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Finance

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…

Bank of Baroda inks MoU with Mahindra & Mahindra for tractor finance

MoU will give a boost to agri business and will help farmers in availing hassle-free credit facilities for buying tractors  In order to boost agriculture finance, state-owned Bank of Baroda…

Rallis India reports 3% drop in Q2 revenues despite strong domestic performance

The Company recorded consolidated revenues of ₹725 Cr for the quarter ended 30 September,2020.    Rallis India Limited, a TATA Enterprise and a leading player in the Indian agri-inputs industry…

Ag Ministry launches Ayushman Sahakar scheme under NCDC

NCDC’s scheme aligns itself with the focus of the National Health Policy, 2017, covering the health systems in all their dimensions- investments in health, organisation of healthcare services, access to…

ADAMA announces net income estimate for Q3 and first nine months of 2020

The Company’s reported net income in Q3 and nine-month period are expected to reflect around $18 Mn and $63 Mn, respectively.     ADAMA Ltd.  has announced an estimate regarding…

B2B agri-marketplace Ninjacart secures funding from Walmart and Flipkart  

The financial details of investment was not disclosed.         B2B agri-marketplace Ninjacart, has raised money in a follow-on round of funding from US retail giant Walmart Inc…

Smart Agriculture Market is projected to reach $29.23 billion by 2027: Report

Lack of laborers, increased need for improved yield, and disruption in farm operations have increased the demand for smart agriculture. As per the report by Allied Market Research (AMR), the…

RBI excludes farm loans from resolution framework

Farm credit exposures of all lending institutions, including NBFCs, are excluded from the scope of the resolution framework Reserve Bank of India has recently released a set of frequently asked…

BASF sales declined by 5% in the Q3 FY 2020  

Due to non-cash-effective impairments and provisions for restructuring, below analyst consensus         BASF has released preliminary figures for the third quarter of 2020. Sales declined by 5%…

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