Agrovet Limited, one of India's largest diversified agri-business, today announced the launch of Gracia (Fluxametamide, an isoxazoline compound) in the Indian market.

Origin Agritech sets up a new subsidiary to expand its nutritional corn production

12-Mar-2022 - 0 Comments.

Origin Agritech Ltd an agriculture technology company, announced that the company established a new subsidiary in Hainan island to expand the capacity of nutrition enhanced corn production.

DLL, Mahindra & Mahindra Financial Services, MagNA to continue long standing partnership

11-Mar-2022 - 0 Comments.

Global financial solutions provider DLL, a fully-owned subsidiary of Rabobank Group, announced yesterday that they will extend their long-standing U.S. joint venture with Mahindra & Mahindra Financial Services Limited (MMFSL).

Santander launches crypto-backed agriculture loans in Argentina

11-Mar-2022 - 0 Comments.

In Argentina, Santander has teamed up with Agrotoken to provide agricultural products-based credits for farmers.

Otipy raises USD 32m from Westbridge Capital to expand its supply chain in new cities

09-Mar-2022 - 0 Comments.

Agri-tech startup Otipy has raised INR 235 crore (USD 32m) in its series B round led by Westbridge Capital. Existing investors SIG and Omidyar Network India were also involved, according to the company.

Cropin wins Climate Innovation Challenge; deploys robust climate-resilient solutions

08-Mar-2022 - 0 Comments.

Cropin, a global provider of agri-ecosystem intelligence, was recently named one of the winners of the Climate Innovation Challenge (CIC) grant, which is a sub-program of the Program for Asia Resilience to Climate Change, a trust fund administered by the World Bank and funded by the United Kingdom's Foreign, Commonwealth & Development Office (FCDO).

UNILORIN secure USD 1.44m from Central Bank of Nigeria to set up poultry farm

07-Mar-2022 - 0 Comments.

The University of Ilorin (UNILORIN) has secured a USD 1.44m (N600 million) loan from the Central Bank of Nigeria to establish a commercial poultry farm to boost the production of eggs and chicken, Mikhail Buhari, the Deputy Vice-Chancellor Research, Technology and Innovation, of the university stated this while speaking with the local news agency.

AgDevCo secures USD 90m of DFI funding to invest in African agribusinesses

04-Mar-2022 - 0 Comments.

AgDevCo, the specialist investor in early-stage African agribusinesses, recently announced a USD 90m package of new funding from the CDC Group (USD 50m), Norfund (USD 20m) and DFC (USD 20m) which will allow AgDevCo to continue to grow its investment activities in agriculture across Sub-Saharan Africa.

AgriAku Indonesian agritech raised USD 6m from Go Ventures in pre-Series A funding

04-Mar-2022 - 0 Comments.

Jakarta's AgriAku, a B2B marketplace for farmers, announced that it has raised USD 6m in pre-Series A funding. Go Ventures led the round, which also saw participation from MDI Arise, MDI Centauri, Mercy Corps Social Venture Fund, and angel investors.

USDA provides additional funding of USD 80m for long-term dairy industry resilience

03-Mar-2022 - 0 Comments.

The U.S. Department of Agriculture (USDA) announced an additional investment of USD 80m in the Dairy Business Innovation (DBI) Initiatives.

NIFA invests over USD 15m in agricultural economics, rural communities

03-Mar-2022 - 0 Comments.

The U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA) announced an investment of over USD 15m to support building new and better markets for U.S. agriculture and rural communities.

Yes Bank incubates scalable fintech solutions for agritech

02-Mar-2022 - 0 Comments.

YES BANK announced the launch of an annual start-up enabler program, YES BANK Agri Infinity, which seeks to co-develop digital financial solutions for the food and agriculture ecosystem by mentoring entrepreneurial ventures in the field.

Saudi's NFDP seeks USD 4bn investment in aquaculture

01-Mar-2022 - 0 Comments.

Saudi Arabia's National Fisheries Development Program (NFDP) official reaffirmed plans to attract over USD 4bn in foreign and local investment to the country's aquaculture sector.

NABARD permits MSC Bank to refinance PACCs

28-Feb-2022 - 0 Comments.

In a major development, NABARD has given permission to Maharashtra State Cooperative (MSC) Bank to give short-term refinance to the Primary Agriculture Credit Cooperative Societies (PACCs), connected with those DCCBs which are weak or not in a position to give finance to them.

Department of Agriculture invites investors to venture into fish aquaculture

28-Feb-2022 - 0 Comments.

The Department of Agriculture (DA) is encouraging investors to venture into large-scale production in aquaculture in support of the Comprehensive National Fisheries Industry Development Plan (CNFIDP), a five-year comprehensive framework for promoting the optimal development and long-term sustainability of the fisheries sector.

Prospero partners with Kalahari GeoEnergy to invest in geothermal use in aquaculture

28-Feb-2022 - 0 Comments.

Prospero, a UK-based investor, has partnered with Kalahari GeoEnergy to implement a project to develop direct applications of geothermal heat in Zambia. The first project to come out of this partnership will be aquaculture farms.

Krishify startup in agritech receives USD 6.2m in pre-series A round from Omnivore

25-Feb-2022 - 0 Comments.

Krihify, an agricultural tech platform, has raised USD 6.2m in a pre-Series A round led by venture capital fund Omnivore. Existing investors Ankur Capital, Omidyar Network India, and Orios Venture Partners were also involved in the financing round.

Wholsum Foods secures USD 7m; targets INR 500 crore revenue by 2025

25-Feb-2022 - 0 Comments.

Wholsum Foods, a millet-based food startup that makes Slurrp Farm, has raised USD 7m in a fresh round of fundraising led by Investment Corporation of Dubai and existing investor Fireside Ventures. Fundraising follows Fireside Ventures' initial investment of USD 2m in the company one year ago.

IFAD funded project to develop technologies to help smallholder farmers in Latin America, Caribbean

25-Feb-2022 - 0 Comments.

The UN's International Fund for Agricultural Development (IFAD) launched the Innovatech project, which aims to develop agricultural (AgriTech) and financial (FinTech) digital solutions to facilitate small farmer's access to markets and to financial and non-financial services in Bolivia, El Salvador, Guatemala, Haiti, Honduras and Mexico.

USDA NIFA Invests USD 16m for undergraduate agriculture research and extension experiences

24-Feb-2022 - 0 Comments.

The U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture (NIFA) announced a USD 16m investment in agricultural education and workforce development for undergraduate students from diverse backgrounds.

EIB, First Capital Bank partners to provide USD 14.17m investment boost for smallholder farmers across Malawi

23-Feb-2022 - 0 Comments.

The European Investment Bank (EIB) and European Union confirmed new cooperation with First Capital Bank to transform access to finance for agricultural businesses across Malawi.

Empire Tractor acquires Walldroff farm equipment

23-Feb-2022 - 0 Comments.

Empire Tractor, the New Holland and Kubota dealer with seven locations, has signed an agreement to acquire Walldroff Farm Equipment in Canton and Watertown, N.Y.

NABARD expects to lend INR 6.13 lakh crore to priority sectors in Maharashtra during 2022-23

22-Feb-2022 - 0 Comments.

The National Bank for Agriculture and Rural Development (NABARD) in its state focus paper on Monday has projected a potential credit outlay of INR 6.13 lakh crore to priority sectors in Maharashtra during 2022-23 against INR 5.95 lakh crore for 2021-22.

IFC, Zimbabwe partner to develop smallholder farmers' agriculture insurance

21-Feb-2022 - 0 Comments.

The International Finance Corporation (IFC), a member of the World Bank Group and Zimbabwe's insurance regulator, the Insurance and Pensions Commission (IPEC), announced a partnership to create a market for agricultural insurance products in Zimbabwe to protect smallholder farmers from weather-related crop damage and other shocks.

Indian government signs USD 115m loan agreement with World Bank for implementation of watershed projects

21-Feb-2022 - 0 Comments.

The Government of India, the State Governments of Karnataka and Odisha and the World Bank have signed a USD 115m (INR 869 crore) Programme (Rejuvenating Watersheds for Agricultural Resilience through Innovative Development Programme) that will help national and state institutions adopt improved watershed management practices to help increase farmers’ resilience to climate change, promote higher productivity and better incomes.

AGRIM secures USD 10m from Kalaari, Axis Bank to serve USD 50bn in Agri-Inputs market

19-Feb-2022 - 0 Comments.

AGRIM has raised USD 10m in Series A funding. Kalaari Capital led the round along with Omnivore, India Quotient, and Accion Venture Lab. As part of its Bharat Banking initiative, Axis Bank participated in the round.

USDA announces USD 50m in grants awarded to States to support the Seafood Industry

18-Feb-2022 - 0 Comments.

