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Finance

AgriBazaar, Yes Bank, RuPay jointly launches Kisan Safalta Card to empower Indian farmers

It can be used in precision farming, providing financial services and getting the farmer’s overall land records scorecard India’s first private sector electronic agri mandi Agribazaar launched India’s first farmer…

UPL’s post-harvest business, DECCO acquires TeleSense

Through this acquisition UPL plans to advance its mission to reduce food waste and support food supply chain sustainability. UPL Ltd. a global provider of sustainable agricultural solutions, announced that…

Dare Ventures, VC arm of Coromandel invests in drone start up Dhaksha

The company plans to use this funding for talent acquisition, R&D and production scale up. Dare Ventures, the venture capital arm of Coromandel International Limited has announced its third investment…

Sahyadri Farms bags Rs 310 Cr from European investors

 Company plans to expand its processing capacity for fruits and vegetables-based products, set up a biomass plant to generate electricity from process waste. First Farmer-led Company in India, Sahyadri Farms…

Mahindra & Mahindra’s domestic tractor sales hits 20,138 mark in August 2022

The company’s domestic sales in August 2022 were at 20,138 units, as against 19,997 units during August 2021. The total tractor sales including domestic and exports during August 2022 were…

BRI, PT Syngenta Indonesia collaborate to provide financial services for farmers

PT Bank Rakyat Indonesia (Persero) Tbk has collaborated with PT Syngenta Indonesia to provide financial services for farmers through the CENTRIGO™ Farming Ecosystem.  The end-to-end ecosystem, aimed to support farmers’…

Indian agri and processed foods exports climbs 30% in Apr-July 2022

According to the provisional data released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), the overall export of agricultural and processed food products increased to USD 9598 million…

Agri fintech startup Ayekart secures $5.5 Mn in debt and equity

 The funds will be utilised to provide financial and technological assistance to elevate traditional agri businesses Agri-fintech startup Ayekart announced that the company has secured $5.5 million in equity and…

Telangana, IISc Bengaluru to create India’s first Agricultural Data Exchange

The Government of Telangana and the Indian Institute of Science (IISc), Bengaluru, have announced the signing of an agreement to jointly create India’s first Agricultural Data Exchange (ADEx). ADEx will…

Boosting coconut farming will enhance farmer’s income and economy:Tomar

Narendra Singh Tomar, Union Minister for Agriculture and Farmers Welfare, recently inaugurated the sixth State Centre of Coconut Development Board at Junagadh in Gujarat. Tomar also inaugurated the 24th World Coconut…

B2B food processing platform Suite42 raises $4.3Mn from Omnivore and Orios

Company plans to develop the “Suite42 Standard” in the food processing ecosystem and pilot cross border trade exports Suite42, a B2B food processing platform, announced today that it has raised…

Central African nation Burundi gets eleven new and improved rice varieties

Recently, the Institut des Sciences Agronomiques du Burundi (ISABU) released eleven new and improved rice varieties that are resilient to climate change, disease-tolerant, high yielding with great nutritional value, and…

Insect biotech startup Loopworm raises $3.4 Mn funding seed round

Loopworm plans to use the Seed funding for talent acquisition, R&D (including building world-class laboratories), and to launch their first factory for scaling up production. India’s leading insect biotech startup,…

Vive Crop Protection secures USD $26 Mn in Series C investment round

Company plans to accelerate the commercial deployment of its next-generation product portfolio into new North American markets. Toranto based Vive Crop Protection announced the close of its USD $26 million…

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