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Finance

Sonalika Tractors registers 78,793 tractor sales in domestic market in H1 FY’24

With the dominant performance, the company has also attained staggering 15.8 per cent market share in September 2023. India’s leading farm mechanisation manufacturer, Sonalika Tractors has registered a record 78,793…

SBI Foundation and Villgro to provide financial support of Rs 3.25 Cr to agri startups

Both the companies will launch ‘Innovators For Bharat: Climate Resilient Agricultural Livelihoods’ program for startups. SBI Foundation, through its SBIF LEAP (Livelihood and Entrepreneurship Accelerator Program), has introduced the ‘Innovators…

ADB, Bank Respublika to support women-owned agriculture MSMEs in Azerbaijan

The financing supports domestic food production, reduces import dependency, and addresses food security challenges arising from economic, climate, and regional political uncertainties The Asian Development Bank (ADB) and Bank Respublika…

WCopEF set up to give voice to millions of cooperatives around the world

The cooperative sector employs more than a 100 million strong workforce Leading cooperative sector experts have come together to form the World Cooperative Economic Forum (WCopEF) to give voice to…

Omnivore expands team with multiple strategic hires

 Company welcomes new experts to spearhead agrifood advancements; Abhilash Sethi promoted to Investment Director. Omnivore, India’s leading agritech venture capital firm, announced four strategic hires to lead key functions and…

SLCM empowers 65,000+ farmers and 23,000+ women borrowers through its NBFC arm, Kissandhan 

Kissandhan is revolutionising the way farmers, aggregators, traders, and Farmer Producer Organisations (FPOs) access financing. In a major achievement, SLCM has made a profound impact on the lives of over…

Uterra to invest $20 Mn in Ras Al Khaimah’s first organic fertiliser project in UAE

Aims to revolutionise agriculture, address environmental challenges and promote sustainability. Uterra Middle East Agro Industries is investing USD 20 million in the next three years for the construction and development…

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…

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