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Agribusiness

Unnati & IFFCO announces strategic tie-up to offer seamless credit to rural markets

Unnati will extend channel financing solutions in collaboration with its NBFC partners including its subsidiary Ora Finance to over 76,000 channel partners across India associated with IFFCO. Unnati Agri, an…

Praj Industries reports Rs 704.143 Mn PAT in Q3FY24

Company reports Rs 8,286.226 million incomes from operations in Q3 FY24. Praj Industries (Praj) announced its unaudited financial results for the quarter and nine months ended Dec 31, 2023. Income…

Orios Venture Partners partially exits portfolio company Country Delight, generating 45X returns

This exit adds to Orios Venture Partners’ track record of successful returns to investors further solidifying its position as a leading investor in India-focused startups. Orios Venture Partners, India’s leading…

Coromandel to set up new phosphoric acid and sulphuric acid plants in Andhra Pradesh

With the new plants, the company’s capacity for phosphoric acid will increase by 750 tonnes per day, while that of sulphuric acid will go up by 1,800 tonnes per day.…

Mahindra’s Farm Equipment Sector sells 22972 units in India during January 2024

Company’s total tractor sales (Domestic + Exports) during January 2024 were at 23948 units, as against 28926 units for the same period last year.  Mahindra & Mahindra Ltd.’s Farm Equipment…

BASF SE and its partners publish year 7 impacts for ‘Pragati’, sustainable castor bean programme

The partners now commit to a third phase for the world’s first sustainable castor program. BASF, Arkema, Jayant Agro-Organics and implementation partner Solidaridad launched the project in May 2016. For…

“We are seeing marketplaces move to a phygital model”

– Shardul Sheth, Co-founder & CEO, AgroStar Established in 2013, AgroStar stands as a pioneering AgTech startup in India, dedicated to the mission of “Helping Farmers Win.” By providing real-time…

Phygital Farming Takes Root in India

India’s agri-inputs market alone boasts a substantial $44 billion valuation, driven by over five lakh agri-input retailers serving as vital sources for farmers. As this marketplace rapidly evolves, combining the…

Agri sector appreciates Union Budget 2024

Experts from the agri sector have praised the announcement that aims to encourage more private and public investment in areas of post-harvest activities The agricultural sector has expressed its appreciation…

Maersk names first vessel of its large methanol-enabled fleet “Ane Maersk”

Ane Maersk is the first of Maersk’s 18 large methanol-enabled vessels, that will be delivered between 2024 and 2025. The world’s first large methanol-enabled container vessel has been named “Ane…

MK Agrotech and M11 Industries launch Oil Palm Plantation Programme in Odisha

Company plans to commence a palm oil mill in the state by 2029-30, with FFB processing capacity of 10 Metric Tons per Hour (TPH) initially. Karnataka-based MK Agrotech Pvt Ltd,…

Aquaconnect secures $4 Mn in Pre-Series B funding round led by S2G Ventures

Funding will enable Aquaconnect to continue scaling its operations and expanding geographically to amplify its impact across India. Chennai based Aquaconnect, a full-stack aquaculture platform with embedded fintech that leverages…

ICAR-ATARI and AMTPL partner for development of women entrepreneurs in agri-business

AMTPL will arrange buyers, provide working capital for youth through bank loans, offer free training on processes, products, technology, and pricing, and support KVKs in using AMTPL’s technology platform. A…

Sharda Cropchem Ltd posts Rs. 4.63 Cr consolidated net profit in Q3 FY2024

The company has reported total income of Rs. 644.6238 crores during the period ended December 31, 2023, as compared to Rs.1020.0410 crores during the period ended December 31, 2022. Agrochemical…

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