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Finance

Mahindra’s FES records sell of 42,034 tractors in India during September 2023

Total tractor sales (Domestic + Exports) during September 2023 were at 43,210 units, as against 48,713 units for the same period last year. Mahindra & Mahindra Ltd.’s Farm Equipment Sector…

DCM Shriram obtains Rs 200 Cr sustainability linked loan from HSBC India

The funds obtained through this strategic financial move will be utilised to support the company’s ongoing capital expenditure initiatives in Bharuch, Gujarat. DCM Shriram, a company engaged in sugar, fertiliser…

BioLumic secures funding from Bill & Melinda Gates Foundation for sustainable global rice production

The program is focused on the Indo Gangetic region of India, which grows rice for over a half a billion people. BioLumic™, an agricultural biotech startup, announced grant funding from…

ADB to help improve agricultural productivity in Bangladesh

It will significantly increase agricultural productivity and profitability through effective, participatory, and sustainable water resources management over more than 220,000 hectares in 42 districts The Asian Development Bank (ADB) has…

Indigo Ag raises $250 Mn to drive innovation in its sustainable agriculture programs

The capital will be invested in profitably scaling Indigo’s unique science and technology to boost farm revenues and de-carbonize the planet. Boston based Indigo Ag, the premier sustainability partner of…

Ministry of Agriculture unveils game-changing initiatives for farmers

Nirmala Sitharaman, Union Finance Minister & Narendra Singh Tomar, Union Agriculture Minister and jointly unveiled KCC Ghar Ghar Abhiyaan, Kisan Rin Portal and WINDS manual. In a landmark event, Union…

Seeds Fincap secures $6 Mn in series A funding from Lok Capital

This investment from Lok Capital aligns with the company’s vision to reach more underserved areas and offer financial inclusion opportunities to a broader audience Seeds Fincap Pvt. Ltd., an MSME-focused…

IRRI receives 2 Mn USD grant from Google to apply AI for climate resilient rice development

Researchers of International Rice Genebank (IRG) aim to apply a combination of AI and high-throughput phenotyping methodologies to assess the IRG rice collection’s tolerance to abiotic stresses. The International Rice…

Agritech Leads Connect raises Rs 500 Cr from FMCG Company BL Agro

Company plans to utilise the funds for expanding its Agrani platform & Khet Se Kitchen Tak Initiative. Noida based full-stack agri-tech firm Leads Connect announced that it has raised Rs…

Zetta Farms celebrates crossing 100 Cr AUM mark till August 2023

Company has also achieved an impressive revenue of 50+ crores from FY 2020 to FY 2023. Zetta Farms, a technology-driven and process-oriented farm project specializing in sustainable farming, proudly announces…

Samunnati and Singapore based fintech finbots.ai to transform credit risk management using AI

With this deal, finbots.ai’s fast growing client base stretches to 10 countries across APAC and MEA markets while Samunnati strengthens its credit-risk management using world-class AI-enabled platform. Chennai based Samunnati,…

Biomaterials startup altM raises $3.5M Seed round from Omnivore’s new fund

The startup uses lignocellulosic agricultural residues as their raw material to produce advanced materials as alternatives to unsustainable incumbents. Biomaterials startup altM announced that it has raised a USD 3.5…

Methane fighting start-up CH4 raises $29Mn in series B funding

CH4 Global will meet the growing global demand for enteric methane mitigation solutions in animal agriculture CH4 Global, Inc., a climate tech company on the path to radically reducing GHG…

Omnivore exits Barrix Agro Sciences to Sumitomo Chemical

This is Omnivore’s third exit in just over one year. In August 2022, Omnivore exited Eruvaka to Netherlands-based Nutreco, and earlier this year, Omnivore exited MITRA to Mahindra. Agritech venture…

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