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Finance

Hectar Global secures $2.1 Mn in seed funding to drive innovation in cross border agri trade

 Singapore based Powerhouse Ventures led the round with participation from WEH Ventures, All In Capital, Indian Silicon Valley and angel investors Anant Sarda and Adhish Ladha.  Hectar Global, a Chennai…

ADAMA provides performance estimation for the First Half Year of 2023

Expecting to report a decline in sales that reflect market dynamics of channel destocking. Israel based ADAMA Ltd., has provided an estimate regarding its financial performance for the first half…

Wild Oasis Bison launches crowdfunding campaign to expand sustainable operations

The crowdfunding campaign aims to raise funds to invest in infrastructure upgrades, pasture development, and equipment that will enhance the overall quality and efficiency of their sustainable ranching practices Wild…

Rallis India reports revenue of Rs 782 Cr in Q1 FY24

Company records Profit after tax (after exceptional items) of Rs 63 Crores in Q1 FY24 as compared to Rs 67 Crore of previous year. Rallis India Limited, a TATA Enterprise…

Manoj Ahuja launches new campaign for banks under Agri Infra Fund 

This Scheme has resulted in the creation of more than 31, 850 agri infra projects in the country with ₹24750 crores as loan amount under AIF with an outlay of…

FMC Corporation updates expectations for second quarter and full-year 2023 outlook

Significant cost mitigation actions were initiated, reducing previously expected operating expenses in the second half by $60 to $70 million. FMC Corporation provided an update for its expectations on the second quarter and…

“Capital infusion from both the government and private investors will definitely boost the horticulture sector”

Vilas Shinde, Chairman and Managing Director of Sahyadri Farms Post Harvest Care Limited Founded in 2010, Sahyadri Farms Post Harvest Care Limited, based in Nashik, has emerged as the largest…

Bangalore-based biotech startup UltraNutri raises its first round of funding

The company plans to deploy the funds on innovation, R&D and new collaborations. UltraNutri, a Bengaluru-based biotech startup at the forefront of revolutionizing insect farming in India, has announced today…

CCEA approves Rs 1451.84 Cr for MDA to promote Organic Fertilizers from Gobardhan Plants

This initiative will facilitate implementation of establishing 500 new waste to wealth plants under GOBARdhan scheme for promoting circular economy, by increasing the viability of these BG/CBG plants. The Cabinet…

Nagaland Rubber Board flags off NE-MITRA project

NE-MITRA is a five-year project started in 2021 proposed to cover an estimated area of 20,000 ha during the plan period Rubber Board Regional Office in Nagaland flagged off NE-MITRA…

Mahindra’s Farm Equipment Sector sells 43,364 units in India during June 2023

Total tractor sales (Domestic + Exports) during June 2023 were at 44,478 units, as against 41,848 units for the same period last year.  Mahindra & Mahindra Ltd.’s Farm Equipment Sector…

DCM Shriram Foundation & Nudge Institute unveils Rs 2.6 Cr prize Agri water challenge

The challenge invites disruptive technology-driven agricultural startups and social entrepreneurs to innovate and provide tangible solutions to this intricate problem specifically focused on scalability for smallholder farmers. DCM Shriram Foundation…

Bayer grants $240,000 to University of Sydney to explore the potential of native grains

Research aims to produce plant seeds by selection from wild populations with characteristics suitable for commercial native grain production and food markets. Native grasses hold excellent nutritional value such as…

Yara Growth Ventures invests in Omnivore’s Third Fund

Investment will help Yara Growth ventures to identify potential disruptors in industry for collaboration and joint experimentation. Yara Growth Ventures has invested in the Omnivore Agritech & Climate Sustainability Fund,…

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