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Finance

Wingsure, AICIL to provide digital management services to farmers using AI

The partnership will have access to more than 40 million farmers in India and focus on transforming how farmers mitigate and adapt to climate change and other livelihood related risks Agriculture Insurance…

Phospholutions, Inc. secures additional funding from global Ag companies

The recent funding includes investment from Ospraie Ag Sciences (OAS), Bunge Ventures, the for-profit, global investment arm of Bunge and UPL Ltd. Phospholutions Inc., a leader in sustainable fertilizer technology,…

Centre approves Rs100 Cr mangoes mega cluster in Lucknow

The mangoes in this cluster will be known as ‘Kakori brand’ During the inauguration of ‘Uttar Pradesh Mango Mahotsav-2022’, Uttar Pradesh Chief Minister Yogi Adityanath announced that the Centre has…

Samunnati enters into co-lending partnership with SBI for financing FPOs

This partnership will enable Samunnati to scale its outreach to FPOs with customised financial solutions at affordable interest rates, leveraging the vast resources available with SBI Samunnati, India’s Open Agri…

SK networks’ Hico Capital invests in a US tractor automation solution provider

Total funding amount is $17 million which will be used to fund commercialisation and continued development the technology Hico Capital, a subsidiary of SK networks based in US, has invested in a…

Cabinet approves computerisation of PACS

The initiative will serve the purpose of financial inclusion and strengthening service delivery to farmers The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved…

57 Stars invests in agri-tech platform WayCool

The investment is the first transaction for 57 Stars Direct Impact Fund and the second investment for 57 Stars Global Innovation Fund 2 57 Stars LLC, an independent global alternative…

CNH Industrial Capital India commences Financial Literacy Program for farmers

Company experts will train 600 farmers on topics such as Financial Literacy, Farm Mechanization, Biomass Management and State Agricultural Subsidies CNH Industrial Capital, the financial services division of CNH Industrial…

Arya.ag crosses Rs 500 Cr milestone on its fintech platform, Aryadhan

Arya.ag records over 3X growth on its digital agri-lending book in the last 6 months Arya.ag, India’s largest and fastest-growing integrated grain commerce platform, today announced crossing the distinct milestone…

Evonik spends venture capital on sustainability funds

Company invests in new technologies to reduce emissions Evonik Venture Capital has invested in two sustainability funds: Azolla Ventures I and the Chrysalix Venture Capital’s Carbon Neutrality Fund. Both companies…

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…

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