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E-commerce

Licious raises Series E funding $30 mn, from Vertex Growth Fund

The round was led by Singapore-based Vertex Growth Fund, along with existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund.  Banglore based …

Global sweetcorn seed market projected to grow at a higher rate at 5.6%

The demand for several instant food ingredients including sweet corn, has propelled the demand for sweet corn seeds in the value chain. According to the latest Report of www.seedworld.com, demand…

GAIC launches imported water-soluble fertilizers

The new-generation fertilizers will be sold in the market under its brand – ’AGRO’     In  order to encourage  the use of high-grade agri-inputs, the Gujarat Agro Industries Corporation…

BASF advances FiberMax Cotton seed variety in 2020  

In dryland or under irrigation, FibreMax Cotton seed brings high yield potential and good fiber quality potential.    Over the past year, as part of the BASF Agronomic Performance Trial…

Central Government puts restrictions on import of refined palm oil

An importer will require license for import the RBD Palm Oil and RBD Palmolein as per imposed restriction.  Considering repeated demands from solvent processors to protect the interests of domestic…

Crystal Crop acquires 3 insecticide brands from Corteva  Agriscience

Acquired three insecticide brands will help the company to generate an additional revenue of about Rs 50 crore annually. Agro-chemical firm Crystal Crop Protection Ltd  has recently  stated that it…

Sonalika Tractors witness uprising growth, domestic sales increases by 20.7%

The company has observed a 132.5 per cent growth in exports by shipping 2,358 units, and secures a market share of 32 percent, during the month under review.   Sonalika…

Bayer CropScience & Trendlines Group Ltd. jointly starts ProJini Agchem

ProJini Agchem Ltd., a new company focused on developing a platform technology to develop novel pesticides with new modes of action.      The Bayer Trendlines Ag Innovation Fund (“the…

ChemChina, & Sinochem merge agricultural assets-Syngenta

The reorganization includes Syngenta, the Swiss pesticide producer that ChemChina agreed in 2016 to buy for $43 billion. ChemChina and Sinochem (600500.SS) are consolidating their agricultural assets into a new…

Eight states finalize action plan for agri export policy: Ministry of Commerce and Industry 

The action plan includes production clusters, capacity building, infrastructure and logistics and research & development The government has recently stated that eight states, including Maharashtra, Uttar Pradesh, Punjab and Karnataka,…

Prompt Equipments and IIT Mumbai jointly launches “Animal Wearable”

On experiment basis, the belt has been tested on 500 animals. The company aims at covering around 10,000 animals in the next one year.   Dairy technology solutions provider, Prompt…

Agritek Holdings Inc. launches “Higher Society” premium cannabis brand  

“Higher Society” includes craft cannabis concentrates, extracts, tinctures, oils, flower, topical, edibles, rosin, vape pens and accessories.     Agritek Holdings, Inc. (www.AgritekHoldings.com), a fully integrated, active real estate investor for…

IB Group set to invest Rs 200 crore in agriculture & poultry-based start-ups  

The scheme would create 25,000 direct employment opportunities       Chhattisgarh-based poultry firm IB Group has recently announced that it has set aside a capital fund of ₹200-crore for…

UPL gets approval for Rs 353-cr pesticide unit expansion in Gujarat

The power requirement after the expansion will be met from Dakshin Gujarat Vij Company Ltd (DGVCL) Agrochemical firm UPL has received the environment clearance from the government for its Rs…

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