The U.S. Department of Agriculture (USDA) earlier this week announced an investment of approximately USD 50m in grants to support seafood processors, processing facilities and processing vessels through the Seafood Processors Pandemic Response and Safety Block Grant Program (SPRS).

Semaai raises USD 1.25m in pre-seed funding from Sequoia Surge, Beenext

18-Feb-2022 - 0 Comments.

Indonesia-based agri-tech startup Semaai earlier this week raised USD 1.25m (INR 8.75 crore) in a funding round.

SatSure raises USD 5m in funding from Baring PE India, ADB Ventures, and others

14-Feb-2022 - 0 Comments.

SatSure, a startup working at the intersection of spacetech, Artificial Intelligence (AI), and Software as a Service (SaaS), announces the raise of USD 5m in Pre-Series A funding in a round led by Baring Private Equity India Pvt Ltd, who have now been joined by ADB Ventures (Asian Development Bank's venture arm), according to a company press release.

Wyvern secures USD 4m from SDTC for satellite based farming

11-Feb-2022 - 0 Comments.

Wyvern, a satellite technology startup based in Edmonton, has secured a USD 4m CAD investment from Sustainable Development Technology Canada (SDTC), according to a local media report.

MoooFarm secures funding from Accel to assist small dairy farmers

02-Feb-2022 - 0 Comments.

Dairytech startup MoooFarm has raised USD 2.4m in an initial funding round led by Accel India. Rockstart's AgriFood fund and Navus Ventures also took part in the funding round.

Farming tech startup Bijak raises USD 19.4m from Bertelsmann, others

02-Feb-2022 - 0 Comments.

Bijak, a B2B trading platform for agricultural products, raised USD 19.37 million as part of its Series B funding round led by Bertelsmann, according to a regulatory filing.

ADB approves grant of USD $3.9 mn to boost rice production in Cambodia

01-Feb-2022 - 0 Comments.

The Asian Development Bank (ADB) has approved grant of USD 3.9m to boost the country’s rice quality and production, and repair the rice supply chain damaged by the coronavirus disease (COVID-19) pandemic.

Aqgromalin raises USD 5.25m to resolve animal protein supply chain issues

01-Feb-2022 - 0 Comments.

Aqgromalin, an agritech startup focused on animal husbandry and aquaculture, raised USD 5.25 million in funding in a round led by Sequoia India's Surge, Omnivore Partners India, and Zephyr Peacock India.

AFEX launches second round of funding to strengthen Nigeria's agricultural sector

01-Feb-2022 - 0 Comments.

AFEX has announced the reopening of its USD 240m Asset-Backed Commercial Paper (ABCP) to help stabilize Nigeria's agriculture sector by providing low-cost loans to Agro-processors to bridge the funding gap between lenders and borrowers, according to media report.

Dharmaj Crop Guard to raise INR 250 Cr to INR 300 Cr via IPO

29-Jan-2022 - 0 Comments.

Agrochemicals company, Dharmaj Crop Guard Limited, engaged in the business of manufacturing, distributing, and marketing of a wide range of agro chemical formulations such as insecticides, fungicides, herbicides, plant growth regulator, micro fertilizers and antibiotic to the B2C and B2B customers has filed its draft red herring prospectus (DRHP) for its initial public offering (IPO).

India’s integrated grain commerce platform, Arya.Ag raises US $60 Million in Series C

28-Jan-2022 - 0 Comments.

Arya, India’s largest integrated grain commerce platform has announced the close of its Series C round, having raised USD 60 million in a mix of equity and debt.

Milma’s TRCMPU approves INR 1158 budget, announces incentive of INR 2 per litre on milk procurement

28-Jan-2022 - 0 Comments.

Trivandrum Regional Co-operative Milk Producers Union (TRCMPU) of Milma has announced an incentive of INR 2 on each litre of milk procured from dairy farmers in four southern districts from February 1, in view of the rise in input cost and difficulties caused by the third wave of the Covid-19 pandemic.

Praman.ai transforming the apple trade in J&K

28-Jan-2022 - 0 Comments.

Known to be paradise on earth, Kashmir is celebrated for its apples across the globe with home to almost 100+ varieties of Apple. More than 40 percent of Kashmir's 80 lakh inhabitants, including seven lakh farmers, are involved in the apple trade.

Kings Infra creates a world record by harvesting 80 gm L. Vannamei shrimps

26-Jan-2022 - 0 Comments.

Kings Infra Venture Ltd., a technology-driven sustainable aquaculture company, has set a world record in the growth of pond-based aquaculture of L. Vannamei shrimps by harvesting shrimps weighing 80 gms (210 mm). L. Vannamei commonly known as the whiteleg shrimp are native to the eastern Pacific Ocean, from the Mexican state of Sonora to as far south as northern Peru.

Unethical business practices by e-Commerce platforms, says All India Farmers Alliance

26-Jan-2022 - 0 Comments.

All India Farmers Alliance feels concerned about the reported unethical business practices being resorted to by certain ecommerce platforms.

Omnivore launches OmniX Bio to support agrifood life sciences startups

16-Jan-2022 - 0 Comments.

Omnivore has announced the launch of its OmniX Bio initiative to back early stage agrifood life science startups.

WayCool Foods raises US $117mn in Series D round of funding from World Bank, Gawa Capital

15-Jan-2022 - 0 Comments.

WayCool Foods, India's fastest growing Agri-commerce company, has raised USD 117 million in their Series D round which saw participation from new and existing investors such as - LightRock, LightBox, FMO, Lightsmith, World Bank Group’s- IFC, Redwood Equity Partners and Gawa Capital. WayCool Foods will use the fresh capital to accelerate and leverage deep tech and automation to enhance its efficiency multi-fold.

Nouriture rope in actor Pankaj Tripathi as brand ambassador for cattle feed

14-Jan-2022 - 0 Comments.

Anmol Feeds which is a well known name in the livestock feed industry has recently launched its products under the umbrella brand Nouriture to meet the growing challenge of quality livestock feeds in the market.

Europe's Impact fund Huruma invests $11.6 MN in WayCool Foods

10-Jan-2022 - 0 Comments.

Europe's leading impact investing fund, Huruma, managed by GAWA Capital, announced its investment of $11.6 million in India's largest and fastest growing agri-commerce company – WayCool Foods.

Omnivore, AgFunder release India Agrifood Startup Investment Report for FY2020-21

10-Jan-2022 - 0 Comments.

Omnivore and AgFunder has announced the publication of the India Agrifood Startup Investment Report for FY2020-21.

NERL disburse INR 2000 CR worth of loans against eNWR

04-Jan-2022 - 0 Comments.

National E-Repository Limited (NERL), an NCDEX group company and a WDRA (Warehousing Development and Regulatory Authority) regulated entity has facilitated loans worth more than INR 2000 crore against electronic Negotiable Warehouse Receipts (eNWR).

ReshaMandi boosts silk farmers income by approx 50%, benefits 1500 plus families

26-Dec-2021 - 0 Comments.

ReshaMandi, India's first and largest B2B marketplace for Silk, announced that they have successfully improved the incomes of the sericulture farmers by approximately 50 percent, within just 16 months of commencing their operations.

Agritech precision farming startup Samhitha raises $1.5MN in seed funding

02-Dec-2021 - 0 Comments.

Samhitha Crop Care Clinics, an agritech start-up offering precision farming advisory, announced on December 1, 2021, that it has raised $1.5 million in a seed round led by TechStar Group, and participated by Quadrant Resource and angel investors.

Intello Labs Launches Praman, a AI-powered agriculture produce trade exchange platform

22-Nov-2021 - 0 Comments.

Intello Labs, a global AI-powered quality assaying startup, formally announced the launch of their Praman business, which has been in stealth mode over the past few months.

KBL introduced NEO Series 4-inch borewell submersible pumps

20-Nov-2021 - 0 Comments.

Kirloskar Brothers Limited, one of the global market leaders in fluid management solutions and services, has launched a new series of time-tested Borewell Submersible Pumps—NEO Series 4-inch.

Dairy tech startup Stellapps raises USD 18 MN from pre-series C round, to digitize the Indian dairy sector

20-Nov-2021 - 0 Comments.

India's leading dairy-tech startup Stellapps has completed the first close towards its pre-series C round from various investors. The total size of the round will be USD 18 million.

India records 14.7% rise in agricultural, processed foods exports during April-October 2021

20-Nov-2021 - 0 Comments.

In a major boost to export prospects of agricultural produce, India registered a significant surge in export of agricultural and processed food products in April-October period of current Financial Year, 2021-22, in comparison to the corresponding seven month period of last fiscal, 2020-21.

Shakti Pumps leads in Kusum yojana scheme installing 20000 solar pumps

28-Sep-2021 - 0 Comments.

In order to produce more food grains for meeting the needs of the global population, India needs to increase its output, but this can only be achieved with technology.

