Since 2011, Omnivore has been funding entrepreneurs building the future of agriculture and food systems
Omnivore announced the publication of its FY2020-21 Impact Reports, highlighting the progress made by Omnivore’s portfolio companies in driving agricultural prosperity, transforming food systems, and promoting climate sustainability across India. Since 2011, Omnivore has been funding entrepreneurs building the future of agriculture and food systems. Omnivore’s investment portfolio features over 30 agritech startups, including DeHaat, Arya, Stellapps, Reshamandi, Bijak, AgNext, Intello Labs, GramCover, Aquaconnect, Animall, BharatAgri, DGV, Pixxel, and Fasal.
Omnivore tracks the impact of its portfolio companies across four key themes: increasing farmer profitability, enhancing farmer resilience, improving agricultural sustainability, and catalysing climate action.
From the FY2020-21 Impact Reports, some of the highlights include:
- Omnivore portfolio companies have reached a total of 6.4 million Indian farmers
- Omnivore portfolio companies have provided Indian farmers with access to financial services (credit disbursed and insurance coverage) of over INR 8,000 crore
- Omnivore portfolio companies have created economic value of over Rs 6,000 crore for Indian farmers by increasing their farm incomes and reducing their cost of cultivation
- Omnivore portfolio companies have helped save 7.4 billion litres of water, reduce 1.2 million tonne of GHG emissions, and shift 1.3 million hectares of farmland to sustainable cultivation
Sandeep Mukherjee was recently hired as VP – Impact & ESG. In this role, Mukherjee will lead impact measurement and reporting processes, in addition to overseeing Omnivore’s environmental, social, and governance (ESG) practices and procedures. Sandeep was most recently a Vice President at RBL Bank, where over the past six years he was instrumental in setting up environmental and social risk management systems as well as sustainability reporting. Prior to that, Mukherjee served as an Assistant Vice President at the Environmental Management Center (EMC). He is a postgraduate in Environmental Management from IISW&BM and holds a BA from Asutosh College, Kolkata.
