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Finance

How Indian Agri Insurance Companies are Disrupting the Global Market

By Anuj Kumbhat, Co-Founder & CEO, WRMS Agriculture, the backbone of economies worldwide, faces numerous challenges, from unpredictable weather patterns to market volatility. In recent years, the importance of agricultural…

Offsetting Extreme Weather Impact with TECH-DRIVEN INSURANCE

Both the government and private insurers are recognising the potential of index-based insurance. Collaborative efforts and technology startups specialising in agri-tech are leading the way in fine-tuning and promoting these…

Precision Agri platform Fyllo secures $4 Mn funding led by IndiaQuotient, SIDBI Ventures

 Fyllo will use the funds to expand into new geographies and crops and develop more precision agriculture products.  Agritech startup Fyllo has announced that it has raised $4 million in…

DFPCL posts net profit of Rs 457 crore in FY 24, reflecting a drop of 62.5%

During Q4 2024, company has posted net profit of Rs 220 crore compared to Rs 257 crore in Q4 FY 2023, reflecting a decline of 14.7 per cent. Deepak Fertilisers…

Shree Renuka Sugars posts Rs 91,065 Mn revenue in FY24, registering 25 % growth over last year

The refinery division delivered strong performance due to firm international sugar prices and high export volumes.   Shree Renuka Sugars Limited – one of India’s largest sugar and green energy…

Insecticides (India) Ltd’s Net Profit crosses Rs 100 Cr in FY24

Company’s PAT for FY24 was at Rs 102 Crore, registering a growth of 62 per cent.  Insecticides (India) Limited (IIL), one of India’s leading crop protection and nutrition company, has…

Best Agrolife posts revenue Rs 1,873 Cr in FY2024

In Q4 FY24 Company’s Revenue from Operations declined by 46.68 per cent Y-o-Y to Rs. 135.39 crore compared to Rs 253.91 crore in Q4 FY23. Best Agrolife Limited, amongst India’s…

Bayer CropScience posts Rs 7,915 Mn revenue from operations in Q4 2023-24

In FY 2023-24, the Company’s Revenue from Operations remained flat at Rs 51,032 million, compared to Rs 51,397 million in the previous year. Bayer CropScience Limited announced its results for…

AGCO invests in Innova Ag Innovation Fund VI to drive the nextGen farming

  Through this partnership, AGCO intends to leverage Innova’s expertise in identifying and supporting high-potential startups at the forefront of agricultural technology. AGCO a global leader in the design, manufacture…

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…

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…

NDDB signs MoU with Punjab National Bank for the development of dairy infrastructure

 PNB will provide finance to beneficiary organisations (BOs) in the cooperative sector, including milk unions/federations, multi-state cooperatives and producer owned institutions. The National Dairy Development Board (NDDB) has signed a…

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…

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…

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