Shakti Pumps clinches INR 250M solar pump contract from Uganda

21-Sep-2021 - 0 Comments.

Indore-based Shakti Pumps has been awarded by Uganda Government to supply and EPC of solar pumps worth INR 250 million, Shakti Pumps chairman and managing director Dinesh Patidar told AgriTimes.co.in.

Agritech robotics startup TartanSense raises $5mn from FMC, Omnivore and Blume Ventures

25-Aug-2021 - 0 Comments.

Agritech robotics startup TartanSense has announced that it has raised USD 5 million in Series A funding. The round was led by FMC Ventures and Omnivore, with participation from existing investor Blume Ventures.

Deep tech start-up AgNext raises US $21 million in Series A from Alpha Wave Incubation

21-Aug-2021 - 0 Comments.

AgNext Technologies, India's leading deep-tech agritech start-up, announced today that it has raised a total of USD 21 million in Series A funding.

Chennai's Aquaconnect selected by Google for Startup Accelerator

21-Aug-2021 - 0 Comments.

Aquaconnect, India's leading aquaculture technology platform, has been selected for the fifth class of Google for Startups Accelerator (GFS) India.

Arya collaborates with SBM Bank India for commodity financing

16-Aug-2021 - 0 Comments.

Arya recently announced that it has tied up with SBM Bank India for commodity financing. The former has formed a strategic partnership with the latter to reinforce its competencies in financing solutions.

India using modern technology for crop production forecasting, says agri minister

09-Aug-2021 - 0 Comments.

Indian agriculture & farmers’ welfare ministry is funding various projects for Crop Production Forecasting, which includes FASAL Scheme (Forecasting Agricultural output using Space, Agro-meteorology and Land based observations) and CHAMAN (Coordinated Horticulture Assessment and Management using geo-iNformatics).

NBHC enters into digital auctioning, trading of agri-commodities with Krishi Setu App

09-Aug-2021 - 0 Comments.

National Bulk Handling Corporation (NBHC) has announced the launch of its electronic application ‘Krishi Setu’, a one-stop solution in post-harvest agri value chain offering seamless user-experience & reduced operational inconveniences in trade execution, through end-to-end digitized processes.

Govt releases funding for APMCs under Agriculture Infrastructure Fund scheme

09-Aug-2021 - 0 Comments.

India government has launched the Central Sector Scheme of financing facility under Agriculture Infrastructure Fund (AIF) to boost Agriculture Infrastructure relating to Post-Harvest Management (PHM) and Community Farming Assets in the country.

John Deere acquires Bear Flag Robotics to accelerate autonomous technology on farm

06-Aug-2021 - 0 Comments.

Deere & Company has signed a definitive agreement to acquire Bear Flag Robotics for USD 250 million.

Bel Brands announces partnership with Dairy Farmers Of America to pilot sustainable milk cooling program

05-Aug-2021 - 0 Comments.

Bel Brands USA is pleased to announce a new program in partnership with Dairy Farmers of America (DFA) a national dairy cooperative of farm families to implement and measure sustainable cooling practices designed to reduce greenhouse gas (GHG) emissions by cutting on-farm energy usage.

Samhitha logs 30 percent higher yield for citrus crops in Telangana, AP

05-Aug-2021 - 0 Comments.

Naviz Analytics, a leading US-based Data Science firm, recently announced the official launch of Samhitha Crop Care Clinics, a unique, precision farming advisory aimed at increasing the bottom line of Indian farmers.

AfDB to assign USD 150m for women in agricultural sector

03-Aug-2021 - 0 Comments.

The African Development Bank (AfDB) says it will provide USD 150 million to support women in the agriculture sector before the close of the year.

Corteva Agriscience, 2030 Water Resources Group to transform 40,000 acres to direct seeded rice technique in Uttar Pradesh

25-Jul-2021 - 0 Comments.

Corteva Agriscience, the global agriculture company, and the 2030 Water Resources Group (2030 WRG), hosted by the World Bank Group, signed a project to promote sustainable rice production in Uttar Pradesh.

Sea6 Energy raises USD 9 million in funding for Ocean farming

22-Jul-2021 - 0 Comments.

Bengaluru-based ocean farming startup Sea6 Energy has recently raised USD 9 million as a part of its Series B funding round led by Netherlands-based aquaculture fund Aqua-Spark. Silverstrand Capital a Singapore-based company also participated as a part of this round.

Otipy raises USD $10.2 mn in Series A led by SIG, Omidyar

19-Jul-2021 - 0 Comments.

Otipy, India’s community group buying platform for fresh produce, raised a Series A financing of USD $10.2 million (Rs 76 crores) led by SIG. Omidyar Network India, Innoven Capital and existing investors IPV (Inflection Point Ventures), Pravega, and FactorE also participated in the round.

BASF Venture Capital invests in Indian hydroponics firm UrbanKisaan

16-Jul-2021 - 0 Comments.

BASF Venture Capital GmbH (BVC) is investing in the Indian startup UrbanKisaan, which specializes in hydroponic cultivation of various types of vegetables, greens and herbs in tropical urban environments. This is BVC’s first investment in an early stage business focusing on India.

Agrando seals USD 14.2 Million investment from yabeo Impact, existing investors

09-Jul-2021 - 0 Comments.

Agrando, a Munich-based AgTech start-up has completed its Series A with an investment of USD 14.2 million, the highest Series A amount ever raised by a European agribusiness.

IFAD dispense funding to assist small Tanzanian farmers impacted by COVID-19

07-Jul-2021 - 0 Comments.

The IFAD grant will help farmers access inputs, provide market linkages, and access agricultural and market information to improve their productivity and increase their resilience.

Skylark Drones raises USD 3 Million from InfoEdge Ventures, IAN Fund

07-Jul-2021 - 0 Comments.

Skylark Drones, a drone platform company, announced that it has secured USD 3 million in a pre-series A funding round to strengthen its product offerings and fuel international expansion.

Modi government creates a new ministry of co-operation

06-Jul-2021 - 0 Comments.

In a historic move, a separate Ministry of Co-operation has been created by the Narendra Modi government for realizing the vision of ‘Sahkar se Samriddhi’.

Agri fintech startup Dvara e-registry raises pre-Series A funding from Omnivore, Dvara Holdings

06-Jul-2021 - 0 Comments.

Dvara E-Registry, an agri fintech startup has announced today that it has raised a pre-Series A round of funding from Omnivore, an India based venture capital firm and Dvara Holdings.

Kentucky Agricultural Finance Corporation sanctions credit scheme for Agri projects

06-Jul-2021 - 0 Comments.

The Kentucky Agricultural Finance Corporation (KAFC) approved USD 967,643.50 in seven agricultural loans for projects across the commonwealth at its board meeting last month.

PHDCCI recommends animal husbandry department for early adoption of BIS Specification in pet food

05-Jul-2021 - 0 Comments.

The PHD Chamber of Commerce & Industry (PHDCCI), a industry body on behalf of its members has written to Department of Animal Husbandry for it intervention on the current issues being faced by entire Pet Food Industry on account of pending notification of the revised Animal Health Certificate conditions.

NCDEX launches country’s first indices for gaur, soybean

05-Jul-2021 - 0 Comments.

National Commodity and Derivatives Exchange Limited (NCDEX), India’s agri-commodity exchange has today launched two sectoral indices in agri-commodities basket namely NCDEX GUAREX and NCDEX SOYDEX.

SpaceJLTZ appoints TerraStream to manage hyperspectral data for precision farming

02-Jul-2021 - 0 Comments.

SkyWatch Space Applications Inc (SkyWatch), a Waterloo-based space technology startup, recently announced it has signed an agreement to deliver data management capabilities to SpaceJLTZ.

Mahindra tractors sales up 31% at 46,875 units during June 2021

02-Jul-2021 - 0 Comments.

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) has recorded an increase of 31% in sale of tractors in India at 46,875 units during June 2021.

MD Department of Agriculture allocates USD 2.9MN in animal waste technology fund

30-Jun-2021 - 0 Comments.

The Maryland Department of Agriculture has awarded more than USD 2.9 million in grants from its Animal Waste Technology Fund.

Agricultural Technology Application Research Institute organizes national consultation meet on linking farmers with market

30-Jun-2021 - 0 Comments.

The ICAR-Agricultural Technology Application Research Institute, Ludhiana, Punjab organized the National Consultation Meet on “Linking farmers with the market with special emphasis on direct marketing models for Citrus, Sapota, Kinnow and Vegetable Crops” recently.

DRMR signs MoU for licensing of rapeseed mustard hybrid with Advanta, UPL

30-Jun-2021 - 0 Comments.

The ICAR-Directorate of Rapeseed-Mustard Research, Bharatpur, Rajasthan signed a Memorandum of Understanding (MoU) with the Advanta and UPL Limited, Hyderabad for the non-exclusive licensing of rapeseed mustard hybrid - NRCHB-506 recently.

