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Agribusiness

Agritech startup Superplum raises $15 Mn in its Series A funding round

The funding round was led by the company’s incoming chairman, Erik Ragatz, former Partner and current Senior Advisor of Hellman & Friedman. Agritech startup, Superplum, revolutionising the fresh fruit supply…

Anupam Rasayan India posts 44.26% drop in its consolidated net profit in Q4 FY23-24

The company has posted total income Rs 413 crore in the January-March quarter of 2023-24 compared to Rs 504.2 crore in the year-ago period. Chemicals maker Anupam Rasayan India Ltd.,…

BASF offers first biomass-balanced products for its ammonia and urea portfolio

BMB ammonia derivatives portfolio with significantly lower product carbon footprint versus conventional ammonia derivatives. With its first biomass-balanced (BMB) ammonia and urea products, BASF now offers BMB options within its…

Savannah Seeds and ADAMA India jointly launch FullPage® Rice Cropping Solution

 Field trials of this technology have been undertaken over past three years in Chhattisgarh. At a program attended by over 1000 farmers from across the region at Bemetara, Savannah Seeds…

Hikal Limited reports revenue of Rs 1,785 Cr in FY24

In Q4 FY24 company’s crop protection business reported revenue of Rs 177 crore and EBIT of Rs 14 crore. Hikal Ltd., a preferred long-term partner for leading global life sciences…

 FMC Corporation posts revenue of $918 Mn in Q1 FY2024

Asia sales declined 29 per cent (down 28 percent organically), primarily from lower volumes in China due to poor weather. FMC Corporation reported first quarter 2024 revenue of $918 million,…

Agritech startup Eeki plans to invest Rs 700 Cr to enhance its domestic and global presence

Eeki will commence exports of vegetables to international markets including UAE, Singapore and Europe in the next few months. Eeki, a pioneering agritech startup cultivating nutritious vegetables in a sustainable…

Meghmani Organics Ltd reports Rs 418.9793 Cr total income in Q4 FY24

 The company has posted net profit / (loss) of Rs. -17.9631 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. -38.2253 crores for…

Dubai Farms join hands with Bumblebee Food to drive sustainable agricultural practices

By sourcing ingredients exclusively from local farms, Bumblebee Food is contributing to a more productive and eco-friendlier agricultural sector for Dubai. Bumblebee Food, a leading provider of ready-made meal plans…

Magellanic Cloud bags Rs 43 Cr order for Logistics drones

The company aims to capture a 5 per cent share of the USD 6 billion last-mile delivery segment in India, leveraging its first-mover advantage and advanced technology. Magellanic Cloud, a…

Rivulis partners with agri-tech farm Veracruz Almonds in a pioneering trial in Portugal

 The trial will use D5000 CX, Rivulis’ latest revolution in micro-irrigation that is designed to deter root intrusion, copper oxide is blended into each drip emitter. Rivulis has launched a…

UPL posts 94.95% decline in consolidated net profit in Q4 FY24

Company’s revenue from operations declined 15.03 per cent YoY to Rs 14,078 crore in the quarter ended 31 March 2024, primarily due to lower prices in the post-patent market. Agrochemical…

Bayer Cropscience outperforms in a difficult market in Q1FY 24

Sales declined by 3.0 per cent to 7.907 billion euros, mainly due to lower volumes for non-glyphosate-based herbicides and the Fungicides business in Europe/Middle East/Africa. The Bayer Group performed as…

FMC Corporation announces multi-year research agreement with AgroSpheres

The agreement aims to bolster FMC’s position as the market leader in insecticides and AgroSpheres’ speed to market for its ribonucleic acid (RNA) portfolio. FMC Corporation, a leading global agricultural…

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