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Finance

DGV raises $3.1 M Pre-Series A from Info Edge Ventures, Omnivore

The move is likely to revolutionise the dairy Neo Banking space Digivriddhi Technologies (DGV), a dairy industry-focussed Neo-Banking startup, has raised a $3.1 million Pre-Series-A round from Info Edge Ventures…

Singapore’s Esco Biosciences invests in Chinese Agrifood Tech VC

Bits x Bites focuses on pre-A to Series B companies to boost the startup ecosystem Bits x Bites, China’s first agrifood tech venture capital fund (VC), has completed the final…

IIL registers net profit of Rs 41.87 Cr in Q2FY22

Posts total income of Rs 443.62 crores in the same quarter Insecticides (India) Limited (IIL) has posted a net profit of Rs 41.87 crores for the period ended September 30,…

How AI & IoT offer a fresh spin to agri-financing

Agriculture is a crucial part of the Indian economy. The world’s population is rapidly growing and so is the demand for food. At the same time traditional farming methods are…

Agri startups unleash ’Mission Credit’ for farmers

As mobile and internet penetration increases further in rural areas, the adoption of newer technologies will rise, making it easier to adopt agri-tech solutions. Agri-tech startups are offering solutions that…

Agro finance sprouts new roots

Despite being a very productive sector, capital flow into the agri sector has been a sticky wicket. Outdated warehousing and distribution systems, lack of financing options and minimal presence of…

Why formal financing must make inroads in agriculture

India’s agriculture sector, inarguably, can be termed as the main driving force of the Indian economy. Apart from churning the financial wheels of the country, this sector plays a vital…

RCF posts net profit of Rs 117.92 Cr in Q2FY22

Registers total income of Rs 2648.10 crore in Sept quarter Rashtriya Chemicals and Fertilizers (RCF) has reported a net profit of Rs 117.92 crore for the quarter ended September 30,…

Godrej Agrovet registers PBT of Rs 2,159.7 Cr in Q2FY22

The animal feed business resulted a growth of 21 per cent Godrej Agrovet has reported its financial performance for the second quarter and half year ended September 30, 2021, of…

Spocto’s Kisan Pay BOT transforms self-pay for 2.5M farmers

Reduces farm loan NPAs and eases collections with digitisation Spocto Solutions has ventured into the agricultural sector with its Kisan Pay BOT, a one-stop solution for the banks and farmers.…

Best Agrolife to acquire formulation unit in J&K for Rs 10.22 Cr

The acquisition will be beneficial for the company in many ways and it will increase the company’s revenue by Rs 150 crore approximately Best Agrolife Ltd (BAL), a leading player…

APAC region to dominate global agriculture drones market: Report

The global market is expected to garner $6,244.5 million by 2028 A new report on the global agriculture drones market by Research Dive states that the market is expected to…

Unnati Agri raises Rs 60 Cr in Series A funding

The platform will utilise the latest capital infusion to strengthen its tech offerings for farmers and uStore partners and increase its uStore network Unnati Agri, a fintech-driven agriculture service platform,…

Arya.ag introduces BNPL service for commodity purchase

Commodity buyers can now avail BNPL service with 0 per cent interest rate for 14 days with credit limit up to Rs 25 lakhs Arya.ag, India’s largest integrated agri service…

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