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Finance

Nigeria’s Agricorp International raises $17.5 m in Series A funding

The company will be able to increase its processing capacity up to 7000 metric tonnes Nigeria-based spices producing, processing, and exporting company Agricorp International has raised $17.5 million in Series…

Mahindra sells 19997 tractors in domestic market in Aug 2021

The total tractor sales (Domestic + Exports) during August 2021 were at 21360 units Mahindra & Mahindra’s Farm Equipment Sector (FES), part of the Mahindra Group, announced its tractor sales…

Syngenta Group posts sales of $7.4 Bn in Q2

EBITDA increases in the second quarter 25 per cent to $1.2 billion Syngenta Group recently reported strong financial results for the second quarter and the first half ended June 30,…

Samunnati with Dvara E-Registry to provide services to farmers, FPOs

Dvara E-Registry’s Doordrishti platform will provide digital monitoring of farm operation for farmers and crop analytics Dvara E-Registry has partnered with agri value chain solutions provider Samunnati Financial Intermediation and…

Agritech robotics startup TartanSense raises $5 M in Series A funding

TartanSense is helping smallholder farmers who struggle with low yields, primarily driven by two reasons – poor chemical spraying techniques and unreliable farm labour Bengaluru-based Agritech robotics startup TartanSense has…

Pinduoduo registers 89 per cent revenue gain in Q2

Unveils 10 Billion Agriculture Initiative to address critical needs in the agricultural sector and rural areas Pinduoduo, China’s largest agricultural platform, posted 89 per cent gain in second-quarter revenue as…

Suumaya Industries acquires 51 per cent stake in payAgri

The deal will help to build Suumaya Agro as a holistic agribusiness and drive the sector significantly Suumaya Industries, an emerging diversified conglomerate group having recently ventured into agri-commodity business,…

S&W Seed Company expects $69.8 M core revenue for fiscal 2021

The COVID-19 pandemic had a significant negative impact on logistics S&W Seed Company has announced certain unaudited preliminary financial results for the fiscal year ended June 30, 2021. Preliminary core…

Deep tech start-up AgNext raises $21 M Series A financing

AgNext will use the funds for scaling its full-stack platform for AI-enabled trade to solve for trust and transparency in global food value chains Deep-tech agritech start-up AgNext Technologies has…

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…

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