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Finance

BioPrime Agrisolutions raises Rs 9 Cr from Inflexor Ventures in Pre-Series A round

The company aims to utilise the funds for their SNIPR Biologicals registrations and advancing the discovery platform Tech-focused VC fund, Inflexor Ventures, is leading the Pre-Series A round of Rs…

Bayer divests Environmental Science Professional business to Cinven

The divested business is set to operate as an independent company called Envu Bayer has completed the sale of its Environmental Science Professional business to the international private equity firm…

nurture.farm partners with HDFC ERGO to bring 2.3 million farmers under insurance blanket

Considering low penetration of crop insurance, expansion of weather insurance products is imperative Bengaluru-based nurture.farm, India’s leading AgTech start-up, has partnered with HDFC ERGO General Insurance Company, a leading general…

Deep Rooted raises $12.5 Mn in series A round from IvyCap & Accel

The startup plans to expand its operations to cover major cities in South India over the next 12 months. Deep Rooted, India’s leading farm-to-consumer (F2C) brand for fruits and vegetables,…

Gates Foundation announces $100 Mn to reform agriculture in Africa, South Asia

$100 million will be used to reform agriculture and help alleviate the food crisis disproportionately impacting communities in Africa and South Asia. During United Nations General Assembly week, the Bill…

UPL acquires 26% stake in renewable energy company Clean Max Kratos

This project will enable UPL to increase its renewable energy usage to 30 per cent of its total global power consumption from the current level of 8 per cent. Agro-chemical…

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…

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