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Finance

Singapore based seafood start up Shiok Meats raises$12.6 Mn from Aqua-Spark  

Shiok plans to use the funds to launch its minced shrimp product in 2022.    Aqua-Spark, the first investment fund focused on sustainable aquaculture, announced an investment in Shiok Meats…

Ergos secures Rs 38.5 crore in Series A funding round  

Chiratae Ventures led the Series A round with an investment of Rs 23.5 crore, while Aavishkaar Capital invested Rs 15 crore    Agri-tech start up Ergos Business Solutions has announced…

Nabventures, Omnivore invests in agrotech startup Krishitantra

Krishitantra aims to optimize fertilizer application for farmers Hyderabad-based Krishitantra, a soil-tech platform has recently announced that it has raised $1 million in its seed round of funding from agritech-focused…

Sonalika tractors posts 46 % growth in sales in September

Domestic sales grew 51.4 % to 16,000 units in September 2020   Sonalika Tractors has reported a 46 per cent year-on-year jump in overall tractor sales to 17,704 units, including…

Agritech start up Unnati secures 1.7 Mn $ from Nabventures Fund  

The company will use funding to introduce digital technologies to farmers in India.    Noida based agritech startup Unnati announced that it has raised USD 1.7 million (about Rs 12.5…

 Agri-finance start up Samunnati secures $20 million in debt from US International DFC  

The debt capital will be used to sanction loans to FPOs and small and medium agribusinesses         Agriculture finance start up Samunnati has raised $20 million  in…

Aquaconnect launches financial risk management service

AquaCRED facilitates BFSI players to extend their services across the value chain and thus ensure easy formal credit availability to the farmers.      Aquaculture start up Aquaconnect launches a…

Maldives-India cargo ferry to boost economies: PM Modi

Maldives-India Cargo ferry service would strengthen the friendship between the two countries In a recent tweet replying to Maldivian President Ibrahim Mohamed Solih, PM Modi has said that the Maldives-India…

Axis Bank ties up with Bayer to provide better financial solutions to farmers

Axis Bank would offer a wide range of end-to-end financial solutions & services like affordably priced loans, deposits, withdrawals and payments   Axis Bank, India’s third largest private sector bank…

Supply chain digitizer Silo raises $9 Mn in Series A funding

Series A led by Andreessen Horowitz, other investors included investors Initialized Capital and Haystack Ventures.      Cloud-based supply chain streaming platform Silo has raised a $9 million Series A…

Japanese firms Mitsui and Nisso jointly acquires 56% stake in Bharat Insecticides Ltd

It will strengthen BIL’s ability to deliver innovative crop protection products        New Delhi based company Bharat Insecticides Limited, specializing in agrochemical products, is now associated with Mitsui…

Bayer opens application window for Grants4Ag  

Initiative offers financial support for novel approaches and enabling technologies in crop research        Bayer announced that it has opened the application window for its Grants4Ag initiative. First…

Bank of Baroda introduces various initiatives to boost tractor financing  

The bank has replicated `Cluster Model for Tractor Financing` presently operational in multiple cities       The Bank of Baroda has announced three new initiatives towards improving credit penetration…

NABARD sanctions Rs 1,568 cr under Agri Infra Fund

NABARD has received 3,055 proposals of PACS (Primary Agriculture Credit Societies) through state cooperative banks in 22 states The National Bank for Agriculture and Rural Development (NABARD) has given in-principle…

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