Dvara E-Dairy partners with IFFCO Tokio, launches AI powered cattle digital identity for cattle insurance

29-Jun-2021 - 0 Comments.

Dvara E-Dairy Solutions Pvt Ltd, a portfolio company of Dvara Holdings (Formerly Dvara Trusteeship) has announces the launch of "Surabhi e-Tag", an artificial intelligence (AI) powered digital tag to identify cattle based on muzzle identity.

TrendiTech raises USD 1.18 MN seed funding for AI Biotrim Technology

29-Jun-2021 - 0 Comments.

TrendiTech Inc (Trendi), a Canadian-based start-up dedicated to creating new robotic, AI-driven food waste processing solutions, has raised USD 1.82 million (CAD 2.25m) in seed funding for its Biotrim mobile processing technology.

UPL launches new natural plant protection business unit

28-Jun-2021 - 0 Comments.

UPL Ltd (NSE: UPL & BSE: 512070) crop protection company leading in sustainable agriculture products and solutions has announced that it has launched a new business unit under the name of ‘NPP’ – Natural Plant Protection.

Moreld signs agreement with Erko Seafood to build offshore fish farm

28-Jun-2021 - 0 Comments.

Norway’s largest oil and gas company, Moreld which is developing a novel offshore salmon farming facility has signed a commercial agreement with Erko Seafood to design and build an offshore fish farm.

CCI approves acquisition of Zuari Agro Chemicals Goa plant by Paradeep Phosphates

25-Jun-2021 - 0 Comments.

The Competition Commission of India (CCI) has approved the acquisition of the Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited.

Precision agriculture robot market size projection to reach USD 18.18 billion by 2027

24-Jun-2021 - 0 Comments.

The global Precision Agriculture Robot market size is projected to reach USD 18.18 billion by 2027, from USD 2.285 billion in 2020, at a CAGR of 33.5 percent during 2021-2027.

Semios step up with acquisition of data collection firm Centricity

24-Jun-2021 - 0 Comments.

Semios, a leading precision-farming platform for permanent crops, announced it has acquired Centricity, developers of a suite of field data collection applications including ApRecs, a market-leading solution for agri-businesses.

Apollo Agriculture secures USD 1 million from ABC Fund

22-Jun-2021 - 0 Comments.

Apollo Agriculture (Apollo), a Kenyan agri-tech firm that uses machine learning and automated operations technology to help small-scale farmers access the resources they need to maximise their profitability has secured USD 1 million from Agri-Business Capital Fund (ABC Fund).

Sajan Raj Kurup launches Saintfarm, a new end-to-end e-Commerce Venture in Organic, Sustainable food

16-Jun-2021 - 0 Comments.

Saintfarm Agro LLP India’s first-ever affordable 100 percent organic food company which is engaged in farming, processing, R&D, exports, E-commerce, and domestic retailing.

Cadman Capital appoints specialist to drive growth of aquaculture expansion

08-Jun-2021 - 0 Comments.

Cadman Capital Group, a privately-owned, independent private equity firm has announced the appointment of two new aquaculture hires as it continues to drive the growth of its aquaculture portfolio.

Hosachiguru launches managed farm plots with inhouse food forests

07-Jun-2021 - 0 Comments.

Hosachiguru, a Bengaluru-based farm asset management startup, has launched two new managed farmland projects on the outskirts of Bengaluru to cater to the increasing interest in owning farmland and leading a more sustainable lifestyle.

Jai Kisan raises USD 30mn in Series A funding led by Mirae Asset

31-May-2021 - 0 Comments.

Rural fintech startup Jai Kisan has raised USD 30mn (INR 217 Crores) in a combination of equity and debt in a Series A round of funding led by Mirae Asset. Blacksoil, Stride Ventures, and Trifecta Capital contributed the debt in the round whereas, Veda Corporate Advisors was the exclusive financial advisor to Jai Kisan for the fundraise.

DGCA give nod to agri ministry for usage of drone under PMFBY

29-May-2021 - 0 Comments.

Director General of Civil Aviation (DGCA), aviation regulatory authority has given its approval to the agriculture ministry for flying drones to capture images of rice and wheat fields in 100 districts to assess crop yields at gram panchayat level under the Pradhan Mantri Fasal Bima Yojana (PMFBY), agriculture & farmers welfare minister Narendra Singh Tomar said recently.

India rating affirms stable credit rating for Avanti Feeds & Foods

25-May-2021 - 0 Comments.

Mumbai-based credit rating agency, India Ratings & Research Private Limited (India Ratings), has Affirmed stable credit ratings to Avanti Frozen Foods Pvt. Ltd.

AgriTech silk supply chain startup ReshaMandi raises USD 1.7 mn seed funding

23-May-2021 - 0 Comments.

ReshaMandi, an agritech start-up digitizing India’s silk supply chain, has raised USD 1.7 million in seed funding. The round was led by Omnivore and Strive Ventures with participation from Axilor Ventures and Supply Chain Labs (Lumis), according to a media report.

Kings Infra, NEC Corp jointly launch a proof of concept for Precision Aquaculture

21-May-2021 - 0 Comments.

Kings Infra Ventures Limited and Japan-based NEC Corporation achieved a remarkable landmark in Precision Aquaculture when the Proof of Concept (POC) project using Recirculated Aquaculture System (RAS) based shrimp Aquaculture along with Artificial Intelligence and IOT was launched on 3 May 2021.

Govt formulates strategy to achieve self-sufficiency in pulses for Kharif 2021

07-May-2021 - 0 Comments.

To attain self-sufficiency in the production of pulses, the Ministry of Agriculture and Farmers Welfare has formulated a special Kharif strategy for implementation in the ensuing Kharif 2021 season.

Yuktix launches early warning system for plant diseases in Karnataka

11-Mar-2021 - 0 Comments.

Yuktix a provider of data intelligence tools for agriculture has launched its plant disease forecast platform, Yuktix GidaBits for the farmers in Karnataka state.

ICAR Institutes, KVKs to expedite the setting-up of Farmers Producers Organizations

09-Mar-2021 - 0 Comments.

The Indian Council of Agricultural Research’s Institutions (ICAR) along with the Krishi Vigyan Kendras (KVK) and National Cooperative Development Corporation (NCDC) jointly organized a Webshop to discuss about the strategies for speeding-up and setting-up of Farmers’ Producers’ Organizations (FPOs) in 116 blocks in the country under the recently launched Central Scheme.

Agri-inputs B2B marketplace AGRIM raises USD $2M in seed funding from Omnivore, India Quotient and Accion Venture Lab

05-Mar-2021 - 0 Comments.

AGRIM, a B2B marketplace for agri-inputs, came out of stealth mode today to announce that it had raised over USD 2 million (INR 15 crore) in Seed round funding back in May 2020 and had scaled operations substantially over the past ten months.

Govt relaxes conditions for onions imports to counter high market prices

19-Dec-2020 - 0 Comments.

In the light of public concern over high prices of onion in the market, the Department of Agriculture and Farmers Welfare has decided to extend the relaxation from the condition of fumigation and additional declaration on Phytosanitary Certificate as per the Plant Quarantine Order, 2003, for imports up to 31 January 2021. The relaxation will be subject to certain conditions.

Trouw Nutrition opens animal feed plant in India

16-Dec-2020 - 0 Comments.

Trouw Nutrition, the animal nutrition division of Dutch global company Nutreco has opened its technologically advanced, first-of-a-kind greenfield project in Jadcherla (Hyderabad), India.

Farmers' protests result in a daily loss of INR 3500 cr loss, ASSOCHAM calls for early resolution

15-Dec-2020 - 0 Comments.

Urging the government and farmers’ organizations to resolve the impasse over the new Agri laws, the The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has today said, the ongoing protests are dealing a big blow to the interconnected economies of the region, including Punjab, Haryana and Himachal Pradesh.

Indian agritech leader Arya raises USD 21 million Series B

15-Dec-2020 - 0 Comments.

Arya, a leader in post-harvest agritech and agri-fintech, today announced the close of its Series B round, having raised USD 21 million in a mix of equity and debt.

Five startups making Indian farmers self-reliant by providing agronomic intelligence

14-Dec-2020 - 0 Comments.

Agritech in India has seen a skyrocketing growth with numerous startups emerging with new technologies and advanced methods such as data analytics, machine learning and satellite imaging, among others to cater to the needs of Indian farmers and maximize their output.

MSP Operations during Kharif Marketing Season 2020-21

03-Dec-2020 - 0 Comments.

In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes.

Sonalika sells 11,478 tractors in November 20

02-Dec-2020 - 0 Comments.

Sonalika Tractors, one of India’s leading tractor manufacturers has recorded 71 percent domestic growth in November’20 and have sold 11,478 tractors, surpassing the est. industry growth of around 49 percent.

