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Finance

CNH Industrial reports strong growth in Q3 2020

Net sales of Industrial Activities up 4%, primarily driven by an 11% increase in Agriculture.  CNH Industrial reports strong results, with all divisions performing ahead of earlier expectations. Consolidated revenues…

Rockstart, Navus ventures invests €500K in agritech start-up MoooFarm

The agritech startup is currently going through the Rockstart AgriFood acceleration program Rockstart, a global accelerator-VC has announced that one of its portfolio companies, MoooFarm Agritech startup based in Delhi,…

NABARD supports Kerala state to set up milk powder factory

The Rs 53.93 crore facility would be set up in northern Malappuram district, using NABARD’’s infrastructure investment fund.      Kerala state is all set to get a state-of-the-art milk powder…

Escorts Agri Machinery posts 2.3 % rise in sales in October’20  

The company’s tractor sales surged 15.3% in October 2020 from 11,851 units sold in September 2020.       Escorts’ Agri Machinery Segment (EAM) announced that the company has sold…

Origin Agritech receives grant from MOA for its BMO corn traits

The MOA’s grant program was established to award achievement in agricultural technology innovation Origin Agritech Ltd. (Origin), headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, a leading Chinese agricultural technology…

Coromandel International posts 17% rise in profit in Q2 FY21

Consolidated net profit after tax for the quarter is Rs 589 crores in comparison to Rs 504 crores for the corresponding quarter last year   Coromandel International Limited, India’s leading…

Bayer Cropscience reports 11.6 % decline in sales in Q3 2020

Business was down in North America in particular, while sales increased in the Asia/Pacific region.      In the agricultural business (Crop Science), sales declined by 11.6 percent (Fx &…

Benson Hill raises $150 Million in Series D funding round  

With this new round of funding, company will continue to advance Cloud Biology® and its innovation engine CropOS™       Benson Hill has announced the close of a $150 million Series…

FreshToHome secures $121 Mn in funding from Investment Corporation of Dubai  

The company aims to expand in Indian cities and the Middle East.        FreshToHome, an online brand in fresh fish and meat e-commerce, announced that it has raised USD…

Directorate Horticulture Kashmir launches MIS for apple growers

The launching of the Market Intervention Scheme (MIS) by the Government will provide an effective marketing platform to apple growers Director Horticulture Kashmir, Ajaz Ahmad Bhat has recently finalized the…

Agritech Start-up ’Freshokartz’ secures USD 1.4 Mn in pre-series A funding round

 The Funds will be used in capacity building, technology development and geographic expansion    Jaipur based Freshokartz Agri Products Pvt. Limited, a premier Agri-tech startup has received INR 10 Crore…

Agritech supply chain Origo raises Rs 35 Cr debt from Northern Arc Capital

The funding will help Origo to improve agri processes, warehousing, and accessibility to lakhs of Indian farmers    Agritech supply chain and trade finance firm Origo on announced that it…

Maersk expects to deliver a strong Q3 2020 with solid earnings growth

The company reports an unaudited revenue of USD 9.9bn and an EBITDA before restructuring and integration costs of USD 2.4bn for Q3 2020    “A.P. Moller – Maersk is on…

Grain monitoring start up TeleSense secures $10.2 Mn in Series B round  

Series B round of financing led by existing investor Finistere Ventures, an Ag and food investment pioneer.  U S based grain monitoring start u TeleSense, has announced the close of…

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