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Finance

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…

Bengaluru-based Fasal raises $4 M in Pre-Series A round

The funds will be used to expand business across India and Southeast Asia, strengthen full-stack services, and ramp up hiring for their sales and marketing, agronomy Bengaluru-based precision agriculture platform…

USDA’s NIFA invests $11 M to combat citrus greening disease

HLB, a common citrus greening disease is the most severe threat to global citrus production The US Department of Agriculture’s (USDA) National Institute of Food and Agriculture (NIFA) announced an…

BASF India registers Rs 34,054.9 M sales in Q2FY22

The company reported Profit before tax (before exceptional items) of Rs 1,831.9 million BASF India registered sales of Rs 34,054.9 million for the second quarter, which ended on September 30,…

AIC introduces parametric insurance to protect farmers against weather vagaries

The company has engaged in states like Bihar, Madhya Pradesh, Maharashtra and Rajasthan   Agriculture Insurance Company of India (AIC), a nationalised insurance company, has introduced ‘Parametric Insurance’ to protect…

Imagindairy closes $13M seed round to advance animal-free dairy

Imagindairy is currently collaborating with leading dairy companies, offering a complete range of dairy-free proteins FoodTech company Imagindairy has announced the completion of a $13 million seed round. The funding…

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