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Finance

Agri-food industry contributes over US$717 Bn to Southeast Asian economy: Oxford Economics  

Ongoing pandemic, supply and demand risks and fiscal risks can disrupt the region’s post-COVID-19 economic recovery          Southeast Asia’s agri-food remains critical to the region’s economy and…

BASF invests in biotechnology start-up Bota Bio

Bota Bio’s next-generation industrial biology platform is a combination of computation and cutting-edge biotechnology BASF Venture Capital (BVC) has invested in Bota Biosciences, Ltd. (Bota Bio), an industrial synthetic biotech…

Dole Asia Holdings launches Sunshine for All Fund in India  

A $2 million annual fund will support global strategic partnerships and innovation in the crucial areas of sustainability, food access and reduction of food waste.   Dole Asia Holdings and…

Aquaconnect, Bank of Baroda partner to extend credit to fish & shrimp farmers  

Under this partnership, Bank of Baroda has extended loan for up to 10 lacs under KCC scheme and fisheries loan    The aquaculture tech pioneer ‘Aquaconnect’ has partnered with Bank…

CDPQ, S2G invest $125 Mn in Benson Hill to advance Climate Solutions in agriculture

Investment by CDPQ and S2G supports Benson Hill’s technology and sustainability-focused approach   Benson Hill, a food tech company unlocking the natural genetic diversity of plants with its cutting-edge food…

Omnivore listed on ImpactAssets’ online database ’IA 50 Impact Fund’

The IA 50 is the first publicly available database made up of private debt and equity impact investing fund managers across a wide range of geographies and impact areas of…

Mahindra & Mahindra Feb tractor sales chart reflects 24% growth

Total tractor sales during February 2021 were at 28,146 units, as against 22,561 units for the same period last year Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part…

Omnivore, India Quotient and Accion Venture Lab infuse $2M into AGRIM seed funding round

AGRIM will create tremendous value for India’s agricultural economy and its 130 million smallholder farmers   AGRIM, a B2B marketplace for agri-inputs, announced on March 4, that it had raised…

CNH Industrial’s minority investment in Monarch Tractor to accelerate autonomy and electrification in agri industry

It will enable agribusinesses to realize profitable zero-emission farming.   CNH Industrial has announced that it has completed its minority investment in Monarch Tractor, a US-based agricultural technology company, which…

Arya ties up with Canara Bank to establish effective market linkage  

It aims to extend finance to farmers, FPOs, processors, and various depositors stocking their agri-produce in warehouses     Arya, India’s leading post-harvest Agritech Company entered into a strategic partnership…

Bayer Crop Science registers higher sales in Latin America and Asia in 2020  

Sales growth was particularly strong at Fungicides – 8.5 % and Environmental Science – 11.5 %,   In the agricultural business (Crop Science), Bayer increased sales by 1.3 percent (Fx &…

Agri-tech startup Unnati launches Paytm-powered digitally integrated card for farmers

The card will enable farmers to access a larger market to obtain their farm inputs.  Unnati, a tech-driven agri input and agri produce selling start-up, has launched a first-of-its-kind digitally…

RCF hands over highest dividend amount to Chemicals & Fertilizers Ministry for FY 2019-20

Ministry  receives highest ever dividend of 28.4% for the FY 2019-20 amounting to Rs. 117.51 crore from Rashtriya Chemicals & Fertilizers Limited.    Union Minister of Chemicals & Fertilizers receives…

Chemicals and Petrochemicals industry welcome ’growth-oriented’ Budget 2021

The roll-out of the PLI schemes for key end-use sectors will boost petrochemical consumption in the country The Chemical and Petrochemical industry has been demanding since long back for a…

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