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Finance

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…

CropIn with Mucheki Consulting to digitise Africa’s agri ecosystem

Agri stakeholders will get valuable real-time insights ensuring better decision making that will bring about consistency, dependability, sustainability, better crop yield CropIn, a leading AI and data-led organisation in line…

Bayer’s agri sales rises by 25.8 per cent to 3.850 Bn euros

The growth was particularly strong at Corn Seed & Traits, driven by gains in North America The Bayer Group registered a significant increase in sales and earnings in the third…

Farmmi to acquire minority ownership of Jiaoda Onlly for $79.8 M

Accelerates Farmmi’s diversification into the medical and health industry Farmmi has announced that the company has agreed to purchase approximately 16 per cent of Shanghai Jiaoda Onlly, a Shanghai Stock…

ITC posts gross revenue of Rs 13,356.15 Cr in Sept quarter

The company posted robust growth in external businesses led by wheat, rice, leaf tobacco, aqua and spices exports ITC has posted the standalone financial results for the quarter ended September…

FMC Corporation posts $1.19 Bn revenue in Q3

The adjusted EBITDA was $293 million FMC Corporation has reported third-quarter 2021 revenue of $1.19 billion, an increase of 10 per cent versus third quarter 2020. Revenue increased 9 per…

Best Agrolife’s promoters acquire 3,21,000 equity shares

The promoter’s share capital in the company has now gone up by 1.36 per cent Best Agrolife’s promoters have recently acquired 3,21,000 equity shares in the company. The promoter’s share…

UPL registers Rs 633 Cr net profit in Q2FY22

EBITDA increased to Rs 2,045 crore as against Rs 1,808 crore UPL has posted the financial results for the second quarter FY 22 (July-Sept 2021). The revenues increased 18 per…

Coromandel Intl posts PAT of Rs 519 Cr in Sept quarter

Registers a decline in EBITDA of Rs 740 crore in the same quarter Agri solutions provider Coromandel International has reported the financial results for the quarter ended September 30, 2021.…

Amit Shah launches ’Dairy Sahakar’ scheme

The Dairy Sahakar with a total investment of Rs 5000 crore will be implemented by NCDC under Ministry of Cooperation, Government of India Amit Shah, Union Minister of Home Affairs…

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