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Agribusiness

ah! Ventures invests in agritech startup Agrilectric through its First Gear Platform

22 investments have happened through all three platforms and the fund in 2024. ah! Ventures invests in Agrilectric Pvt Ltd, that was founded in May 2022 with the vision of…

NK Proteins Ltd.’s report projects domestic production of vegetable oils likely to increase by 10-15% in FY24

Total imports for oil year 2023-24 is estimated to be about 16.2 MMT vs 17 MMT in the previous year. Bhavna Shah, Deputy CEO, NK Proteins Pvt Ltd made a…

PI Industries posts consolidated net profit of Rs 369.5 Cr in Q4 FY24

During Q4 FY24, PI Industries has registered 9 per cent growth in agrochemical exports mainly driven by volumes and new products. PI Industries Ltd. has reported Q4 FY24 consolidated net…

Godrej Capital launches dairy farm loans in partnership with Creamline Dairy and Dvara E-Dairy

 Company plans to expand its operations by establishing new branches in Karnataka, Tamil Nadu, Maharashtra, Andhra Pradesh, and Telangana. Godrej Capital, the financial services arm of Godrej Industries announced that…

AgroFresh’s digital platform FreshCloud™ streamlines quality produce inspections at Goede Hoop

 It offers season-long, real-time quality inspection monitoring of various crops including apples, pears, avocados, blueberries, tomatoes, grapes, melons, citrus. AgroFresh Solutions, Inc., a global leader in post-harvest solutions, is committed…

Dhanuka Agritech FY24 net profit up by 2.4% to Rs 239.09 Cr

 Company has reported revenue of Rs. 1758.54 Cr in FY’24 and growth of 3.4 per cent over FY23. Dhanuka Agritech, one of the leading agri input companies in India, announced…

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…

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