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Finance

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…

NABARD sanctions Rs 35 lakhs to IIT Mandi and EWOK Society for setting up FPO’s

A tri-partite agreement involves NABARD, EWOK and IIT, Mandi for developing farmer-friendly equipment. Opportunities will be explored for collaboration in areas like Internet of Things in Agriculture, Watershed, and Rural…

Cabinet approves Rs 4558 crore scheme for Dairy sector

The scheme will promote dairy sector and further benefit around 95 lakh farmers in 50,000 villages. Information and Broadcasting Minister, Prakash Javadekar said that Cabinet has approved a Rs 4,558…

Israel based startup Equinom raises US$10 Million to accelerate growth

Investment fuels growth to shake up the traditional “plant-based” industry  Kibbutz Givat Brenner, Israel – Equinom, Ltd., the leading seed breeding startup, announces it has closed its Series B round…

Bengaluru based startup Clover raises $5.5 million in a Series A funding round  

The funds will be used to grow its farm network and diversify their offerings         Greenhouse Agritech startup Clover has raised over $5.5 million in a Series…

 Chennai based Agritech Startup WayCool Foods raises $32 mn from Lightbox

Funds will be used to strengthen technology backbone across the agricultural value chain Chennai-headquartered WayCool Foods has raised U$32 Mn in a combination of equity and debt in its Series…

Bayer CropScience Q3 net profit at Rs 137.9cr

Total income increased to Rs 873.4 crore in the quarter from Rs 791.1 crore in October-December 2018, the company mentioned in a regulatory filing.    Bayer CropScience Limited (BSE: 506285)…

Agrotech start up Kisan Network raises $3 million seed funding round  

The funds will be used to expand into new regions and also bring new varieties of crops   Kisan Network, a  Gurgaon based startup, has  recently secured $3 million in…

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