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Finance

Food Corporation of India sells 9.2 LMT wheat in two days of e- auction

1150 bidders participated in the e auction In order to address the rising price of wheat and Atta in the country, as per the recommendation made by the Committee of…

Union Budget 2023: Govt announces Agriculture Accelerator Fund to encourage start ups

The fund is aimed at building innovative and effective agritech solutions for farmers to improve access to market linkages and yields. Finance Minister Nirmala Sitharaman today announced in her Union…

BAL records consolidated revenue of Rs 327.8 Cr in Q3 FY23

Q3 PAT at Rs 30.61 up 101 percent from Rs 15.23 crore last year. Best Agrolife Ltd. the leading agrochemical company in India, declared financial results for Q3FY23 in its Board of…

Snowman Logistics reports revenue of Rs 109.39 Cr in Q3 FY22-23

Profit After Tax (PAT) increased to Rs 3.74 Crores in Q3 FY22-23 from Rs 0.83 Crore in the corresponding quarter of the previous year. Snowman Logistics records 49 per cent…

ICAR-IIWBR’s Online Seed Portal generates Rs 1.20 Cr from seed sale during October 2022

20054 farmers from 11 states register for ICAR-IIWBR online Seed Portal during 2022-23 During 2020 under Covid 19, a global pandemic situation, an online Seed Portal (iiwbrseed.in) was developed by…

 Ecozen secures $25 Mn, led by Nuveen and Dare Ventures

Ecozen will leverage Nuveen’s experience in scaling impact-oriented businesses to augment its commercial offering. Ecozen has raised $25 million of combined equity and debt capital.  The Series C equity portion…

ADB, NSFTPL signs $131 Mn loan to upgrade the Jawaharlal Nehru Port Container Terminal

Funds will be used to expand the terminal’s container handling capacity and attract vessels operating on important international shipping lanes. The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal…

Agri- Infra fund crosses Rs 30,000 Cr mark of capital mobilization for agriculture projects

Under AIF Rs 1 lakh crore is to be disbursed by financial year 2025-26 and the interest subvention and credit guarantee assistance will be given till the year 2032-33. Within…

D2C dairy startup Sid’s Farm raises $1 M funding

The company shall use this fund for new product development, infrastructure upgrades, deeper retail penetration, and digital transformation Direct-to-consumer (D2C) dairy brand, Sid’s Farm has raised $1 million in a…

Rallis India reports total income Rs 632.47 Cr in Q3 FY2023

Company has posted net profit of Rs. 22.55 crores for the quarter ended December 31,2022 as against net profit of Rs. 71.05 crores for the quarter ended September 30, 2022.…

MeraTractor secures Rs 5 Cr in Pre-Series A Funding

Newly raised funds to be utilised as growth capital in increasing dealership business presence and enhancing technology to organise supply channels.  MeraTractor, a Pune-based start-up and a ‘Phygital’ marketplace catering…

Cropin to expand Cropin Cloud in global agri sector post Rs 113 Cr funding round

Cropin AI Labs is to bring predictive intelligence to every acre of the world’s cultivable land Cropin, the global agritech pioneer that has built the world’s first industry cloud for…

Omnivore invests in Pune-based animal nutrition startup eFeed

Using this funding, eFeed will strengthen its R&D operations, expand its farmer network, and focus on talent acquisition. Omnivore announced today that it has invested in eFeed, an animal nutrition…

FCV Tobacco farmers to receive Rs 10k interest-free loan in wake of Cyclone Mandous

This will help FCV Tobacco farmers overcome the damage caused by Mandous Cyclonic rains in Andhra Pradesh Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution,…

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