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Finance

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,…

Safex Chemicals to invest Rs 100 Cr in new agri-tech arm in next 3 years

The company plans to launch an interactive technology platform to integrate the entire value chain in the agri-economy Agrochemicals maker Safex Chemicals Ltd has announced its plans to invest Rs…

Mahindra sells 21,640 tractors in domestic market during December 2022

 Company registered sales growth of 30 per cent over December 2021 Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, announced its tractor sales numbers for…

Odisha government approves Rs 367.19 crore for Empowerment of Women in Agriculture

The state Cabinet has approved the provision of Rs1142.24 crore for the Development of potatoes, vegetables and Spices. The Odisha Cabinet approved a provision of Rs 367.19 crore for five years from…

St. Louis region to become a global hub for innovation in indoor agriculture

WWF report details how stakeholders are putting research into action and ramping up environment-friendly indoor farming. The St. Louis region is positioned to become the global centre for innovation in…

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