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Finance

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…

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…

Department of Fisheries allocates Rs 2584.50 Cr for financial year 2024-25

Budgetary allocation is 15 per cent higher than the current financial year. Department of Fisheries has been allocated an amount of Rs. 2584.50 crore for financial year 2024-25 which is…

GCMMF- Amul welcomes Govt’s continuation of approval for Animal Husbandry Infrastructure Development Fund

The budget 24 announcement about mandatory blending of CBG in CNG and PNG, financial assistance for procurement of biomass aggregation machinery to support collection will boost dairy industry. Union Finance…

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…

IIM Kashipur’s agri start-up fiesta drives Rs 15 Cr funding to promote startup ecosystem

A total of INR 14.6 Crores has been disbursed to startups under startup support schemes out of which INR 1.30 Crores have been sanctioned to 13 Agri-focused startups in FY…

FMC Corporation to receive USD 1 Mn for damages arising from patent infringement in China

The court found all the defendants guilty of infringing FMC’s composition of matter patent for a key intermediate to manufacture chlorantraniliprole, FMC’s insect control active ingredient. FMC Corporation, an agricultural…

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…

Maersk invests Rs 113 Cr for its new Cold Store facility in Gujarat

Maersk’s new Cold Store facility will offer temperature-controlled storage solutions for perishable frozen processed food items. A.P. Moller–Maersk (Maersk), the global integrated logistics company, broke ground for its upcoming Rs…

Grow Indigo secures $8 Mn investment to drive the future of Sustainable Agriculture

Grow India operates the largest carbon farming platform for smallholder farmers in India. The platform includes four carbon programs across 13 states. Grow Indigo, a leading science enabled sustainable agriculture…

Rallis India Limited reports 3% volume growth in Q3 FY 24

 Company’s Profit After Tax Margin improved by 60 bps under challenging conditions. Rallis India Limited, a TATA Enterprise and a leading player in the Agri inputs industry announced its financial…

CNH invests in ecofriendly bale storage innovator Nature’s Net Wrap

Investment aims to accelerate their mission to eliminate waste from the process of collecting and storing crops. CNH, through its investment arm CNH Ventures, is supporting the scientific development of…

BL Agro inks MoU with Telangana Govt to set up manufacturing unit

Under the MoU, the company plans to invest Rs 500 crores in Telangana and employ 5000 people. Witnessing the potential in the Southern parts of India, BL Agro, India’s fastest-growing…

eFeed bags Rs 25 Lakhs grant from ICAR to empower livestock and dairy industry

The funds will be utilised to further expand the startup’s reach, enabling it to empower more farmers with its innovative technology solutions like Nutrition Calculator. eFeed, a pioneering startup revolutionizing…

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