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Finance

Unnati, FPOs to empower farmers with tech-led business solutions

The platform intends to work and support 3,000+ FPOs impacting over 15-lakh farmers Unnati, a fintech-driven agriculture ecosystem, has joined hands with Farmer Producer Organizations (FPOs) to empower farmers with…

Krishify raises $2.7 M in pre-series A funding

The platform will use the funds to continue expanding its user base India’s farmer-centric networking platform, Krishify, has raised $2.7 million in a pre-series A funding round led by Omidyar…

Best Agrolife registers PAT of Rs 25.78 Cr in Q1 FY22

Posts a revenue of Rs 344.56 crore in the same quarter Best Agrolife, an India-based agrochemical company, has announced its financial results for the quarter ending on June 30, 2021.…

Praj Industries posts revenue of Rs 386.26 crore in Q1 FY22

Company reports PAT at Rs. 22.20 crore with highest ever Order Backlog of Rs. 2,023 crore     Pune based Praj Industries (Praj), a globally leading process engineering company with…

Arya partners with SBM to fortify its presence in commodity financing  

Partnerships aims at deeper penetration of its integrated services in the mid-market segment, comprising mid-corporates and higher-end SMEs.     Arya, India’s largest post-harvest Agritech player forays into a strategic partnership…

Cargill, Continental Grain, Sanderson Farms in tie-up for new poultry biz

The new company will have state-of-the-art operations and will continue to invest in its workforce and employee safety Cargill, Continental Grain Company and Sanderson Farms announced that they have reached…

Centre approves Rs 600 Cr financial support for 2G ethanol bio-refineries  

Bathinda (Punjab) of HPCL, Panipat (Haryana) of IOCL, Bargarh (Odisha) of BPCL and Numaligarh (Assam) of NRL will be provided Rs 150 crore each under the Pradhan Mantri JI-VAN Yojana.…

PM releases 9th instalment of PM-KISAN

The PM talked of the sowing season and expressed the hope that the amount received will help the farmers The Prime Minister (PM), Narendra Modi released the next instalment of…

BASF India registers Rs 2,484.4 M in profit in Q1 FY 2021-22

Registered sales of Rs 30,129.2 million BASF India has registered sales of Rs 30,129.2 million for the first quarter ended June 30, 2021, as compared to Rs 17,864.9 million in…

Corteva announces $1.5B share repurchase prog

The authorised programme is in addition to $1 billion programme announced in 2019, which the company expects to complete by the end of 2021 Corteva has announced that its Board…

Bayer Crop Science posts 10.6% rise in sales in Q2 FY2021  

The Company registered double-digit percentage gains in Latin America and Asia/Pacific as well as significant growth in North America after adjusting for currency and portfolio effects      The Bayer…

FMC Corp registers revenue of $1.2 BN in Q2 of 2021

The second-quarter adjusted EBITDA was $347 million FMC Corporation in the second quarter of 2021 has posted a revenue of $1.2 billion, an increase of 8 per cent versus second…

CropIn raises $20 M of primary capital on Series C funding

Several early investors and employees who sold their stocks realised nearly 70X returns on their investment In the recently concluded Series C funding, agritech startup CropIn has raised $20 million…

Bayer Fund kickoffs 2022 America’s Farmers Grow Communities prog

By 2022, Bayer Fund will double the individual donations to $5,000, up from $2,500 in previous years Bayer Fund has recently announced the kickoff of the 2022 America’s Farmers Grow…

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