ICRISAT gets permission to use drones for agricultural research activities

18-Nov-2020 - 0 Comments.

Indian Ministry of Civil Aviation (MoCA) and Directorate General of Civil Aviation (DGCA) have granted conditional exemption to the International Crops Research Institute for the Semi-Arid Tropics(ICRISAT), Hyderabad, Telangana for the deployment of drones for agricultural research activities.

Ninjacart partners with Kilofarms successfully produces first set of residue-free tomatoes

17-Nov-2020 - 0 Comments.

Ninjacart, India’s largest B2B fresh produce supply chain company furthered its vision of, ‘Safe food for billion people’ with its first set of Residue-Free Tomatoes, produced in partnership with agri-tech platform Kilofarms.

Mahindra’s tractor plant at Zaheerabad in Telangana to be hub for new K2 tractor series

17-Nov-2020 - 0 Comments.

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the Mahindra Group has today announced that it will manufacture a new tractor series called the K2, exclusively at the company’s tractor manufacturing facility at Zaheerabad in the state of Telangana.

NSE to launch its first agricultural commodity futures contract on Dec 1

11-Nov-2020 - 0 Comments.

National Stock Exchange of India Ltd (NSE), the leading stock exchange in India, will launch its first agricultural commodity futures contract for Crude Degummed Soybean Oil (CDSO) on 1 December 2020.

Escorts Agri Machinery tractor volumes touches 24,441 units for Q2

02-Nov-2020 - 0 Comments.

Escorts Agri Machinery tractor volumes for the second quarter ended 30 September 2020 (July to September) were up by 23.8 percent at 24,441 units in quarter ended September 2020 as against 19,750 units in the corresponding period last fiscal.

Agriculture sector shows great resilience during lockdown; time to leverage recovery opportunities

02-Nov-2020 - 0 Comments.

Agriculture is the backbone of Indian economy. With the farm sector registering a growth rate of 3.4 percent in the first quarter when most other sectors were slowing down, shows the resilience that this sector holds. Experts are calling agriculture a bright spot in the current Covid-19 gloom.

Agritech startup Freshokartz raises USD 1.4 Million in pre-series round

30-Oct-2020 - 0 Comments.

Freshokartz Agri Products Pvt. Limited, a premier Agri-tech startup has received USD $1.4 Million (INR 10 Crore) pre-series A funding from Rajasthan Venture Capital Fund (RVCF) and AWE (Achieving Women Equity) Funds to finance its rapid technology rollout while scaling its operations as a provider of premier technology-enabled omnichannel supply chain optimizing solutions along with agronomy advisory and output linkages.

Rallis India post INR 83 crore net profit in Q2

20-Oct-2020 - 0 Comments.

Rallis India Limited, a TATA Enterprise and a leading player in the Indian agri-inputs industry has announced that it has posted a net profit of INR 83 crore for the second quarter ended 30 September 2020.

Escorts' RNIL announces incubation of five agritech, other startups

16-Oct-2020 - 0 Comments.

Rajan Nanda Innovation Lab, an initiative of Escorts Ltd., has selected five start-ups in agritech, railtech, and infratech through its Inter-College Innovation Challenge IC square to fund, incubate & mentor.

INI Farms enters fresh fruit ecommerce segment with Kimaye

16-Oct-2020 - 0 Comments.

INI Farms, India's leading farm to home ag-tech fruit brand announced its entry into e-commerce through the launch of Kimaye.com.

Gujarat State Fertilizers launches indigenous variety of calcium nitrate, boronated calcium nitrate

09-Oct-2020 - 0 Comments.

Indian Minister of State for Chemicals & Fertilizers Mansukh Mandaviya has recently launched an indigenous variety of calcium nitrate, boronated calcium nitrate manufactured by Gujarat State Fertilizers and Chemicals (GSFC) India Ltd through video conference.

Soil tech firm raises $1 mn from NABVENTURES, Omnivore

07-Oct-2020 - 0 Comments.

Krishitantra announced that it has raised USD 1 million (INR 7.6 crore) in seed funding from NABVENTURES and Omnivore.

Government continues to procure Kharif 2020-21 crops from farmers as per its existing MSP Schemes

29-Sep-2020 - 0 Comments.

The arrival of Kharif Marketing Season 2020-21 has just begun and the Government continues to procure Kharif 2020-21 crops at MSP from farmers as per its existing MSP Schemes as done in previous seasons.

India has 8186 cold storages facilities with a capacity of 37.42 million tonnes

27-Sep-2020 - 0 Comments.

As per available information, there are 8186 numbers of cold storages with capacity of 374.25 Lakh MT (37.44 million tonnes) is available in the country for storing perishable horticulture produce like fruits and vegetables.

Govt fixes minimum support price of 22 agricultural crops

23-Sep-2020 - 0 Comments.

overnment fixes Minimum Support Prices (MSPs) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP), after considering the views of State Governments and Central Ministries/Departments concerned and other relevant factors.

Govt estimates 63.97 lakh tonnes of Oranges production during 2019-20

22-Sep-2020 - 0 Comments.

As per Third Advance Estimates 2019-20, India's orange output has been pegged at 63.97 lakh tonnes from the total land under Orange (Mandarin Orange/Kinnow) of 4.79 Lakh Hectare.

India release cardamom cultivation figures

The area under Cardamom cultivation along with the annual production in the country during each of the last three years and the current year

National Conference for Rabi targets 301 million tonnes of food grains production for 2020-2021

22-Sep-2020 - 0 Comments.

The National conference for Rabi Campaign 2020 has set a target of 301 million tonnes of food grains production for 2020-21.

Unlocking, reforms spur recovery in agri-trade as food inflation nears double-digit

14-Sep-2020 - 0 Comments.

Amid uncertain economic picture, Indian agricultural sector, being viewed by most economist as a sole sweet spot in the Pandemic-hit three-trillion-dollar economy, seems to be rising to the expectations. if the robust recovery since last couple of months is any indication.

WayCool gets INR 85 lakh grant from Dutch Development Bank FMO

24-Aug-2020 - 0 Comments.

FMO, the Dutch entrepreneurial development bank, has allocated a grant of INR 85 lakh to WayCool Foods, for procurement and distribution of dual-purpose PPE kits and enablement of on-site Soil testing to farmers.

Best Agrolife looking for over INR 1517 Cr turnover by FY22

10-Aug-2020 - 0 Comments.

India’s one of the largest manufacturers of agro-inputs, Best Agrolife Ltd (BSE: 539660) is aiming to achieve INR 1517 crore turnover by FY2022 along with net profit of over INR 677 crore.

Cargill opens new cattle supplement plant Maharashtra with an investment of INR 122 cr

09-Aug-2020 - 0 Comments.

In order to address milk productivity in cattle’s across India, Cargill has opened a high-pressure hydrogenation plant in Kurkumbh, Maharashtra to manufacture superior bypass fat, a health and nutrition supplement for dairy cattle.

India's Kharif crop sowing up by 13.92% as on July 31, against last year

05-Aug-2020 - 0 Comments.

As per the data released by the Department of Agriculture, Cooperation and Farmers Welfare there has been satisfactory progress of sowing area coverage under Kharif crops.

Rallis India’s net profit up by 53% at INR 92 crore for Q1 ended June 30

22-Jul-2020 - 0 Comments.

Mumbai based leading agri inputs player, Rallis India Limited, a TATA Enterprise have posted an 53 percent increase in profit after tax (PAT) at 92 crore for the first quarter ended 30 June 2020, as compared to INR 60 crore recorded during the last Q1 period.

IFFCO enters into urban gardening business with new product range

20-Jul-2020 - 0 Comments.

Co-operative giant IFFCO subsidiary, AquaGT has announced that it has forayed into urban gardening by product range to assist the urban enthusiasts with useful, effective and easy to use products, under the brand name of IFFCO Urban Gardens.

Amul consolidated turnover crosses INR 52,000 cr during 2019-20 FY

19-Jul-2020 - 0 Comments.

India’s largest milk co-operative, Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) and its constituent member unions which markets the Amul brand of milk and dairy products has registered a consolidate turnover of INR 52,000 crore during the fiscal year ended 31 March 2020.

US raises red flag on India’s mandatory BIS certification of animal feed beyond July 27

18-Jul-2020 - 0 Comments.

The United States has expressed concern over India’s new directive making it mandatory for all commercial feeds, including imports, intended for food producing animals to comply with the relevant Bureau of Indian Standards (BIS) specification and certification norms and pressed for a postponement in its implementation in the light of COVID-19 disruptions.

CCI approves the acquisition of Escorts Limited by Kubota & Kubota Agricultural Machinery India by Escorts

11-Jul-2020 - 0 Comments.

