Finance News
Full-stack agri-tech start-up Gramophone raises $10M led by Z3Partners
Gramophone – a full-stack agri-tech platform has raised $10 million round led by Z3Partners, a market-leading early growth investor that brings decades of experience in investing in leading technology and digital businesses like DealShare, Cyfirma, and prior Fund investments like Ofbusiness, BigBasket, Peppe...Read more
Heritage Foods registers consolidated Q2 FY2022 revenue of Rs 6,703M
Heritage Foods, a leading Indian private dairy player, announced its financial results for the second quarter and half year ended on September 30, 2021. During the Q2 FY2022 consolidated results, revenue from operations was at Rs 6,703 million during the quarter; up by 9.9 per cent YoY. The EBIDTA stood a...Read more
Snowman Logistics posts Rs 70 Cr revenue in Q2 Fy20-21
Snowman Logistics has registered a revenue of Rs 70 crores against Rs 57 crores in Q2 FY20-21. EBITDA increased by 25 per cent to Rs 19 crore from Rs 15 crore in the corresponding quarter of the previous year. PBT increased to Rs 2.01 crore from Rs (1.73) crore in the corresponding quarter of the previous year and...Read more
Rallis India posts consolidated revenues of Rs 1468 Cr during Sept 2021 period
Rallis India, a TATA Enterprise and a leading player in the Indian agri inputs industry announced its financial results for the quarter and period ended September 30, 2021.The company recorded consolidated revenues of Rs 1468 crore for the period ended September 30, 2021, a growth of 6 per cent over previous year ...Read more
Hatsun Agro Product registers PAT of Rs 82.09 crores in Q2 FY22
Tamil Nadu-based Hatsun Agro Product, has announced its financial results for the quarter and six months ended September 30, 2021.In Q2 FY 22, the company registered sales of Rs1635.41 crores as against Rs 1326.99 crores in Q2 FY 21 registered a growth of 23.24 per cent. In H1 FY22 sales were at Rs 3180.12 crores ...Read more
Agri supply chain startup Onato raises $2.2 Mn from Vertex Ventures & Omnivore
Onato, a data driven B2B platform for fresh produce, emerged out of stealth and announced a seed financing of USD 2.2 million. This round was led by Vertex Ventures Southeast Asia & India with participation from Omnivore. Onato is building a technology platform for India’s USD 100+ billion fruits a...Read more
ReshaMandi raises $30 M in Series A Funding
ReshaMandi, India’s first silk-tech startup that serves as a B2B marketplace for silk farmers, businesses, and retailers in India, announced a Series A funding round of $30 million, led by global alternative investment manager Creation Investments and other investors. This round featured a mix of equity and ...Read more
Pluton Biosciences raises $6.6 M in seed round funding
St Louis-based startup Pluton Biosciences is proud to announce the closing of its seed round, raising a total of $6.61 million in new investments. “With this new round of capital, we’ll be able to build Pluton’s value as an innovative force, providing solutions to the climate and a...Read more
Pune-based AgroStar to raise Rs 53 crore in funding
Pune-based agritech startup AgroStar is raising Rs 53 crore in a funding round led by Aavishkaar Bharat Fund, Accel India and Bertelsmann. The fresh infusion seems to be part of the startup’s Series D round. The startup is raising Rs 47.3 crore from Aavishkaar Bharat Fund, Accel India and Bertelsmann by allo...Read more
Rural Insurtech Startup GramCover raises $7 Mn in Series A
India’s leading rural insurtech startup ‘GramCover’ today announced their Series A fundraise of USD 7 million co-led by Siana Capital and Inflexor Ventures. Stride Ventures also participated in this round alongside existing investors Omidyar Network India, Flourish Ventures and Em...Read more
Samunnati launches scheme to crowdsource funds for small farmers
Chnnai-based specialised agri value chain enabling start-up Samunnati recently launched an insurance initiative Annadata Suraksha Abhiyaan (ASA) to cover farmers from daily farming risks. On the occasion of Daan Ustav, Samunnati launched the ASA campaign to cover over 50,000 smallholder farmers who are part of its...Read more
AgriTech startup N.THING secures $26M funds to accelerate growth
Korean AgriTech startup N.Thing, has raised $21 million in series B fundraising that is up from $5 million in the previous series that is secured $26 million in total. This has been run as an additional round of series B funding, led by InterVest and Kiwoom Investment where are the follow-on investment from existi...Read more
