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Finance

Jai Kisan raises Rs 30 crore in Pre-Series A funding

Focuses on strategic recruitment, process management Mumbai-based fintech platform Jai Kisan, which caters to the financial needs of customers in rural emerging markets has raised Rs 30 crore in a…

Agri-tech startup Agro2o secures funding from Mumbai Angels Network  

 It would help the company in supporting its vision of offering healthy and sustainable solutions.   Agri-tech startup Concinnity Agro2o Pvt. Ltd, based in New Delhi, has raised funding from…

Yamaha Motor Ventures invests A$11 million into agritech AI start-up Yield  

Funding will be used for product development and to accelerate The Yield’s global patent strategy in targeted jurisdictions    Artificial intelligence (AI) startup, The Yield, looks set for rapid growth…

Dhanuka Agritech reports 45.80% growth in PAT at Rs 39 crore in Q4  

The firm’s PAT stood at Rs 26.75 crore during the last quarter of 2018-19.  Agro chemicals company Dhanuka Agritech on Wednesday reported a 45.80 per cent growth in profit after…

Agritech WayCool Foods receives $5.5 Mn debt financing from IndusIand Bank  

Funds will be used to invest in technology and expand food distribution business in South India     U.S. International Development Finance Corporation (DFC) has extended a 100% guarantee to WayCool…

RCF posts an increase of 193.54% in Q4 2019-20 profit

RCF tripled its standalone profit after tax in the March quarter to Rs.142.28 crores from Rs.48.47 crores in previous year       Despite the current COVID19 situation Rashtriya Chemicals…

PI Industries reports 12% fall in Q4 net profit

The consolidated annual income rose to RS 3,415.4 crore from Rs 2,900.4 crore in the 2018-19 fiscal.  The consolidated annual income rose to RS 3,415.4 crore from Rs 2,900.4 crore…

Kaveri Seeds reports 17 % increase in profit in FY20  

Its net sales for the year was Rs 882.25 crore, up 14.8 per cent from Rs 768.9 crore last year.    Kaveri Seeds Company Limited reported a 17 per cent…

 US based agritech Apeel Sciences secures $250 mn in funding round.

Apeel’s new funding will support the company’s initiatives in Sub-Saharan Africa, and Central and South America. Santa Barbara,Calif.-based Apeel Sciences has announced $250 million in new financing, and endorsements from…

Bayer CropScience reports net profit of Rs 31.5 crore in Q4

For fiscal year 2019-20, the company’s net profit increased to Rs 474.5 crore from Rs 337.1 crore in 2018-19. Bayer CropScience Ltd recently reported a net profit of Rs 31.5…

NABARD to provide Rs 20,500 crore for agricultural operations for pre-monsoon & kharif  

The funds will be provided  to farmers through cooperative banks and regional rural banks         NABARD has decided to provide financial assistance to Cooperative Banks and Regional…

 Poultry agritech start-up Eggoz raises ₹2.5 crore to fund expansion  

The seed funding round saw the participation of investors like Tracxn Labs, Angellist, Tri-Deep Capital, founders of Letstransport     Agritech startup Eggoz, which is into the business of egg production,…

Agritech startup Intello Labs raises $5.9 mn in series A round

The company will be using the fresh funding to fuel its growth in international markets, specifically in the US and across Asia Pacific.      Agritech start up Intello Labs…

Loadshare Networks raises Rs 100 cr in Series-B funding

 The start-up will make a foray into new sectors like pharmaceuticals, fast-moving consumer goods (FMCG) and groceries   Logistics platform Loadshare Networks has raised Rs 100 crore in Series-B funding…

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