The Competition Commission of India (CCI) approves the acquisition (i) in Escorts Limited (Escorts) by Kubota Corporation (Kubota) and (ii) in Kubota Agricultural Machinery India Private Limited (KAI) by Escorts, under Section 31(1) of the Competition Act, 2002.

Fertilizers and Chemicals Travancore order three shipment of fertilizers, posts INR 976 Cr profit for 2019-20 FY

10-Jul-2020 - 0 Comments.

Fertilizers and Chemicals Travancore Limited (FACT) a PSU under the Ministry of Chemicals and Fertilizers has placed purchase orders for import of three shipments of fertilizers. Out of this, two shipments have already arrived.

Arya Collateral Warehousing Services raises debt funding from responsAbility

01-Jul-2020 - 0 Comments.

Arya Collateral Warehousing Services, one of India’s leading post-harvest agricultural services companies has raised debt funding from responsAbility, one of the leading impact investment funds in return of non-convertible debentures (NCDs).

NCDEX introduces nation’s first monsoon index

16-Jun-2020 - 0 Comments.

India's leading agricultural commodity Exchange, National Commodity and Derivatives Exchange Limited (NCDEX) has launched two national-level rainfall-based indices that would track the systematic rainfall movement in the country.

India’s milk production in Q1 2020 improved over 2019, says RaboResearch Dairy report

15-Jun-2020 - 0 Comments.

Better soil moisture and feed quality, along with improved payouts to farmers, helped improve milk supplies. However, the lockdown from the second half of March has led to supply-chain disruptions, impacting demand for dairy products in the B2B channel, RaboResearch Dairy Quarterly titled 'Waiting for the Dust to Settle' said.

EID Parry post 29% increase in EBIDTA for 2019-20 fiscal year

12-Jun-2020 - 0 Comments.

India's one of the leading manufacturers of sugar, EID Parry (India) Limited has reported an increase in earnings before depreciation, interest, taxes and exceptional items (EBITDA) by 29% at INR 2016 crore, as compared to INR 1558 crore posted during the 2018-19 financial year.

Dwarikesh Sugar net profit drop to INR 73.45 crore in FY2019-20

11-Jun-2020 - 0 Comments.

Dwarikesh Sugar Industries Ltd has recorded a drop in net profit for the fiscal year 2019-20 at INR 73.45 crore, as compared to INR 95.11 crore posted in FY 2018-19.

Dhanuka Agritech posts 25.66% PAT growth at INR 141.47 crore during 2019-20

10-Jun-2020 - 0 Comments.

Haryana based leading agrochemicals formulation company, Dhanuka Agritech Limited (BSE: 507717; NSE: DHANUKA) has recorded a net profit of INR 141.47 crore for fiscal year 2019-20.

UPL proposes to issue 10 year US denominated notes, eyeing buy back 2021 bonds

09-Jun-2020 - 0 Comments.

Due to COVID-19 crisis, UPL Corporation Limited, Mauritius is considering issue of 10 year US$ denominated notes.

White Organic Agro to expand business in Maharashtra

09-Jun-2020 - 0 Comments.

Mumbai based company working in organic farming space, White Organic Agro Limited (BSE: 513713) has decided to expand its business of organic vegetables and fruits in Maharashtra.

Lasa Supergenerics Q4 net profit up by 243.33%

08-Jun-2020 - 0 Comments.

Lasa Supergenerics Limited (BSE: 540702; NSE: LASA) has registered a whopping 243.33 percent growth in net profit at INR 2.58 crore for the fourth quarter ended 31 March 2020, as compared to the same Q4 last fiscal year.

Escorts Agri Machinery sale down, while VST Tillers records growth in May 2020

06-Jun-2020 - 0 Comments.

Escorts Ltd's Agri Machinery Segment (EAM) has announced that is tractors sale for the month of May 2020 has recorded a drop of 233 units at 6,594 tractors, as compared to 6,827 tractors sold in May 2019.

Sonalika Tractors post 18.6% sales growth in May 2020

05-Jun-2020 - 0 Comments.

India’s one of the leading tractor manufacturing company, Sonalika Tractors has registered phenomenal overall growth of 18.6% (Domestic+Exports) with sale of 9177 tractors in May 2020.

EID Parry offloads 5.85 million shares in Coromandel International

04-Jun-2020 - 0 Comments.

Coromandel International Limited has informed the stock exchange that E.I.D. - Parry (India) Limited (EID Parry) has sold 58,50,000 equity shares of the Company through open market at a price of INR 629.1910 per share.

Karuturi Global EOI under bankruptcy law extended till June 20

04-Jun-2020 - 0 Comments.

Bangalore based floritech company, Karuturi Global expression of interest (EOI) under the under Insolvency and Bankruptcy Code (IBC) which was initially issued on 13 February 2020 has again extended till 20 June 2020.

Shree Renuka Sugars to raise USD 300 MN through ECBs

04-Jun-2020 - 0 Comments.

In order to meet working capital of the company, Shree Renuka Sugars Limited has decided to raise USD $300 million (INR 2300 crore) through external commercial borrowings (ECBs) from Wilmar Sugar Holdings Pte Ltd.

Mahindra Farm Equipment Sector tractors sale up by 2% in May 2020

03-Jun-2020 - 0 Comments.

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), has announced that its domestic tractor sales for May 2020 has recorded a 2% growth at 24,017 units.

Govt agencies buys 133,987 tonnes of pulses, 29,264 tonnes of oilseeds directly from farmers

21-Apr-2020 - 0 Comments.

Reaching out to farmers amidst COVID19 crisis, central government agency, Food Corporation of India (FCI) and National Agricultural Cooperative Marketing Federation of India (NAFED) have started procuring pulses, oilseeds directly from the farmers at the minimum support price.

India's summer crop sowing up 14% as on April 17, wheat sown on 207 lakh ha harvested

19-Apr-2020 - 0 Comments.

Amidst the uncertainty prevailing in the country today due to COVID19, India's agriculture sector has given a new hope with sowing over 14% more area as of 17 April 2020, as compared to the same period last year.

Japan lifts inspection order for black tiger shrimps imported from India

18-Apr-2020 - 0 Comments.

Japan has lifted inspection order for Indian black tiger shrimps (Penaeus monodon) after the export consignments of this shrimp were found free from any residue of synthetic antibacterial drug furazolidone.

Escorts sales fall 54% y-o-y in March

02-Apr-2020 - 0 Comments.

Sales of tractor maker Escorts (Q,N,C,F)* Ltd. fell 54.3 percent year-on-year to 5,228 units in March. That coompares with the 11,905 tractors that the company sold a year ago.

India poultry sales drop by 50% on account of false COVID-19 rumors

27-Mar-2020 - 0 Comments.

As whole world is fighting the Corona virus disease (COVID-19) outbreak which originated from China, it is having a huge impact of Indian poultry sector that is see a drop of almost 50% due to false virus scare.

John Deere gets new environment certification for its engine

15-Mar-2020 - 0 Comments.

US based tractor & agriculture equipment manufacturer’s John Deere has bagged Bharat stage emission standards (BS-V) certification for its domestically developed engine 3029 EWX.

Second Advance Estimates of Production of Foodgrains, Oilseeds and other Commercial Crops for 2019-20

19-Feb-2020 - 0 Comments.

The 2nd Advance Estimates of production of major crops for 2019-20 have been released by the Department of Agriculture, Cooperation and Farmers Welfare today. The cumulative rainfall in the country during the monsoon season (June to September, 2019) has been 10% higher than Long Period Average (LPA).

2019-20 या वर्षासाठी अन्नधान्य, तेलबिया आणि इतर पीकांचा दुसरा सुधारित अंदाज

19-Feb-2020 - 0 Comments.

2019-20 या वर्षासाठी कृषी आणि शेतकरी कल्याण विभागाने महत्वाच्या पीकांच्या उत्पादनाचा दुसरा अंदाज प्रकाशित केला आहे. या वर्षात अनेक पीकांचे उत्पादन सर्वसाधारण पातळीपेक्षा जास्त राहील असा अंदाज व्यक्त करण्यात आला आहे.

India’s NPC study shows soil health card boosts farmer income and reduces fertilizers use depending on crops

19-Feb-2020 - 0 Comments.

National Productivity Council (NPC) conducted a study in 76 districts of 19 states - covering 170 soil testing labs and 1700 farmers, has been released on the completion of five years of the government scheme.

India Budget 2020: An opportunity to promote efficient farming ideas

01-Feb-2020 - 0 Comments.

India accounts for 7.39% of total global agricultural output. The contribution of the agriculture sector to the Indian economy is 15.4% much higher than the world average of 6.4% as it employs nearly half of the workforce in the country.

India releases horticulture crops 1st advance estimates for 2019-20

27-Jan-2020 - 0 Comments.

India's Department of Agriculture, Cooperation and Farmers Welfare has released the Final Estimates of 2018-19 and 1st Advance Estimates of 2019-20 of Area and Production of various Horticulture Crops.

