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Finance

SLCM signs agreement with TNMY for pledge financing of foodgrains

This association will connect traders and processors with six leading private and public sector banks of India through SLCM Group. Sohan Lal Commodity Management (SLCM), India’s leading holistic service provider…

India to generate $813B in revenue from agri, food sector by 2030: Aspire report

The report has been authored by the leading agri-tech experts, industry leaders, academics and thinkers. Aspire Circle, in its fifth series of reports to generate 100 impact ideas for India’s…

AgFunder, Omnivore announces India AgriFood Startup Report 2021

Indian agri-food start-ups saw a year-on-year jump in total funding of almost 100 per cent, securing a total of $2.1 billion. Mumbai based Omnivore, an agritech venture capital firm has…

Omnivore launches OmniX Bio to support agrifood life sciences startups

OmniX Bio will provide venture funding, mentorship from global agrifood life sciences leaders, institutional partnerships and business development support to access domestic and export sales channels   Omnivore announced today…

Meiogenix closes $13 M Series A financing round

Meiogenix has developed an innovative approach to common problems in agriculture Meiogenix, an agriculture biotech company using the process of chromosome editing to expand genetic diversity in food and agriculture,…

NABARD projects Rs 18755 Cr credit potential in agri sector for Assam in FY22

Expert’s views were taken into account for meeting the gap in augmenting productivity by way of agri- reforms, transformation, post-harvest management, collectivisation of agricultural produce, value addition and organising farmers…

AgroStar raises $70 M in Series D funding

The fund will be used to strengthen tech platform, hire senior talent, expand into new categories, geographies and scale to over 5,000 AgroStar branded retail stores AgroStar has raised $70…

Sonalika Tractors sells 11,909 units in Nov 2021

The company has clocked YTD tractor exports 22,268 tractors and surpassed entire FY’21 sales in just eight months Sonalika Tractors has continued to stay ahead of industry performance to register…

APEDA, NABARD to synergise the activities in the interest of agriculture

It aims to synergise the activities of allied sectors for bringing better value to the stakeholders. APEDA has been focusing on a collaborative approach to bring synergy with a number…

Startup Samhitha raises $1.5 M in seed fund

The company plans to leverage these funds to accelerate advisor onboarding and team expansion India Samhitha Crop Care Clinics, an agri tech start-up offering precision farming advisory, has raised $1.5…

AAF partners with MANRRS to promote career choice in agriculture

Funded by the AAF, the project will provide scholarship opportunities for tailored internship roles and support for hiring talent from underrepresented groups The AGCO Agriculture Foundation (AAF), a private foundation…

Grameen Foundation India launches initiative to strengthen FPOs in UP

Unveils ‘Catalyst Award,’ a financial assistance programme for select FPOs to support their long-term institutional strengthening and growth Grameen Foundation India (GFI) recently launched a special initiative ‘Catalyst Award’ under its MANDI…

China-based Pinduoduo posts $13,337 M revenue in Q3 of 2021

Registers an operating profit of $332.0 million in the same quarter China-based agriculture and interactive commerce platform Pinduoduo has announced its unaudited financial results for the third quarter ended September…

PI Industries posts net profit of Rs 229.6 Cr in Q2FY22

The company has reported a total income of Rs 1381.9 crores AgriScience company PI Industries has posted a net profit / (loss) of Rs 229.6 crores for the period ended…

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