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Finance

Hikal Ltd signs MoU with Gujarat govt for Rs 500 Cr investment in Panoli plant

The investment is expected to create employment opportunities of about 400 jobs. Hikal Ltd and the Government of Gujarat have entered into a Memorandum of Understanding (MoU) as part of…

Adani port’s cargo volumes jump 42% YoY in Dec 2023

Portfolio ports deliver 300 MMT cargo milestone in a record 266 days. In December 2023, Adani Ports and Special Economic Zone Ltd (APSEZ) handled 35.65 MMT of cargo volumes, resulting…

Standard Chartered Bangladesh contributes BDT 29 Mn to uplift 800 apiculture entrepreneurs

The project will focus on enhancing the marketability of honey products by providing access to certification and forward market linkages Standard Chartered Bangladesh and BASA Foundation are collaborating to foster…

TDK Ventures and British International Investment invests in agri-tech innovator Fasal

The company aims to expand and diversify its B2B brand, Fasal Fresh, procuring sustainably grown, fully traceable, and high-quality produce from its extensive network of growers covering 75,000+ acres of Farmland…

NABARD and ADB collaborate for climate resilience in Indian agriculture natural resources

Under this initiative, a Technical Support Unit (TSU) has been set up in NABARD with the partnership of Bill and Melinda Gates Foundation (BMGF). National Bank for Agriculture and Rural…

NewLeaf Symbiotics closes $45M series D round, continues growth trajectory

NewLeaf will accelerate its efforts with PPFM technology and adjacent technologies in the areas of biostimulants/microbial inoculants, biocontrol, nitrogen use efficiency and methane mitigation NewLeaf Symbiotics, a global leader and…

Insurance platform Finhaat raises $3M from Omnivore to drive financial resilience

The startup is building a B2B insurance distribution and servicing platform for institutions working with the underserved, including NBFCs, MFIs, BC networks, Nidhi companies, cooperatives, NGOs, and FPOs. Finhaat, an…

Sonalika Tractors achieves Market Share of 16.3 % in November’23

This marked a substantial growth of 23 per cent compared to the same period in the previous year, where 10,464 tractors were sold. India’s leading tractor manufacturer, Sonalika Tractors has…

TRI, Intellecap and Rabobank launches Carbon Credit Finance Project in Jharkhand

This project ensures the continued care of trees beyond the support period of the BHGY project by aiding smallholder farmers in securing additional financial support from carbon markets. Transform Rural…

Vegrow secures $46 Mn in Series C funding, led by GIC and Prosus Ventures

The funds will be utilised to drive Vegrow’s reach across India and fortify its global network. Vegrow, a B2B fruit marketplace, has raised $46 million in primary and secondary funding.…

Rivulis amends US$250 Mn financing package into its first Sustainability Linked Loan

The SLL reflects the company’s ongoing commitment to sustainability and responsible business practices and includes key annual sustainability performance targets. Singapore based Rivulis Pte. Ltd. announced that it has amended…

Kotak Strategic Situations India Fund invests Rs 375 Cr in agro chemical company Cropnosys

Cropnosys plans to use the capital for scaling up its manufacturing capabilities and bolstering its products suite. Kotak Strategic Situations lndia Fund ll (“KSSF I1”), managed by Kotak Alternate Asset…

Unnati Agri demonstrates 2x growth in October 2023 from previous fiscal year

The total transactional value conducted on Unnati’s platform is on a trajectory to surpass Rs 700 crores this year, marking a 70 per cent growth from the previous fiscal year.…

India to provide $250 Mn to Kenya for modernisation of agriculture

During a joint press conference with Kenyan President William Ruto, Prime Minister Modi announced Narendra Modi, Prime Minister said India and Kenya will continue to explore new opportunities to realise…

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