FSII recommends making India global seed production hub & pushes for 200

16-Jan-2020 - 0 Comments.

For the upcoming Union Budget, Federation of Seed Industry of India (FSII) urges the Government of India for restoring the 200% income tax deduction (under the section 35 (2AB) of the Income Tax Act, 1961) for the in-house Research and Development (R&D) expenditure in seed industry.

SOPA release soybean demand, supply estimates for 2019-2020 oil year

10-Jan-2020 - 0 Comments.

The Soybean Processors Association of India (SOPA) in its estimate of soybean crop have announced a crop at 8.98 million tonnes for 2019-20 (October 2019 to September 2020) oil year.

India supports 3.60 million female farmers with INR 847 Crore

07-Jan-2020 - 0 Comments.

In order to empower female farmers in the country, India's agriculture & farmer's welfare ministry has supported over 3.60 million female farmers under the Department of Rural Development, Ministry of Rural Development is implementing Mahila Kisan Sashaktikaran Pariyojana (MKSP).

India's Rabi crops sowing area increases by 3.59 million hectare

01-Jan-2020 - 0 Comments.

As per preliminary reports received from the States, the total area sown under Rabi crops as, on 27 December 2019 stands at 57.18 million hectares, as compared to 53.63 million hectares for the corresponding period last year.

Gramophone is set up to provide last mile delivery of agriculture inputs to farmers

28-Dec-2019 - 0 Comments.

Looking at a huge gap in farmers' access to quality agriculture input, Gramophone came into existence that will provide all kinds of inputs for the farmers.

Utkal Tubers eyes 50,000 tons of high yielding, disease resistant seed potatoes by 2022

20-Dec-2019 - 0 Comments.

Bengaluru-based potato seeds firm Utkal Tubers India Pvt. Ltd, plans to ramp up its annual production to 50,000 tons of high-yielding, disease-resistant seed potatoes across Gujarat, Assam, Punjab, UP, Haryana and Karnataka over the next three years.

Sikkim IFFCO Organics signs MoU with US, Croatian firms to promote Biodynamic farming

10-Nov-2019 - 0 Comments.

IFFCO’s organic arm Sikkim IFFCO Organics Ltd. today signed two MoUs with US and Croatian companies to promote Biodynamic Farming and Demeter Certification in Sikkim, the area of operation of Sikkim IFFCO. Blossoms Biodynamics from California, USA and CENTAR DR. RUDOLFA STEINERA.

KEENAN showcases the latest innovations at international agricultural machinery trade show, AgriTechnica

10-Nov-2019 - 0 Comments.

Inspired by the growing need to protect the finite resources of our planet, and by Alltech’s Planet of PlentyTM vision, KEENAN has focussed its R&D team on “Green” sustainability-related projects

IPNLF supports one-by-one tuna supply chains with key management appointments

16-Oct-2019 - 0 Comments.

The International Pole & Line Foundation (IPNLF), the only non-profit association that is solely committed to promoting responsible one-by-one tuna fisheries and supply chains, is strengthening its management team with three key appointments

Indian agri minister launches two agriculture related mobile Apps

25-Sep-2019 - 0 Comments.

Farmers will now have easy access to high value and technical agricultural equipment at their doorstep Shri Narendra Singh Tomar, Union Minister for Agriculture and Farmers Welfare said this while launching two mobile Apps

India releases first advance estimates of production of major Kharif crops for 2019-20

25-Sep-2019 - 0 Comments.

The First Advance Estimates of production of major Kharif crops for 2019-20 have been released by the Department of Agriculture, Cooperation and Farmers Welfare

Rashtriya Chemicals and Fertilizers posts USD 20 MN net profit during 2018-19

25-Sep-2019 - 0 Comments.

Indian government-owned net profit Rashtriya Chemicals and Fertilizers Ltd (RCF) has posted a net profit of USD 20 MN (INR 1.39 billion) during 2018-19 financial year

Anmol Feeds sets up livestock feed unit in Jammu

26-Aug-2019 - 0 Comments.

Looking at the immense opportunity for animal feed in Jammu & Kashmir, West Bengal based feed manufacturer, Anmol Feeds has set up a new 70,000 tonnes per annum feed plant

Jain Farm Fresh Foods enter organic spices market

08-Aug-2019 - 0 Comments.

Jain Farm Fresh Foods Ltd. (JFFFL), a wholly-owned subsidiary of Jain Irrigation Systems Ltd., with one of the largest spice processing facility in India has forayed into organic spices

CMFRI discuss concerns on data gap in shark trade

24-Jul-2019 - 0 Comments.

A four-day global expert meeting on shark trade got underway at the Central Marine Fisheries Research Institute (CMFRI) on Wednesday with a call to address deep knowledge gaps and support managers in management of existing shark and ray fishery across the globe

CMFRI launches project to develop online platform for fish marketing

22-Jul-2019 - 0 Comments.

In a major initiative that is beneficial to the fish producers, consumers, traders and processors in the country, the Central Marine Fisheries Research Institute (CMFRI) has launched a research project for developing an online platform in order to facilitate effective fish marketing systems

Argentina agro secretary meets Indian agri minister

18-Jul-2019 - 0 Comments.

Indian agriculture & farmers welfare minister Narendra Singh Tomar met Dr Luis Miguel Etchevehere, State Secretary of Agro-industry of the Argentine Republic in New Delhi

India offers assistance for organic farming

18-Jul-2019 - 0 Comments.

Realizing the potential and benefits of organic farming and to improve the economic condition of farmers in the country, Government of India is promoting organic farming through the dedicated schemes of Paramparagat Krishi Vikas Yojana

India gets first awards show for tractors, farm implements

14-Jul-2019 - 0 Comments.

In order to provide an avenue to display their hard work and technology in farming sector, India got its first award for tractors and farm implements

India’s marine fish production down by 9%, sharp drop in oil sardine catch

13-Jul-2019 - 0 Comments.

The catch of oil sardine from the Indian coasts suffered a sharp decline of 54% as the fish fell down to 9th position from the first spot, according to India’s marine fish landing estimates for the year 2018

New Delhi to host India's first ever India International Cooperatives Trade Fair

02-Jul-2019 - 0 Comments.

Aligning with the Agriculture Export Policy 2018 which aims at doubling the agriculture export and integrating Indian farmers and agriculture products with global value chains, The First Ever India International Cooperatives Trade Fair in New Delhi

Ernakulam KVK launches farm service centre to support farmers

11-Jun-2019 - 0 Comments.

In an effort to combat shortage of skilled labour for farming activities in the district, the Ernakulam Krishi Vigyan Kendra (KVK) of the Central Marine Fisheries Research Institute (CMFRI) has launched a farm service centre equipped with a wide range of farm machineries and equipments to offer paid services in all kinds of farm initiatives

Farmers should get value for their product, says Indian agri minister

08-Jun-2019 - 0 Comments.

There are new challenges in agriculture, small farmers need to be helped with technology at the ground level so that input costs can be reduced. The farmer should test his soil regularly and there is a need to speed up the pace of organic farming

Escorts and Manipal University to offer digital farming solutions

06-Jun-2019 - 0 Comments.

Escorts Ltd signed a Memorandum of Understanding (MoU) with Manipal University Jaipur,to work towards enhancing farming experience through digital solutions offered by an initiative of Escorts called the Digitrac mobile app.

Indian university develops cheapest drone for farming sector

17-May-2019 - 0 Comments.

With agriculture drones still out of reach for million famers, India's private university has developed a drone named 'flying farmer' that will help majority of farmers to use drone for agri-related activities.

Sustainable Shrimp Partnership Announces Traceability Platform in Collaboration with IBM

06-May-2019 - 0 Comments.

The Sustainable Shrimp Partnership (SSP) has today announced it has joined the IBM Food Trust ecosystem, which will help provide traceability of SSP shrimp from farm to fork

CMFRI study throws light into unhealthy financial practices in fisheries sector

06-May-2019 - 0 Comments.

Financial inclusion in the sector is dismal; fishermen are bound to pay high interest rates as they increasingly depend on informal money lenders for loans

Drones for Sustainable Agriculture

12-Apr-2019 - 0 Comments.

'Drones' is the flashy new word which has caught everyone's notice and has urged government to bring about new reforms in its policies and motivated a whole new generation of entrepreneurs and hobbyists chasing this new industry entrant.

CMFRI joins hands with ISRO to protect coastal wetlands

12-Apr-2019 - 0 Comments.

MoU signed between CMFRI and Space Applications Centre of ISRO to develop mobile app and web portal with complete database on smaller wetlands to build resilience on climate change

GIFA: International Innovations in Agriculture to promote food security in the UAE

19-Mar-2019 - 0 Comments.

