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Finance

Agritech start up Bijak raises $12 mn from RTP Global

Other investors Sequoia Surge and Omidyar Network have infused Rs 15 crore and Rs 17 crore, respectively.       B2B agritech startup Bijak has raised about $12 million (Rs…

IFAD commits US $40 mn funds for farmers during Covid-19

 IFAD aims to raise at least $200 million more from member states, foundations and the private sector    With the Covid-19 pandemic and economic slowdown threatening the lives and livelihoods…

InstaAgro raises $600k funding from Rolesis Holdings

The company intends to become “one-stop-shop” for agricultural inputs in Brazil and Latin America InstaAgro, the first online direct sales platform of for agricultural inputs, machinery and parts in Brazil,…

Syngenta invests $2bn in sustainable agriculture with packaging innovations

Sustainability efforts will help Syngenta meet its target to reduce the carbon intensity of its operations and supply chain by 50% by 2030. To improve sustainability across its supply chain,…

Kiwa Bio-Tech announces 100 Mn loan program to boost agriculture production in China  

The Loan program is designed for farmers to purchase Kiwa’s fertilizer products and technical services.  Kiwa Bio-Tech Products Group Corp. (KWBT) (“Kiwa Bio-Tech” or “the Company”), an emerging agricultural company…

Agri-tech DeHaat raises $12-Mn in Series A round funding

Funds will be used to extend the network to 2,000 rural retail centres DeHaat, an agri-tech platform that helps farmers access agri inputs and financial services, and sell their produce,…

Indian Bank launches new products to support farmers, poultry players  

Borrowers in the poultry sector can avail 20 per cent of the working capital limit under the IND Covid Emergency Poultry Loan scheme.   The Indian Bank has launched three…

IFFCO contributes Rs. 25 Crore to PM-Cares Fund to fight Covid-19 pandemic  

IFFCO’s 5 fertiliser units in the country are functional and operating in shifts to produce the Fertilisers and essential soil nutrients.        Indian Farmers Fertiliser Cooperative Ltd. (IFFCO)…

Agri-supply chain startup Ergos Bags $5 Mn from Aavishkaar Capital  

Funding will be used to strengthen its Grain Bank for the post-harvest needs of the farmers.        Bengaluru-based agritech startup Ergos has raised INR 35 Cr ($5 Mn)…

Syngenta Ventures to back start-up WeedOUT for first species-specific biological herbicide

WeedOUT’s full Series A round will close in March 2020. Other investors in the round include CreditEase Israel Innovation Fund and Zora Ventures. Israel-based biological crop protection technology start-up WeedOUT…

Bioceres Crop Solutions raises $42.5 Mn to accelerate the launch of HB4 technology  

The Company intends to use proceeds to accelerate launch of its HB4 technology – a drought and salinity tolerance seed solution available for soybean and wheat crops.      …

Agritech Biotalys raises €45 million in Series C financing round  

 Funds will be used for the further development, registration and commercial scale production of Biotalys’ most advanced biofungicide product.         Biotalys NV, a rapidly growing and transformative…

NABARD infuses Rs 1.46 lakh crore for rural banking system in FY2020  

Short-term refinance, which is essentially production credit, is provided to banks to help farmers meet their operational costs.    The National Bank for Agriculture and Rural Development (NABARD)  has recenly…

Post-harvest services platform Arya raises $6 million in pre-Series B funding

 The funds will be used to accelerate company’s growth of agri storage network, building its book in warehouse receipt financing.   Agri post-harvest services platform, Arya recently announced that it…

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