Venture investment in Indian agrifoodtech down by 33% at $2.4 BN during 2022, says report
24-May-2023 - 0 Comments.
AgFunder and Omnivore have released the fifth India AgriFoodTech Investment Report, detailing $2.4 billion in startup investment, a 33 percent year-over-year decline from $3.6 billion in 2021. The decline matches the global downward trend but there were bright spots where investors backed innovations focused on farmers and climate change.
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.
Omnivore sells Eruvaka to Nutreco, delivering the largest exit in Indian agritech
25-Aug-2022 - 0 Comments.
Agritech-focused venture capital firm Omnivore announced the sale of Eruvaka to Nutreco recently, delivering the largest exit to date in Indian agritech.
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.
Kagome, NEC forms JV firm in Portugal to provide AI-based farming support for processed tomatoes
20-Jun-2022 - 0 Comments.
Kagome Ltd and NEC Corporation will establish DXAS Agricultural Technology, a joint venture in Portugal to provide farming support for processed tomatoes using AI. Establishment is scheduled for July of this year.
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).
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.
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.
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).
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.
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.
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.
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.
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.
Crystal Crop launches a new venture-Saffire Crop Science, for technology-driven crops solutions
11-Feb-2022 - 0 Comments.
Built on more than 34 years of experience in leading research and development in crops solutions, Crystal Crop Protection Limited, has now launched Saffire Crop Science that will leverage technology to offer global-standard products and services.
Thai Union Public, R&B Food Supply, Avanti Group enters into strategic JV in India
31-Jan-2022 - 0 Comments.
Thai Union Group PCL (Thai Union) announced the signing of a joint venture agreement with R&B Food Supply PCL (RBF) and Srinivasa Cystine Private Limited (SCPL) to launch a new company focused on serving high quality food ingredients to the Indian market, according to former press release.
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.
Financing sustainable agriculture key to address climate change vulnerability: CFA Institute report
25-Nov-2021 - 0 Comments.
CFA Institute, the global association of investment professionals, has called for a concerted effort from Indian Banks, Venture capital (VC) investors, multilateral development institutions, and Indian policymakers, towards catalysing private capital for sustainable agriculture.
Fish supply through MIMI App now available in 29 places in Kollam district
15-Sep-2021 - 0 Comments.
A fortnight after it launched MIMI Fish as a retail venture that assures delivery of fresh and cleaned fish at door steps, Kerala Fisheries Department extended the supply of fish to 29 more places in Kollam district.
Fisheries Minister launches MIMI mobile app for home delivery of fresh fish
29-Aug-2021 - 0 Comments.
Kerala Fisheries Minister Saji Cheriyan launched the mobile app of MIMI Fish Store, a retail venture of the State Fisheries Department’ for home delivery of fresh fish and value-added products.
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.
Kerala to roll out high quality fish sales, home delivery through MIMI Fish Stores
12-Jul-2021 - 0 Comments.
In a first in the country giving the consumers complete access to the details of the fish they buy, MIMI Fish, a retail venture of the Kerala Fisheries Department, is all set to launch its sales outlets across the state and online home delivery service for supply of fresh fish and value-added products.
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.
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.
Omnivore rope in ex-NABARD chairman Dr Harsh Bhanwala as senior advisor
02-Jun-2021 - 0 Comments.
Omnivore, India’s leading agritech venture capital firm has announced that Dr Harsh Kumar Bhanwala will become a Senior Advisor from 1 June 2021.
Omnivore to elevate USD 150 million funds to enhance rural agritech
31-May-2021 - 0 Comments.
Omnivore, an agritech venture capital firm, recently announced that it is setting up a new USD 150 million funds to be invested in tech-driven, predictive crop insights that can help improve productivity and profitability for farmers in India.
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.
qZense secures INR 4.5 Cr seed investment led by Venture Catalysts
01-Jan-2021 - 0 Comments.
Venture Catalysts, India’s first and largest integrated incubator and accelerator, has recently led INR 4.5 Cr seed investment in qZense Labs, an agritech start-up for quality control and management of fresh produce.
To make Goa self sufficient in agriculture, state announces Brand Goa venture
03-Dec-2020 - 0 Comments.
Goa Chief Minister, Dr Promod Sawant conducted a series of meetings with ICAR-CCARI and officials of State Government to prepare a roadmap for execution of strategies for improving production, productivity, value chain, mechanisation in agriculture, animal husbandry and fisheries sector of Goa State.
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.
SIFCO begins construction of integrated food processing units in Sikkim
20-Oct-2020 - 0 Comments.
IFFCO’s Organic Joint Venture, SIFCO (Sikkim IFFCO Organics Ltd.) has started its construction work at Rangpo, Sikkim.
Haymarket Media Group forms joint venture with Comexposium
17-Feb-2017 - 0 Comments.
Haymarket Media Group today announces a new joint venture with Comexposium, one of the world’s leading event organisers.
Kribhco to set up fertilizer plant with Morocco firm
22-Oct-2016 - 0 Comments.
India’s fertiliser co-operative, Kribhco has announced that they are entering into a 50:50 joint venture to develop a large-scale greenfield NPK fertilizer plant in Krishnapatnam, Andhra Pradesh, India.
FieldFresh inks MoU with Punjab Agri Varsity for corn research
13-Oct-2016 - 0 Comments.
A joint venture firm of Bharti Enterprises & Del Monte Pacific Limited, FieldFresh Foods has signed a memorandum of understanding (MoU) with Punjab Agricultural University (PAU) to carry out Corn Productivity Research Programme.
Tata Chemicals sells urea venture to Yara India for $400 MN
11-Aug-2016 - 0 Comments.
Tata Chemicals has informed the Bombay Stock Exchange (BSE) on August 10, 2016 that it has decided to sell its urea business to Yara India for $400 million (Rs 2670 crore).