The world’s leading agriculture innovations will be showcased in Abu Dhabi from 1 to 2 April 2019 at the Global Forum for Innovations in Agriculture (GFIA) at Abu Dhabi National Exhibition Centre (ADNEC).

SOPA mid-term review keeps soybean crop at 11.48 MT

09-Feb-2019 - 0 Comments.

Based on this extensive survey, we find that there is no need to revise the initial crop numbers given by SOPA and the kharif-2018 soybean crop is reconfirmed at 11.48 million tonnes, according to The Soybean Processors Association of India

Budget 2019-20: Allocation for agriculture ministry raised by around 2.5 times

01-Feb-2019 - 0 Comments.

Agriculture continues to be the main driver of the rural economy. Our hard-working farmers, supported by pro-farmer policies of our Government in the past four and half years, have produced agriculture commodities in record quantities

India provides cash benifits to 120 MN small, marginal farmer families

01-Feb-2019 - 0 Comments.

To provide an assured income support to the small and marginal farmers, the Government is launching the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN). While presenting the Interim Budget 2019-20 in Parliament, the Union Minister for Finance, Corporate Affairs, Railways & Coal, Piyush Goyal said, “Under this programme, vulnerable landholding farmer families, having cultivable land up to 2 hectares, will be provided direct income support at the rate of Rs. 6,000 per year.

International Workshop Calls for Joint Fisheries Management Plans for Afro-Asian Nations

30-Jan-2019 - 0 Comments.

An international workshop on fisheries and aquaculture has called for regional cooperation among the member countries of African Asian Rural Development Organisation (AARDO) in an effort to develop joint fisheries management plans aiming to achieve sustainable development of the fisheries in Afro-Asian countries

World feed production increased by 3 percent to 1.10 BT, says 2019 Alltech Global Feed Survey estimates

30-Jan-2019 - 0 Comments.

The 2019 Alltech Global Feed Survey, released today, estimates that international feed tonnage has increased by a strong 3 percent to 1.103 billion metric tons of feed produced in 2018, exceeding 1 billion metric tons for the third consecutive year.

ICAR launches National Agricultural Higher Education Project

28-Jan-2019 - 0 Comments.

Skilled human resources in agriculture must become the basis of agricultural advancement and in view of this, the Modi government has given special emphasis on the upliftment of agricultural education. This was stated by the Union Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh

1000 mandis will be linked with e-NAM by 2020, says Indian agri minister

23-Jan-2019 - 0 Comments.

Indian Minister for Agriculture and Farmers’ Welfare Shri Radha Mohan Singh addressed a day-long conference on the theme, “How Government, Industry and Farmers can work together to Make Farming More Profitable”, in Mumbai on 23 January 2019

CMFRI organizes international workshop for Afro-Asian countries

15-Jan-2019 - 0 Comments.

An international workshop on fisheries and aquaculture got underway at the Central Marine Fisheries Research Institute (CMFRI) on Tuesday with a call to formulate game-changing policies to develop the fisheries sector in Afro-Asian countries.

ICAR sign MoU with Department of Biotechnology for agricultural research, education

15-Jan-2019 - 0 Comments.

In order to leverage the efforts, the Department of Biotechnology and Indian Council of Agricultural Research has entered into Memorandum of Understanding (MoU) for much-needed emphasis on multi-disciplinary R&D activities and nurturing innovations in Agricultural Biotechnology Research and Education

First interstate trade registered between two e-NAM

10-Jan-2019 - 0 Comments.

What could be seen as a new era in farmers market trading, India's two Agricultural produce market committee (APMC) based in two states have traded for the first time.

Launch of NCDC model for cooperatives can bring financial inclusion of farmers in remote villages

10-Jan-2019 - 0 Comments.

Indian Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh has said that National Council for Cooperative Training (NCCT) besides being responsible for training, awareness and evaluation programmes of employees working in the cooperative sector also facilitates the same for other stakeholders in the cooperative sector in the country

Radha Mohan Singh releases recombinant ELISA kits for livestock sector

10-Jan-2019 - 0 Comments.

Indian Minister of Agriculture & Farmers Welfare Radha Mohan Singh today released recombinant Enzyme-linked immune sorbent assay (ELISA) kits: one for Glanders and other for Equine Infectious Anaemia

Indian export of herbs and herbal products records 14.22% growth in 2017-18

10-Jan-2019 - 0 Comments.

The export of herbs and value-added extracts of medicinal herbs are gradually increasing over the years. India exported USD 330.18 Million worth of Herbs during 2017-18 with a growth rate of 14.22% over the previous year

Indian export of organic farming products picking up

10-Jan-2019 - 0 Comments.

Indian Ministry of Commerce & Industry has implemented the National Programme for Organic Production (NPOP) since 2001 with the following objectives

Oil Sardine catch may go down during coming years: CMFRI

10-Jan-2019 - 0 Comments.

The Indian oil sardine stock along the Kerala coasts is likely to suffer a major setback during the coming years, according to the Central Marine Fisheries Research Institute (CMFRI).

India utilizes only half of the allocated funds for fisheries

08-Jan-2019 - 0 Comments.

Though the government is focusing on enhancing production in the fisheries sector, the ministry data released by the government reveals that only half of the money allotted for the sector have been spent till January 2019

India release details of National Bamboo Mission

08-Jan-2019 - 0 Comments.

The restructured National Bamboo Mission (NBM) was approved in April, 2018 for implementation till the end of 14th Finance Commission i.e. 2019-20

GM cotton crops touches 34.88 million tonnes bales in 2017-18

08-Jan-2019 - 0 Comments.

With the usage of genetically modified (GM) cotton crops, the productivity of cotton increased from 191 kg per hectare in 2002-03 to 477 kg per hectare in 2017-18 and the production of cotton has been increased from 8.62 million bales in 2002-03 to 34.88 bales in 2017-18 due to the adoption of Bt. cotton in the country

Close to 50 MN farmers benefited from implementation of modern techniques in agriculture

25-Dec-2018 - 0 Comments.

As per the results of ‘Situation Assessment Survey of Agricultural Households’ conducted by National Sample Survey Office (NSSO) in 2013, about 63.5 percent of the agricultural households in the rural areas of the country reported cultivation as their principal source of income. Details of the number of farmers still following age old practices are not available in the Survey.

India rabi crops sowing crosses 60.2 MN hectares

As per preliminary reports received from the States, the total area sown under Rabi crops as on January 7, 2017 stands at 60.27 million hectares as compared to 56.58 million hectare this time in 2016.

India committed to promote organic farming, says Radha Mohan Singh

Indian agriculture and farmers welfare minister, Radha Mohan Singh said that central government is committed to promote organic farming in view of the importance of organic farming, with emphasis on sustainable production, food security and soil health.

India's tech minister say on GM crops in upper house

The policy for introduction of Genetically Modified (GM) Crops in the country is based on recommendations of the Task Force on Application of Biotechnology and Agriculture under the Chairmanship of Prof. M. S. Swaminathan

India setting up two cattle breeding centres

In order to increase cattle population in the country, Indian agriculture ministry is setting up two national cattle breeding centres

Agri ministry sign MoU for organic farming on Ganga banks

In order to increase organic farming in the country, Indian agriculture ministry has signed a memorandum of understanding (MoU) with the Ministry of Water Resources, River Development and Ganga Rejuvenation for promoting organic farming on the banks of river Ganga.

Govt fixes minimum support price of toria crops for 2016-17 rabi season

Indian government has fixed a minimum support price of $52.60 (Rs 3560) per quintal for torai crops for 2016-17 season to be marketed in 2017-18.

India launches world's first bovine germplasm trading portal

Indian agriculture ministry has launched a portal for cattle breeding called e-pashuhaat (www.epashuhaat.gov.in)

India release 1st Advance Estimates kharif crops output for 2016-17

30-Sep-2016 - 0 Comments.

India's kharif crop production is estimated to be around 135.03 million tonnes during 2016-17, which is a record, during the same period last year crop output was 124.01 million tonnes.

Russia sign dairy export protocol with India

16-Aug-2016 - 0 Comments.

With several months of negotiations with Russia, decks are cleared for dairy exports, as the later has signed export protocols with India.

Indian seafood exports drops during 2015-16

04-Aug-2016 - 0 Comments.

Indian seafood exports has recorded a marginal drop at 0.94 million tonnes, earning $4.7 billion to the exchequer during the fiscal year of 2015-16.

सीसीईए ने वित्तीय वर्ष 2019-20 के लिए रबी फसलों के एमएसपी को मंजूरी दी

23-Oct-2019 - 0 Comments.

इस एमएसपी नीति के माध्यम से सरकार ने किसानों को न्यूनतम 50 प्रतिशत लाभ प्रदान करने के उद्देश्य एवं 2022 तक इनकी आय को दोगुना कर जीवन शैली में सुधार लाने हेतु किया गया प्रमुख एवं प्रगतिशील कदम है।