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Tuesday / November 29. 2022

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HomeAgrotechMCCIA launches an initiative to support Agri-tech start-ups

MCCIA launches an initiative to support Agri-tech start-ups

MCCIA will help curate the list of potential investee start-ups and intend to make the first investment before the end of December 2022.

Pune based Mahratta Chamber of Commerce Industries and Agriculture (MCCIA) has launched an initiative to support Agri-tech start-ups which provide technology-based solutions to various agriculture-related problems. The chief guest for the event was the prominent Indian Cricket Player, Ajinkya Rahane, who has a keen interest in the agriculture sector and start-ups. He would be playing a key role in this initiative. Ajinkya Rahane and associates will make seed investments in some of the Agri-tech start-ups. Towards this, they will begin with a fund of Rs 1 crore. They hope to inspire more such investors to come forward and grow the size of the fund over the next few months and years and further enhance the impact.

(MCCIA) will help curate the list of potential investee start-ups. They intend to make the first investment before the end of December 2022 and three of them before the end of this financial year. As a part of its mission to support and strengthen the agriculture sector in Maharashtra, the (MCCIA), Pune has been actively working with start-ups and small-scale entrepreneurs in the sector to help them grow.

 Fifty-one Agri-Tech Startups participated in this initiative. The attendees also included founders of other (non-Agri-tech) start-ups, corporate professionals, business owners and MCCIA office bearers.

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