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Finance

Ecozen raises first tranche of Series C funding led by Dare Ventures

The new funding will be used for expanding our product range, manufacturing capacity and boosting exports. Climate-smart deeptech startup Ecozen announced that it has raised Rs 54 crore of additional…

WRMS secures 2.1 Mn Euros from InsuResilience Solutions Fund

 WRMS will use the fresh capital to develop and implement the yield guarantee solution to improve the resilience of 100,000 smallholder farmers in India against climate risks.  InsuResilience Solutions Fund…

Agri Commodity Warehousing and Finance – Risks & its Mitigants

Agriculture commodities business is a high volume and low margin business and is often accompanied by moderate to high level of risk. The economic returns of warehousing activity are highly…

Bayer CropScience post revenue Rs 9,633 Mn in Q4 FY21-22

Profit Before Exceptional Items & Tax for the quarter stood at Rs 1,895 million, compared to Rs 735 million in the corresponding quarter of the previous year. Bayer CropScience Limited…

Bayer Trendlines Ag Innovation Fund co-invests with Trendlines Group in TierraSpec

TierraSpec will revolutionise the measurement and validation of carbon sequestration in agricultural soils The Bayer Trendlines Ag Innovation Fund, set up by Bayer CropScience LP (Bayer) and The Trendlines Group…

NABARD to help producers’ association to seek GI tag for Bihar’s ‘Khurma’ ‘Tilkut’ ‘Balu Shahi’

Kumar said applications for the same will soon be filed by the producers with the GI Registry for these products The National Bank for Agriculture and Rural Development (NABARD) has…

Zuari Agro Chemicals posts consolidated PAT Rs 130.45 Cr in FY22

 The company has reported net profit of Rs. 5.69 crores for the period ended March 31, 2022. Zuari Agro Chemicals has posted net profit of Rs.130.45 Crores for the Financial…

Dvara E-Dairy raises $2 m Pre-Series fund

The fund will be utilised to expand into newer geographies, scale up operations and invest in technology Agri-fintech firm Dvara E-Dairy Solutions has raised pre-Series A funding of $2 million…

Mahindra posts sell of 34153 tractor units in India during May 2022

Domestic sales in May 2022 were at 34153 units, as against 22843 units during May 2021, registering a growth of 50 per cent. Mahindra & Mahindra Ltd.’s Farm Equipment Sector…

Valio to give financial incentive to dairy farmers

The goal of the incentive is to increase cattle grazing, biodiversity and climate actions Valio is updating its sustainability bonus programme for dairy farms on 1.5.2023. Going forward, farms can…

Fruit & vegetable processing equipment market revenue to reach $10.2 B by 2030

The demand for pre-processing equipment holds the largest market share, and it is expected to grow at a CAGR of around 7.0 per cent in the coming years According to…

Agritech Startup Nutrifresh raises USD $5 Mn in Pre-Series seed funding

The funding will be used to scale up farm operations, implement complete traceability and transparency of produce, marketing and creation of an integrated Farm-tech platform. Mumbai based Nutrifresh, an agri-tech…

CSIR-NIScPR and CSIR-IIP organise farmer-industry-scientist meet

Discussions were held on the upliftment of the farming industry Recently CSIR-NIScPR has undertaken a major initiative for the dissemination of CSIR technologies for creating livelihood opportunities in rural areas…

Praj Industries post consolidated PAT Rs. 57.65 Cr in Q4 FY22

Company reported FY 22 revenue at Rs.2, 333 crore; PAT at Rs 150.25 Crore Pune based Praj Industries (Praj), a globally leading process engineering company with a bouquet of sustainable…

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